REG - Supply @ME Capital - Directors/PDMR Shareholding

Supply@Me CapitalAnnouncement

25/07/2022 07:00

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RNS Number : 5271T  Supply @ME Capital PLC   25 July 2022

 

 

25 July 2022

 

Supply@ME Capital plc

(The "Company" or "SYME")

Director/PDMR Notification

 

SYME announces that the Company issued 106,762,760 new ordinary shares to each
of Tom James, Chief Executive Officer and Chief Investment Officer of
TradeFlow Capital Management ("TradeFlow"), and John Collis, Chief Risk
Officer and Head of Compliance at TradeFlow, who are both executive directors
of SYME, in relation to settlement of post-acquisition earn out payments for
the financial year ended 31 December 2021.

The information contained in this notification is disclosed in accordance with
the requirements of Regulation ((EU) 596/2014), which is part of UK domestic
law by virtue of Market Abuse (Amendment) (EU Exit) Regulations 2019 (SI
2019/310) ("UK MAR").

 

 1   Details of the Director
 a)  Name                                                                   Thomas James
 2   Reason for the notification
 a)  Position/status                                                        Executive Director
 b)  Initial notification/Amendment                                         Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                                   Supply@ME Capital plc
 b)  LEI                                                                    213800ZY2C2TI2C5WQ61
 4   Details of the transaction(s):
 a)  Description of the financial instrument, type of instrument            Ordinary

                                                                      shares

     Identification code                                                    GB00BFMDJC60
 b)  Nature of transaction                                                  Issue of shares to satisfy the cash liability under the earn out agreement
 c)  Currency                                                               GBP - British Pound
     Price(s) and                                                           0.01
     volume(s)                                                              106762760
 d)  Aggregated information

                                                                      106762760
     - Aggregated volume

     - Price                                                                £1,067,627.60
 e)  Date of the transaction                                                20 July 2022
 f)  Place of the transaction                                               Outside a trading venue

 

 

 1   Details of the Director
 a)  Name                                                                   John Collis
 2   Reason for the notification
 a)  Position/status                                                        Executive Director
 b)  Initial notification/Amendment                                         Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                                   Supply@ME Capital plc
 b)  LEI                                                                    213800ZY2C2TI2C5WQ61
 4   Details of the transaction(s):
 a)  Description of the financial instrument, type of instrument            Ordinary

                                                                      shares

     Identification code                                                    GB00BFMDJC60
 b)  Nature of transaction                                                  issue of shares to satisfy the cash liability under the earn out agreement
 c)  Currency                                                               GBP - British Pound
     Price(s) and                                                           0.01
     volume(s)                                                              106762760
 d)  Aggregated information                                                 106762760

     - Aggregated volume

     - Price                                                                £1,067,627.60
 e)  Date of the transaction                                                20 July 2022
 f)  Place of the transaction                                               Outside a trading venue

For the purposes of UK MAR, the person responsible for arranging release of
this Announcement on behalf of SYME is Alessandro Zamboni, CEO.

 

Contacts

Alessandro Zamboni, CEO, Supply@ME Capital plc, investors@supplymecapital.com

Paul Vann, Walbrook PR Limited, +44 (0)20 7933 8780; paul.vann@walbrookpr.com

Chanice Smith, Cicero/AMO, +44 (0)20 7947 5317; chanice.smith@cicero-group.com

 

Notes

Supply@ME Capital PLC and its operating subsidiaries (together the "Group")
provide an innovative fintech platform (the "Platform") for use by
manufacturing and trading companies to access inventory trade solutions
enabling their businesses to generate cashflow, via a non-credit approach and
without incurring debt.  This is achieved by their existing eligible
inventory being added to the Platform and then monetised via purchase by third
party Inventory Funders.  The inventory to be monetised can include
warehouse goods waiting to be sold to end-customers or goods/commodities that
are part of a typical import/export transaction. SYME announced in August 2021
the launch of a global Inventory Monetisation programme which will be
focused on both inventory in transit monetisation and warehouse goods
monetisation. This program will be focused on creditworthy companies and not
those in distress or otherwise seeking to monetise illiquid inventories.

 

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