Micro Focus International plc Director/PDMR Shareholding (3382V)
April 05 2019 - 11:00AM
UK Regulatory
TIDMMCRO
RNS Number : 3382V
Micro Focus International plc
05 April 2019
5 April 2019
Micro Focus International plc ("Micro Focus" or the
"Company")
Director / PDMR Shareholding
Director Increases Shareholding through Exercise of Options
Micro Focus International plc (the "Company", LSE: MCRO.L, NYSE:
MFGP) announces that Kevin Loosemore, Executive Chairman, has
further increased his shareholding in the Company by 296,672 shares
to a total of 1,545,305 shares by exercising 560,756 nil cost
option awards under the Micro Focus Incentive Plan 2005, of which
264,084 shares were sold to cover tax and NIC liabilities and
commission charges.
Notification of transaction by PDMRs
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name KEVIN LOOSEMORE (PERSON DISCHARGING MANAGERIAL
RESPONSIBILITIES)
---------------------------- -----------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------
a) Position/status DIRECTOR
---------------------------- -----------------------------------------------------
b) Initial notification INITIAL NOTIFICATION
/Amendment
---------------------------- -----------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------
a) Name MICRO FOCUS INTERNATIONAL PLC
---------------------------- -----------------------------------------------------
b) LEI 213800F8E4X648142844
---------------------------- -----------------------------------------------------
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 10 PENCE EACH
the financial instrument,
type of instrument
Identification GB00BD8YM01
code
---------------------------- -----------------------------------------------------
b) Nature of the transaction 1. ACQUISITION OF ORDINARY SHARES OF 10 PENCE
EACH FOLLOWING THE EXERCISE OF OPTIONS UNDER
THE MICRO FOCUS INCENTIVE PLAN 2005
2. SALE OF A PROPORTION OF THE ABOVE ACQUIRED
ORDINARY SHARES IN ORDER TO COVER TAX AND
NIC LIABILITIES AND COMMISSION CHARGES ARISING
ON EXERCISE OF THE ABOVE NOTED OPTIONS
---------------------------- -----------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
1. Nil pence per 560,756 ordinary
ordinary share shares
-----------------
2. GBP19.45789 pence 264,084 ordinary
per ordinary share shares
-----------------
---------------------------- -----------------------------------------------------
d) Aggregated information
- Aggregated volume N/A
- Price N/A
---------------------------- -----------------------------------------------------
e) Date of the transaction 5 April 2019
---------------------------- -----------------------------------------------------
f) Place of the transaction London Stock Exchange
XLON
---------------------------- -----------------------------------------------------
Enquiries:
Micro Focus Tel: +44 (0) 1635 565200
Tim Brill, IR Director
Ben Donnelly, IR Manager
Powerscourt Tel: +44 (0)20 7250 1446
Elly Williamson
Celine MacDougall
About Micro Focus
Micro Focus (LSE: MCRO.L, NYSE: MFGP) is a global enterprise
software company supporting the technology needs and challenges of
the Global 2000. Our solutions help organizations leverage existing
IT investments, enterprise applications and emerging technologies
to address complex, rapidly evolving business requirements while
protecting corporate information at all times. Our product
portfolios are Security, IT Operations Management, Application
Delivery Management, Information Management & Governance and
Application Modernization & Connectivity. For more information,
visit: www.microfocus.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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