Exercise of Options, Director/PDMR Shareholding

Arcontech

07/09/2021 07:00

RNS Number : 9555K

Arcontech Group PLC

07 September 2021

 

 

ARCONTECH GROUP PLC

 

("Arcontech", the "Company" or the "Group")

 

Exercise of Options and PDMR Shareholding

 

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, announces the exercise of share options by employees of the Company over 25,000 new ordinary shares of 12.5 pence each in the capital of the Company ("Ordinary Shares") at an exercise price of 64.5 pence per share.

 

Of these, Louise Barton, Non-Executive Director, exercised 20,000 ordinary shares in Arcontech at the exercise price. Following this purchase, Louise Barton has a beneficial interest of 1,091,416 ordinary shares in the Company representing 8.2% of the issued share capital.

 

Application has been made to the London Stock Exchange for the 25,000 new Ordinary Shares to be admitted to trading on AIM and admission is expected to occur on or around 8.00am 10 September 2021. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue.

 

Total Voting Rights

 

For the purpose of the Disclosure Guidance and Transparency Rules, following the above issue of equity, the issued share capital of the Company will comprise 13,352,811 Ordinary Shares. The above figure 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 Disclosure Guidance and Transparency Rules.

 

Enquiries:

 

Arcontech Group plc
020 7256 2300
Geoff Wicks, Chairman and Non-Executive Director
Matthew Jeffs, Chief Executive
finnCap Ltd (Nomad & Broker)
020 7220 0500
Carl Holmes/Tim Harper
Harriet Ward - ECM


To access more information on the Group please visit: www.arcontech.com

 

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 

1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Louise Barton
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
Arcontech Group Plc
b)
LEI
213800O7PM9V79TP7523
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 £0.125
Identification code
ARC GB00BDBBJZ03
b)
Nature of the transaction
Exercise of Options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
64.5p
20,000
d)
Aggregated information:
·Aggregated volume
·Price
N/A - single transaction
e)
Date of the transaction(s)
6 September 2021
f)
Place of the transaction
London Stock Exchange (AIM)

 

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