REG - Accesso Technology - Director/PDMR Shareholding

accesso TechnologyAnnouncement

08/04/2019 07:05

RNS Number : 3603V
Accesso Technology Group PLC
08 April 2019
 


 
8 April 2019
 
 
 
accesso® Technology Group plc
 
("accesso" or the "Company")
 
PDMR Dealing Notification
 
accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment, hospitality, attractions and cultural markets, announces that on 4 April 2019, Mr John Alder, Chief Financial Officer at accesso, exercised 42,127 options over ordinary shares of 1p each ("Ordinary Shares") which were granted under the Company's 2014 long term incentive plan ("LTIP"), for a consideration of 1p per Ordinary Share and Mr Tom Burnet, Non-executive Director at accesso, exercised 47,805 options over Ordinary Shares, which were also granted under the Company's LTIP, for a consideration of 1p per Ordinary Share.
 
Following the above vesting of awards, Mr John Alder and Mr Tom Burnet each respectively sold 19,500 and 23,040 Ordinary Shares acquired through the LTIP to satisfy certain tax liabilities arising on vesting. These Ordinary Shares were sold on 5 April 2019 at an average price of 919.873p each.
 
The below table sets out the above transactions and resulting shareholdings in more detail.
 



Name


Number of LTIP options vested into Ordinary Shares


Number of Ordinary Shares sold


Average sale price of Ordinary Shares


Number of Ordinary Shares beneficially interested in post-sale


Approximate percentage of Ordinary Shares beneficially interested in

post-sale




John

Alder


42,127


19,500


919.873p


60,540


0.22%




Tom

Burnet


47,805


23,040


919.873p


248,923*


0.91%*



 
*Includes a beneficial interest in 200,000 Ordinary Shares held through the Lo-Q Employee Benefit Trust.
 
Following the above exercise of options over Ordinary Shares, the Company issued 89,932 Ordinary Shares via its existing blocklisting ("Admission"). Post Admission, the Company's issued share capital consisted of 27,417,063 Ordinary Shares with one voting right each. The Company does not hold any shares in Treasury.
 
This figure of 27,417,063 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
 
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them
 



1.   Details of the person discharging managerial responsibilities/person closely associated




(a)


Name


JOHN ALDER




2.         Reason for the notification




(a)


Position/status


CHIEF FINANCIAL OFFICER




(b)


Initial notification/Amendment


INITIAL NOTIFICATION




3.         Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




(a)


Name


ACCESSO TECHNOLOGY GROUP PLC




(b)


LEI


213800VY7MXUO7STIN73




4.         Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




(a)


Description of the financial instrument, type of instrument
Identification code
 


ORDINARY SHARES OF 1 PENCE EACH
  
ISIN: GB0001771426




(b)


Nature of the transaction


Vesting of 42,127 options over Ordinary Shares




(c)


Price(s) and volume(s)


Price(s)
1 pence


Volume(s) 
42,127




(d)


Aggregated information
-     Aggregated volume
-     Price


 
N/A - single transaction
 




(e)


Date and time of the transaction


4 April 2019




(f)


Place of the transaction


Outside a trading venue



 



1.   Details of the person discharging managerial responsibilities/person closely associated




(a)


Name


JOHN ALDER




2.         Reason for the notification




(a)


Position/status


CHIEF FINANCIAL OFFICER




(b)


Initial notification/Amendment


INITIAL NOTIFICATION




3.         Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




(a)


Name


ACCESSO TECHNOLOGY GROUP PLC




(b)


LEI


213800VY7MXUO7STIN73




4.         Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




(a)


Description of the financial instrument, type of instrument
Identification code
 


ORDINARY SHARES OF 1 PENCE EACH
  
ISIN: GB0001771426




(b)


Nature of the transaction


Sale of 19,500 Ordinary Shares




(c)


Price(s) and volume(s)


Price(s)
919.873p pence


Volume(s) 
19,500
 




(d)


Aggregated information
-     Aggregated volume
-     Price


 
N/A - single transaction
 




(e)


Date and time of the transaction


5 April 2019




(f)


Place of the transaction


AIM, London Stock Exchange



 
 



1.         Details of the person discharging managerial responsibilities/person closely associated




(a)


Name


TOM BURNET




2.        Reason for the notification




(a)


Position/status


NON-EXECUTIVE DIRECTOR




(b)


Initial notification/Amendment


INITIAL NOTIFICATION




3.         Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




(a)


Name


ACCESSO TECHNOLOGY GROUP PLC




(b)


LEI


213800VY7MXUO7STIN73




4.         Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




(a)


Description of the financial instrument, type of instrument
Identification code


ORDINARY SHARES OF 1 PENCE EACH
 
ISIN: GB0001771426
 




(b)


Nature of the transaction


Vesting of 47,805 options over Ordinary Shares




(c)


Price(s) and volume(s)


Price(s)
1 pence


Volume(s) 
47,805




(d)


Aggregated information
-     Aggregated volume
-     Price 


 
N/A - single transaction
 




(e)


Date and time of the transaction


4 April 2019




(f)


Place of the transaction


Outside a trading venue



 
 



1.         Details of the person discharging managerial responsibilities/person closely associated




(a)


Name


TOM BURNET




2.        Reason for the notification




(a)


Position/status


NON-EXECUTIVE DIRECTOR




(b)


Initial notification/Amendment


INITIAL NOTIFICATION




3.         Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




(a)


Name


ACCESSO TECHNOLOGY GROUP PLC




(b)


LEI


213800VY7MXUO7STIN73




4.         Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




(a)


Description of the financial instrument, type of instrument
Identification code


ORDINARY SHARES OF 1 PENCE EACH
 
ISIN: GB0001771426
 




(b)


Nature of the transaction


Sale of 23,040 Ordinary Shares




(c)


Price(s) and volume(s)


Price(s)
919.873p pence


Volume(s) 
23,040




(d)


Aggregated information
-     Aggregated volume
-     Price 


 
N/A - single transaction
 




(e)


Date and time of the transaction


5 April 2019




(f)


Place of the transaction


AIM, London Stock Exchange



 



For further information, please contact:
 
accesso Technology Group plc


 
 
+44 (0)118 934 7400




Paul Noland, Chief Executive Officer
John Alder, Chief Financial Officer
Bill Russell, Non-Executive Chairman
 




FTI Consulting, LLP


+44 (0)20 3727 1000




Matt Dixon, Adam Davidson
 




Canaccord Genuity Limited (Nominated Adviser and Joint Broker)


+44 (0)20 7523 8000




Simon Bridges, Richard Andrews
 




Numis Securities Limited (Joint Broker)


+44 (0)20 7260 1000




Simon Willis, Mark Lander
 



 




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