Picture of Loopup logo

LOOP Loopup News Story

0.000.00%
gb flag iconLast trade - 00:00
TechnologyHighly SpeculativeMicro CapValue Trap

REG - LoopUp Group PLC - PDMR Dealings and Total Voting Rights

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240326:nRSZ3283Ia&default-theme=true

RNS Number : 3283I  LoopUp Group PLC  26 March 2024

 

 

26 March 2024

LOOPUP GROUP PLC

("LoopUp" or the "Group")

 

PDMR Dealings and Total Voting Rights

 

LoopUp Group plc (LSE AIM: LOOP), the multinational Cloud Telephony provider,
announces that a total of 1,189,683 shares ("New Ordinary Shares") have been
allotted to option holders pursuant to share option exercises.

 

PDMR Dealings

 

The following PDMRs elected to exercise their options and to subsequently hold
those shares. Their holdings have increased as follows:

 

 Name             Title            Shares held before dealing  Additional shares issued  Shares held after dealing  Shares held as a % of total issued share capital
 Marcus Greensit  COO              520,460                     162,000                   682,460                    0.33%

 Edward Cooper    General Counsel  773,615                     90,000                    863,615                    0.42%

 

 

Total Voting Rights

 

As a result of this issue, the total number of ordinary shares in issue now
stands at 206,084,186 shares and the total number of voting rights in the
Company is therefore 206,084,186.  Such New Ordinary Shares are not eligible
to vote at the next scheduled General Meeting.  No ordinary shares are held
in treasury.

 

The above figure of 206,084,186 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.

 

 

 LoopUp Group plc                                    via FTI
 Steve Flavell, co-CEO

 Panmure Gordon (UK) Limited                         +44 (0) 20 7886 2500
 Dominic Morley / Ivo Macdonald (Corporate Finance)

 Cavendish Securities plc                            +44 (0) 20 7397 8900
 Giles Balleny / Dan Hodkinson (Corporate Finance)
 Dale Bellis (Sales)

 FTI Consulting, LLP                                 +44 (0) 20 3727 1000
 Emma Hall / Jamille Smith

 

About LoopUp Group plc

LoopUp (LSE AIM: LOOP) enables multinational enterprises to consolidate their
global telephony provision into a single, consistently managed cloud
implementation rather than disparate implementations from multiple carriers.
The Group is listed on the AIM market of the London Stock Exchange 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)   Marcus Greensit

                                                                   2)   Edward Cooper
 2    Reason for the notification

 a)   Position/status                                              Classified as PDMR 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                                    Exercise of options

 d)   Price(s) and volume(s)                                       1)   162,000 options at zero strike price

                                                                   2)   90,000 options at zero strike price
 e)   Date of the transaction                                      26 March 2024

 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  DSHSEWSUMELSEID

Recent news on Loopup

See all news