LoopUp Group PLC Issue of Equity and PDMR Dealing (1550B)
October 05 2020 - 11:36AM
UK Regulatory
TIDMLOOP
RNS Number : 1550B
LoopUp Group PLC
05 October 2020
5 October 2020
LOOPUP GROUP PLC
("LoopUp Group" or the "Company")
Issue of Equity and PDMR Dealing
LoopUp Group plc (LSE AIM: LOOP) announces that the Company has
issued 73,833 new ordinary shares of 0.5 pence each ("Ordinary
Shares") as a result of an exercise of share options by employees
and ex-employees of the LoopUp Group.
Issue of Equity
Application has been made for the 73,833 new Ordinary Shares to
be admitted to trading on AIM. It is expected that dealings in
these new Ordinary Shares will commence on 9 October 2020
("Admission"). The new Ordinary Shares will rank pari passu with
the existing Ordinary Shares.
Following Admission, the Company will have in issue a total of
55,441,182 Ordinary Shares. The Company does not hold any Ordinary
Shares in treasury.
PDMR Dealings
The Company further announces that a PDMR, Marcus Greensit, has
sold 100,000 Ordinary Shares. Following this sale of shares, Mr.
Greensit will hold options over 499,000 Ordinary Shares and will
hold 56,243 Ordinary Shares representing 0.10% of the Company's
issued share capital following Admission.
The FCA notification, made in accordance with the requirements
of the EU Market Abuse Regulation is appended below.
For further information, please contact:
LoopUp Group plc via FTI
Steve Flavell, co-CEO
+44 (0) 20 7886
Panmure Gordon (UK) Limited 2500
Dominic Morley / Alina Vaskina (Corporate
Finance)
Erik Anderson (Corporate Broking)
+44 (0) 20 7260
Numis Securities Limited 1000
Simon Willis / Jonny Abbott (Corporate Finance)
+44 (0) 20 3727
FTI Consulting, LLP 1000
Matt Dixon / Emma Hall / Jamille Smith / Shamma
Kelly
About LoopUp Group plc:
LoopUp (LSE AIM: LOOP) is a premium cloud communications
solution for business-critical external communications. The
solution combines premium remote meetings with inbound and outbound
cloud voice services via Direct Routing integration with Microsoft
Teams. Our customers benefit from a global fully-managed service,
and an emphasis on security, reliability and simplicity, delivered
with deep domain expertise and caring customer support. We're proud
to be trusted provider to over 5,000 organisations worldwide,
including more than 20 of both the world's top-100 law firms and
top-100 private equity firms, as well as enterprises such as
Travelex, Kia Motors, Planet Hollywood and National Geographic. The
Group is headquartered in London, with offices in San Francisco,
New York, Boston, Chicago, Dallas, Los Angeles, Denver, Cardiff,
Milton Keynes, Madrid, Berlin, Malmo, Hong Kong, Sydney and
Barbados, and is listed on the AIM market of the London Stock
Exchange (LOOP). For further information, please visit:
www.loopup.com .
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Names Marcus Greensit
------------------------------ --------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status PDMR
------------------------------ --------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------ --------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------
a) Name LoopUp Group plc
------------------------------ --------------------------------
b) LEI 21380063DQ4WXDQLYB80
------------------------------ --------------------------------
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 0.5p each
financial instrument,
type of instrument
------------------------------ --------------------------------
b) Identification code GB00BYQP6S60
------------------------------ --------------------------------
c) Nature of the transaction Sale of Ordinary Shares
------------------------------ --------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
225.00p 100,000
----------
------------------------------ --------------------------------
d) Aggregated information 100,000 Ordinary Shares
- Aggregated volume
- Price Price of 225.00p per share
------------------------------ --------------------------------
e) Date of the transaction 5 October 2020
------------------------------ --------------------------------
f) Place of the transaction London Stock Exchange
------------------------------ --------------------------------
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