EU Supply PLC Director/PDMR Shareholding (3312D)
June 25 2019 - 4:52AM
UK Regulatory
TIDMEUSP
RNS Number : 3312D
EU Supply PLC
25 June 2019
25 June 2019
EU Supply plc
("EU Supply" or the "Company")
Directors' Dealing
EU Supply plc (LSE AIM: EUSP), the e-procurement SaaS provider,
has been notified that on 25 June 2019, certain Directors of the
Company converted loan notes of GBP1.00 each issued by EU Supply in
accordance with the instrument dated 27 August 2015 constituting
GBP1.649 million fixed rate secured convertible loan notes 2020
("Convertible Loan Notes") into new ordinary shares of 0.1 pence
each in the share capital of EU Supply at 11.7 pence per share
("Conversion Shares") as follows:
Previous Conversion
Shareholding % Shares Current Shareholding %
Thomas Beergrehn 9,229,237 12.9% 1,709,401 10,938,638 13.3%
Steffen Karlsson 1,637,267 2.3% 683,760 2,321,027 2.8%
David Cutler 552,477 0.8% Nil 552,477 0.7%
Fredrik Wallmark 53,333 0.1% Nil 53,333 0.1%
FURTHER ENQUIRIES
EU Supply plc Tel: 020 7127 4545
Thomas Beergrehn, CEO
Fredrik Wallmark, CFO
Stockdale Securities Tel: 020 7601 6100
Tom Griffiths, David Coaten
A copy of this announcement is available at
www.eu-supply.com.
Notes to Editors
EU Supply is the UK holding company of the EU Supply Group, a
Sweden-based e-commerce business, which has an established,
market-leading, multilingual e-procurement platform for e-sourcing,
e-tendering and contract management, tailored for the highly
regulated European public sector market.
Since 2006, the Group has invested heavily in employing
specialist programmers to add functionality, legal compliance as
required and security features to its Complete Tender
Management(TM) ("CTM(TM)") platform to ensure that the Group is
ideally placed to secure new contracts with EU Member States and
their Contracting Authorities. The platform is available in 16
different languages.
The Directors believe that the Group's CTM(TM) platform is one
of the easiest to use and most functionally advanced solutions
available in the market. The CTM(TM) platform is used by over 8,000
European public sector bodies in 9 EU/EEC Member States and has
National Procurement System status in four Member States (the UK,
Ireland, Norway and Lithuania).
The Company's shares were admitted to trading on AIM in November
2013. In August and September 2015, the Company raised a total of
GBP2.061m (before expenses) through a placing of new shares and the
issue of first and second tranches of Convertible Loan Notes to
institutional and other investors. On 25 May 2018, the Company
announced that it had raised a further GBP600k (before expenses)
through a placing and subscription of new shares.
This information is provided by RNS, the news service of the
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contact rns@lseg.com or visit www.rns.com.
END
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