REG - Numis Corporation - Director dealing

NumisAnnouncement

21/01/2019 13:05

RNS Number : 6646N
Numis Corporation PLC
21 January 2019
 


                                        21 JANUARY 2019           
 
 
Numis Corporation Plc ("Numis")
 
Grant of RSU Award
 
The Board of Numis announces that Andrew Holloway, the Chief Financial Officer of Numis (CFO), was granted 300,000 ordinary shares of 5p each ("Ordinary Shares") in the Company (the "RSU Award"), today, 21 January 2019 (the "Grant Date") pursuant to the Company's Restricted Stock Unit Plan 2017. The grant price of the award is £2.405.
 
The RSU Award, representing 300,000 Numis Ordinary Shares will be delivered in 3 equal tranches over years 1, 2 and 3 from the anniversary of the Grant Date. The RSU Award is subject to continued service throughout the term as well as the achievement of specific performance targets and each tranche on vesting is subject to a 2 year holding period. The satisfaction of these performance conditions is judged solely by the Company's Remuneration Committee.
 
No consideration was paid to the Company for the grant of the RSU Award and no consideration is due on the vesting of the RSU Award. Further details regarding the RSU Award will be set out in the Company's 2019 Annual Report and Accounts.
 
Director's Dealing
 
The Board of Numis announces that, further to the vesting of award shares under the Numis Corporation Plc Restricted Stock Unit Plan 2008 ("RSU Plan") on 21 January 2019, Andrew Holloway, through the mechanism of the RSU Plan, sold part of his award shares to fund tax liabilities arising from the vesting of the award shares.
 
Andrew Holloway's deemed interested in Numis shares is:-
 
Award Shares      Award Shares     Award Shares     Total Numis Shares   % of
Vested                  Sold                    Acquired             now held                   Numis shares
                                                                                                                      in issue
10,342                 4,861                   5,481                   60,828                       0.057 %
 
 
No consideration was paid to the Company for the grant of the award and no consideration has been paid on the vesting of the awards.
 
The Numis shares referred to above are Numis' ordinary shares of 5p each ("Ordinary Shares") and the total number of shares in issue is 107,227,448 (excluding shares held in Treasury) with each Ordinary Share carrying the right to one vote.
 
The total number of shares held in Treasury is 11,211,088 (10.46%).  The total number of voting rights in Numis is 107,227,448.  
 
These details have been provided in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014
 
 
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
 
 
 




1


Details of the person discharging managerial responsibility / person closely associated
 




 
a)


 
Name


 
Andrew Holloway 




2


Reason for the notification




 
a)


 
Position/status


 
PDMR (Executive Director)




 
b)


 
Initial notification/amendment


 
Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




 
a)


 
Name


 
Numis Corporation Plc




 




 
b)


 
LEI


 
213800AREEDZZCNBHD25




 




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




 




 
a)


 
Description of the financial instrument, type of instrument


 
Numis Ordinary Shares




 
Identification code


 
Ordinary share ISIN : GB00B05M6465




 
b)


 
Nature of transaction



1.   Grant of ordinary shares pursuant to the Company's Restricted Stock Unit Plan 2017.
 
2. Vesting of ordinary shares under the Numis Corporation Plc Restricted Stock Unit Plan 2008 ("RSU Plan")
 

 

3.Sale of part of vested award shares under the RSU Plan to fund tax liabilities arising





 
c)


 
Price(s) and volume(s)


 
Price(s)


 
Volume(s)





1    Nil




1.   300,000






2    Nil




2.   10,342





 

3    £2.405

 
 


 

3.   4,861  





 
d)


 
Aggregated information




 
Aggregated volume


 
N/A




 
Price


 
N/A




 
e)


 
Date of transaction


 
21 January 2019 




 
f)


 
Place of transaction


 
UK, London Stock Exchange




 
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
 
 
21 January 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
Jen Clarke                                                                                020 7865 2411
Harrison J Clarke                                                                     020 7184 4384
    
 
                                                                    
                                                                    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 




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END
 
 
DSHSESFEFFUSEIF