REG - LoopUp Group PLC - PDMR Dealings
RNS Number : 1990QLoopUp Group PLC26 October 202126 October 2021
LoopUp Group plc
("LoopUp" or the "Group")
PDMR Dealings
LoopUp Group plc (LSE AIM: LOOP), the cloud platform for premium specialist communications, announces that the Group's Remuneration Committee and the Board have approved the grant of share options at an exercise price of £0.25, equal to the issue price of the Group's recent capital raising, to the following PDMRs of the Group:
Name
Title
Options
New options granted
Total number of options held post grant
Options as % of issued share capital
Victor Sanchez
CTO
200,000
200,000
0.20%
Edward Cooper
General Counsel
76,000
239,000
0.25%
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.
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. Victor Sanchez, CTO, PDMR
2. Edward Cooper, General Counsel, PDMR
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
Options over Ordinary Shares of 0.5p each
b)
Identification code
GB00BYQP6S60
c)
Nature of the transaction
Grant of New Options
d)
Price(s) and volume(s)
Price(s)
Volume(s)
1.
£0.25
200,000
2.
£0.25
76,000
d)
Aggregated information
- Aggregated volume
- Price
276,000 options at £0.25 each
e)
Date of the transaction
25 October 2021
f)
Place of the transaction
London Stock Exchange
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