TIDMBIDS

RNS Number : 2669G

Bidstack Group PLC

23 July 2021

23 July 2021

Bidstack Group PLC ("Bidstack or "the Company")

Director/PDMR Shareholdings

Further to the Company's announcement on 23 July 2021 of the Admission of the New Ordinary Shares arising from the Company's Placing with institutional and other investors and the Subscription by certain directors and others, announced on 2 July 2021 raising a combined total of GBP10.8 million (before expenses) at a price of 2 pence per share, a s part of the Subscription Donald Stewart, Chairman of Bidstack, has subscribed for 1,500,000 New Ordinary Shares, John McIntosh, Director, has subscribed for 1,000,000 New Ordinary, Lisa Hau, Director, has subscribed for 1,000,000 New Ordinary Shares and Bryan Neider, non-Executive Director, has subscribed for 750,000 New Ordinary Shares.

Following Admission, the Directors' interests in Ordinary Shares are as follows:

 
                          Total number of         Proportion of the 
 Director                  Ordinary Shares    Enlarged Share Capital (%) 
 Donald Stewart                  3,524,876                         0.38% 
 James Draper                   39,760,562                         4.27% 
 Francesco Petruzzelli           5,750,000                         0.62% 
 John McIntosh                   1,950,000                         0.21% 
 Lisa Hau                        1,125,000                         0.12% 
 Glen Calvert                            -                             - 
 Bryan Neider                      750,000                         0.08% 
 Total:                         52,860,438                         5.68% 
 

The Company announces the following Director/PDMR Shareholding dealings in accordance with Article 19 of the Market Abuse Regulation:

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)    Name                            Donald Stewart 
     -------------------------------  --------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                  Non-Executive Chairman 
     -------------------------------  --------------------------------------- 
 b)   Initial notification/Amendment   Initial Notification 
     -------------------------------  --------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                             Bidstack Group Plc 
     -------------------------------  --------------------------------------- 
 b)   LEI                              213800Q47UWF61LMRR02 
     -------------------------------  --------------------------------------- 
 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     Ordinary Shares of 0.5 pence each 
       instrument 
     -------------------------------  --------------------------------------- 
 b)   Identification code              GB00BZ7M6059 
     -------------------------------  --------------------------------------- 
 c)   Nature of the transactions       Director participating in subscription 
     -------------------------------  --------------------------------------- 
 d)   Price(s) and volume(s)           Price: 2 pence per share 
                                        Volume: 1,500,000 shares 
     -------------------------------  --------------------------------------- 
 e)   Aggregated information           As for d) above 
       - Aggregated volume 
       - Price 
     -------------------------------  --------------------------------------- 
 f)   Date of the transactions         23 July 2021 
     -------------------------------  --------------------------------------- 
 f)   Place of the transactions        Off-market 
     -------------------------------  --------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)    Name                            John McIntosh 
     -------------------------------  --------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                  Finance Director 
     -------------------------------  --------------------------------------- 
 b)   Initial notification/Amendment   Initial Notification 
     -------------------------------  --------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                             Bidstack Group Plc 
     -------------------------------  --------------------------------------- 
 b)   LEI                              213800Q47UWF61LMRR02 
     -------------------------------  --------------------------------------- 
 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     Ordinary Shares of 0.5 pence each 
       instrument 
     -------------------------------  --------------------------------------- 
 b)   Identification code              GB00BZ7M6059 
     -------------------------------  --------------------------------------- 
 c)   Nature of the transactions       Director participating in subscription 
     -------------------------------  --------------------------------------- 
 d)   Price(s) and volume(s)           Price: 2 pence per share 
                                        Volume: 1,000,000 shares 
     -------------------------------  --------------------------------------- 
 e)   Aggregated information           As for d) above 
       - Aggregated volume 
       - Price 
     -------------------------------  --------------------------------------- 
 f)   Date of the transactions         23 July 2021 
     -------------------------------  --------------------------------------- 
 f)   Place of the transactions        Off-market 
     -------------------------------  --------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)    Name                            Lisa Hau 
     -------------------------------  --------------------------------------- 
 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                             Bidstack Group Plc 
     -------------------------------  --------------------------------------- 
 b)   LEI                              213800Q47UWF61LMRR02 
     -------------------------------  --------------------------------------- 
 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     Ordinary Shares of 0.5 pence each 
       instrument 
     -------------------------------  --------------------------------------- 
 b)   Identification code              GB00BZ7M6059 
     -------------------------------  --------------------------------------- 
 c)   Nature of the transactions       Director participating in subscription 
     -------------------------------  --------------------------------------- 
 d)   Price(s) and volume(s)           Price: 2 pence per share 
                                        Volume: 1,000,000 shares 
     -------------------------------  --------------------------------------- 
 e)   Aggregated information           As for d) above 
       - Aggregated volume 
       - Price 
     -------------------------------  --------------------------------------- 
 f)   Date of the transactions         23 July 2021 
     -------------------------------  --------------------------------------- 
 f)   Place of the transactions        Off-market 
     -------------------------------  --------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)    Name                            Bryan Neider 
     -------------------------------  --------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                  Non-Executive Director 
     -------------------------------  --------------------------------------- 
 b)   Initial notification/Amendment   Initial Notification 
     -------------------------------  --------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                             Bidstack Group Plc 
     -------------------------------  --------------------------------------- 
 b)   LEI                              213800Q47UWF61LMRR02 
     -------------------------------  --------------------------------------- 
 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     Ordinary Shares of 0.5 pence each 
       instrument 
     -------------------------------  --------------------------------------- 
 b)   Identification code              GB00BZ7M6059 
     -------------------------------  --------------------------------------- 
 c)   Nature of the transactions       Director participating in subscription 
     -------------------------------  --------------------------------------- 
 d)   Price(s) and volume(s)           Price: 2 pence per share 
                                        Volume: 750,000 shares 
     -------------------------------  --------------------------------------- 
 e)   Aggregated information           As for d) above 
       - Aggregated volume 
       - Price 
     -------------------------------  --------------------------------------- 
 f)   Date of the transactions         23 July 2021 
     -------------------------------  --------------------------------------- 
 f)   Place of the transactions        Off-market 
     -------------------------------  --------------------------------------- 
 

ENDS

Contacts

 
  Bidstack Group Plc 
   James Draper, CEO                               via Buchanan 
  SPARK Advisory Partners Limited (Nomad)        +44 (0) 203 368 
   Mark Brady / Neil Baldwin / James Keeshan      3550 
 
                                                   +44 (0) 20 7397 
                                                   1933 
  Cenkos Securities Plc (Joint Broker)             +44 (0) 20 7397 
   Michael Johnson / Dale Bellis (Sales)           1928 
                                                   +44 (0) 20 7397 
   Giles Balleny (Corporate Finance)               8951 
  Stifel Nicolaus Europe Limited (Joint 
   Broker)                                         +44 (0) 20 7710 
   Fred Walsh / Luisa Orsini Baroni                7600 
  Buchanan Communications Limited 
   Chris Lane / Stephanie Watson / Kim van 
   Beeck                                           +44 (0) 20 7466 
   bidstack@buchanan.uk.com                        5000 
 

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END

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July 23, 2021 03:23 ET (07:23 GMT)

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