REG - LoopUp Group PLC - PDMR Dealings

LoopupAnnouncement

14/03/2022 11:00

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RNS Number : 6667E  LoopUp Group PLC  14 March 2022

14 March 2022

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 to the following PDMRs of the
Group:

 

                                          New Options granted  Total number of options held post grant
 Marcus Greensit  COO                     100,000              761,000
 Victor Sanchez   CTO                     100,000              300,000
 David Carroll    EVP Network Operations  100,000              303,250
 Edward Cooper    General Counsel         100,000              339,000
 Jana Rhyu        SVP Product             100,000              154,750

 

 

 

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.

 

 

For further information, please contact:

 

 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)

 Cenkos Securities Limited                           +44 (0) 20 7397 8900
 Giles Balleny / Dan Hodkinson (Corporate Finance)
 Alex Pollen / Dale Bellis (Sales)

 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.   Marcus Greensit

                                                                   2.   Victor Sanchez

                                                                   3.   Dave Carroll

                                                                   4.   Edward Cooper

                                                                   5.   Jana Rhyu
 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

 b)   Identification code                                          GB00BYQP6S60

 c)   Nature of the transaction                                    Grant of options

 d)   Price(s) and volume(s)

Price(s)          Volume(s) - Grant
                                                                   1.      £0.0725   100,000
                                                                   2.      £0.0725   100,000
                                                                   3.      £0.0725   100,000
                                                                   4.      £0.0725   100,000
                                                                   5.      £0.0725   100,000

 

 d)   Aggregated information                                       500,000 options over ordinary shares of 0.5p with a strike price of £0.0725

      - Aggregated volume

      - Price
 e)   Date of the grant                                            10 March 2022

 f)   Place of the transaction                                     London Stock Exchange

 

 

d)

 

Aggregated information

- Aggregated volume

- Price

500,000 options over ordinary shares of 0.5p with a strike price of £0.0725

e)

 

Date of the grant

10 March 2022

f)

Place of the transaction

London Stock Exchange

 

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