REG - Cloudcoco Group PLC - Director/PDMR Shareholding

CloudcocoAnnouncement

06/09/2021 09:50

RNS Number : 8324K
  
Cloudcoco Group PLC
  
06 September 2021
  
 

6 September 2021
 
CloudCoCo Group plc
("CloudCoCo", the "Group" or the "Company")
 
Director/PDMR shareholding
 
CloudCoCo (AIM: CLCO), a UK provider of IT and communications solutions to businesses and public sector organisations, announces that with completion of the Placing announced on 17 August 2021, in accordance with the requirements of the UK Market Abuse Regulation, details of Simon and Lady Caroline Duckworth's participation in the Placing for 12,000,000 shares in aggregate are set out in the notification forms below. Simon Duckworth, Non-Executive Chairman of the Company, now has a total beneficial interest in the Company (including shares held by his wife) of 25,850,000 ordinary shares, which represents 3.66 per cent of the issued share capital. 
 
Notification and public disclosure of transaction by person discharging managerial responsibilities. 



1. 


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


 Simon Duckworth
 
 




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


CloudCoCo Group plc




b)


LEI


213800D4GJKAFHT5TB32




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 1 penny each 




Identification code


GB00B8GRBX01




b)


Nature of the transaction


Purchase




c)


Price(s) and volume(s)


Price: 1p
 
Volume: 8,000,000
 
 
 




d)


Aggregated information:
·Aggregated volume
·Price


N/A
 




e)


Date of the transaction


3 September 2021




f)


Place of the transaction


Outside a trading venue



 



1. 


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Lady Caroline Duckworth
 
 




2. 


Reason for the Notification




a)


Position/status


person closely associated to Simon Duckworth (a PDMR)




b)


Initial notification/Amendment


Initial notification




3. 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


CloudCoCo Group plc




b)


LEI


213800D4GJKAFHT5TB32




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 1 penny each 




Identification code


GB00B8GRBX01




b)


Nature of the transaction


Purchase




c)


Price(s) and volume(s)


Price: 1p
 
Volume: 4,000,000
 
 
 




d)


Aggregated information:
·Aggregated volume
·Price


N/A
 




e)


Date of the transaction


3 September 2021




f)


Place of the transaction


Outside a trading venue



 
Contacts:
 



CloudCoCo Group plc
Mark Halpin (CEO)
Darron Giddens (CFO)
 


 Via Alma PR




Allenby Capital Limited - (Nominated Adviser & Broker)
Jeremy Porter / James Reeve - Corporate Finance
Tony Quirke / Amrit Nahal - Sales & Corporate Broking
 


 Tel: +44 (0)20 3328 5656
 




Alma PR - (Financial PR)
David Ison
Josh Royston
Kieran Breheny


 Tel: +44 (0)20 3405 0205
cloudcoco@almapr.co.uk
 
 



 
 
About CloudCoCo Group plc
 
Supported by a team of industry experts and harnessing a diverse ecosystem of partnerships with blue-chip technology vendors, CloudCoCo makes it easy for businesses and public sector organisations to work smarter, faster and more securely by providing a single point of purchase for their connectivity, telephony, cyber security, cloud, IT hardware and support needs.
 
CloudCoCo has offices in Warrington and Leeds in the UK.
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
DSHVQLBBFKLZBBX