REG - LoopUp Group PLC - PDMR Dealings and Total Voting Rights
19/11/2021 11:25
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20211119:nRSS9925Sa&default-theme=true
RNS Number : 9925S LoopUp Group PLC 19 November 2021
19 November 2021
LoopUp Group plc
("LoopUp" or the "Group")
PDMR Dealings and Total Voting Rights
LoopUp Group plc (AIM: LOOP), the cloud platform for premium specialist
communications, announces that a total of 785,882 New Ordinary Shares have
been allotted to participants pursuant to the Employee Stock Purchase Plan
(the "ESPP"), whereby employees may elect to sacrifice up to 25 percent of
their salary in return for the allotment of New Ordinary Shares.
PDMR Dealings
Certain PDMRs have participated in the ESPP, and as a result of such
participation, have elected to sell sufficient number of New Ordinary Shares
to cover their respective tax liability. The following PDMR dealings in
relation to the New Ordinary Shares have taken place:
Name Title Shares
New Ordinary Shares initially allotted (ESPP) New Ordinary Shares sold (to cover ESPP tax) New Ordinary Shares held (after ESPP tax) Total number of shares held Total shares as a % of issued share capital
(all holdings)
Steve Flavell co-CEO 65,296 30,921 34,375 2,660,250 2.74%
Michael Hughes co-CEO 58,028 17,744 40,284 2,657,183 2.74%
Marcus Greensit COO 20,440 9,680 10,760 67,003 0.07%
Alex CPO 51,811 15,705 36,106 488,313 0.50%
Breen
Robert Jardine CMO 18,169 8,604 9,565 32,065 0.03%
Dave EVP, Network Operations 35,487 15,017 20,470 20,470 0.02%
Carroll
Edward Cooper General Counsel 13,627 5,766 7,861 11,375 0.01%
Total Voting Rights
As a result of this issue, the total number of ordinary shares in issue now
stands at 97,001,114 and the total number of voting rights in the Company is
therefore 97,001,114. No ordinary shares are held in treasury.
The above figure of 97,001,114 may be used by shareholders as the denominator
for the calculation by which they may determine if they are required to notify
their interest in, or change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.
The FCA notification, made in accordance with the UK version of the
requirements of the EU Market Abuse Regulation (as part of UK law by virtue of
the European Union (Withdrawal) Act 2018), is appended below.
Enquiries:
LoopUp Group plc via FTI
Steve Flavell, co-CEO
Panmure Gordon (UK) Limited +44 (0) 20 7886 2500
Dominic Morley / Alina Vaskina (Corporate Finance)
Erik Anderson (Corporate Broking)
FTI Consulting, LLP +44 (0) 20 3727 1000
Matt Dixon / Jamille Smith / Tom Blundell
About LoopUp Group plc:
LoopUp (LSE AIM: LOOP) is a cloud platform for premium specialist
communications, focusing on capabilities that complement foundational unified
communications platforms, such as Microsoft Teams. The Group's flagship Cloud
Telephony solution for Microsoft Teams enables enterprise customers to
eliminate disparate on-premises phone systems and multiple telecommunications
service providers, and consolidate their global telecommunications into a
single cloud implementation. LoopUp's global IP backbone interconnects with 18
carefully selected regional carrier partners and the Group has market-leading
coverage as a licensed telecommunications service provider. The Group is
listed on the AIM market of the London Stock Exchange (LOOP) and is
headquartered in London, with offices in the US, Spain, Germany, Hong Kong,
Barbados and Australia. For further information, please visit: www.loopup.com
(http://www.loopup.com) .
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) Names 1. Steve Flavell
2. Michael Hughes
3. Marcus Greensit
4. Alex Breen
5. Robert Jardine
6. Dave Carroll
7. Edward Cooper
2 Reason for the notification
a) Position/status Classified as PDMRs of the Company
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name LoopUp Group plc
b) LEI 21380063DQ4WXDQLYB80
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 0.5p each
b) Identification code GB00BYQP6S60
c) Nature of the transaction Allotment and part sale pursuant to a group Employee Share Purchase Plan
d) Price(s) and volume(s) Initial allotment
Sale (cover tax)
Price(s) Volume(s)
1. 22.015p 65,296
2. 22.015p 58,028
3. 22.015p 20,440
4. 22.015p 51,811
5. 22.015p 18,169
6. 22.015p 35,487
7. 22.015p 13,627
Price(s) - average Volume(s)
1. 21.697p Sale of 30,921
2. 21.697p Sale of 17,744
3. 21.697p Sale of 9,680
4. 21.697p Sale of 15,705
5. 21.697p Sale of 8,604
6. 21.697p Sale of 15,017
7. 21.697p Sale of 5,766
d) Aggregated information 262,858 ordinary shares allotted at 22.015p.
- Aggregated volume 103,436 ordinary shares sold (to cover tax) at 22.015p
- Price
e) Date of the transaction 18 November 2021
f) Place of the transaction London Stock Exchange
Price(s) - average Volume(s)
1. 21.697p Sale of 30,921
2. 21.697p Sale of 17,744
3. 21.697p Sale of 9,680
4. 21.697p Sale of 15,705
5. 21.697p Sale of 8,604
6. 21.697p Sale of 15,017
7. 21.697p Sale of 5,766
d)
Aggregated information
- Aggregated volume
- Price
262,858 ordinary shares allotted at 22.015p.
103,436 ordinary shares sold (to cover tax) at 22.015p
e)
Date of the transaction
18 November 2021
f)
Place of the transaction
London Stock Exchange
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHFFEFFUEFSEEFRecent news on Loopup
See all newsREG - LoopUp Group PLC - Last day of dealings of Ordinary Shares on AIM
AnnouncementREG - FTSE Russell - Loopup Group
AnnouncementREG - LoopUp Group PLC - Results of General Meeting
AnnouncementREG - LoopUp Group PLC - PDMR Dealings and Total Voting Rights
AnnouncementREG - LoopUp Group PLC - PDMR Dealings
Announcement