TIDMIQG
RNS Number : 4127I
IQGeo Group PLC
04 August 2023
IQGeo Group plc
(the "Company" or the "Group")
Director/PDMR Shareholding
IQGeo Group plc (AIM: IQG), a leading developer of geospatial
productivity and collaboration software for telecoms and utility
network operators, announces that Richard Petti, Chief Executive
Officer of the Company has purchased 3,406 Ordinary Shares of 2
pence in the Company ("Ordinary Shares") at an average price of 299
pence per Ordinary Share. Following this transaction, Mr Petti's
beneficial interest in the Company is 224,483 Ordinary Shares,
representing 0.36 per cent. of the total issued share capital. Mr
Petti also holds options over 2,060,000 Ordinary Shares.
In addition, the Company has also been notified today that
Kestrel Partners LLP ("Kestrel") has also purchased for, on behalf
of its discretionary clients, an aggregate of 41,696 Ordinary
Shares at an average price of 296 pence per share. Mr Royde is a
partner of, and holds a beneficial interest in, Kestrel. Mr Royde
is also a shareholder in Kestrel Opportunities and is therefore
deemed to have a beneficial interest in Kestrel Opportunities'
entire legal holding in IQGeo.
Following this transaction, Kestrel Opportunities holds (and
consequently Mr Royde is deemed to have a beneficial interest in)
11,726,984 Shares in the Company, and other clients of Kestrel, in
which Mr Royde has no beneficial interest, hold 4,658,704 Shares in
the Company.
On a combined basis, Kestrel indirectly holds voting rights over
16,385,688 Shares in the Company, which represents 26.62 per cent.
of the Company's issued share capital.
Kestrel's interest in the Shares in the Company is held through
the following nominees:
Holding Nominee No. of shares % of issued share
type capital
Bank of New York Nominees
Indirect Ltd 11,726,984 19.06%
Indirect JIM Nominees Limited 355,203 0.57%
Indirect Bank of New York Nominees 4,069,727 6.61%
Ltd
Indirect Northern Trust Company 233,774 0.38%
AVFC
Further to the above, Deborah Chapman, the wife of Haywood
Chapman, Chief Financial Officer of the Company, has for personal
reasons, sold 35,000 ordinary shares at an average price of 290
pence per share. Following the above transaction, Mr Chapman's
beneficial interest in the Company is 96,228 Ordinary Shares,
representing 0.16 per cent. of the total issued share capital. Mr
Chapman also holds options over 850,000 shares.
For further information contact:
IQGeo Group plc +44 1223 606655
Richard Petti
Haywood Chapman
finnCap Ltd +44 20 7220 0500
Henrik Persson, Seamus Fricker (Corporate Finance)
Tim Redfern, Charlotte Sutcliffe (ECM)
Notes to Editors
About IQGeo
Telecommunications and utility operators are "Building better
networks" with IQGeo's award-winning software solutions. The
ability to powerfully model any network requirement, integrate
every system and data source, and support field and office teams
with continual innovation is helping operators create the networks
of the future. Our solutions ensure greater cross-team
collaboration and process efficiency throughout the network
lifecycle, from planning and design to construction, operations,
and sales.
Whether it's highly competitive fiber and 5G broadband rollouts
or complex utility grid modernization projects, IQGeo's enterprise
solutions, our OSPInsight fiber design software, and our Comsof
automated planning software are proven industry leaders. We partner
with large multinationals and smaller regional operators to deliver
the digital innovation they need to increase network resilience,
operational safety, and business ROI.
