REG - Altitude Group PLC - Exercise of Options

AltitudeAnnouncement

07/06/2018 07:05

RNS Number : 5655Q
Altitude Group PLC
07 June 2018
 


ALTITUDE GROUP PLC
 (the "Company" or "Altitude")
 
Exercise of Options
 
 
Altitude Group plc (AIM: ALT), the operator of a leading marketplace for personalised products, announces that the Company has been notified that Shaun Parker, Chief Operating Officer, has today exercised 416,665 options over ordinary shares of 0.4 pence each ("Ordinary Shares") in the Company at a price of 11.95 pence per ordinary share.
 
Application has been made for the 416,665 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 12 June 2018 ("Admission"). The new Ordinary Shares will rank pari passu with the existing Ordinary Shares of the Company. Following Admission, the Company's issued share capital will consist of 54,611,857 Ordinary Shares. Accordingly, the figure of 54,611,857 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.
 
Enquiries:
 




Altitude Group plc
Peter Hallett, Non - Executive Chairman
Nikki Stella, Chief Executive Officer
Graeme Couturier, Chief Financial Officer


 
07887 987469
+1 (215) 534 1350
07973 683234














finnCap ltd


 020 7220 0500




Jonny Franklin-Adams (Corporate Finance)








Scott Mathieson (Corporate Finance)








Richard Chambers (ECM)






















 
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
 
 
 




1.               


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Shaun Parker




2.               


Reason for the Notification




a)


Position/status


PDMR - Chief Operating Officer




b)


Initial notification/Amendment






Initial notification









3.    


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




a)


Name


Altitude Group plc




b)


LEI


213800VACSTYYSI39R89




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


 




Ordinary shares of 0.4p









Identification code


GB00B0LSFV82




b)


Nature of the transaction


Exercise of Options




c)


Price(s) and volume(s)






Price(s)


Volume(s)




11.95p


416,665









d)


Aggregated information:
·      Aggregated volume
·      Price


 
See above




e)


Date of the transaction


06 June 2018




f)


Place of the transaction


London Stock Exchange, AIM Market (XLON)




 
 
 




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END
 
 
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