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Purchase of Shares in Close Period

28 Sep 2018 07:05

RNS Number : 2443C
Numis Corporation PLC
28 September 2018
 

FRIDAY 28 SEPTEMBER 2018 AT 7.05 AM

 

Numis Corporation Plc ("Numis" or the "Company")

 

Purchase of Shares in Close Period

 

The Board of Numis (the "Board") today announces that the Company is about to enter a close period ahead of the publication of annual results for the year ending 30 September 2018 (the "Close Period").

 

Pursuant to the share buyback authority approved by the Board on 27 September 2018, the Board has granted authority to the Company's broker, Numis Securities Limited, to continue to purchase the Company's ordinary shares ("Ordinary Shares") in the market during the Close Period. Subject to availability in the market, any Ordinary Shares purchased during the Close Period will be held in Treasury and may then be used to fund employee equity incentive awards should the need arise.

 

The authority granted is irrevocable and non-discretionary and during the Close Period the Board has no power to invoke any changes to the authority and any purchases will be undertaken at the sole discretion of Numis Securities Limited. The Company confirms that it currently has no unpublished price sensitive information.

 

The total number of Ordinary Shares held in Treasury is 12,436,088 (11.73%) and the number of remaining Ordinary Shares in issues and total voting rights is 106,002,448  which is the number that may be used by the shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interests in, the Company under the FCA's Disclosure and Transparency Rules.

 

These details have been provided in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014.

 

28 September 2018

 

END

 

Contacts

Alex Ham and Ross Mitchinson Co-CEOs 020 7260 1245

Andrew Holloway - Chief Financial Officer 020 7260 1266

 

Brunswick:

Nick Cosgrove 020 7404 5959

Simone Selzer 020 7404 5959

 

Grant Thornton UK LLP (Nominated Adviser):

Philip Secrett 020 7728 2578Jen Clarke 020 7865 2411

Harrison J Clarke 020 7184 4384

 

 

 

 

 

Notes for Editors

Numis is a leading corporate advisory and stockbroking group offering a full range of research, execution, corporate broking and corporate finance services to companies quoted in the UK and their investors.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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