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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Somero Enterprise Inc. | LSE:SOM | London | Ordinary Share | COM STK USD0.001 (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -3.00 | -0.90% | 332.00 | 330.00 | 340.00 | 335.50 | 335.00 | 335.00 | 535,391 | 16:35:15 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMSOM
RNS Number : 7585Z
Somero Enterprises Inc.
17 March 2017
Somero Enterprises, Inc ("Somero" or the "Company")
Director Holdings / Transaction in Own Shares
Somero announces that on 16 March 2017, it was notified of the exercise of 1,312,109 stock options over ordinary shares (the "Options") by Executive Director and CEO, Jack Cooney and the further exercise of 85,704 Options by non-Executive Director, Tom Anderson. The resulting transactions following such exercise took place on 16 March 2017 and have been approved by the Board and in accordance with the Company's share dealing code.
In accordance with terms of the Option Buy-Back Program approved on 15 November 2013, these Options will all be settled for cash based on a price of 280p per share, reflecting the share price at close of market on 16 March 2017.
Mr. Cooney's total beneficial holdings in the Company remain unchanged at 1,414,634 ordinary shares following this option exercise.
After taking into account the above settlement of Options, there remain outstanding options over a total of 188,548 ordinary shares in the Company.
The Company's total issued ordinary share capital is 56,425,598 shares and the Company holds 221,996 of its shares in Treasury and has 56,203,602 ordinary shares in issue excluding Treasury shares which was unchanged by the above transaction.
For further information, please contact:
Somero Enterprises, Inc. www.somero.com
Jack Cooney, CEO +1 239 210 6500
John Yuncza, CFO
Howard Hohmann, EVP Sales
finnCap Ltd (NOMAD and Broker)
Matt Goode (Corporate Finance) +44 (0)20 7220 0500
Carl Holmes (Corporate Finance)
Tim Redfern (Corporate Broking)
Redleaf Communications Ltd (Financial PR Advisor) somero@redleafpr.com
Rebecca Sanders-Hewett +44 (0)20 7382 4730
David Ison
Susie Hudson
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCSFUSSWFWSESD
(END) Dow Jones Newswires
March 17, 2017 03:00 ET (07:00 GMT)
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