Purchase of shares

Purchase of shares

ID: 20985

(Thomson Reuters ONE) -


NOVAE GROUP PLC ("the Company")

PURCHASE OF SHARES BY THE TRUSTEES OF THE EMPLOYEE SHARE OWNERSHIP TRUST (the
"EBT")

The Company received notification on 17 May 2010 that the trustees of the EBT
have acquired Ordinary shares of £1 each in the capital of the Company
("Ordinary shares") as detailed below:


+-------------------------------+-----------------------------+----------------+
|Number of Ordinary shares|Average price paid per|Date of purchase|
|purchased |Ordinary share | |
| |  | |
+-------------------------------+-----------------------------+----------------+
|100,000 | £3.00 | 14 May 2010 |
+-------------------------------+-----------------------------+----------------+


Following this transaction, the trustees hold a total of 739,960 Ordinary shares
of £1 each, representing 1.011% of the Company's issued Ordinary shares. The
executive directors of the Company have an interest in the Ordinary shares held
by the EBT as potential beneficiaries of the EBT in respect of their
participation in Novae Group plc's Long Term Incentive Plan.

This notification is made in accordance with Rule 3.1.4R (1) (a) of the
Disclosure and Transparency Rules.


For further enquiries:

MJ Turvey
Group Legal Counsel and Company Secretary

020 7903 7300





[HUG#1416303]











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Bereitgestellt von Benutzer: hugin
Datum: 17.05.2010 - 12:59 Uhr
Sprache: Deutsch
News-ID 20985
Anzahl Zeichen: 0

contact information:
Town:

London



Kategorie:

Business News



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"Purchase of shares"
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Novae Group plc (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).


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