REG - Telecom Plus PLC - Director/PDMR Shareholding

Telecom PlusAnnouncement

01/12/2021 09:45

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RNS Number : 2036U  Telecom Plus PLC  01 December 2021

Telecom Plus PLC (the "Company")

 

Notification and public disclosure by directors/persons discharging managerial
responsibilities and persons closely associated with them

 

Telecom Plus PLC received notification today that Charles Wigoder, Executive
Chairman, disposed of 2.0 million ordinary shares in the Company of 5p each
("Ordinary Shares") on 30 November 2021.  The Company also received
notification today that the Wigoder Family Foundation (a registered charity),
in which Mr Wigoder has a non-beneficial interest, disposed of 500,000
Ordinary Shares on 30 November 2021 ("the Disposals").

 

The Disposals were conducted through Peel Hunt and Numis Securities in
response to strong institutional demand following the Company's Capital
Markets Day held on 23 November 2021.  Mr Wigoder remains clearly aligned
with the long-term growth and success of the Company and has confirmed that he
will not sell any further Ordinary Shares for at least 6 months (subject to
waiver by Peel Hunt and Numis Securities and to certain customary exceptions).

 

Mr Wigoder remains the largest personal shareholder with a beneficial interest
in 7,421,486 Ordinary Shares, and a non-beneficial interest in 3,592,683
Ordinary Shares through the Wigoder Family Foundation, representing
approximately 9.4 per cent. and 4.6 per cent. respectively of the total voting
rights in the Company.

 

The total number of Ordinary Shares in which Mr Wigoder retains an interest is
11,014,169 Ordinary Shares, representing approximately 14.0 per cent. of the
total voting rights in the Company.

 

The attached notification, made in accordance with Article 19 of the EU Market
Abuse Regulation 596/2014 (as incorporated into UK domestic law by the
European Union (Withdrawal) Act 2018), gives further detail of the number of
Ordinary Shares disposed.

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated

 a)  Name:                                     Charles Wigoder

 2   Reason for the notification

 a)  Position/Status:                          Executive Chairman

 b)  Initial Notification/Amendment:           Initial Notification

 3   Details of the issuer, emission allowance market participation, auction
     platform, auctioneer or auction monitor

 a)  Name:                                     Telecom Plus PLC

 b)  LEI:                                      549300QGHDX5UKE58G86

 4.  Details of 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:  Ordinary Shares

     Identification code:

                                               ISIN GB0008794710

 b)  Nature of the transaction:                Disposal of Ordinary Shares

 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)

     £14.50                                                                2,000,000

 d)  Aggregated price(s) and volume(s):        Price(s)                    Volume(s)

     N/A                                                                   N/A

 e)  Date of the Transaction:                  30 November 2021

 f)  Place of the Transaction:                 London Stock Exchange (XLON)

 

 

 

            1          Details of the person discharging managerial responsibilities/person closely
                       associated

            a)         Name:                                     Wigoder Family Foundation

            2          Reason for the notification

            a)         Position/Status:                          Family charitable foundation of Executive Chairman

            b)         Initial Notification/Amendment:           Initial Notification

            3          Details of the issuer, emission allowance market participation, auction
                       platform, auctioneer or auction monitor

            a)         Name:                                     Telecom Plus PLC

            b)         LEI:                                      549300QGHDX5UKE58G86

            4.         Details of 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:  Ordinary Shares

                       Identification code:

                                                                 ISIN GB0008794710

            b)         Nature of the transaction:                Disposal of Ordinary Shares

            c)         Price(s) and volume(s):                   Price(s)          Volume(s)

                       £14.50                                                                                          500

                                                                                               ,00
                                                                                                                       0

            d)         Aggregated price(s) and volume(s):        Price(s)          Volume(s)

                       N/A                                                                                             N/A

            e)         Date of the Transaction:                  30 November 2021

            f)         Place of the Transaction:                 London Stock Exchange (XLON)

 For further information, please contact:
 Telecom Plus PLC                                                                                    020 8955 5000

 David Baxter

 

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