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RNS Number : 5414D Journeo PLC 15 October 2025
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the UK version of the EU
Market Abuse Regulation (2014/596) which is part of UK law by virtue of the
European Union (Withdrawal) Act 2018, as amended and supplemented from time to
time.
15 October 2025
Journeo plc
("Journeo, the "Company" or the "Group")
Exercise of Options, Issue of Equity & PDMR Dealings
Journeo plc (AIM: JNEO), a leading provider of information systems and
technical services to transport operators and local authorities announces the
issuance of a total of 398,999 new ordinary shares of 6.5p each ("Ordinary
Shares") pursuant to the exercise of options by certain employees and PDMRs,
as well as other PDMR dealings.
Pursuant to the Company's EMI scheme, options have been exercised over a total
of 398,999 new Ordinary Shares by certain employees and a PDMR, Nick Lowe, at
varying exercise prices of 105p and 50p per share. Nick Lowe, Chief Financial
Officer, has undertaken a partial exercise of 100,000 of his total EMI options
held and subsequently sold 100,000 Ordinary Shares at 450p per share.
Following these transactions, Nick retains his current shareholding of 53,500
Ordinary Shares, 30,000 EMI options, as well as outstanding options over an
additional 45,000 Ordinary Shares.
Furthermore, Russ Singleton, Chief Executive Officer, has sold 217,742
Ordinary Shares at a price of 450p per share. Following these transactions,
Russ holds 404,830 Ordinary Shares, and total options over 70,000 Ordinary
Shares.
Application has been made for 398,999 new Ordinary Shares to be admitted to
trading on AIM ("Admission") and it is expected that Admission will occur on
22 October 2025. Following Admission, the Company will have 17,624,793
Ordinary Shares in issue. The Company holds no shares in treasury.
Accordingly, the total number of voting rights in the Company following
Admission will be 17,624,793. This figure should be used by Shareholders as
the denominator for calculations by which they can determine if they are
required to notify their interest in, or a change to their interest in,
Ordinary Shares under the FCA's Disclosure Guidance and Transparency Rules.
Further details are set out below in accordance with the UK Market Abuse
Regulation.
A digital copy of this announcement is available on the Group's website:
www.journeo.com (http://www.journeo.com)
For further information, please contact:
Journeo plc +44 (0) 203 651 9166
Russ Singleton/ Nick Lowe
Cavendish Capital Markets - Nominated Adviser and Broker +44 (0) 207 220 0500
Katy Birkin/ Callum Davidson
Notes to editors:
Journeo plc is a leading Intelligent Systems provider, delivering sustainable
solutions in towns, cities, airports, and the public transport networks that
connect them while safeguarding critical infrastructure and high-security
environments with advanced access control, intrusion detection, and
surveillance technologies.
The Group has six operating companies:
· Journeo Fleet Systems: CCTV video surveillance to improve passenger
& driver safety, telematics for vehicle and driver performance monitoring,
real-time communications for remote condition monitoring and automatic
passenger counting.
· Journeo Passenger Systems: design, manufacture, installation, and
management of hardware and software for electronic public transport
information systems, in and around towns, cities, ferry terminals and airports
which includes smart-ticketing and wayfinding.
· Infotec: design, advanced manufacture, installation and software
management of information displays hardware for rail applications in stations,
on-platform and on-vehicle.
· Crime and Fire Defence Systems: specialise in protection of Critical
National Infrastructure sites including utilities, defence and high security
industrial and commercial applications.
· Journeo A/S (based in Aarhus, Denmark): full-service provider of
Intelligent Transport Systems ("ITS") with customers in Denmark, Sweden and
Iceland.
· Journeo AB (based in Stockholm, Sweden): technical services provider
to public transport customers in Sweden.
In the last 4 years, the Company has invested over £6 million in research and
development, enabling it to design and supply powerful innovative solutions
for customers' complex requirements and the demands of modern public transport
networks and infrastructure. With an open standards approach, together with
field-proven and reliable engineering, Journeo is able to offer flexible,
scalable products and services that can integrate with existing technology
while preparing for future advancements.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Russ Singleton
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 Journeo plc
b) LEI 213800TKF7L4IEV9W867
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 6.5 pence each
Identification code GB00BKP51V79
b) Nature of the transaction Sale of shares
c) Price(s) and volumes(s) Price(s) Volume(s)
450p per share 217,742
d) Aggregated information
Aggregated volume N/A single transaction
Price N/A single transaction
e) Date of the transaction 15 October 2025
f) Place of the transaction AIMX
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Nick Lowe
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Journeo plc
b) LEI 213800TKF7L4IEV9W867
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 6.5 pence each
Identification code GB00BKP51V79
b) Nature of the transaction Exercise of EMI options
c) Price(s) and volumes(s) Price(s) Volume(s)
Exercise price of 50p per share 100,000
d) Aggregated information
Aggregated volume N/A single transaction
Price N/A single transaction
e) Date of the transaction 15 October 2025
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Nick Lowe
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Journeo plc
b) LEI 213800TKF7L4IEV9W867
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 6.5 pence each
Identification code GB00BKP51V79
b) Nature of the transaction Sale of shares
c) Price(s) and volumes(s) Price(s) Volume(s)
450p 100,000
d) Aggregated information
Aggregated volume N/A single transaction
Price N/A single transaction
e) Date of the transaction 15 October 2025
f) Place of the transaction AIMX
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