Corero Network Security PLC Director/PDMR Shareholding (8113W)
December 13 2019 - 3:53AM
UK Regulatory
TIDMCNS
RNS Number : 8113W
Corero Network Security PLC
13 December 2019
13 December 2019
Corero Network Security plc
("Corero," the "Company" or the 'Group')
Director/PDMR Shareholding
Further to the announcements made on 25 November 2019, the
Result of General Meeting announcement released on 12 December 2019
and Admission of the New Ordinary Shares to AIM becoming effective
this morning, the Company makes the following disclosures in
respect of the participation in the Subscription by certain of the
Directors of the Company.
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide further
detail.
Director Number of Ordinary Number of Resulting Resulting
Shares held New Ordinary number of holding
on 22 November Shares subscribed Ordinary Shares as a percentage
2019 for in the held immediately of the Enlarged
Subscription following Share Capital
Admission
32,917,797 187,300,406
Jens Montanana 154,382,609 (1) (2) 37.85%
------------------- ------------------- ------------------ -----------------
Richard Last 2,000,000 500,000 2,500,000 0.51%
------------------- ------------------- ------------------ -----------------
(1) 10,000,000 New Ordinary Shares subscribed for by Jens
Montanana in his personal capacity and 22,917,797 New Ordinary
Shares were subscribed for by The New Millennium Technology Trust
of which Jens Montanana is a beneficiary.
(2) 33,674,846 Ordinary Shares are held in the name of JPM
International Limited, which is wholly owned by Jens Montanana,
125,871,751 Ordinary Shares are held in the name of The New
Millennium Technology Trust of which Jens Montanana is a
beneficiary and 27,753,809 are held on his own account.
Defined terms used in this announcement not otherwise defined
shall have the same meanings as those terms defined and used in the
Circular dated 25 November 2019.
Enquiries:
Corero Network Security plc
Andrew Miller, CFO Tel: 01895 876 382
Cenkos Securities plc Tel: 020 7397 8900
Ben Jeynes/Mark Connelly - NOMAD
Michael Johnson - Sales
Vigo Communications Tel: 020 7390 0230
Jeremy Garcia / Ben Simons / Antonia Pollock
corero@vigocomms.com
NOTIFICATIONS 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 1. Jens Montanana
2. The New Millennium Technology
Trust
--------------------------- -----------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------
a) Position/status 1. Chairman
2. Person closely associated with
Jens Montanana
--------------------------- -----------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------- -----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------
a) Name Corero Network Security plc
--------------------------- -----------------------------------------------
b) LEI 2138001EVYT2OI1C4Y98
--------------------------- -----------------------------------------------
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 Ordinary shares of 1 pence each
financial instrument,
type of instrument
Identification code GB00B54X0432
b) Nature of the transaction Subscription for new ordinary shares
--------------------------- -----------------------------------------------
c) Price(s) and volume(s)
--------------- --------------------
Price(s) Volume(s)
--------------- --------------------
1. 3.50p 1. 10,000,000
2. 3.50p 2. 22,917,797
--------------- --------------------
d) Aggregated information n/a - single transaction
- Aggregated volume
- Price
e) Date of the transaction 13 December 2019
--------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------- -----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
----------------------------------------------------------------------------
a) Name Richard Last
--------------------------- -----------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------
a) Position/status Non-executive director
--------------------------- -----------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------- -----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------
a) Name Corero Network Security plc
--------------------------- -----------------------------------------------
b) LEI 2138001EVYT2OI1C4Y98
--------------------------- -----------------------------------------------
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 Ordinary shares of 1 pence each
financial instrument,
type of instrument
Identification code GB00B54X0432
b) Nature of the transaction Subscription for new ordinary shares
--------------------------- -----------------------------------------------
c) Price(s) and volume(s)
--------------- --------------------
Price(s) Volume(s)
--------------- --------------------
3.50p 500,000
--------------- --------------------
d) Aggregated information n/a - single transaction
- Aggregated volume
- Price
e) Date of the transaction 13 December 2019
--------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------- -----------------------------------------------
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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