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Transaction in Own Shares

2nd Oct 2014 16:22

RNS Number : 3390T
Somero Enterprises Inc.
02 October 2014
 



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

Transaction in Own Shares

Somero announces that on Wednesday 01 October 2014 it approved a transaction in respect of employee share schemes.

In accordance with the option buy-back programme approved on 15 November 2013, 34,281 options over ordinary shares have been bought back and cancelled using a price of 129.5p per share.

After taking into account the above buy-back of options, there remain outstanding share options over a total of 1,840,627 ordinary shares in the Company.

The Company's total issued ordinary share capital is 56,425,598 shares and the Company holds 232,700 of its shares in Treasury and has 56,192,898 ordinary shares in issue excluding Treasury shares which was unchanged by the above transaction.

 

Enquiries:

Somero Enterprises, Inc

Jack Cooney, CEO

Tel: +1 239 210 6500

Mike Niemela, CFO

Tel: +1 239 210 6500

Canaccord Genuity Limited

Chris Robinson

Tel: +44 20 7523 8000

Piers Coombs

Tel: +44 20 7523 8000

Peter Stewart

Tel: +44 20 7523 8000

 

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