REG - Bidstack Group PLC - Director/PDMR Shareholdings
RNS Number : 5217PBidstack Group PLC10 June 202010 June 2020
Bidstack Group PLC ("Bidstack or "the Company")
Director/PDMR Shareholding
Further to the Company's announcement on 5 June 2020 of the results of its Placing with institutional and other investors and the Subscription by certain directors and others announced on 4 June 2020 raising a combined total of £5.7 million (before expenses) at a price of 4 pence per share, the Company announces the following Director/PDMR Shareholding dealings in accordance with Article 19 of the Market Abuse Regulation:
1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Donald Stewart
2.
Reason for the notification
a)
Position/status
Non-Executive Chairman
b)
Initial notification/Amendment
Initial Notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Bidstack Group Plc
b)
LEI
213800Q47UWF61LMRR02
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
Ordinary Shares of 0.5 pence each
b)
Identification code
GB00BZ7M6059
c)
Nature of the transactions
Director participating in subscription
d)
Price(s) and volume(s)
Price: 4 pence per share
Volume: 625,000 shares
e)
Aggregated information
- Aggregated volume
- Price
As for d) above
f)
Date of the transactions
10 June 2020
f)
Place of the transactions
Off-market
1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
John McIntosh
2.
Reason for the notification
a)
Position/status
Finance Director
b)
Initial notification/Amendment
Initial Notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Bidstack Group Plc
b)
LEI
213800Q47UWF61LMRR02
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
Ordinary Shares of 0.5 pence each
b)
Identification code
GB00BZ7M6059
c)
Nature of the transactions
Director participating in subscription
d)
Price(s) and volume(s)
Price: 4 pence per share
Volume: 750,000 shares
e)
Aggregated information
- Aggregated volume
- Price
As for d) above
f)
Date of the transactions
10 June 2020
f)
Place of the transactions
Off-market
1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Michael Hayes
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
Bidstack Group Plc
b)
LEI
213800Q47UWF61LMRR02
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
Ordinary Shares of 0.5 pence each
b)
Identification code
GB00BZ7M6059
c)
Nature of the transactions
Director participating in subscription
d)
Price(s) and volume(s)
Price: 4 pence per share
Volume: 500,000 shares
e)
Aggregated information
- Aggregated volume
- Price
As for d) above
f)
Date of the transactions
10 June 2020
f)
Place of the transactions
Off-market
1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Derek Wise
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
Bidstack Group Plc
b)
LEI
213800Q47UWF61LMRR02
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
Ordinary Shares of 0.5 pence each
b)
Identification code
GB00BZ7M6059
c)
Nature of the transactions
Director participating in subscription
d)
Price(s) and volume(s)
Price: 4 pence per share
Volume: 250,000 shares
e)
Aggregated information
- Aggregated volume
- Price
As for d) above
f)
Date of the transactions
10 June 2020
f)
Place of the transactions
Off-market
1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Lewis Sherlock
2.
Reason for the notification
a)
Position/status
Vice President Sales
b)
Initial notification/Amendment
Initial Notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Bidstack Group Plc
b)
LEI
213800Q47UWF61LMRR02
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
Ordinary Shares of 0.5 pence each
b)
Identification code
GB00BZ7M6059
c)
Nature of the transactions
PDMR participating in subscription
d)
Price(s) and volume(s)
Price: 4 pence per share
Volume: 1,000,000 shares
e)
Aggregated information
- Aggregated volume
- Price
As for d) above
f)
Date of the transactions
10 June 2020
f)
Place of the transactions
Off-market
1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Lisa Hau
2.
Reason for the notification
a)
Position/status
Chief Strategy Officer
b)
Initial notification/Amendment
Initial Notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Bidstack Group Plc
b)
LEI
213800Q47UWF61LMRR02
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
Ordinary Shares of 0.5 pence each
b)
Identification code
GB00BZ7M6059
c)
Nature of the transactions
PDMR participating in subscription
d)
Price(s) and volume(s)
Price: 4 pence per share
Volume: 125,000 shares
e)
Aggregated information
- Aggregated volume
- Price
As for d) above
f)
Date of the transactions
10 June 2020
f)
Place of the transactions
Off-market
~ENDS~
Contacts
Bidstack Group PLC
James Draper, CEO
via Buchanan
SPARK Advisory Partners Limited (Nomad)
Mark Brady / Neil Baldwin / James Keeshan
+44 (0) 203 368 3550
Stifel Nicholas Europe Limited (Broker)
Fred Walsh
+44 (0) 20 7710 7600
Buchanan Communications Limited
Chris Lane / Stephanie Watson / Kim van Beeck
bidstack@buchanan.uk.com
+44 (0) 20 7466 5000
Notes to editors
Bidstack
Bidstack is an advertising technology company which provides dynamic, targeted and automated native in-game advertising for the global video games industry across multiple platforms. Its proprietary technology is capable of inserting adverts into natural advertising space within video games. Bidstack's customers are games publishers and developers (on the supply side), and advertising agencies, brands and programmatic advertising platforms (on the demand side).
Bidstack contracts exclusive access to the native in-game advertising spaces within video games from their developers or publishers and sells that advertising space either directly to specific brands and their agencies or through programmatic advertising platforms.
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