NOVAE GROUP PLC ("the Company")
PURCHASE OF SHARES BY THE TRUSTEES OF THE EMPLOYEE SHARE OWNERSHIP
TRUST (the "EBT")
The Company received notification on 10 December 2009 that the
trustees of the EBT have acquired ordinary shares of £1 each in the
capital of the Company ("ordinary shares") as detailed below:
+-------------------------------------------------------------------+
| Number of ordinary | Average price paid per | Date of purchase |
| shares purchased | ordinary share | |
| | | |
|--------------------+---------------------------+------------------|
| 250,000 | £2.957 | 9 December 2009 |
+-------------------------------------------------------------------+
Following this transaction, the trustees hold a total of 1,760,989
ordinary shares of £1 each, representing 2.405% of the Company's
issued ordinary shares. The executive directors of the Company have
an interest in the ordinary shares held by the EBT as potential
beneficiaries of the EBT in respect of their participation in Novae
Group plc's Long Term Incentive Plans and Deferred Bonus Schemes.
This notification is made in accordance with Rule 3.1.4R (1) (a) of
the Disclosure and Transparency Rules.
For further enquiries:
MJ Turvey
Group Legal Counsel and Company Secretary
020 7903 7300
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