Arcontech Group PLC Issue of Equity & Director/PDMR Shareholding (4570E)
May 08 2017 - 4:47AM
UK Regulatory
TIDMARC
RNS Number : 4570E
Arcontech Group PLC
08 May 2017
ARCONTECH GROUP PLC
("Arcontech", the "Company" or the "Group")
Issue of Equity & Director / PDMR Shareholding
Arcontech (AIM: ARC), the provider of products and services for
real-time financial market data processing and trading, announces
that it has applied to the London Stock Exchange for 47,619
ordinary shares of GBP0.125 each in the Company ("Ordinary Shares")
to be admitted to trading on AIM ("Admission"). The new Ordinary
Shares are being issued subsequent to an exercise of options over
Ordinary Shares by Sarah Wisbey, Administration Director and a PDMR
of the Company, at a price of 17.5p per Ordinary Share.
It is expected that Admission will become effective and trading
will commence in the new Ordinary Shares at 8.00 a.m. on 12 May
2017. On Admission the Company's issued share capital will comprise
12,438,709 Ordinary Shares, of which none are held in treasury.
Therefore the total number of Ordinary Shares in the Company with
voting rights will be 12,438,709. This figure may be used by
shareholders in the Company as the denominator for the calculations
by which they will determine if they are required to notify their
interest in, or a change to their interest in, the share capital of
the Company under the FCA's Disclosure and Transparency Rules.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1. Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------
a) Names Sarah Wisbey - Administration
Director
--- ------------------------- ----------------------------------
2. Reason for the Notification
--- -------------------------------------------------------------
a) Position/status See 1 (a) above -PDMR's of
the Company
--- ------------------------- ----------------------------------
b) Initial notification/ Initial Notification
Amendment
--- ------------------------- ----------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------
a) Name Arcontech Group 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 Ordinary Shares of GBP0.125
the Financial
instrument, type
of instrument
---
Identification GB00BDBBJZ03
code
--- ------------------------- ----------------------------------
b) Nature of the Exercise of Options over Ordinary
transaction Shares
--- ------------------------- ----------------------------------
c) Price(s) and Exercise Price: 17.5 pence
volume(s) Volume: 47,619
--- ------------------------- ----------------------------------
d) Aggregated information: See 4 (c) above
* Aggregated volume
* Price
--- ------------------------- ----------------------------------
e) Date of the transaction 5 May 2017
--- ------------------------- ----------------------------------
f) Place of the Outside a trading venue
transaction
--- ------------------------- ----------------------------------
Enquiries:
020 7256
Arcontech Group plc 2300
Richard Last, Chairman and
Non-Executive Director
Matthew Jeffs, Chief Executive
020 7220
finnCap Ltd (Nomad & Broker) 0500
Carl Holmes/Simon Hicks
To access more information on the Group please visit:
www.arcontech.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOESSISAAFWSELI
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