REG - IQ-AI Limited - PDMR dealing and TR1 announcement

IQ-AIAnnouncement

14/10/2024 12:15

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RNS Number : 0916I  IQ-AI Limited  14 October 2024

PDMR dealing and TR1 announcement

 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                                                         Trevor Brown
 2   Reason for the notification
 a)  Position/status                                              CEO
 b)  Initial notification /Amendment                              Initial
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         IQ-AI Ltd
 b)  LEI                                                          213800SPW48XRJS2QH57
 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 £0.01 each

     Identification code

                                                                  ISIN:     JE00BD4H0R42
 b)  Nature of the transaction                                    Sale of shares
 c)  Price(s) and volume(s)                                       £0.011

                                                                  Volume: 45,761,083
 d)  Aggregated information

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      11 October 2024
 f)  Place of the transaction                                     Main Market

 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

JE00BD4H0R42

Issuer Name

IQ-AI LIMITED

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Trevor Edward Brown

City of registered office (if applicable)

Country of registered office (if applicable)

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the
notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

11-Oct-2024

6. Date on which Issuer notified

11-Oct-2024

7. Total positions of person(s) subject to the notification obligation

                                                                            % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer
 Resulting situation on the date on which threshold was crossed or reached  0.000000                                              0.000000                                                                   0.000000                        0
 Position of previous notification (if applicable)                          20.640000                                             0.000000                                                                   20.640000

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)
 JE00BD4H0R42                                 0                                        0                                            0.000000                            0.000000
 Sub Total 8.A                                0                                                                                     0.000000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is  % of voting rights
                                                                            exercised/converted

 Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights

 Sub Total 8.B2

9. Information in relation to the person subject to the notification
obligation

1. Person subject to the notification obligation is not controlled by any
natural person or legal entity and does not control any other undertaking(s)
holding directly or indirectly an interest in the (underlying) issuer.

 Ultimate controlling person  Name of controlled undertaking  % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                          than the notifiable threshold

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

On 11 October 2024, the percentage of voting rights held by Trevor Edward
Brown dropped to 0%.

The total votes rights figure used for the purposes of this notification was
221,709,789

12. Date of Completion

 11-Oct-2024

13. Place Of Completion

London United Kingdom
 

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