Numis Corporation PLC Purchase of Shares in Close Period (3037J)
March 29 2018 - 2:05AM
UK Regulatory
TIDMNUM
RNS Number : 3037J
Numis Corporation PLC
29 March 2018
EMBARGOED FOR RELEASE
29 MARCH 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 interim results for the six months ending 31 March 2018 (the
"Close Period").
Pursuant to the share buyback authority approved by the Board on
28 March 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confirms that it currently has no unpublished price sensitive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
11,061,088 (10.30%) and the number of remaining Ordinary Shares in
issue and total voting rights is 107,377,448 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.
29 March 2018
END
Contacts
Alex Ham and Ross Mitchinson Co-CEOs 020 7260 1425
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 2578
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 company news service from the London Stock Exchange
END
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