XCH Xchanging

TIDMXCH

RNS Number : 1346Y

Xchanging PLC

12 May 2016

Xchanging plc

PDMR Shareholding

Xchanging plc ("Xchanging"), the business technology and services provider, was informed on 12 May 2016 by the following individuals who, in the case of David Bauernfeind, Adrian Guttridge and Jim Reesing are, or, in the case of all other individuals, were at the date of the transaction, persons discharging managerial responsibility (PDMRs) that, following their acceptance of the recommended cash offer by CSC Computer Sciences International Operations Limited ("CSC Bidco") for the issued share capital of Xchanging (the "Offer") in respect of their shareholdings in Xchanging, the transfer of those shares took effect on 5 May 2016, being the date on which the Offer was declared unconditional in all respects by CSC Bidco.

 
 Name of PDMR         Number of shares sold under the 
                       Offer 
-------------------  -------------------------------- 
 David Bauernfeind    781,906 (including 360,853 held 
                       by connected persons) 
-------------------  -------------------------------- 
 Adrian Guttridge     45,059 
-------------------  -------------------------------- 
 Jim Reesing          9,545 
-------------------  -------------------------------- 
 Geoff Unwin          396,908 
-------------------  -------------------------------- 
 Ian Cormack          8,569 
-------------------  -------------------------------- 
 Bill Thomas          14,289 
-------------------  -------------------------------- 
 Stephen Wilson       53,214 (including 20,000 held 
                       by a connected person) 
-------------------  -------------------------------- 
 

Following this transaction, the resulting holding of Xchanging shares for each PDMR was nil.

This notification is made in accordance with DTR 3.1.4R(1)(a).

Anna M. Myburgh

Group Company Secretary

+44 203 604 5001

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 12, 2016 12:38 ET (16:38 GMT)

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