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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 335.00 | 330.00 | 340.00 | 335.50 | 335.00 | 335.00 | 292,019 | 08:00:27 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSOM
RNS Number : 8537C
Somero Enterprises Inc.
25 January 2018
Somero Enterprises, Inc.
("Somero" or the "Company")
Transaction in Restricted Stock Units (RSUs)
Somero announces that, on Tuesday, 23 January 2018, it approved the settlement, in cash, of Restricted Stock Units ("RSUs") for non-executive Directors Lawrence Horsch and Tom Anderson. This transaction resulted in 15,962 RSUs being settled for cash at a price per share of 355p under the terms of the Somero 2010 Equity Incentive Plan.
The price and exchange rates used for the cash settlement of the RSUs reflect the closing price and exchange rates on the 3-year vesting date of the RSUs.
After taking into account the above cash settlement of RSU units, there remain outstanding RSUs equal to 306,739 units.
The Company's total issued ordinary share capital is 56,425,598 shares. The Company holds 183,477 of its shares in Treasury and has 56,242,121 ordinary shares in issue excluding Treasury shares which was unchanged by the above transaction.
Enquiries: 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 Elisabeth Cowell +44 (0)20 7382 4730
This information is provided by RNS
The company news service from the London Stock Exchange
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(END) Dow Jones Newswires
January 25, 2018 02:00 ET (07:00 GMT)
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