REG - Learning Technol.Grp - Exercise of options, PDMR & issue of new shares

Learning TechnologiesAnnouncement

06/12/2021 11:15

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RNS Number : 6794U  Learning Technologies Group PLC  06 December 2021

06 December 2021

 

Learning Technologies Group plc

("LTG", the "Group")

(AIM: LTG)

 

Exercise of options, PDMR dealing and issue of new ordinary shares

 

 

Learning Technologies Group plc, provider of services and technologies for
digital learning and talent management, announces that on 1 December 2021, two
employees exercised options over and purchased 505,000 ordinary shares in the
Company. A further 1,055 shares were exercised by an early leaver of the 2020
LTG Sharesave scheme.

 

Of the 505,000 shares options exercised, Tim Martin, Chief Innovation and
Product Officer and a PDMR, purchased 375,000 shares. Following this purchase
Tim Martin holds 375,000 LTG shares directly and 1,923,068 through a grantor
trust; representing in total 0.292% of the issued share capital of the
Company.

 

Pursuant to the exercise of the above share options the Company confirms that
application has been made to the London Stock Exchange for the admission of
506,055 new ordinary shares to trading on AIM. Admission is expected to take
place at 8.00am on 7 December 2021.

 

Following the anticipated admission of these shares, the total number of
ordinary shares of 0.375p each in the capital of the Company in issue will be
787,536,403 with each share carrying the right to one vote.

 

LTG holds 404,340 shares in treasury. The figure of 787,132,063 may be used by
shareholders in the Company as the denominator for the calculations by which
they will determine if they are required to notify their interest in, or a
change to their interest in, the share capital of the Company under the
Disclosure and Transparency Rules.

 

 

 

 

 Enquiries:

 

 Learning Technologies Group plc                        +44 (0)20 7402 1554

 Jonathan Satchell, Chief Executive

 Kath Kearney-Croft, Chief Financial Officer

 Numis Securities Limited (NOMAD and Corporate Broker)  +44 (0)20 7260 1000

 Stuart Skinner, Nick Westlake, Ben Stoop

 Goldman Sachs International (Joint Corporate Broker)   +44 (0)20 7774 1000

 Bertie Whitehead, Adam Laikin

 FTI Consulting (Public Relations Adviser)              +44 (0)20 3727 1000

 Rob Mindell / Jamie Ricketts / Jamille Smith

 

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