REG - IQGeo Group PLC - Director/PDMR Shareholding

IQGeoAnnouncement

19/12/2023 07:00

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RNS Number : 2197X  IQGeo Group PLC  19 December 2023

19 December 2023

 

IQGEO Group plc

Directors' Dealings

IQGEO Group plc (LSE:IQG, "Company" or "IQGEO") received notification on 18
December 2023 from Kestrel Partners LLP ("Kestrel") that on the 15 December
2023 it purchased for, on behalf of its discretionary clients, an aggregate of
48,835 ordinary shares of 2p each ("Shares") in the Company at an average
price of £3.00 per share.

Mr Royde is a partner of, and holds a beneficial interest in, Kestrel. Mr.
Royde is also a shareholder in Kestrel Opportunities and is therefore deemed
to have a beneficial interest in Kestrel Opportunities' entire legal holding
in IQGEO.

Following this transaction, Kestrel Opportunities holds (and consequently Mr.
Royde is deemed to have a beneficial interest in) 11,726,984 Shares in the
Company, and other clients of Kestrel, in which Mr. Royde has no beneficial
interest hold 4,912,483 Shares in the Company.

On a combined basis, Kestrel indirectly holds voting rights over 16,639,467
Shares in the Company, which represents 26.98 per cent of the Company's issued
share capital.

Kestrel's interest in the Shares in the Company is held through the following
nominees:

 

 Holding type  Nominee                        No. of shares  % of issued share capital
 Indirect      Bank of New York Nominees Ltd  11,726,984     19.01%
 Indirect      JIM Nominees Limited           355,203        0.58%
 Indirect      Bank of New York Nominees Ltd  4,069,727      6.60%

 Indirect      Northern Trust Company AVFC    487,553        0.79%

 

For further information contact:

 IQGEO Group plc                         +44 1223 606655
 Richard Petti
 Haywood Chapman

 Cavendish Securities plc                +44 207 220 0500
 Henrik Persson, Seamus Fricker (Corporate Finance)
 Tim Redfern, Charlotte Sutcliffe (ECM)

 

 

ANNEX

 

Template for 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                                                         Kestrel Partners LLP

 2    Reason for the notification

 a)   Position/status                                              PCA - Max Royde (non-executive director IQGeo Group plc)

 b)   Initial notification /Amendment                              Initial

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         IQGEO Group plc

 b)   LEI                                                          213800P2PCLCEFANB194

 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  2p Ordinary Shares

      Identification code

                                                                   ISIN: GB00B3NCXX73

 b)   Nature of the transaction                                    Purchase

 c)   Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            £3.00     48,835 shares

 

 d)   Aggregated information                                       Total  48,835 shares @ GBP 3.00

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      15 December 2023

 f)   Place of the transaction                                     London Stock Exchange (XLON)

 

 

 

d)

 

Aggregated information

- Aggregated volume

- Price

Total  48,835 shares @ GBP 3.00

e)

 

Date of the transaction

 

15 December 2023

f)

Place of the transaction

London Stock Exchange (XLON)

 

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