REG - Rosslyn Data Tech. - Director Dealings

Rosslyn Data TechnologiesAnnouncement

30/10/2024 07:00

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RNS Number : 1282K  Rosslyn Data Technologies PLC  30 October 2024

30 October 2024

 

Rosslyn Data Technologies plc

("Rosslyn", the "Group" or the "Company")

 

Director Dealings

 

Further to the announcements made on 8 October 2024, 9 October 2024 and 25
October 2024 pursuant to the recent Fundraising and following the release of
the Company's FY 2024 results on 29 October 2024, the Company confirms that
James Appleby, Non-Executive Chairman, has subscribed for 5,280,000 new
Ordinary Shares (the "Subscription Shares") at the Issue Price of 5 pence per
Ordinary Share.

 

The dealings and resultant shareholding of James Appleby is shown below:

 

 Director Name  No. of Subscription Shares acquired in Fundraising  Resultant shareholding post transaction  % of voting rights post transaction
 James Appleby  5,280,000                                           5,830,909                                7.88%

 

Related Party Transaction

 

The subscription by James Appleby constitutes a related party transaction
under rule 13 of the AIM Rules.

 

Accordingly, Cavendish, acting in its capacity as the Company's nominated
adviser, confirms that it considers the terms of the participation by James
Appleby in the Subscription to be fair and reasonable in so far as the
Shareholders are concerned.

 

Admission, settlement and dealings

 

Application has been made for admission of the Subscription Shares to trading
on AIM, being the market of that name operated by the London Stock Exchange
("Admission").

 

It is expected that Admission will take place on or around 8.00 a.m. on 4
November 2024 and that dealings in the Subscription Shares on AIM will
commence at the same time.

 

Following Admission, the Company will have 73,987,425 Ordinary Shares in
issue. The Subscription Shares to be issued will, when issued, be fully paid
and will rank pari passu in all respects with the existing Ordinary Shares,
including the right to receive all dividends and other distributions declared,
made or paid after the date of issue.

 

Capitalised terms in this announcement shall have the same meaning as in the
Circular posted to Shareholders on 9 October 2024.

 

For further information please contact:

 

 Rosslyn
 Paul Watts, Chief Executive Officer                                                     +44 (0)20 3285 8008

 James Appleby, Chairman

 Cavendish Securities (Nominated adviser and Broker)
 Stephen Keys/Camilla Hume/George Lawson                                                 +44 (0)20 7220 0500

 Gracechurch Group (Financial PR)
 Claire Norbury/Anysia Virdi                                                             +44 (0)20 4582 3500

 

About Rosslyn

 

Rosslyn (AIM: RDT) provides an award-winning spend intelligence and predictive
analytics platform. The Rosslyn Platform helps organizations with diverse
supply chains mitigate risk and make informed strategic decisions. It
leverages automated workflows, artificial intelligence and machine learning to
extract and consolidate procurement data providing visibility of complex
supplier data, enabling supplier spend savings and delivering rapid ROI. For
more information visit www.rosslyn.ai (http://www.rosslyn.ai/) . Investors
wishing to contact the Company should email investors@rosslyn.ai.

 

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)  Name                                                         James Appleby
 2.  Reason for the notification
 a)  Position/status                                              Chairman
 b)  Initial notification/Amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Rosslyn Data Technologies plc
 b)  LEI                                                          213800UJ7YTBGGXGJN09
 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 0.1 pence each

     Identification code

                                                                  GB00BMV2DB09
 b)  Nature of the transaction                                    Purchase of Ordinary Shares
 c)  Price(s) and volume(s)                                       Average price for the period  Volume

                                                            5.0 pence                     5,280,000

 d)  Aggregated information                                       Not applicable - single transaction
 e)  Date of the transaction                                      29 October 2024
 f)  Place of the transaction                                     London Stock Exchange, AIM

d)

Aggregated information

Not applicable - single transaction

e)

Date of the transaction

29 October 2024

f)

Place of the transaction

London Stock Exchange, AIM

 

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