Numis Securities Limited Legal & Regulatory Conditions governing this website. Certain pages are not directed at Retail Clients.
4:43 10 September 10 
About Us
Regulatory
- Client Agreement
- Conditions and disclaimers that govern the use of the entire website
- Conditions and disclaimers that govern Investment Research contained in the Investment Research pages of this website
- Conditions and disclaimers that govern Marketing Communications contained in the Investment Companies pages of this website
- The policy for dealing with any possible conflicts of interest in relation to Investment Research
- The policy for dealing with any possible conflicts of interest in relation to Marketing Communications
- A table setting out the tariff for recommendations used in Investment Research and, on an historic basis, in certain Marketing Communications
- A table showing the distribution of headline recommendations in respect of Investment Research published during the last quarter calculated in accordance with FSA Handbook COB 7.17.11(4)
- List of Group subsidiaries of Numis Corporation Plc
- Pillar 3 Disclosures 2009
Distribution of research recommendations in respect of Investment Research in the last Quarter
1 Apr 2010 to 30 Jun 2010
| All Securities (7.17.11(4)(a)) |
Corporate Clients (7.17.11(4)(b)) |
|
| Buy | 50.4% | 3.7% |
| Add | 20.6% | 3.4% |
| Hold | 24.1% | 1.6% |
| Reduce | 3.2% | 0.0% |
| Sell | 1.7% | 0.0% |
| Total | 100% |
US 
UK