TIDMGFIN
RNS Number : 7976G
Gfinity PLC
31 March 2022
31 March 2022
Gfinity PLC
( "Gfinity", the "Company" or the "Group")
Director/PDMR Shareholdings
Gfinity plc (AIM: GFIN), a world leading esports solutions
provider, confirms that as part of the Fundraising to raise GBP2.70
million announced on 14 March 2022, the following Directors have
subscribed for a total of 7,600,000 New Ordinary Shares of 0.1p
each in the Company at the Placing Price of 1.25 pence, as detailed
below:
Director Role No. of New No. of New No. of Ordinary
Ordinary Ordinary Shares Shares held
Shares held subscribed on Admission
prior to for
the Fundraise
Chief Executive
John Clarke Officer 1,847,222 2,000,000 3,847,222
----------------- ----------------------------- ---------------------- ----------------------
Chief Finance
and Operating
Jonathan Hall Officer 1,472,222 2,000,000 3,472,222
----------------- ----------------------------- ---------------------- ----------------------
Non-Executive
Len Rinaldi Director - 2,000,000 2,000,000
----------------- ----------------------------- ---------------------- ----------------------
Non-Executive
Hugo Drayton Director - 1,600,000 1,600,000
----------------- ----------------------------- ---------------------- ----------------------
The Director participation is in line with that announced in the
Fundraising announcement of 14 March 2022 and follows the release
of the Company's interim results for the six months ended 31
December 2021 and the cessation of the applicable close period for
Director dealings.
The issue of the subscription shares is conditional upon
shareholder approval at the Company's General Meeting on 01 April
2022. The Company provides further PDMR disclosure forms below,
that are also being submitted online to the FCA, in relation to the
Subscription Shares.
Terms and definitions used in this announcement shall have the
same meaning as ascribed to them in the Fundraising Announcement
released at 5:04 p.m. on 14 March 2022, unless the context requires
otherwise.
For further information, please contact:
Gfinity plc www.gfinityplc.com
John Clarke, CEO Via Teneo
Teneo (Media) Tel: +44 7880 715975
Anthony Di Natale Gfinity@teneo.com
Canaccord Genuity Limited (Nominated Tel: +44 (0)207 523
Adviser, Sole Bookrunner & Sole Broker) 8150
Bobbie Hilliam / Patrick Dolaghan
The information below set out in accordance with the requirement
of the EU Market Abuse Regulation provides further detail.
1 Details of the person discharging managerial responsibilities
a) Name John Clarke
------------------------ -----------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position/status Chief Executive Officer
------------------------ -----------------------------------------------
b) Initial notification/ Initial notification
Amendment
------------------------ -----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------
a) Name Gfinity plc
------------------------ -----------------------------------------------
b) LEI 213800GNV14EDQNRWI17
------------------------ -----------------------------------------------
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 0.1 pence each
the financial
instrument
------------------------ -----------------------------------------------
b) Identification GB00BT9QD572
code of the Financial
Instrument
------------------------ -----------------------------------------------
c) Nature of the Subscription for shares
transaction For every New Ordinary Share subscribed
for as part of the Fundraising, John Clarke
has been issued with one warrant to subscribe
for one Ordinary Share at the Issue Price.
------------------------ -----------------------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) GBP 0.0125 2,000,000
----------
------------------------ -----------------------------------------------
e) Aggregated information: Aggregated Volume: 2,000,000
volume, Price Aggregated Price: GBP 25,000
------------------------ -----------------------------------------------
f) Date of the transaction 30 March 2022
------------------------ -----------------------------------------------
g) Place of the Off Market
transaction
------------------------ -----------------------------------------------
1 Details of the person discharging managerial responsibilities
a) Name Jonathan Hall
------------------------ ------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------
a) Position/status Chief Finance and Operating Officer
------------------------ ------------------------------------------
b) Initial notification/ Initial notification
Amendment
------------------------ ------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------
a) Name Gfinity plc
------------------------ ------------------------------------------
b) LEI 213800GNV14EDQNRWI17
------------------------ ------------------------------------------
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 0.1 pence each
the financial
instrument
------------------------ ------------------------------------------
b) Identification GB00BT9QD572
code of the Financial
Instrument
------------------------ ------------------------------------------
c) Nature of the Subscription for shares
transaction For every New Ordinary Share subscribed
for as part of the Fundraising, Jonathan
Hall has been issued with one warrant to
subscribe for one Ordinary Share at the
Issue Price.
------------------------ ------------------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) GBP 0.0125 2,000,000
----------
------------------------ ------------------------------------------
e) Aggregated information: Aggregated Volume: 2,000,000
volume, Price Aggregated Price: GBP 25,000
------------------------ ------------------------------------------
f) Date of the transaction 30 March 2022
------------------------ ------------------------------------------
g) Place of the Off Market
transaction
------------------------ ------------------------------------------
1 Details of the person discharging managerial responsibilities
a) Name Len Rinaldi
------------------------ -----------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position/status Non-Executive Director
------------------------ -----------------------------------------------
b) Initial notification/ Initial notification
Amendment
------------------------ -----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------
a) Name Gfinity plc
------------------------ -----------------------------------------------
b) LEI 213800GNV14EDQNRWI17
------------------------ -----------------------------------------------
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 0.1 pence each
the financial
instrument
------------------------ -----------------------------------------------
b) Identification GB00BT9QD572
code of the Financial
Instrument
------------------------ -----------------------------------------------
c) Nature of the Subscription for shares
transaction For every New Ordinary Share subscribed
for as part of the Fundraising, Len Rinaldi
has been issued with one warrant to subscribe
for one Ordinary Share at the Issue Price.
------------------------ -----------------------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) GBP 0.0125 2,000,000
----------
------------------------ -----------------------------------------------
e) Aggregated information: Aggregated Volume: 2,000,000
volume, Price Aggregated Price: GBP 25,000
------------------------ -----------------------------------------------
f) Date of the transaction 30 March 2022
------------------------ -----------------------------------------------
g) Place of the Off Market
transaction
------------------------ -----------------------------------------------
1 Details of the person discharging managerial responsibilities
a) Name Hugo Drayton
------------------------ -----------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position/status Non-Executive Director
------------------------ -----------------------------------------------
b) Initial notification/ Initial notification
Amendment
------------------------ -----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------
a) Name Gfinity plc
------------------------ -----------------------------------------------
b) LEI 213800GNV14EDQNRWI17
------------------------ -----------------------------------------------
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 0.1 pence each
the financial
instrument
------------------------ -----------------------------------------------
b) Identification GB00BT9QD572
code of the Financial
Instrument
------------------------ -----------------------------------------------
c) Nature of the Subscription for shares
transaction For every New Ordinary Share subscribed
for as part of the Fundraising, Hugo Drayton
has been issued with one warrant to subscribe
for one Ordinary Share at the Issue Price.
------------------------ -----------------------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) GBP 0.0125 1,600,000
----------
------------------------ -----------------------------------------------
e) Aggregated information: Aggregated Volume: 1,600,000
volume, Price Aggregated Price: GBP 20,000
------------------------ -----------------------------------------------
f) Date of the transaction 30 March 2022
------------------------ -----------------------------------------------
g) Place of the Off Market
transaction
------------------------ -----------------------------------------------
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END
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