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RNS Number : 9847C Checkit PLC 14 February 2020
Checkit plc
("Checkit" or the "Company")
PDMR Dealing and Concert Party Holdings
Checkit plc (AIM:CKT) the global technology group, announces that Keith Daley,
Executive Chairman, has purchased 2,000,000 ordinary shares of 5 pence each
("Ordinary Shares") at an average price of 32 pence per Ordinary Share (the
"Purchase").
Following the Purchase, Mr Daley's total beneficial interest in the Company is
10,528,339 Ordinary Shares representing 16.97% of the Company's total issued
share capital as at today's date.
Concert party holdings
The Company has previously notified its shareholders of the existence of a
concert party comprising Keith Daley, John Wilson and the Elektron 2012
Employee Benefit Trust (the "EBT"). The Company announces that following
consultation with the Panel on Takeovers and Mergers (the "Panel"), the Panel
has agreed that the EBT is no longer considered to be a member of the concert
party.
Following the Purchase, the Concert Party will have control of voting rights
over 11,216,869 Ordinary Shares, representing approximately 18.08% of the
Company's issued share capital.
-END-
Checkit plc +44 (0) 1223 371 000
www.checkit.net
Keith Daley (Executive Chairman)
Andrew Weatherstone (Chief Financial Officer and Company Secretary)
Yellowstone Advisory (Investor Relations) +44 (0) 7710 164 120
Alex Schlich
N+1 Singer (Nominated Adviser & Broker) +44 (0) 20 7496 3000
Shaun Dobson / George Tzimas (Corporate Finance)
Rachel Hayes (Corporate Broking)
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 Keith Daley
2 Reason for the notification
a) Position/status 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 Checkit plc
b) LEI 213800556WJOWQNT2R68
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 5 pence each
Identification code
GB00B0C5RG72
b) Nature of the transaction Purchase of shares
c) Price(s) and volume(s)
Price(s) Volume(s)
32.0 pence 2,000,000
d) Aggregated information N/A single transaction
- Aggregated volume
- Price
e) Date of the transaction 13 February 2020
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
N/A single transaction
e)
Date of the transaction
13 February 2020
f)
Place of the transaction
London Stock Exchange
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