Novae Group PLC Novae Group Plc: Purchase Of Shares By The Trustee Of The Employee Benefit Trust
05 January 2017 - 12:17AM
UK Regulatory
TIDMNVA
4 January 2017 For immediate release
Novae Group plc
LEI Code: 2138009C2W2RFXX3ZZ32
PURCHASE OF SHARES BY THE TRUSTEE OF THE EMPLOYEE BENEFIT TRUST (the
"EBT")
The Company received notification on 4 January 2017 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
100,000 GBP6.80 3 January 2017
Following these transactions, the trustee holds a total of 1,756,724
shares, representing 2.72% 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 Corporate Solutions on behalf
of Nasdaq 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
http://www.novae.com/home.aspx
(END) Dow Jones Newswires
January 04, 2017 08:17 ET (13:17 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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