Purchase of shares by the Trustees of the Employee Benefit Trust

Purchase of shares by the Trustees of the Employee Benefit Trust

ID: 23035

(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 25 June 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 | |
| |  | |
+-------------------------------+-----------------------------+----------------+
|90,000 | £3.165 | 23 June 2010 |
+-------------------------------+-----------------------------+----------------+


Following this transaction, the trustees hold a total of 959,380 Ordinary shares
of £1 each, representing 1.31% 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#1427263]








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(i) the releases contained herein are protected by copyright and other applicable laws; and




(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
All reproduction for further distribution is prohibited.

Source: Novae Group plc via Thomson Reuters ONE


Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 25.06.2010 - 13:01 Uhr
Sprache: Deutsch
News-ID 23035
Anzahl Zeichen: 0

contact information:
Town:

London



Kategorie:

Business News



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