Dods Group PLC Issue of Shares and Director / PDMR Dealing (3964U)
July 29 2020 - 1:00AM
UK Regulatory
TIDMDODS
RNS Number : 3964U
Dods Group PLC
29 July 2020
29 July 2020
Dods Group plc
("Dods" or "the Group" or "the Company")
Issue of Shares and Director / PDMR Dealing
Further to the announcement dated 28(th) June 2019 the Company
is pleased to confirm the allotment of 26,141,667 new ordinary
shares ("Shares") in connection with its deferred consideration
obligations entered into as part of the Company's acquisition of
Meritgroup Limited. Such Shares form part of the total
consideration communicated at the time of the announcement of the
acquisition (and, specifically, represent the share consideration
payable by the Company on the first anniversary of completion of
the acquisition). The following individuals have been allotted
Shares:
- Cornelius ("Con") Anthony Conlon 13,333,819 Shares;
- Anthony Buttanshaw 9,734,895 Shares;
- Benjamin Tindall 3,072,953 Shares.
Following this issue of shares, Mr. Conlon is interested in
20,329,675 shares representing 3.5 % of the Company's issued share
capital.
An application has been made for 26,141,667 Shares to be
admitted to trading on AIM (Admission), which is expected to take
place at 8.00 a.m. on 3 August 2020.
Following Admission, the Company's issued ordinary share capital
will comprise 582,071,380 ordinary shares of 1 pence each in the
capital of the Company, of which none are held in treasury. The
above figure of 582,071,380 may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the voting rights of the Company under the FCA's
Disclosure Guidance and Transparency Rules.
Con Conlon is Managing Director of Dods Technology and was
appointed to the Group Board on 1st July 2020. Together with Munira
Ibrahim (Managing Director of Dods Intelligence) he is responsible
for managing the group and its future development.
Both Con and Munira are therefore people discharging managerial
responsibilities.
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 Cornelius Anthony Conlon
------------------------------- ----------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Executive Director
------------------------------- ----------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------- ----------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Dods Group plc
------------------------------- ----------------------------------
b) LEI 213800HG65J6TYGNJU20
------------------------------- ----------------------------------
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
financial instrument, Ordinary shares of 1p each
type of instrument
ISIN: GB0031129579
Identification code
------------------------------- ----------------------------------
b) Nature of the transaction Issue of shares
------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
NA 26,141,667
-----------
------------------------------- ----------------------------------
d) Aggregated information
n/a (single transaction)
- Aggregated volume
- Price
------------------------------- ----------------------------------
e) Date of the transaction 3 August 2020
------------------------------- ----------------------------------
f) Place of the transaction Outside of trading venue
------------------------------- ----------------------------------
For further information, please contact:
Dods Group plc
Mark Smith - Interim Non-Executive Chairman 020 7593 5500
www.dodsgroup.com
Liberum (Nomad and Broker)
Neil Patel 020 3100 2000
Cameron Duncan
Louis Davies
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.
END
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