REG - Corero Network Sec. - Director/PDMR Shareholding

Corero Network SecurityAnnouncement

13/12/2019 09:55

RNS Number : 8113W
Corero Network Security PLC
13 December 2019
 


13 December 2019
 
Corero Network Security plc
("Corero," the "Company" or the 'Group')
 
Director/PDMR Shareholding
 
Further to the announcements made on 25 November 2019, the Result of General Meeting announcement released on 12 December 2019 and Admission of the New Ordinary Shares to AIM becoming effective this morning, the Company makes the following disclosures in respect of the participation in the Subscription by certain of the Directors of the Company.
 
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
 



Director


Number of Ordinary Shares held on 22 November 2019
 


Number of New Ordinary Shares  subscribed for in the Subscription


Resulting number of Ordinary Shares held immediately following Admission


Resulting holding as a percentage of the Enlarged Share Capital




Jens Montanana


154,382,609


32,917,797 (1)


187,300,406 (2)


37.85%




Richard Last


2,000,000


500,000


2,500,000


0.51%



 
(1) 10,000,000 New Ordinary Shares subscribed for by Jens Montanana in his personal capacity and 22,917,797 New Ordinary Shares were subscribed for by The New Millennium Technology Trust of which Jens Montanana is a beneficiary.
 
(2) 33,674,846 Ordinary Shares are held in the name of JPM International Limited, which is wholly owned by Jens Montanana, 125,871,751 Ordinary Shares are held in the name of The New Millennium Technology Trust of which Jens Montanana is a beneficiary and 27,753,809 are held on his own account.
 
Defined terms used in this announcement not otherwise defined shall have the same meanings as those terms defined and used in the Circular dated 25 November 2019.
 
 
Enquiries:
 



Corero Network Security plc








Andrew Miller, CFO


Tel: 01895 876 382














Cenkos Securities plc


Tel: 020 7397 8900




Ben Jeynes/Mark Connelly - NOMAD
Michael Johnson - Sales


















Vigo Communications


Tel: 020 7390 0230




Jeremy Garcia / Ben Simons / Antonia Pollock
corero@vigocomms.com







 
NOTIFICATIONS 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
 
 


1.    Jens Montanana
2.    The New Millennium Technology Trust




2
 


Reason for the notification
 




a)
 


Position/status
 
 


1.    Chairman
2.    Person closely associated with Jens Montanana




b)
 


Initial notification /Amendment
 
 


Initial notification




3
 


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




a)
 


Name
 
 


Corero Network Security plc




b)
 


LEI
 
 


2138001EVYT2OI1C4Y98




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 pence each














Identification code


GB00B54X0432














b)
 


Nature of the transaction
 
 


Subscription for new ordinary shares




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















1.    3.50p
2.    3.50p


1.    10,000,000
2.    22,917,797






























d)
 


Aggregated information


n/a - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


13 December 2019




f)
 


Place of the transaction
 
 


Outside a trading venue




1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


Richard Last




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
 
 


Corero Network Security plc




b)
 


LEI
 
 


2138001EVYT2OI1C4Y98




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 pence each














Identification code


GB00B54X0432














b)
 


Nature of the transaction
 
 


Subscription for new ordinary shares




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















3.50p


500,000






























d)
 


Aggregated information


n/a - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


13 December 2019




f)
 


Place of the transaction
 
 


Outside a trading venue



 




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