TIDMBLTG

RNS Number : 8702V

Blancco Technology Group PLC

26 July 2018

BLANCCO TECHNOLOGY GROUP PLC

(the "Company")

Director's Dealing

The Company announces that Adam Moloney, Chief Financial Officer, was yesterday granted a conditional award over 302,632 ordinary shares of 2p each in the Company ("Ordinary Shares") under the Company's performance share plan. This plan is subject to various performance criteria being met over a period of three years.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transaction described above.

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                                          Adam Moloney 
     -------------------------------------------------------------  -------------------------------- 
 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:                                                          Blancco Technology Group plc 
     -------------------------------------------------------------  -------------------------------- 
 b)   LEI:                                                           2138008487QKMQTA5428 
     -------------------------------------------------------------  -------------------------------- 
 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, type of instrument:   Ordinary Shares of 2p each 
       Identification code:                                           GB00B06GNN57 
     -------------------------------------------------------------  -------------------------------- 
 b)   Nature of the transaction:                                     Grant of performance share plan 
                                                                      award 
     -------------------------------------------------------------  -------------------------------- 
 c)   Price(s) and volume(s):                                          Price(s)    Volume(s) 
                                                                        nil         302,632 
                                                                                   ---------- 
     -------------------------------------------------------------  -------------------------------- 
 d)   Aggregated information:                                        Single transaction as in 4 c) 
        *    Aggregated volume:                                       above 
                                                                      302,632 
                                                                      nil 
        *    Price: 
     -------------------------------------------------------------  -------------------------------- 
 e)   Date of the transaction:                                       2018-07-25 
     -------------------------------------------------------------  -------------------------------- 
 f)   Place of the transaction:                                      Outside of a trading venue 
     -------------------------------------------------------------  -------------------------------- 
 

Enquiries:

Blancco Technology Group Plc +44 (0) 20 3657 7000

Matt Jones, Chief Executive Officer

Adam Moloney, Chief Financial Officer

Peel Hunt LLP (Nominated Adviser and Broker) +44 (0) 20 7418 8900

Edward Knight

Nick Prowting

Panmure Gordon (UK) Limited (Joint Broker) +44 (0) 20 7886 2500

Dominic Morley, Corporate Finance

Charles Leigh Pemberton, Corporate Broking

Tulchan Communications +44 (0) 20 7353 4200

James Macey White

Matt Low

About Blancco:

Blancco Technology Group is a leading global provider of mobile device diagnostics and secure data erasure solutions. For more information, please visit www.blancco.com

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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