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RNS Number : 0656Y IQGeo Group PLC 28 December 2023
28 December 2023
IQGEO Group plc
Directors' Dealings
IQGEO Group plc (LSE:IQG, "Company" or "IQGEO") received notification on 28
December 2023 from Kestrel Partners LLP ("Kestrel") that on the 22 December
2023 it purchased for, on behalf of its discretionary clients, an aggregate of
9,855 ordinary shares of 2p each ("Shares") in the Company at an average price
of £3.07 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 4,922,338 Shares in the Company.
On a combined basis, Kestrel indirectly holds voting rights over 16,649,322
Shares in the Company, which represents 26.99 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 0.57%
Indirect Bank of New York Nominees Ltd 4,069,727 6.60%
Indirect Northern Trust Company AVFC 497,408 0.81%
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)
£3.0612 9,855 shares
d) Aggregated information Total 9,855 shares @ GBP 3.0612
- Aggregated volume
- Price
e) Date of the transaction 22 December 2023
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Total 9,855 shares @ GBP 3.0612
e)
Date of the transaction
22 December 2023
f)
Place of the transaction
London Stock Exchange (XLON)
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