TIDMLOOP
RNS Number : 9925S
LoopUp Group PLC
19 November 2021
19 November 2021
LoopUp Group plc
("LoopUp" or the "Group")
PDMR Dealings and Total Voting Rights
LoopUp Group plc (AIM: LOOP), the cloud platform for premium
specialist communications, announces that a total of 785,882 New
Ordinary Shares have been allotted to participants pursuant to the
Employee Stock Purchase Plan (the "ESPP"), whereby employees may
elect to sacrifice up to 25 percent of their salary in return for
the allotment of New Ordinary Shares.
PDMR Dealings
Certain PDMRs have participated in the ESPP, and as a result of
such participation, have elected to sell sufficient number of New
Ordinary Shares to cover their respective tax liability. The
following PDMR dealings in relation to the New Ordinary Shares have
taken place:
Shares
-----------------------------------------------------------------------------------
New Ordinary Total shares
Shares New Ordinary as a % of
initially Shares sold New Ordinary Total number issued share
allotted (to cover ESPP Shares held of shares held capital
Name Title (ESPP) tax) (after ESPP tax) (all holdings)
Steve Flavell co-CEO 65,296 30,921 34,375 2,660,250 2.74%
Michael Hughes co-CEO 58,028 17,744 40,284 2,657,183 2.74%
Marcus Greensit COO 20,440 9,680 10,760 67,003 0.07%
Alex
Breen CPO 51,811 15,705 36,106 488,313 0.50%
Robert Jardine CMO 18,169 8,604 9,565 32,065 0.03%
Dave EVP, Network
Carroll Operations 35,487 15,017 20,470 20,470 0.02%
General
Edward Cooper Counsel 13,627 5,766 7,861 11,375 0.01%
Total Voting Rights
As a result of this issue, the total number of ordinary shares
in issue now stands at 97,001,114 and the total number of voting
rights in the Company is therefore 97,001,114. No ordinary shares
are held in treasury.
The above figure of 97,001,114 may be used by shareholders as
the denominator for the calculation by which they may determine if
they are required to notify their interest in, or change to their
interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.
The FCA notification, made in accordance with the UK version of
the requirements of the EU Market Abuse Regulation (as part of UK
law by virtue of the European Union (Withdrawal) Act 2018), is
appended below.
Enquiries:
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 3727
FTI Consulting, LLP 1000
Matt Dixon / Jamille Smith / Tom Blundell
About LoopUp Group plc:
LoopUp (LSE AIM: LOOP) is a cloud platform for premium
specialist communications, focusing on capabilities that complement
foundational unified communications platforms, such as Microsoft
Teams. The Group's flagship Cloud Telephony solution for Microsoft
Teams enables enterprise customers to eliminate disparate
on-premises phone systems and multiple telecommunications service
providers, and consolidate their global telecommunications into a
single cloud implementation. LoopUp's global IP backbone
interconnects with 18 carefully selected regional carrier partners
and the Group has market-leading coverage as a licensed
telecommunications service provider. The Group is listed on the AIM
market of the London Stock Exchange (LOOP) and is headquartered in
London, with offices in the US, Spain, Germany, Hong Kong, Barbados
and Australia. 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 1. Steve Flavell
2. Michael Hughes
3. Marcus Greensit
4. Alex Breen
5. Robert Jardine
6. Dave Carroll
7. Edward Cooper
-------------------------- ------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------
a) Position/status Classified as PDMRs of the Company
-------------------------- ------------------------------------------------
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 Allotment and part sale pursuant to a
group Employee Share Purchase Plan
-------------------------- ------------------------------------------------
d) Price(s) and volume(s) Initial allotment
Sale (cover tax) Price(s) Volume(s)
1. 22.015p 65,296
-------- ----------
2. 22.015p 58,028
-------- ----------
3. 22.015p 20,440
-------- ----------
4. 22.015p 51,811
-------- ----------
5. 22.015p 18,169
-------- ----------
6. 22.015p 35,487
-------- ----------
7. 22.015p 13,627
-------- ----------
Price(s) - Volume(s)
average
1. 21.697p Sale of 30,921
-------- ---------------
2. 21.697p Sale of 17,744
-------- ---------------
3. 21.697p Sale of 9,680
-------- ---------------
4. 21.697p Sale of 15,705
-------- ---------------
5. 21.697p Sale of 8,604
-------- ---------------
6. 21.697p Sale of 15,017
-------- ---------------
7. 21.697p Sale of 5,766
-------- ---------------
-------------------------- ------------------------------------------------
d) Aggregated information 262,858 ordinary shares allotted at 22.015p.
- Aggregated volume 103,436 ordinary shares sold (to cover
- Price tax) at 22.015p
-------------------------- ------------------------------------------------
e) Date of the transaction 18 November 2021
-------------------------- ------------------------------------------------
f) Place of the transaction London Stock Exchange
-------------------------- ------------------------------------------------
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END
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