Friday, December 19, 2014

Noble Roman’s Announces Adoption of Rule 10b5-1 Stock Trading Plan


Dec 19, 2014 (ACCESSWIRE via COMTEX) Indianapolis, IN / ACCESSWIRE / December 19, 2014 / Noble Roman s, Inc. (OTCBB:NROM), the Indianapolis-based franchisor and licensor of Noble Roman s Pizza and Tuscano s Italian Style Subs, today announced that Paul W. Mobley, the company s Executive Chairman and Chief Financial Officer, has established a stock trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, to sell a limited number of his shares of the company s common stock as part of Mr. Mobley s personal asset diversification strategy. The plan provides for the sale of a maximum of 200,000 shares of common stock per each continuous three-month period at specified market prices commencing January 2, 2015 . The plan provides that Mr. Mobley may sell a maximum of 600,000 shares of common stock under the plan. Based on his current ownership, if all of the shares subject to the plan were sold, Mr. Mobley would then beneficially own approximately 2,966,
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