Holding(s) in Company
(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 4 October 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 | £3.3338 | 1 October 2010 |
| | | |
+-------------------------------+-----------------------------+----------------+
Following this transaction, the trustees hold a total of 1,239,960 Ordinary
shares of £1 each, representing 1.693% 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#1448911]
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(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.
Source: Novae Group plc via Thomson Reuters ONE
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News-ID 44028
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