Globo plc Director share dealings (3910D)
26 October 2015 - 7:27PM
UK Regulatory
TIDMGBO
RNS Number : 3910D
Globo plc
26 October 2015
26 October 2015
FOR IMMEDIATE RELEASE 26 October 2015
GLOBO plc ("the Company")
Director share dealings
Globo plc (LSE-AIM: GBO), the international provider of
enterprise mobility management solutions and software as a service,
announces the following changes to a director's holding of ordinary
shares in the Company.
The Chief Executive Officer, Mr Konstantinos Papadimitrakopoulos
advised the Company on 25 October 2015 that up to 22 October 2015
he has:
-- sold 42,049,655 shares of Globo Plc; and
-- pledged 10,000,000 shares of Globo Plc under a personal loan
agreement with Lantau Holdings Limited. The loan will default at
close of business today because of two consecutive days of the
suspension of the Company's shares from trading.
The number of shares (and voting rights) which Mr
Papadimitrakopoulos now holds is 27,734,542 (including the pledged
shares) representing 7.42% of the issued share capital. His
previously notified holding was 69,784,147 shares (and voting
rights) which represented 18.67% of the issued share capital.
This notification by the director to the company was made under
DTR5.
The Company has requested additional details about these
dealings and does not yet possess all relevant information about
their timing and nature. A further announcement will be made once
this information is received.
ENDS
For further information please contact:
Globo plc +44 20-7378-8828
Mike Jeremy
RBC Capital Markets +44 20-7653-4000
(Nominated Adviser & Broker)
Pierre Schreuder or Ema Jakasovic
Brunswick Group +44 20-7404-5959
(Advisor to the independent Committee
of the board)
This information is provided by RNS
The company news service from the London Stock Exchange
END
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