TIDMLOOP
RNS Number : 9350R
LoopUp Group PLC
31 October 2023
31 October 2023
LoopUp Group plc
("LoopUp" or the "Group")
PDMR Dealings and Total Voting Rights
LoopUp Group plc (AIM: LOOP), the cloud platform for premium
hybrid communications, announces that a total of 6,978,060 shares
("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 per cent of their salary in return
for the allotment of New Ordinary Shares .
The participation of employees in the ESPP remains strong since
its launch in July 2021 reflecting the continued enthusiasm of
employees to own shares in LoopUp. The Directors believe this is an
effective way to reward and retain employees whilst ensuring they
are aligned to the success of the Company.
PDMR Dealings
The following PDMRs elected to participate in the ESPP in July
2023 and their holdings have increased in accordance with the Rules
of the ESPP as follows:
Shares held
Net as a % of
Additional Shares sold additional total
Shares held shares (primarily to shares Shares held issued
before initially cover tax issued (or after share
Name Title dealing issued liability) sold) dealing capital
Michael
Hughes co-CEO 5,097,009 993,584 442,883 550,701 5,647,710 2.76%
Steve Flavell co-CEO 3,360,484 1,255,403 547,065 708,338 4,068,822 1.99%
Marcus
Greensit COO 403,218 207,790 90,548 117,242 520,460 0.25%
General
Edward Cooper Counsel 578,211 346,318 150,914 195,404 773,615 0.38%
Total Voting Rights
As a result of this issue, the total number of ordinary shares
in issue now stands at 204,894,503 shares and the total number of
voting rights in the Company is therefore 204,894,503. No ordinary
shares are held in treasury.
The above figure of 204,894,503 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.
LoopUp Group plc via FTI
Steve Flavell, co-CEO
+44 (0) 20 7886
Panmure Gordon (UK) Limited 2500
Dominic Morley / Ivo Macdonald (Corporate
Finance)
+44 (0) 20 7397
Cavendish Securities plc 8900
Giles Balleny / Dan Hodkinson (Corporate Finance)
Dale Bellis (Sales)
+44 (0) 20 3727
FTI Consulting, LLP 1000
Emma Hall / Jamille Smith / Tom Blundell
About LoopUp Group plc
LoopUp (LSE AIM: LOOP) is a cloud platform for premium hybrid
communications. The Group's flagship Cloud Telephony solution for
Microsoft Teams enables multinational enterprises to consolidate
their global telephony provision into a single, consistently
managed cloud implementation rather than disparate implementations
from multiple carriers. The Group is listed on the AIM market of
the London Stock Exchange 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. Michael Hughes
2. Steve Flavell
3. Marcus Greensit
4. Edward Cooper
-------------------------- ---------------------------------------------
Reason for the notification
2
-------------------------------------------------------------------------
a) Position/status Classified as PDMRs of the Company
-------------------------- ---------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- ---------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------
a) Name LoopUp Group plc
-------------------------- ---------------------------------------------
b) LEI 21380063DQ4WXDQLYB80
-------------------------- ---------------------------------------------
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 of the Ordinary shares of 0.5p
financial instrument,
type of instrument
-------------------------- ---------------------------------------------
b) Identification code GB00BYQP6S60
-------------------------- ---------------------------------------------
c) Nature of the transaction Allotment and part sale pursuant to the
Employee Share Purchase Plan
-------------------------- ---------------------------------------------
d) Price(s) and volume(s) Volume(s) Price
Allotment Sale
---------- --------
1. 993,584 442,883 1.70p
---------- -------- ------
2. 1,255,403 547,065 1.70p
---------- -------- ------
3. 207,790 90,548 1.70p
---------- -------- ------
4. 346,318 150,914 1.70p
---------- -------- ------
-------------------------- ---------------------------------------------
d) Aggregated information 2,803,095 shares allotted of which 1,231,410
- Aggregated volume have been sold primarily to cover tax
- Price liabilities at a price of 1.70 p per
share.
-------------------------- ---------------------------------------------
e) Date of the transaction 26 October 2023
-------------------------- ---------------------------------------------
f) Place of the transaction London Stock Exchange
-------------------------- ---------------------------------------------
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHFLFSDIFLLVIV
(END) Dow Jones Newswires
October 31, 2023 13:44 ET (17:44 GMT)
Loopup (LSE:LOOP)
Historical Stock Chart
From Mar 2024 to Apr 2024
Loopup (LSE:LOOP)
Historical Stock Chart
From Apr 2023 to Apr 2024
