Learning Technologies Group PLC Exercise of options and Total Voting Rights (7447W)
29 April 2016 - 4:00PM
UK Regulatory
TIDMLTG
RNS Number : 7447W
Learning Technologies Group PLC
29 April 2016
29 April 2016
Learning Technologies Group Plc
Exercise of options, Directors' dealings and Total Voting
Rights
Pursuant to the exercise of options, LTG confirms that
application has been made to the London Stock Exchange for the
admission of 1,100,000 new ordinary shares to trading on AIM.
Admission of the new shares is expected to take place at 8.00am on
5 May 2016.
Following the anticipated admission of these shares, the total
number of ordinary shares of 0.375p each in the capital of the
Company in issue will be 418,694,419 with each share carrying the
right to one vote.
The Company holds 404,340 shares in treasury. The above figure
may be used by shareholders in the Company as the denominator for
the calculations by which they will determine if they are required
to notify their interest in, or a change to their interest in, the
share capital of the Company under the Disclosure and Transparency
Rules.
Of the options exercised Dale Solomon (Chief Operating Officer)
exercised 1,065,000 options at an exercise price of 1.88 pence per
share which were subsequently sold at a price of 34.00 pence per
share.
On the same day Leslie-Ann Reed (Non-executive Director)
acquired 350,000 shares in the Company at a price of 34.00 pence
per share.
Following the above transactions the beneficial interests of all
Directors in the share capital of the Company are as follows:
Director No of shares % of Issued No of options
-------------------------------- ------------- ------------ --------------
Andrew Brode (Chairman) 113,215,005 27.04% -
-------------------------------- ------------- ------------ --------------
Harry Hill (Deputy
Chairman)* 2,028,000 0.48% -
-------------------------------- ------------- ------------ --------------
Jonathan Satchell (Chief
Executive) 105,289,995 25.15% -
-------------------------------- ------------- ------------ --------------
Neil Elton (Group Finance
Director) 160,000 0.04% 1,000,000
-------------------------------- ------------- ------------ --------------
Piers Lea (Chief Strategy
Officer)* 17,023,383 4.07% -
-------------------------------- ------------- ------------ --------------
Dale Solomon (Chief
Operating Officer) - - 20,561,013
-------------------------------- ------------- ------------ --------------
Leslie-Ann Reed (Non-executive
Director) 1,100,000 0.26% -
-------------------------------- ------------- ------------ --------------
Peter Gordon (Non-executive
Director) 2,000,000 0.48% -
-------------------------------- ------------- ------------ --------------
*Including spouse
Enquiries
Learning Technologies Group
plc +44 (0)1273 468 889
Jonathan Satchell, Chief
Executive
Neil Elton, Group Finance
Director
Numis Securities Limited +44 (0)20 7260 1000
Stuart Skinner / Michael
Wharton (Nominated Adviser)
Ben Stoop (Corporate Broker)
Hudson Sandler Limited +44 (0)20 7796 4133
Cat Valentine / Katie Matthews
This information is provided by RNS
The company news service from the London Stock Exchange
END
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