TIDMGTC

RNS Number : 6125S

GETECH Group plc

17 March 2021

17 March 2021

Getech Group plc

("Getech" or the "Company")

Director's Subscription

Getech, a provider of data, knowledge and software products to the energy industry, announced on 12 March 2021 that it had raised gross proceeds of GBP6.0 million through a placing and subscription of 27,272,728 new Ordinary Shares in two tranches at an Issue Price of 22 pence per share (the "Placing and Subscription").

As part of the Placing and Subscription, it was announced that Jonathan Copus, Chief Executive of Getech, had subscribed for the 45,000 new Ordinary Shares (the "Subscription Shares"). Following completion of the Placing and Subscription, Jonathan Copus will hold 45,000 Ordinary Shares representing 0.07 per cent. of the enlarged Issued Share Capital.

Admission of the Subscription Shares to trading on AIM will become effective at 8.00 a.m. on 1 April 2021, conditional, inter alia, upon the approval of the Resolution by the Shareholders at the General Meeting which is scheduled to be held at 11.00 a.m. on 30 March 2021 at the offices of the Company, at Kitson House, Elmete Hall, Elmete Lane, Leeds LS8 2LU.

For further information, please contact:

 
 Getech Group plc                                  Tel: 0113 322 2200 
  Jonathan Copus, Chief Executive 
 
 Cenkos Securities plc 
  Neil McDonald / Pete Lynch (Corporate Finance) 
  Michael Johnson / Julian Morse (Sales)             Tel: 0207 397 8900 
 Camarco 
  Georgia Edmonds / James Crothers / Ollie Head      Tel: 020 3781 8331

Notes to editors:

Getech (AIM: GTC) has a well-established position within the global energy market, assisting clients with its unique combination of products and services, that utilise the Group's sub-surface skills and geospatial design and implementation capabilities alongside a deep knowledge and understanding of how to deploy data.

The Company is leveraging its strong market position, utilising its existing expertise, and targeting additional commercial opportunities, to de-risk and accelerate the global transition to renewable sources of energy while strengthening its existing and well-established business.

Getech is listed on the AIM market of the London Stock Exchange. For further information, please visit www.getech.com

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Jonathan Copus 
     -------------------------------  ------------------------------------- 
 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                             Getech Group plc 
     -------------------------------  ------------------------------------- 
 b)   LEI                              213800L36BCDMGT89738 
     -------------------------------  ------------------------------------- 
 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               Ordinary shares of no par value 
       Financial instrument, 
       type of instrument 
     -------------------------------  ------------------------------------- 
      Identification code              GB00B0HZVP95 
     -------------------------------  ------------------------------------- 
 b)   Nature of the Transaction        Purchase of ordinary shares 
     -------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)           45,000 shares at 22p 
     -------------------------------  ------------------------------------- 
 d)   Aggregated information           - 
       Aggregated volume Price 
     -------------------------------  ------------------------------------- 
 e)   Date of the transaction          12 March 2021 
     -------------------------------  ------------------------------------- 
 f)   Place of the transaction         London Stock Exchange, AIM (LON:GTC) 
     -------------------------------  -------------------------------------

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March 17, 2021 11:04 ET (15:04 GMT)

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