REG - Bidstack Group PLC - Director/PDMR Shareholdings
RNS Number : 2669GBidstack Group PLC23 July 202123 July 2021
Bidstack Group PLC ("Bidstack or "the Company")
Director/PDMR Shareholdings
Further to the Company's announcement on 23 July 2021 of the Admission of the New Ordinary Shares arising from the Company's Placing with institutional and other investors and the Subscription by certain directors and others, announced on 2 July 2021 raising a combined total of £10.8 million (before expenses) at a price of 2 pence per share, as part of the Subscription Donald Stewart, Chairman of Bidstack, has subscribed for 1,500,000 New Ordinary Shares, John McIntosh, Director, has subscribed for 1,000,000 New Ordinary, Lisa Hau, Director, has subscribed for 1,000,000 New Ordinary Shares and Bryan Neider, non-Executive Director, has subscribed for 750,000 New Ordinary Shares.
Following Admission, the Directors' interests in Ordinary Shares are as follows:
Director
Total number of
Ordinary Shares
Proportion of the
Enlarged Share Capital (%)
Donald Stewart
3,524,876
0.38%
James Draper
39,760,562
4.27%
Francesco Petruzzelli
5,750,000
0.62%
John McIntosh
1,950,000
0.21%
Lisa Hau
1,125,000
0.12%
Glen Calvert
-
-
Bryan Neider
750,000
0.08%
Total:
52,860,438
5.68%
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: 2 pence per share
Volume: 1,500,000 shares
e)
Aggregated information
- Aggregated volume
- Price
As for d) above
f)
Date of the transactions
23 July 2021
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: 2 pence per share
Volume: 1,000,000 shares
e)
Aggregated information
- Aggregated volume
- Price
As for d) above
f)
Date of the transactions
23 July 2021
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 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
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: 2 pence per share
Volume: 1,000,000 shares
e)
Aggregated information
- Aggregated volume
- Price
As for d) above
f)
Date of the transactions
23 July 2021
f)
Place of the transactions
Off-market
1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Bryan Neider
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: 2 pence per share
Volume: 750,000 shares
e)
Aggregated information
- Aggregated volume
- Price
As for d) above
f)
Date of the transactions
23 July 2021
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
Cenkos Securities Plc (Joint Broker)
Michael Johnson / Dale Bellis (Sales)
Giles Balleny (Corporate Finance)
+44 (0) 20 7397 1933
+44 (0) 20 7397 1928
+44 (0) 20 7397 8951
Stifel Nicolaus Europe Limited (Joint Broker)
Fred Walsh / Luisa Orsini Baroni
+44 (0) 20 7710 7600
Buchanan Communications Limited
Chris Lane / Stephanie Watson / Kim van Beeck
+44 (0) 20 7466 5000
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