Arcontech Group PLC Issue of Equity & Director/PDMR Shareholding (4840T)
13 October 2017 - 1:32AM
UK Regulatory
TIDMARC
RNS Number : 4840T
Arcontech Group PLC
12 October 2017
ARCONTECH GROUP PLC
("Arcontech", the "Company" or the "Group")
Issue of Equity & Director/PDMR Shareholding
Arcontech (AIM: ARC), the provider of products and services for
real-time financial market data processing and trading, announces
that it has applied to the London Stock Exchange for 174,603
ordinary shares of GBP0.125 each in the Company ("Ordinary Shares")
to be admitted to trading on AIM ("Admission"). The new Ordinary
Shares are being issued subsequent to an exercise of options over
Ordinary Shares at a price of 17.5p by Richard Last, Non-Executive
Chairman of the Company and Michael Levy, Finance Director of the
Company.
Director Ordinary Options Ordinary Percentage
Shares held over Ordinary Shares held of issued
prior to Shares exercised on Admission share capital
exercise held on
Admission
---------- ------------- ------------------ -------------- ---------------
Richard
Last 1,596,421 95,238 1,691,659 13.2%
---------- ------------- ------------------ -------------- ---------------
Michael
Levy 50,295 79,365 129,660 1.0%
---------- ------------- ------------------ -------------- ---------------
It is expected that Admission will become effective and trading
will commence in the new Ordinary Shares at 8.00 a.m. on 18 October
2017. On Admission the Company's issued share capital will comprise
12,802,994 Ordinary Shares, of which none are held in treasury.
Therefore the total number of Ordinary Shares in the Company with
voting rights will be 12,802,994. This figure may be used by
shareholders in the Company 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 share capital of
the Company under the FCA's Disclosure Guidance and Transparency
Rules.
Enquiries:
020 7256
Arcontech Group plc 2300
Richard Last, Chairman and
Non-Executive Director
Matthew Jeffs, Chief Executive
020 7220
finnCap Ltd (Nomad & Broker) 0500
Carl Holmes/Simon Hicks
To access more information on the Group please visit:
www.arcontech.com
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 Richard Last - Non-Executive
Chairman
Michael Levy - Finance Director
--- ------------------------------- -----------------------------------
2. Reason for the Notification
--- --------------------------------------------------------------------
a) Position/status See 1(a) - PDMR's of the Company
--- ------------------------------- -----------------------------------
b) Initial notification/Amendment Initial notification
--- ------------------------------- -----------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- --------------------------------------------------------------------
a) Name Arcontech Group Plc
--- ------------------------------- -----------------------------------
b) LEI 213800O7PM9V79TP7523
--- ------------------------------- -----------------------------------
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 Ordinary Shares of GBP0.125
the Financial
instrument, type
of instrument
---
Identification GB0003353371
code
--- ------------------------------- -----------------------------------
b) Nature of the Exercise of Options over Ordinary
transaction Shares
--- ------------------------------- -----------------------------------
c) Price(s) and Richard Last Price(s) Volume(s)
volume(s) --------- ----------
17.5p 95,238
--------- ----------
Michael Levy Price(s) Volume(s)
--------- ----------
17.5p 79,365
--------- ----------
--- ------------------------------- -----------------------------------
d) Aggregated information: See 4(c)
* Aggregated volume
* Price
--- ------------------------------- -----------------------------------
e) Date of the transaction 18 October 2017
--- ------------------------------- -----------------------------------
f) Place of the London Stock Exchange, AIM
transaction Market (XLON)
--- ------------------------------- -----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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