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RNS Number : 3523A IQGeo Group PLC 19 January 2024
IQGeo Group plc
(the "Company" or the "Group")
Director Dealing
IQGeo Group plc (AIM: IQG), a leading developer of geospatial productivity and
collaboration software for telecoms and utility network operators, announces
that Robert Sansom, Non-Executive Director of the Company, has sold 1,065,000
ordinary shares of 2 pence in the Company ("Ordinary Shares") at a price of
303 pence per Ordinary Share in order to expand the Company's share register
with the introduction of a major institutional investor.
Mr Sansom retains a beneficial interest in 3,355,729 Ordinary Shares,
representing 5.44 per cent. of the total issued share capital of the Company,
following this transaction.
For further information contact:
IQGeo Group
plc
+44 1223 606655
Richard Petti
Haywood Chapman
Cavendish Capital Markets Limited
+44 20 7220 0500
Henrik Persson, Seamus Fricker (Corporate Finance)
Tim Redfern (ECM)
Notes to editors
Telecommunications and utility operators are "Building better networks" with
IQGeo's award-winning software solutions. The ability to powerfully model any
network requirement, integrate every system and data source, and support field
and office teams with continual innovation is helping operators create the
networks of the future. Our solutions ensure greater cross-team collaboration
and process efficiency throughout the network lifecycle, from planning and
design to construction, operations, and sales.
Whether it's highly competitive fiber and 5G broadband rollouts or complex
utility grid modernization projects, IQGeo's enterprise solutions, our
OSPInsight fiber design software, and our Comsof automated planning software
are proven industry leaders. We partner with large multinationals and smaller
regional operators to deliver the digital innovation they need to increase
network resilience, operational safety, and business ROI.
Headquartered in Cambridge, with offices in Denver, Ghent, Toronto, Frankfurt
and Tokyo, we work with some of the largest network infrastructure operators
in the world. For more information visit: www.iqgeo.com/
IQGeo trades on AIM with the ticker IQG.
For additional information please visit www.iqgeo.com
The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulations (EU No.
596/2014) which is part of UK law by virtue of the European Union (Withdrawal)
Act 2018. Upon the publication of this announcement, this inside information
is now considered to be in the public domain.
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them are set
out below pursuant to the EU Market Abuse regulation.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Robert Sansom
2 Reason for the notification
a) Position/status Non-Executive Director
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 Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
303 pence 1,065,000
d) Aggregated information As above
- Aggregated volume
- Price
e) Date of the transaction 19 January 2024
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
19 January 2024
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)
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