Altitude Group PLC PDMR Shareholding and Issue of Equity (5420S)
July 09 2020 - 3:23AM
UK Regulatory
TIDMALT
RNS Number : 5420S
Altitude Group PLC
09 July 2020
9 July 2020
ALTITUDE GROUP PLC
(the "Company" or "Altitude")
PDMR Shareholding
and
Issue of Equity
Altitude Group plc (AIM: ALT), the operator of a leading
marketplace for personalised products, announces that Peter Hallet,
Non-Executive Director and a PDMR, has exercised 800,000 options
over ordinary shares of 0.4 pence each in the Company ("Ordinary
Shares") at a price of 9.5 pence per Ordinary Share (the "Share
Purchase").
Mr Hallett has stated to the Board of Directors that he has no
intention of selling any of the Ordinary Shares that will be issued
to him as a result of the Option Exercise.
Application has been made for the new Ordinary Shares pursuant
to the Option Exercise to be admitted to trading on AIM and
dealings are expected to commence on 15 July 2020
("Admission").
The new Ordinary Shares will rank pari passu with the existing
shares of the Company. Following Admission, the Company's issued
share capital will consist of 70,096,179 Ordinary Shares.
Accordingly, the figure of 70,096,179 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 Company under the FCA's Disclosure
Guidance and Transparency Rules.
Following Admission Peter Hallett will be interested in 1,2
43,196 Ordinary Shares representing approximately 1.77% of the
Company's post Admission issued share capital.
Enquiries:
Altitude Group plc Via Instinctif - 020 7457
Nichole Stella, Chief Executive 2020
Officer
Graeme Couturier, Chief Financial
Officer
Peter Hallett, Non-Executive Chairman
finnCap ltd 020 7220 0500
Jonny Franklin-Adams (Corporate Finance)
Charlie Beeson (Corporate Finance)
Richard Chambers (ECM)
Instinctif Partners (Financial
PR) 020 7457 2020
Matthew Smallwood
Chantal Woolcock
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Peter Hallett
------------------------------- ----------------------------------
2. Reason for the Notification
-------------------------------------------------------------------
a) Position/status PDMR: Non-Executive Director
------------------------------- ----------------------------------
b) Initial notification/Amendment Initial notification
------------------------------- ----------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Altitude Group plc
------------------------------- ----------------------------------
b) LEI 213800VACSTYYSI39R89
------------------------------- ----------------------------------
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 the
Financial instrument, Ordinary shares of 0.4p
type of instrument
Identification code GB00B0LSFV82
------------------------------- ----------------------------------
b) Nature of the transaction Exercise of Options
------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
9.5p 800,000
----------
------------------------------- ----------------------------------
d) Aggregated information:
* Aggregated volume As above
* Price
------------------------------- ----------------------------------
e) Date of the transaction 15 July 2020
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
------------------------------- ----------------------------------
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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