TIDMMODE

RNS Number : 0469V

Mode Global Holdings PLC

09 April 2021

Mode Global Holdings PLC

9 April 2021

Mode Global Holdings PLC

Director's share disposal

 
 
  Mode Global Holdings Plc (LSE:MODE) announces that it has received notification that Jonathan Rowland, Executive 
  Chairman, has transferred 18,973,559 ordinary shares of GBP0.01p 
  each ("Ordinary Shares") ("Shareholding") for nil Consideration to JR Spac 1 Limited, a company wholly owned by Mr 
  Rowland. 
 
  Following the transfer, Mr Rowland will continue to be beneficially interested in 18,973,559 Ordinary Shares, 
  representing 20.75% of the issued share capital of the Company. The 
  notification below provides further detail. 
 
  JR Spac 1 Limited and Mr Rowland have entered into a revised lock-in arrangement with the Company in respect of the 
  Shareholding pursuant to which, subject to market standard exceptions, 
  no disposal of the Shareholding can take place prior to 5 March 2023, an extension of 6 months to Mr Rowland's 
  original lock in entered into at the time of the Company's IPO. 
 
 
 Enquiries 
 
  For further information please visit www.modeapp.com or contact: 
 (IR/PR Contact)                                                     Tel: 020 7379 5151 
  Maitland/AMO 
  Neil Bennett/James Isola 
  Mode@maitland.co.uk 
 Alfred Henry Corporate Finance Limited (Financial Adviser)          Tel: 020 3772 0021 
  Nick Michaels/Jon Isaacs 
 Peterhouse Capital Limited                                          Tel: 020 7469 0930 
  Lucy Williams/Charles Goodfellow/Duncan Vasey 
 
 
 Notification 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                            Jonathan Rowland 
     ------------------------------  ----------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status                 Executive Chairman 
     ------------------------------  ----------------------------------------- 
 b)   Initial notification            Initial notification 
       /Amendment 
     ------------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a)   Name                            Mode Global Holdings Plc 
     ------------------------------  ----------------------------------------- 
 b)   LEI                             2138001BLO7EORII7E91 
     ------------------------------  ----------------------------------------- 
 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 GBP0.01 par each 
       financial instrument, 
       type of instrument 
                                       GB00BKX8NT01 
       Identification code 
     ------------------------------  ----------------------------------------- 
 b)   Nature of the transaction       Disposal of Ordinary Shares 
     ------------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                         Nil         18,973,559 
                                                    ----------- 
     ------------------------------  ----------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume              18,973,559 
 
       - Price                          Nil 
     ------------------------------  ----------------------------------------- 
 e)   Date of the transaction         02/04/2021 
     ------------------------------  ----------------------------------------- 
 f)   Place of the transaction        London Stock Exchange 
     ------------------------------  -----------------------------------------

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END

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April 09, 2021 12:45 ET (16:45 GMT)

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