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Purchase of Shares in Close Period

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RNS Number : 8783N
Numis Corporation PLC
27 September 2019
 

FRIDAY 27 SEPTEMBER 2019 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 its annual results for the year ending 30 September 2019 (the "Close Period").

 

Pursuant to the share buyback authority approved by the Board on 26 September 2019, 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  The Company confirms that it currently has no unpublished price sensitive information.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 13,436,088 (12.80%) and the number of remaining Ordinary Shares in issues and total voting rights is 105,002,448 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.

 

27 September 2019

 

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 2578
Harrison J Clarke                                                                     020 7865 2411

Niall McDonald                                                                       020 7728 2347

 

 

Notes for Editors

 

Numis is a leading independent investment banking group offering a full range of research, execution, corporate broking and advisory services to companies 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 [email protected] or visit www.rns.com.
 
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POSUNAARKRAKUUR

Quick facts: Numis Corporation

Price: 250

Market: AIM
Market Cap: £262.13 m
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