TIDMIDEA

RNS Number : 7358K

Ideagen PLC

20 April 2015

The following replaces the announcement released on the 20(th) April 2015 at 0700 RNS number 6313K. The amount of shares the Company has applied for admission to trading on AIM is 3,000,000. All other information remains unchanged. The full amended text appears below.

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 3,000,000 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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