REG - Gfinity PLC - Director/PDMR Shareholdings

GfinityAnnouncement

31/03/2022 13:00

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RNS Number : 7976G  Gfinity PLC  31 March 2022

 

 

   31 March 2022

 

 

Gfinity PLC

 ("Gfinity", the "Company" or the "Group")

 

Director/PDMR Shareholdings

 

Gfinity plc (AIM: GFIN), a world leading esports solutions provider, confirms
that as part of the Fundraising to raise £2.70 million announced on 14 March
2022, the following Directors have subscribed for a total of 7,600,000 New
Ordinary Shares of 0.1p each in the Company at the Placing Price of 1.25
pence, as detailed below:

 

 Director       Role                                 No. of New Ordinary Shares held prior to the Fundraise        No. of New Ordinary Shares subscribed for  No. of Ordinary Shares held on Admission

 John Clarke    Chief Executive Officer                           1,847,222                                                     2,000,000                                  3,847,222
 Jonathan Hall  Chief Finance and Operating Officer               1,472,222                                                     2,000,000                                  3,472,222
 Len Rinaldi    Non-Executive Director                                           -                                              2,000,000                                  2,000,000
 Hugo Drayton   Non-Executive Director                                           -                                              1,600,000                                  1,600,000

 

The Director participation is in line with that announced in the Fundraising
announcement of 14 March 2022 and follows the release of the Company's interim
results for the six months ended 31 December 2021 and the cessation of the
applicable close period for Director dealings.

 

The issue of the subscription shares is conditional upon shareholder approval
at the Company's General Meeting on 01 April 2022.  The Company provides
further PDMR disclosure forms below, that are also being submitted online to
the FCA, in relation to the Subscription Shares.

 

Terms and definitions used in this announcement shall have the same meaning as
ascribed to them in the Fundraising Announcement released at 5:04 p.m. on 14
March 2022, unless the context requires otherwise.

 

For further information, please contact:

 Gfinity plc                                                                  www.gfinityplc.com (http://www.gfinityplc.com/)

  John Clarke, CEO                                                            Via Teneo

 Teneo  (Media)                                                               Tel: +44 7880 715975

 Anthony Di Natale                                                            Gfinity@teneo.com

 Canaccord Genuity Limited (Nominated Adviser, Sole Bookrunner & Sole         Tel: +44 (0)207 523 8150
 Broker)

 Bobbie Hilliam / Patrick Dolaghan

 

 

The information below set out in accordance with the requirement of the EU
Market Abuse Regulation provides further detail.

 

 1   Details of the person discharging managerial responsibilities
 a)  Name                                             John Clarke
 2   Reason for the notification
 a)  Position/status                                  Chief Executive Officer
 b)  Initial notification/ Amendment                  Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                             Gfinity plc
 b)  LEI                                              213800GNV14EDQNRWI17
 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 0.1 pence each
 b)  Identification code of the Financial Instrument  GB00BT9QD572
 c)  Nature of the transaction                        Subscription for shares

                                                      For every New Ordinary Share subscribed for as part of the Fundraising, John
                                                      Clarke has been issued with one warrant to subscribe for one Ordinary Share at
                                                      the Issue Price.
 d)  Price(s) and volume(s)

Price(s)    Volume(s)
                                                      GBP 0.0125  2,000,000

 

 e)  Aggregated information:  volume, Price           Aggregated Volume: 2,000,000

                                                      Aggregated Price: GBP 25,000
 f)  Date of the transaction                          30 March 2022
 g)  Place of the transaction                         Off Market

 

 

e)

Aggregated information:  volume, Price

Aggregated Volume: 2,000,000

Aggregated Price: GBP 25,000

f)

Date of the transaction

30 March 2022

g)

Place of the transaction

Off Market

 

 1   Details of the person discharging managerial responsibilities
 a)  Name                                             Jonathan Hall
 2   Reason for the notification
 a)  Position/status                                  Chief Finance and 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                                             Gfinity plc
 b)  LEI                                              213800GNV14EDQNRWI17
 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 0.1 pence each
 b)  Identification code of the Financial Instrument  GB00BT9QD572
 c)  Nature of the transaction                        Subscription for shares

                                                      For every New Ordinary Share subscribed for as part of the Fundraising,
                                                      Jonathan Hall has been issued with one warrant to subscribe for one Ordinary
                                                      Share at the Issue Price.
 d)  Price(s) and volume(s)

Price(s)    Volume(s)
                                                      GBP 0.0125  2,000,000

 

 e)  Aggregated information:  volume, Price           Aggregated Volume: 2,000,000

                                                      Aggregated Price: GBP 25,000
 f)  Date of the transaction                          30 March 2022
 g)  Place of the transaction                         Off Market

 

 

e)

Aggregated information:  volume, Price

Aggregated Volume: 2,000,000

Aggregated Price: GBP 25,000

f)

Date of the transaction

30 March 2022

g)

Place of the transaction

Off Market

 

 

 1   Details of the person discharging managerial responsibilities
 a)  Name                                             Len Rinaldi
 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                                             Gfinity plc
 b)  LEI                                              213800GNV14EDQNRWI17
 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 0.1 pence each
 b)  Identification code of the Financial Instrument  GB00BT9QD572
 c)  Nature of the transaction                        Subscription for shares

                                                      For every New Ordinary Share subscribed for as part of the Fundraising, Len
                                                      Rinaldi has been issued with one warrant to subscribe for one Ordinary Share
                                                      at the Issue Price.
 d)  Price(s) and volume(s)

Price(s)    Volume(s)
                                                      GBP 0.0125  2,000,000

 

 e)  Aggregated information:  volume, Price           Aggregated Volume: 2,000,000

                                                      Aggregated Price: GBP 25,000
 f)  Date of the transaction                          30 March 2022
 g)  Place of the transaction                         Off Market

 

 

e)

Aggregated information:  volume, Price

Aggregated Volume: 2,000,000

Aggregated Price: GBP 25,000

f)

Date of the transaction

30 March 2022

g)

Place of the transaction

Off Market

 

 

 1   Details of the person discharging managerial responsibilities
 a)  Name                                             Hugo Drayton
 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                                             Gfinity plc
 b)  LEI                                              213800GNV14EDQNRWI17
 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 0.1 pence each
 b)  Identification code of the Financial Instrument  GB00BT9QD572
 c)  Nature of the transaction                        Subscription for shares

                                                      For every New Ordinary Share subscribed for as part of the Fundraising, Hugo
                                                      Drayton has been issued with one warrant to subscribe for one Ordinary Share
                                                      at the Issue Price.
 d)  Price(s) and volume(s)

Price(s)    Volume(s)
                                                      GBP 0.0125  1,600,000

 

 e)  Aggregated information:  volume, Price           Aggregated Volume: 1,600,000

                                                      Aggregated Price: GBP 20,000
 f)  Date of the transaction                          30 March 2022
 g)  Place of the transaction                         Off Market

 

 

e)

Aggregated information:  volume, Price

Aggregated Volume: 1,600,000

Aggregated Price: GBP 20,000

f)

Date of the transaction

30 March 2022

g)

Place of the transaction

Off Market

 

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