REG - Arcontech Group PLC - Issue of Equity and Director / PDMR Shareholding

ArcontechAnnouncement

20/04/2018 08:30

RNS Number : 5794L
Arcontech Group PLC
20 April 2018
 

ARCONTECH GROUP PLC
 
("Arcontech", the "Company" or the "Group")
 
Issue of Equity and Director / PDMR Shareholding
 
 
Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, announces that it has applied to the London Stock Exchange for 407,516 ordinary shares of £0.125 each in the Company ("Ordinary Shares") to be admitted to trading on AIM ("Admission"). The new Ordinary Shares are being issued subsequent to exercises of options over Ordinary Shares by Matthew Jeffs (Chief Executive of the Company) and Louise Barton (Non-Executive Director of the Company).
 



Director


Ordinary Shares held prior to exercise


Options over Ordinary Shares exercised


Ordinary Shares held on Admission


Percentage of issued share capital held on Admission




Matthew Jeffs


522,484


367,516


890,000


6.7%




Louise Barton


1,031,416


40,000


1,071,416


8.1%



 
It is expected that Admission will become effective and trading will commence in the new Ordinary Shares at 8.00 a.m. on 26 April 2018. On Admission the Company's issued share capital will comprise 13,210,510 Ordinary Shares, of which none are held in treasury. Therefore the total number of Ordinary Shares in the Company with voting rights will be 13,210,510. This figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
 
 
Enquiries:
 



Arcontech Group plc


020 7256 2300




Richard Last, Chairman and Non-Executive Director








Matthew Jeffs, Chief Executive


















finnCap Ltd (Nomad & Broker)


020 7220 0500




Carl Holmes/Simon Hicks

















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



1.               


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Matthew Jeffs (Chief Executive / PDMR)
Louise Barton (Non-Executive Director / PDMR)




2.               


Reason for the Notification




a)


Position/status


See 1 (a) above




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 over Ordinary Shares




c)


Price(s) and volume(s)


Matthew Jeffs



Price(s)


Volume(s)




12.50p


127,516




23.75p


240,000



 
Louise Barton



Price(s)


Volume(s)




23.75p


40,000








d)


Aggregated information:
·      Aggregated volume
·      Price


See 4 (c) above




e)


Date of the transaction


19 April 2018




f)


Place of the transaction


London Stock Exchange, AIM Market (XLON)



 



This information is provided by RNS
The company news service from the London Stock Exchange
 
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