Allied Minds PLC Director/PDMR Shareholding (8696H)
June 13 2017 - 2:05AM
UK Regulatory
TIDMALM
RNS Number : 8696H
Allied Minds PLC
13 June 2017
ALLIED MINDS PLC
PDMR DEALING NOTIFICATION
Allied Minds plc (the "Company") has issued new ordinary shares
of one pence each ("Ordinary Shares") to certain persons
discharging managerial responsibilities ("PDMRs") following the
vesting of conditional awards in the form of restricted share units
made under the Company's Long Term Incentive Plan (the "LTIP") in
June 2014.
As a result, the Company received notification from the
following PDMR in relation to the subscription for Ordinary Shares
under the LTIP, and the subsequent sale of a portion of those
Ordinary Shares solely to cover federal and state income tax
liabilities arising as result of such vesting.
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------------------------
a) Name Michael Turner
--- -------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status General Counsel and Company Secretary
--- -------------------------------------------------------- -------------------------------------------------------
b) Initial notification/Amendment Initial notification
--- -------------------------------------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------------------------------------------------------
a) Name Allied Minds plc
--- -------------------------------------------------------- -------------------------------------------------------
b) LEI 213800YB4G7YN21NLL72
--- -------------------------------------------------------- -------------------------------------------------------
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 Ordinary shares of
instrument one pence each
Identification code
GB00BLRLH124
--- -------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Subscription for 395,717 ordinary shares of one pence
each in the capital of Allied Minds
plc pursuant to the vesting of conditional awards in
the form of restricted share units which
were granted to Michael Turner on 25 June 2014
pursuant to the terms and conditions of the
Allied Minds plc Long Term Incentive Plan adopted on
19 June 2014.
This transaction is not linked to the exercise of a
share option programme.
--- -------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------------------------- ----------
GBP0.01 per ordinary share 395,717
---------------------------- ----------
--- -------------------------------------------------------- -------------------------------------------------------
d) Aggregated information- Aggregated volume N/A
- Price
--- -------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 9 June 2017
--- -------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction Outside a trading venue
--- -------------------------------------------------------- -------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------------------------
a) Name Michael Turner
--- -------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status General Counsel and Company Secretary
--- -------------------------------------------------------- -------------------------------------------------------
b) Initial notification/Amendment Initial notification
--- -------------------------------------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------------------------------------------------------
a) Name Allied Minds plc
--- -------------------------------------------------------- -------------------------------------------------------
b) LEI 213800YB4G7YN21NLL72
--- -------------------------------------------------------- -------------------------------------------------------
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 Ordinary shares of
instrument one pence each
Identification code
GB00BLRLH124
--- -------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Sale of a portion of Ordinary Shares issued to Michael
Turner on 9 June 2017, pursuant to
the vesting of conditional awards in the form of
restricted share units which were granted
to Michael Turner on 25 June 2014 pursuant to the
terms and conditions of the Allied Minds
plc Long Term Incentive Plan adopted on 19 June 2014,
solely to cover federal and state income
tax liabilities arising as result of vesting of such
restricted share units.
--- -------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
-------------------------------- ----------
GBP1.388629 per ordinary share 215,270
-------------------------------- ----------
--- -------------------------------------------------------- -------------------------------------------------------
d) Aggregated information- Aggregated volume N/A
- Price
--- -------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 9 June 2017
--- -------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction XLON, London Stock Exchange Main Market
--- -------------------------------------------------------- -------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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