NOVAE GROUP PLC (“the Company”)
PURCHASE OF SHARES BY THE TRUSTEES OF THE EMPLOYEE SHARE OWNERSHIP TRUST (the
“EBT”)
The Company received notification on 18 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 shares|Average price paid per|Date of purchase|
|purchased |ordinary share | |
| | | |
+-------------------------------+-----------------------------+----------------+
|84,031 | £2.91 |17 December 2009|
+-------------------------------+-----------------------------+----------------+
Following this transaction, the trustees hold a total of 2,010,989 ordinary
shares of £1 each, representing 2.746% 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
[HUG#1365787]