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Novae Group PLC (NVA)

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Thursday 29 March, 2012

Novae Group PLC

Novae Group plc : Director/PDMR Shareholding - ...

Novae Group plc : Director/PDMR Shareholding - Amendment

Novae Group plc
Director / PDMR shareholding - Amendment

Long Term Incentive Plan Awards

The announcement on 28 March 2012, under HUG1598066, of awards under the Long Term Incentive Plan of Novae Group plc on 28 March 2012 to the three executive directors, set out an incorrect number of Ordinary shares of £1.125 ("Share(s)") over which awards to those directors had been made. The correct number of Shares over which the three executive directors acquired a beneficial interest is as set out below. The market value of a Share for the purpose of the awards made on 28 March 2012 was £3.7375.

DirectorNumber of
Shares over
which  LTIP
award made on 28 March 2012
of issued
Share class
Total number of
Shares over which
outstanding  LTIP awards have been made
Percentage of issued Share class
JR Adams128,6000.20%347,2000.54%
ORP Corbett136,0000.21%361,0000.56%
MK Fosh168,1000.26%430,9000.67%

LTIP awards were made over a total of 920,000 further Shares to 36 other senior managers on the same date.

For further enquiries:
MJ Turvey              
Group Legal Counsel and Company Secretary

020 7903 7300

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

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(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Novae Group plc via Thomson Reuters ONE