Picture of Zegona Communications logo

ZEG Zegona Communications News Story

0.000.00%
gb flag iconLast trade - 00:00
TelecomsHighly SpeculativeLarge CapMomentum Trap

REG - Zegona Comms. - Director/PDMR Shareholding

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241211:nRSK7452Pa&default-theme=true

RNS Number : 7452P  Zegona Communications PLC  11 December 2024

11 December 2024

Zegona Communications plc ("Zegona" or the "Company")

PDMR Announcement and TR-1 Forms

The Company has been notified that Eamonn O'Hare (the Chairman and CEO of the
Company), has transferred his entire holding of 35,327,787 ordinary shares of
£0.01 each in the Company ("Ordinary Shares") to his family investment
company for estate planning purposes (the "Transaction").

 

Following the Transaction, Eamonn continues to have full control over his
entire shareholding, representing 4.65% of the Company's issued share
capital.  The family investment company has executed an equivalent lock-in
agreement to that signed by Eamonn in 2021.

 

The notification below, made in accordance with the requirements of the Market
Abuse Regulation, provides further details of the Transaction.

 

This announcement also contains the TR-1 forms received by the Company in
respect of Eamonn O'Hare and O'Hare&Co Limited.

 

 a)  Name                                                         Eamonn O'Hare
 2.  Reason for the Notification
 a)  Position/status                                              Chairman and CEO
 b)  Initial notification/ Amendment                              Initial
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Zegona Communications plc
 b)  LEI                                                          213800ASI1VZL2ED4S65
 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 1 pence each

     Identification code                                          ZEG
 b)  Nature of the transaction                                    Transfer of shares to family investment company for estate planning purposes
 c)  Price(s) and volume(s)                                       Price                                       Volume
                                                                  £3.36                                       35,327,787
 d)  Aggregated information                                       Aggregate Price       Aggregate Volume                            Aggregate total

     Aggregated volume
     £3.36                                                                                                    35,327,787                                  £
                                                                                                                                                          1
                                                                                                                                                          1
                                                                                                                                                          8
                                                                                                                                                          ,
                                                                                                                                                          7
                                                                                                                                                          0
                                                                                                                                                          1
                                                                                                                                                          ,
                                                                                                                                                          3
                                                                                                                                                          6
                                                                                                                                                          4
 e)  Date of the transaction                                      10 December 2024
 f)  Place of the transaction                                     Outside of a trading venue

 

 

 a)  Name                                                         O'Hare&Co Limited
 2.  Reason for the Notification
 a)  Position/status                                              Person closely associated with Eamonn O'Hare, Chairman and CEO of the Company
 b)  Initial notification/ Amendment                              Initial
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Zegona Communications plc
 b)  LEI                                                          213800ASI1VZL2ED4S65
 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 1 pence each

     Identification code                                          ZEG
 b)  Nature of the transaction                                    Transfer of shares from Eamonn O'Hare for estate planning purposes
 c)  Price(s) and volume(s)                                       Price                                       Volume
                                                                  £3.36                                       35,327,787
 d)  Aggregated information                                       Aggregate Price       Aggregate Volume                            Aggregate total

     Aggregated volume
     £3.36                                                                                                    35,327,787                                  £
                                                                                                                                                          1
                                                                                                                                                          1
                                                                                                                                                          8
                                                                                                                                                          ,
                                                                                                                                                          7
                                                                                                                                                          0
                                                                                                                                                          1
                                                                                                                                                          ,
                                                                                                                                                          3
                                                                                                                                                          6
                                                                                                                                                          4
 e)  Date of the transaction                                      10 December 2024
 f)  Place of the transaction                                     Outside of a trading venue

 

 

 

TR-1: Standard form for notification of major holdings

 

1. Issuer Details

ISIN

GB00BVGBY890

Issuer Name

ZEGONA COMMUNICATIONS PLC

UK or Non-UK Issuer

UK

 

2. Reason for Notification

An acquisition or disposal of voting rights

 

3. Details of person subject to the notification obligation

Name

Eamonn O'Hare

City of registered office (if applicable)

N/A

Country of registered office (if applicable)

N/A

 

4. Details of the shareholder

 Name           City of registered office  Country of registered office
 Eamonn O'Hare

 

5. Date on which the threshold was crossed or reached

11-December-2024

 

6. Date on which Issuer notified

11-December-2024

 

7. Total positions of person(s) subject to the notification obligation

                                                                            % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer
 Resulting situation on the date on which threshold was crossed or reached  0.00%                                                 0.00%                                                                      0.00%                           -
 Position of previous notification (if applicable)                          4.65%                                                 0.00                                                                       4.65%                           35,327,787

 

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

 

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)
 GB00BVGBY890                                 -                                        -                                            -                                   -
 Sub Total 8.A                                -                                                                                     -

 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is  % of voting rights
                                                                            exercised/converted

 Sub Total 8.B1

 

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights

 Sub Total 8.B2

 

9. Information in relation to the person subject to the notification
obligation

 

 Ultimate controlling person  Name of controlled undertaking  % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                          than the notifiable threshold

 

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

 

12. Date of Completion

11-December-2024

 

13. Place Of Completion

Guildford, United Kingdom

 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BVGBY890

Issuer Name

ZEGONA COMMUNICATIONS PLC

UK or Non-UK Issuer

UK

 

2. Reason for Notification

An acquisition or disposal of voting rights

 

3. Details of person subject to the notification obligation

Name

O'Hare&Co Limited

City of registered office (if applicable)

Guildford

Country of registered office (if applicable)

England

 

4. Details of the shareholder

 Name                   City of registered office  Country of registered office
 O'Hare&Co Limited      Guildford                  England

 

5. Date on which the threshold was crossed or reached

11-December-2024

 

6. Date on which Issuer notified

11-December-2024

 

7. Total positions of person(s) subject to the notification obligation

                                                                            % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer
 Resulting situation on the date on which threshold was crossed or reached  4.65%                                                 0.00                                                                       4.65%                           35,327,787
 Position of previous notification (if applicable)

 

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

 

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)
 GB00BVGBY890                                 35,327,787                               -                                            4.65%                               -
 Sub Total 8.A                                35,327,787                                                                            4.65%

 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is  % of voting rights
                                                                            exercised/converted

 Sub Total 8.B1

 

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights

 Sub Total 8.B2

 

9. Information in relation to the person subject to the notification
obligation

O'Hare&Co Limited is controlled by Eamonn O'Hare, the Chairman and CEO of
Zegona Communications plc.

 Ultimate controlling person  Name of controlled undertaking  % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                          than the notifiable threshold
 Eamonn O'Hare                O'Hare&Co Limited

 

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

 

 

12. Date of Completion

10-December-2024

 

13. Place Of Completion

Guildford, United Kingdom

 

 

 

 

Enquiries:

Lulu Bridges / Katie Hopkins / Ruairi Millar

Tavistock

Tel:  020 7920 3150

Zegona@tavistock.co.uk

 

 

This Announcement has been prepared by, and is the sole responsibility of
Eamonn O'Hare Chairman and CEO, Zegona Communications plc,

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHEAKAFFFLLFFA

Recent news on Zegona Communications

See all news