Novae Group PLC Novae Group Plc: Purchase Of Shares By The Trustee Of The Employee Benefit Trust

 
TIDMNVA 
 
 
   22 January 2016                                                                                    For immediate release 
 
 
   Novae Group plc 
 
   PURCHASE OF SHARES BY THE TRUSTEE OF THE EMPLOYEE BENEFIT TRUST (the 
"EBT") 
 
   The Company received notification on 22 January 2016 that the trustee of 
the EBT ("the trustee") has acquired Ordinary shares of GBP1.125 each in 
the capital of the Company ("Shares") as detailed below: 
 
 
 
 
Number of Shares purchased  Average price paid per Share  Date of purchase 
112,500                     GBP8.04                       22 January 2016 
 
 
   Following these transactions, the trustee holds a total of 1,643,603 
Shares, representing 2.5% of the Company's issued ordinary share 
capital. The executive directors and persons discharging managerial 
responsibility of the Company, together with other employees, are 
potential beneficiaries under the EBT and are therefore treated as 
having an interest in such Shares. 
 
   The Company's issued ordinary share capital consists of 64,425,640 
Ordinary shares of GBP1.125 each. 
 
   Enquiries: 
 
   Alex Moon     -   Novae Group plc           020 7050 9000 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Novae Group plc via Globenewswire 
 
   HUG#1980781 
 
 
  http://www.novae.com/home.aspx 
 

(END) Dow Jones Newswires

January 22, 2016 10:56 ET (15:56 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.