Numis Corporation PLC Director dealing (6646N)

TIDMNUM

RNS Number : 6646N

Numis Corporation PLC

21 January 2019

21 JANUARY 2019

Numis Corporation Plc ("Numis")

Grant of RSU Award

The Board of Numis announces that Andrew Holloway, the Chief Financial Officer of Numis (CFO), was granted 300,000 ordinary shares of 5p each ("Ordinary Shares") in the Company (the "RSU Award"), today, 21 January 2019 (the "Grant Date") pursuant to the Company's Restricted Stock Unit Plan 2017. The grant price of the award is GBP2.405.

The RSU Award, representing 300,000 Numis Ordinary Shares will be delivered in 3 equal tranches over years 1, 2 and 3 from the anniversary of the Grant Date. The RSU Award is subject to continued service throughout the term as well as the achievement of specific performance targets and each tranche on vesting is subject to a 2 year holding period. The satisfaction of these performance conditions is judged solely by the Company's Remuneration Committee.

No consideration was paid to the Company for the grant of the RSU Award and no consideration is due on the vesting of the RSU Award. Further details regarding the RSU Award will be set out in the Company's 2019 Annual Report and Accounts.

Director's Dealing

The Board of Numis announces that, further to the vesting of award shares under the Numis Corporation Plc Restricted Stock Unit Plan 2008 ("RSU Plan") on 21 January 2019, Andrew Holloway, through the mechanism of the RSU Plan, sold part of his award shares to fund tax liabilities arising from the vesting of the award shares.

Andrew Holloway's deemed interested in Numis shares is:-

   Award Shares      Award Shares     Award Shares     Total Numis Shares   % of 

Vested Sold Acquired now held Numis shares

in issue

10,342 4,861 5,481 60,828 0.057 %

No consideration was paid to the Company for the grant of the award and no consideration has been paid on the vesting of the awards.

The Numis shares referred to above are Numis' ordinary shares of 5p each ("Ordinary Shares") and the total number of shares in issue is 107,227,448 (excluding shares held in Treasury) with each Ordinary Share carrying the right to one vote.

The total number of shares held in Treasury is 11,211,088 (10.46%). The total number of voting rights in Numis is 107,227,448.

These details have been provided in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 1      Details of the person discharging managerial responsibility 
         / person closely associated 
 
   a)     Name                                Andrew Holloway 
       ----------------------------------  ---------------------------- 
 2      Reason for the notification 
       ---------------------------------------------------------------- 
 
   a)     Position/status                     PDMR (Executive Director) 
       ----------------------------------  ---------------------------- 
 
   b)     Initial notification/amendment      Initial notification 
       ----------------------------------  ---------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ---------------------------------------------------------------- 
 
   a)     Name                                Numis Corporation Plc 
       ----------------------------------  ---------------------------- 
 
 
 
   b)     LEI     213800AREEDZZCNBHD25 
 
 
 4   Details of the transaction(s): section to be repeated 
      for (i) each type of instrument; (ii) each type of 
      transaction; (iii) each date; and (iv) each place 
      where transactions have been conducted 
 
 
 
           Description of the financial      Numis Ordinary Shares 
           instrument, type of 
           instrument 
 
 a)        Identification code               Ordinary share ISIN : GB00B05M6465 
        --------------------------------  ----------------------------------------------- 
                                                 1. Grant of ordinary shares 
   b)      Nature of transaction                  pursuant to the Company's Restricted 
                                                  Stock Unit Plan 2017. 
 
                                                  2. Vesting of ordinary shares 
                                                  under the Numis Corporation 
                                                  Plc Restricted Stock Unit Plan 
                                                  2008 ("RSU Plan") 
 
 
 
                                                  3.Sale of part of vested award 
                                                  shares under the RSU Plan to 
                                                  fund tax liabilities arising 
        --------------------------------  ----------------------------------------------- 
 
                                             Price(s)                      Volume(s) 
        --------------------------------  ----------------------------  ----------------- 
               1 Nil                                                           1. 300,000 
  --------------------------------------------------------------------  ----------------- 
               2 Nil                                                           2. 10,342 
  --------------------------------------------------------------------  ----------------- 
 
 c)      Price(s) and volume(s)                          3 GBP2.405              3. 4,861 
        --------------------------------  ----------------------------  ----------------- 
 
    Aggregated information 
 ---------------------------------------------------------------------------------------- 
 
    Aggregated volume                 N/A 
 --------------------------------  ------------------------------------------------------ 
 
 d)        Price                             N/A 
        --------------------------------  ----------------------------------------------- 
 
   e)      Date of transaction               21 January 2019 
        --------------------------------  ----------------------------------------------- 
 
   f)      Place of transaction              UK, London Stock Exchange 
        --------------------------------  ----------------------------------------------- 
 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

21 January 2019

END

Contacts

   Alex Ham and Ross Mitchinson Co-CEOs                              020 7260 1245 
   Andrew Holloway - Chief Financial Officer                           020 7260 1266 

Brunswick:

   Nick Cosgrove                                                                         020 7404 5959 

Simone Selzer 020 7404 5959

Grant Thornton UK LLP (Nominated Adviser):

Philip Secrett 020 7728 2578

Jen Clarke 020 7865 2411

   Harrison J Clarke                                                                     020 7184 4384 

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END

DSHSESFEFFUSEIF

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January 21, 2019 08:02 ET (13:02 GMT)