TIDMBLTG

RNS Number : 6713L

Blancco Technology Group PLC

04 October 2016

BLANCCO TECHNOLOGY GROUP PLC

(the "Company")

Director's Dealing

The Company was notified on 4 October 2016 that Hanover Investors sold 209,728 ordinary shares of 2p each in the Company ("Ordinary Shares") at a price of 225p per Ordinary Share on 3 October 2016.

Following this sale, Hanover Investors is no longer interested in the Ordinary Shares of the Company. Matthew Peacock, non-executive Chairman, had an indirect beneficial interest in the Ordinary Shares through his association with Hanover Investors Management LLP and its connected parties.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transaction as described above.

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
---  ------------------------------------------------------------------------- 
 a)   Name:                                          Matthew Peacock/Hanover 
                                                      Investors 
---  ---------------------------------------------  -------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------------------- 
 a)   Position/status:                               PDMR, Chairman 
---  ---------------------------------------------  -------------------------- 
 b)   Initial notification/Amendment:                Initial notification 
---  ---------------------------------------------  -------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
---  ------------------------------------------------------------------------- 
 a)   Name:                                          Blancco Technology Group 
                                                      plc 
---  ---------------------------------------------  -------------------------- 
 b)   LEI:                                           N/a 
---  ---------------------------------------------  -------------------------- 
 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 2p 
       type of instrument:                            each 
       Identification code:                           GB00B06GNN57 
---  ---------------------------------------------  -------------------------- 
 b)   Nature of the transaction:                     Sale 
---  ---------------------------------------------  -------------------------- 
 c)   Price(s) and volume(s):                          Price(s)   Volume(s) 
                                                       ---------  ---------- 
                                                        225p       209,728 
                                                       ---------  ---------- 
---  ---------------------------------------------  -------------------------- 
 d)   Aggregated information:                        Single transaction as 
                                                      in 4 c) above 
        *    Aggregated volume:                       209,728 
                                                      225p 
 
        *    Price: 
---  ---------------------------------------------  -------------------------- 
 e)   Date of the transaction:                       2016-10-03 
---  ---------------------------------------------  -------------------------- 
 f)   Place of the transaction:                      London Stock Exchange, 
                                                      AIM Market (XLON) 
---  ---------------------------------------------  --------------------------

For further information, please contact:

Blancco Technology Group Plc +44 (0) 20 3657 7000

Matthew Peacock, Non-Executive Chairman

Patrick Clawson, Chief Executive Officer

Jog Dhody, Chief Financial Officer

   Peel Hunt LLP (Nominated Adviser and Broker)                                  +44 (0) 20 7418 8900

Richard Kauffer

Euan Brown

Panmure Gordon (UK) Limited (Joint Broker) +44 (0) 20 7886 2500

Dominic Morley, Corporate Finance

Charles Leigh Pemberton, Corporate Broking

Tulchan Communications +44 (0) 20 7353 4200

Tom Murray

About Blancco

Blancco Technology Group plc, is a leading data erasure software business, serving enterprises and governments around the world.

www.blancco.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHBXBDGLUGBGLS

(END) Dow Jones Newswires

October 04, 2016 09:58 ET (13:58 GMT)

Blancco Technology (LSE:BLTG)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Blancco Technology Charts.
Blancco Technology (LSE:BLTG)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Blancco Technology Charts.