TIDMIDEA

RNS Number : 6313K

Ideagen PLC

20 April 2015

Ideagen plc

("Ideagen" or the "Company")

Exercise of Options, Director Dealing & Total Voting Rights

Ideagen PLC (AIM: IDEA), a leading supplier of Information Management Software to highly regulated industries, announces that it has applied for the admission to trading on AIM of a total of 1,918,080 new ordinary shares of 1p each ("Ordinary Shares") issued following an exercise (the "Exercise") of options over Ordinary Shares by directors (the "Directors") of the Company on 17 April 2015.

These new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares and admission is expected to be effective on 23 April 2015 (the "Admission").

Directors' Dealings

Following the Exercise, and on the same day, the Directors subsequently sold a total of 1,918,080 of these new Ordinary Shares, each at a price of 35 pence per Ordinary Share (the "Sale"), principally to fund the income tax and national insurance liabilities arising on the Exercise, as set out below.

 
 Name of Director    New Ordinary       Number       New holding      New interest 
                        Shares        of Ordinary     of Ordinary    as a percentage 
                        issued          Shares          Shares           of the 
                       pursuant      sold pursuant                      Company's 
                        to the          to the                           issued 
                       Exercise          Sale                         share capital 
 David Hornsby          2,800,000        1,780,800      9,404,033        5.30% 
==================  =============  ===============  =============  ================= 
 Graeme Spenceley         200,000          137,280         62,720        0.04% 
 Total                  3,000,000        1,918,080      9,466,753        5.34% 
==================  =============  ===============  =============  =================

Total Voting Rights

The Company advises that, following the issue of the new Ordinary Shares pursuant to the Exercise as set out above, the total number of Ordinary Shares in issue will be 177,341,678 and the total number of voting rights will therefore be 177,341,678. This figure may be used by shareholders 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.

 
 Enquiries: 
 Ideagen Plc                         Tel: 01629 699100 
 David Hornsby, Chief Executive 
 Graeme Spenceley, Finance 
  Director 
 
 finnCap (Nominated Adviser          Tel: 020 7220 0500 
  and Broker) 
 Stuart Andrews / James Thompson 
  (Corporate Finance) 
 Stephen Norcross 
  (Corporate Broking)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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