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Pin to quick picksSomero Regulatory News (SOM)

Share Price Information for Somero (SOM)

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182.50    -1.00 (-0.55%)
Bid:
180.00
Ask:
185.00
Spread: 5.00 (2.778%)
Market Cap: £93.20m
SOM Live PriceLast checked at - London Stock Exchange

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Transaction in Own Shares

8 Sep 2017 12:30

RNS Number : 2559Q
Somero Enterprises Inc.
08 September 2017
 

Somero Enterprises, Inc ("Somero" or the "Company")

Transaction in Own Shares

Somero announces that on Thursday, 7 September 2017, the Company approved a transaction in respect of employee share schemes.

In accordance with the option buy-back programme, approved on 15 November 2013, 154,268 options over ordinary shares have been bought back and cancelled from Non-Executive Director, Lawrence Horsch. The options were bought back at a price of 295p per share, reflecting the share price at close of market on 7 September 2017.

After taking into account the above buy back of options, there remain outstanding share options over a total of 17,141 ordinary shares in the Company.

The Company's total issued ordinary share capital is 56,425,598 shares and the Company holds 183,477 of its shares in Treasury and has 56,242,121 ordinary shares in issue excluding Treasury shares which was unchanged by the above transaction.

 

For further information, please contact:

 

Somero Enterprises, Inc. www.somero.com

Jack Cooney, CEO +1 239 210 6500

John Yuncza, CFO

Howard Hohmann, EVP Sales

 

finnCap Ltd (NOMAD and Broker)

Matt Goode (Corporate Finance) +44 (0)20 7220 0500

Carl Holmes (Corporate Finance)

Tim Redfern (Corporate Broking)

 

Redleaf Communications Ltd (Financial PR Advisor) somero@redleafpr.com

Elisabeth Cowell +44 (0)20 7382 4730

David Ison

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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