REG - Cloudcoco Group PLC - Director/PDMR Shareholding

CloudcocoAnnouncement

19/10/2022 11:30

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RNS Number : 4285D  Cloudcoco Group PLC  19 October 2022

19 October 2022

 

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 it received
notification yesterday that Non-Executive Chairman, Simon Duckworth has
purchased 1,100,000 Ordinary Shares of 1 pence in the Company ("Ordinary
Shares") at 0.89 pence per share.

Simon Duckworth now has a total beneficial interest in the Company (including
shares held by his wife) of 26,950,000 ordinary shares, which represents 3.82
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: 0.89 pence per share

                                                                    Volume: 1,100,000

 d)    Aggregated information:                                      Volume: 1,100,000

       ·Aggregated volume
Price: £9,790

       ·Price
 e)    Date of the transaction                                      18 October 2022
 f)    Place of the transaction                                     London Stock Exchange (XLON)

 

 

Contacts:

 

 CloudCoCo Group plc                                          Via Alma PR

 Mark Halpin (CEO)

 Darron Giddens (CFO)

 Allenby Capital Limited - (Nominated Adviser & Broker)       Tel: +44 (0)20 3328 5656

 Jeremy Porter / James Reeve - Corporate Finance

 Tony Quirke / Amrit Nahal - Sales & Corporate Broking

 Alma PR - (Financial PR)                                     Tel: +44 (0)20 3405 0205

 David Ison                                                  cloudcoco@almapr.co.uk

 Josh Royston

 Kieran Breheny

 

 

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
private 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, Leeds, Bournemouth and Sheffield in the
UK

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