Blancco Technology Group PLC Directors' Dealing (4869C)
11 October 2022 - 8:06PM
UK Regulatory
TIDMBLTG
RNS Number : 4869C
Blancco Technology Group PLC
11 October 2022
BLANCCO TECHNOLOGY GROUP PLC
(the "Company")
Directors' Dealing
The Company announces that, following the vesting of a
conditional share award under the Company's performance share plan
(as notified to the market on 30 September 2022) Matt Jones, Chief
Executive Officer, sold 108,000 Ordinary Shares yesterday to cover
his tax liability in relation to the award. The Ordinary Shares
were sold at a price of 181.5 pence per share. Matt now holds
469,588 Ordinary Shares in the Company, representing 0.62% of the
issued share capital.
The Company also announces that, following vesting of an award
under the Company's performance share plan and a subsequent
exercise of nil cost options (as notified to the market on 30
September 2022) Adam Moloney, Chief Financial Executive Officer,
sold 36,789 Ordinary Shares yesterday to cover his tax liability in
relation to the award. The Ordinary Shares were sold at a price of
181.5 pence per share. Adam now holds 216,105 Ordinary Shares in
the Company, representing 0.29% of the issued share capital.
The notifications below, made in accordance with the
requirements of the Market Abuse Regulation (Regulation (EU)
No.596/2014) as it forms part of UK Domestic Law by virtue of the
European Union (Withdrawal) Act 2018, provide further detail in
respect of the transactions described above.
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Matt Jones
-------------------------------------- -------------------------------
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: 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 Ordinary Shares of 2p each
instrument, type of instrument: GB00B06GNN57
Identification code:
-------------------------------------- -------------------------------
b) Nature of the transaction: Sale
-------------------------------------- -------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
181.5p 108,000
----------
-------------------------------------- -------------------------------
d) Aggregated information: Single transaction as in
* Aggregated volume: 4 c) above
108,000
181.5p
* Price:
-------------------------------------- -------------------------------
e) Date of the transaction: 2022-10-10
-------------------------------------- -------------------------------
f) Place of the transaction: London Stock Exchange, AIM
Market (XLON)
-------------------------------------- -------------------------------
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 Ordinary Shares of 2p each
instrument, type of instrument: GB00B06GNN57
Identification code:
-------------------------------------- -------------------------------
b) Nature of the transaction: Sale
-------------------------------------- -------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
181.5p 36,789
----------
-------------------------------------- -------------------------------
d) Aggregated information: Single transaction as in
* Aggregated volume: 4 c) above
36,789
181.5p
* Price:
-------------------------------------- -------------------------------
e) Date of the transaction: 2022-10-10
-------------------------------------- -------------------------------
f) Place of the transaction: London Stock Exchange, AIM
Market (XLON)
-------------------------------------- -------------------------------
For further information:
Blancco Technology Group plc
Matt Jones, Chief Executive Officer
Adam Moloney, Chief Financial Officer
Lorraine Young, Company Secretary Via Buchanan
Peel Hunt (Nominated Advisor & Joint
Broker) +44 (0) 20 7 4 18 8900
Paul Gillam / James Smith
Investec Bank plc (Joint Broker)
Patrick Robb / Nick Prowting +44 (0) 20 7597 5970
Buchanan Communications Limited
Chris Lane / Stephanie Whitmore /
Jack Devoy
blancco@buchanan.uk.com +44 (0) 20 7466 5000
About Blancco
Blancco Technology Group plc is a leading global provider of
mobile lifecycle solutions and secure data erasure solutions. For
more information, please visit www.blancco.com .
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END
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