6th Oct 2006 07:01
Numis Corporation PLC06 October 2006 EMBARRGOED FOR RELEASE FRIDAY 6 OCTOBER 2006 at 7.00 am Numis Corporation Plc ("Numis") Numis Equity Incentive Scheme for Employees of Numis Securities Inc - The USRestricted Stock Plan ("USRSP") The Board of Numis today announces that it has approved an award under therecently introduced US Restricted Stock Plan ("USRSP"), an equity shareincentive scheme for US employees of Numis Securities Inc ("NSI"), (the terms ofwhich are similar to those for the Numis UK Long Term Incentive Plan ("LTIP").Under the terms of the scheme, employees are invited to subscribe for Numisshares on the basis that for each new Numis share purchased they will receive,at no further cost to them, one additional Numis share (each a "matchingshare"). Subject to certain limited exceptions, employees must remain inemployment with the Numis Group for a minimum period of five years to achievethe matching share benefit. Under the Numis USRSP, Numis approved an award of 238,542 (0.22%) Numis sharesat a price of 267p per share. This award represents 119,271 (0.11%) shares to bepurchased by the employee and 119,271 (0.11%) matching shares and will be fundedentirely by the allocation of 238,542 (0.22%) Numis shares, held by the NumisCorporation Plc Employee Share Trust ("the Trust"). The Trust currently holds9,751,195 (9.21%) Numis shares specifically for the benefit of Numis' employeeshare incentive schemes. Numis shares referred to above are Numis' ordinary shares of 5p each. The totalnumber of shares in issue is 105,902,506. 6 October 2006 Contacts: Numis Corporation Plc:Oliver Hemsley, Chief Executive 020 7776 1500Bill Trent, Chief Financial Officer Brunswick:Gill Ackers 020 7404 5959Lucie-Anne Brailsford 020 7396 3507 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
NUM.L