REG - Arcontech Group PLC - Issue of Equity & Director/PDMR Shareholding <Origin Href="QuoteRef">ARC.L</Origin>

ArcontechAnnouncement

12/10/2017 15:36

RNS Number : 4840T
Arcontech Group PLC
12 October 2017
ARCONTECH GROUP PLC
("Arcontech", the "Company" or the "Group")
Issue of Equity & 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 174,603 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 an exercise of options over Ordinary Shares at a price of 17.5p by Richard Last, Non-Executive Chairman of the Company and Michael Levy, Finance 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
Richard Last
1,596,421
95,238
1,691,659
13.2%
Michael Levy
50,295
79,365
129,660
1.0%
It is expected that Admission will become effective and trading will commence in the new Ordinary Shares at 8.00 a.m. on 18 October 2017. On Admission the Company's issued share capital will comprise 12,802,994 Ordinary Shares, of which none are held in treasury. Therefore the total number of Ordinary Shares in the Company with voting rights will be 12,802,994. 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


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. 
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Richard Last - Non-Executive Chairman
Michael Levy - Finance Director
2. 
Reason for the Notification
a)
Position/status
See 1(a) - PDMR's of the Company
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
GB0003353371
b)
Nature of the transaction
Exercise of Options over Ordinary Shares
c)
Price(s) and volume(s)
Richard Last
Price(s)
Volume(s)
17.5p
95,238
Michael Levy
Price(s)
Volume(s)
17.5p
79,365
d)
Aggregated information:
 Aggregated volume
 Price
See 4(c)
e)
Date of the transaction
18 October 2017
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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