LoopUp Group PLC Holding(s) in the Group (4912K)
11 April 2018 - 3:01AM
UK Regulatory
TIDMLOOP
RNS Number : 4912K
LoopUp Group PLC
10 April 2018
LOOPUP GROUP PLC
("LoopUp Group" or the "Group")
Holding(s) in the Group
LoopUp Group plc (LSE AIM: LOOP), the premium remote meetings
company, today received notification that on 10 April 2018 Andrew
Scott has sold 600,000 ordinary shares in the Group ("Ordinary
Share") at 425 pence per Ordinary Share to satisfy institutional
demand.
Following the Sale, Mr. Scott has a beneficial interest of
10,088,919 Ordinary Shares representing 23.9% of the Group's issued
share capital. These Ordinary Shares will remain subject to the
same orderly market arrangements undertaken on Admission.
Mr. Scott's beneficial holding includes 5,442,889 Ordinary
Shares registered in the name of Mr. Scott and his spouse, Rhonda
Scott (representing 12.9% of the Group's issued share capital);
146,030 Ordinary Shares registered in the name of the Scott Family
Trust (representing 0.3% of the Group's issued share capital); and
4,500,000 Ordinary Shares registered in the name of the SFT Capital
Ltd (representing 10.7% of the Group's issued share capital).
For further information:
LoopUp Group PLC via FTI Consulting,
LLP
Steve Flavell, co-CEO
+44 (0) 207
Panmure Gordon (UK) Limited 886 2500
Dominic Morley / Alina Vaskina (Corporate
Finance)
Erik Anderson (Corporate Broking)
+44 (0) 203
FTI Consulting, LLP 727 1000
Matt Dixon / Harry Staight
About LoopUp Group plc
LoopUp (LSE AIM: LOOP) is a premium remote meetings solution.
Streamlined and intuitive, LoopUp is built for business users and
delivers the quality, security and reliability required in the
enterprise. One-click screen sharing and integration with tools
business people use every day, like Outlook(TM), make it easy for
LoopUp users to collaborate in real time. LoopUp's award-winning
SaaS solution doesn't overwhelm users with features, and doesn't
require training. Over 2,000 enterprises worldwide, including
Travelex, Kia Motors America, Planet Hollywood, National
Geographic, and Subaru trust LoopUp with their remote meetings.
The Group is headquartered in London, with offices in San
Francisco, New York, Boston, Hong Kong and Barbados, and is listed
on the AIM market of the London Stock Exchange (LOOP). For further
information, please visit: www.loopup.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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