11th Jan 2006 07:00
Numis Corporation PLC11 January 2006 EMBARGOED FOR RELEASE ON Wednesday 11 January 2006 AT 7.00am Numis Corporation Plc ("Numis" or "the Company") Long Term Incentive Plan ("LTIP") The Board of Numis announces that, today, it approved awards under the LTIP inrespect of 790,196 (0.75%) Numis shares at a price of 255p per share. Numisshares for the awards under the LTIP will be funded entirely from the allocationof 790,196 (0.75%) Numis shares currently held by the Numis Corporation PlcEmployee Share Trust ("the Trust"). The Trust currently holds 8,630,117 (8.20%)Numis shares specifically for the Company's LTIP. Under the terms of the LTIP, employees are invited to subscribe for Numis shareson such terms, the effect of which is that for each new Numis share purchased,employees will receive, at no further cost to them, one further Numis share(each a "matching share"). The awards under the LTIP in respect of 1,580,392 shares (1.50%) represent790,196 shares purchased by employees and the 790,196 matching shares to whichthey are prospectively entitled. Subject to certain limited exceptions,employees must remain in employment with the Numis Group for a minimum period of5 years to achieve the matching share benefit. Directors' Dealings Nigel Turner, the Deputy Chairman of Numis and Bill Trent, the Chief FinancialOfficer were awarded 392,157 and 58,823 Numis shares respectively pursuant tothe Company's LTIP at a price of 255p per share. Mr Turner and Mr Trent have therefore purchased 392,157 and 58,823 Numis sharesrespectively pursuant to the LTIP rules at a price of 255p per share and totalinvestments of £1,000,000 and £150,000 respectively. Name of Shares % of shares in Total shares % of sharesDirector acquired issue now held in issue P N N 392,157 0.372 392,157 0.372Turner W E J 58,823 0.056 59,823 0.057Trent The Numis shares referred to above are Numis' ordinary shares of 5p each and thetotal number of shares in issue is 105,286,583. End11 January 2006 Contacts:Numis Corporation Plc:Oliver Hemsley, Chief Executive 0207 776 1500Bill Trent, Chief Financial Officer Brunswick:Gill Ackers 0207 396 5328Rachel Quigley 0207 396 3507 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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