Sumo Group PLC Directors' Dealings (5924A)
January 22 2020 - 4:23AM
UK Regulatory
TIDMSUMO
RNS Number : 5924A
Sumo Group PLC
22 January 2020
22 January 2020
Sumo Group plc
("Sumo Group" or the "Company")
Directors' Dealings
Sumo Group announces that Carl Cavers, Chief Executive Officer,
and Paul Porter, Chief Operating Officer, have each sold 500,000
ordinary shares of 1 penny each in the Company ("Ordinary Shares")
and that David Wilton, Chief Financial Officer has purchased 5,000
Ordinary Shares.
These sales and purchase took place on 22 January 2020. The
sales took place at a price of 195 pence per Ordinary Share and the
purchase took place at a price of 199.8731 pence per Ordinary
Share.
Following these transactions, Carl Cavers' interest in Ordinary
Shares is 4,650,116 representing 3.09 per cent. of the Company's
issued Ordinary Share capital, Paul Porter's interest in Ordinary
Shares is 4,503,724 representing 2.99 per cent. of the Company's
issued Ordinary Share capital and David Wilton's interest in
Ordinary Shares is 335,709 representing 0.22 per cent. of the
Company's issued Ordinary Share capital.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
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 Carl Cavers
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Sumo Group plc
b) LEI 213800LTZXJCG5QKIM14
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 GBP0.01
type of instrument
Identification code SUMO
b) Nature of transaction Sale
c) Price(s) and volume(s) Price Volume
195p 500,000
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 22 January 2020
f) Place of the transaction London Stock Exchange,
AIM
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 Paul Porter
2 Reason for the notification
a) Position/status Chief Operating Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Sumo Group plc
b) LEI 213800LTZXJCG5QKIM14
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 GBP0.01
type of instrument
Identification code SUMO
b) Nature of transaction Sale
c) Price(s) and volume(s) Price Volume
195p 500,000
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 22 January 2020
f) Place of the transaction London Stock Exchange,
AIM
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name David Wilton
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Sumo Group plc
b) LEI 213800LTZXJCG5QKIM14
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 GBP0.01
type of instrument
Identification code SUMO
b) Nature of transaction Purchase
c) Price(s) and volume(s) Price Volume
199.8731p 5,000
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 22 January 2020
f) Place of the transaction London Stock Exchange,
AIM
Enquiries:
Sumo Group plc Tel: +44 (0) 114 242 6766
Carl Cavers, Chief Executive Officer
David Wilton, Chief Financial Officer
Zeus Capital Limited (Nominated Adviser
& Broker)
Nick Cowles / Andrew Jones Tel: +44 (0) 161 831 1512
Ben Robertson / John Goold Tel: +44 (0) 203 829 5000
Belvedere Communications Limited
Cat Valentine (cvalentine@belvederepr.com) Tel: +44 (0) 7715 769 078
Keeley Clarke (kclarke@belvederepr.com) Tel: +44 (0) 7967 816 525
Llew Angus (langus@belvederepr.com) Tel: +44 (0) 7407 023 147
About Sumo Group - www.sumogroupplc.com
Sumo Group's businesses provide acclaimed development and design
services to the video games and entertainment industries from
studios in the UK, India, and Canada.
Sumo Digital, as the group's primary business, is one of the
UK's largest independent developers of AAA-rated video games,
having studios in Sheffield, Newcastle, Nottingham, Brighton,
Leeds, Leamington Spa, Warrington and Pune, India. The business has
acquired two studios since IPO, which operate under their own
names, BAFTA award-winning The Chinese Room and Red Kite Games.
Sumo Digital provides turnkey and co-development solutions to a
global blue-chip client base.
Atomhawk is a multi-award-winning visual design company, with
studios in Newcastle and in Vancouver (Canada), servicing the
games, film and visual effects industries.
Together, the Group delivers full-spectrum visual and
development solutions, which include initial visual concepts,
conceiving new products and game development involving all aspects
of pre-production, production & development, as well as
supporting games as a service.
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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