REG - Toople PLC - Director/PDMR Shareholding
RNS Number : 0595CToople PLC26 September 2018Toople plc
Director/ PDMR Dealing
Toople plc (TOOP.L) announces that following admission of the Placing Shares and the Fee Shares of the Company on 25 September 2018, certain Directors agreed for a portion of the fees and remuneration owed to them of approximately £51,400 to be settled through the issue of 17,133,332 Fee Shares at the Placing Price of 0.3 pence per Ordinary Share. Consequently, the Company has received notification of the following:
Richard Horsman was issued 8,500,000 Ordinary Shares of 0.0667p each. Following the Issue, Mr Horsman's beneficial interest in the Company is 12,500,000 Ordinary Shares representing approximately 1.31% of the Company's issued share capital.
Geoff Wilson was issued 4,666,666 Ordinary Shares of 0.0667p each. Following the Issue, Mr Wilson's interest in the Company is 6,366,666 Ordinary Shares representing approximately 0.67% of the Company's issued share capital.
Kevin Lawrence was issued 3,966,666 Ordinary Shares of 0.0667p each. Following the Issue, Mr Lawrence's interest in the Company is 3,966,666 Ordinary Shares representing approximately 0.47% of the Company's issued share capital.
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name
(I) Richard Horsman
(II) Geoff Wilson
(III) Kevin Lawrence
2
Reason for notification
a.
Position/Status
(I) Chairman
(II) Non-Executive
(III) Chief Finance Officer
b.
Initial notification/
Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Toople Plc
b.
LEI
N/A
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
Identification Code
Ordinary Shares of 0.0667p each
ISIN: GB00BZ8TP087
b.
Nature of the transaction
Issue of Fee shares in lieu of fees and remuneration owed further to Placing and Admission of Shares on 25 September 2018
c.
Price(s) and volume(s)
(I)
Price(s) per share
Volume(s)
0.3p
8,500,000
(II)
0.3p
4,666,666
(III)
0.3p
3,966,666
d.
Aggregated information
- Aggregated Volume
- Price
17,133,332 ordinary shares of 0.0667 pence at 0.3 pence per ordinary share
e.
Date of the transaction
25 September 2018
f.
Place of the transaction
London Stock Exchange - Standard Listing
For further information please visit www.toople.com or contact:
Toople PLC
Tel: 0800 0499 499
Andy Hollingworth, Chief Executive Officer
Kevin Lawrence, Chief Financial Officer
Cairn Financial Advisers LLP
David Coffman / Richard Nash
Tel: 020 7213 0880
Novum Securities Limited
Colin Rowbury
Tel: 020 7399 9400
Turner Pope Investments Limited
Andy Thacker
Tel: 020 3621 4120
Belvedere Communications
John West
Tel: 020 3735 8896
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDSHBUGDCXDDBGIL
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