Headquartered in Cambridge, with offices in Denver, Ghent,
Toronto, Frankfurt and Tokyo, we work with some of the largest
network infrastructure operators in the world. For more information
visit: www.iqgeo.com/
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU No. 596/2014) which is part of UK law by virtue of
the European Union (Withdrawal) Act 2018. Upon the publication of
this announcement, this inside information is now considered to be
in the public domain.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them are set out below pursuant to the EU Market
Abuse regulation.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Richard Petti
----------------------- -----------------------------------------
Reason for the notification
2
------------------------------------------------------------------
a) Position/status Chief Executive Officer
----------------------- -----------------------------------------
b) Initial notification Initial
/Amendment
----------------------- -----------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
------------------------------------------------------------------
a) Name IQGEO Group plc
----------------------- -----------------------------------------
b) LEI 213800P2PCLCEFANB194
----------------------- -----------------------------------------
Details of the transaction(s): section to be repeated for
4 (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
------------------------------------------------------------------
a) Description 2p Ordinary Shares
of the financial
instrument,
type of instrument ISIN: GB00B3NCXX73
Identification
code
----------------------- -----------------------------------------
b) Nature of the Purchase of Ordinary Shares
transaction
----------------------- -----------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) 299 pence 3,406
----------
----------------------- -----------------------------------------
d) Aggregated information As above in 4(c)
- Aggregated
volume
- Price
----------------------- -----------------------------------------
e) Date of the 3 August 2023
transaction
----------------------- -----------------------------------------
f) Place of the London Stock Exchange, AIM Market (XLON)
transaction
----------------------- -----------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Kestrel Partners LLP
----------------------- ----------------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------
a) Position/status PCA - Max Royde (non-executive director IQGeo
Group plc)
----------------------- ----------------------------------------------
b) Initial notification Initial
/Amendment
----------------------- ----------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name IQGEO Group plc
----------------------- ----------------------------------------------
b) LEI 213800P2PCLCEFANB194
----------------------- ----------------------------------------------
Details of the transaction(s): section to be repeated for
4 (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-----------------------------------------------------------------------
a) Description 2p Ordinary Shares
of the financial
instrument,
type of instrument ISIN: GB00B3NCXX73
Identification
code
----------------------- ----------------------------------------------
b) Nature of the Purchase
transaction
----------------------- ----------------------------------------------
c) Price(s) and 04 August 2023
volume(s) Price(s) Volume(s)
--------------
290 pence 17,500 shares
--------------
300 pence 24,196 shares
--------------
----------------------- ----------------------------------------------
d) Aggregated information Total 41,696 shares @ GBP 296 pence
- Aggregated
volume
- Price
----------------------- ----------------------------------------------
e) Date of the 04 August 2023
transaction
----------------------- ----------------------------------------------
f) Place of the London Stock Exchange (XLON)
transaction
----------------------- ----------------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Deborah Chapman
----------------------- -------------------------------------------
Reason for the notification
2
--------------------------------------------------------------------
a) Position/status Person closely associated (PCA) to Haywood
Chapman, Chief Financial Officer
----------------------- -------------------------------------------
b) Initial notification Initial
/Amendment
----------------------- -------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
--------------------------------------------------------------------
a) Name IQGEO Group plc
----------------------- -------------------------------------------
b) LEI 213800P2PCLCEFANB194
----------------------- -------------------------------------------
Details of the transaction(s): section to be repeated for
4 (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
--------------------------------------------------------------------
a) Description 2p Ordinary Shares
of the financial
instrument,
type of instrument ISIN: GB00B3NCXX73
Identification
code
----------------------- -------------------------------------------
b) Nature of the Sale of Ordinary Shares
transaction
----------------------- -------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) 290 pence 35,000
----------
----------------------- -------------------------------------------
d) Aggregated information As above in 4(c)
- Aggregated
volume
- Price
----------------------- -------------------------------------------
e) Date of the 3 August 2023
transaction
----------------------- -------------------------------------------
f) Place of the London Stock Exchange, AIM Market (XLON)
transaction
Details of the person discharging managerial responsibilities
1 / person closely associated
--------------------------------------------------------------------
a) Name Richard Petti
----------------------- -------------------------------------------
Reason for the notification
2
--------------------------------------------------------------------
a) Position/status Chief Executive Officer
----------------------- -------------------------------------------
b) Initial notification Initial
/Amendment
----------------------- -------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
--------------------------------------------------------------------
a) Name IQGEO Group plc
----------------------- -------------------------------------------
b) LEI 213800P2PCLCEFANB194
----------------------- -------------------------------------------
Details of the transaction(s): section to be repeated for
4 (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
--------------------------------------------------------------------
a) Description 2p Ordinary Shares
of the financial
instrument,
type of instrument ISIN: GB00B3NCXX73
Identification
code
----------------------- -------------------------------------------
b) Nature of the Purchase of Ordinary Shares
transaction
----------------------- -------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) 299 pence 3,406
----------
----------------------- -------------------------------------------
d) Aggregated information As above in 4(c)
- Aggregated
volume
- Price
----------------------- -------------------------------------------
e) Date of the 3 August 2023
transaction
----------------------- -------------------------------------------
f) Place of the London Stock Exchange, AIM Market (XLON)
transaction
----------------------- -------------------------------------------
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END
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