Mobile Tornado Group PLC Director/PDMR Shareholding (6892D)
02 February 2018 - 2:31AM
UK Regulatory
TIDMMBT
RNS Number : 6892D
Mobile Tornado Group PLC
01 February 2018
01 February 2018
Mobile Tornado Group plc
("Mobile Tornado" or the "Group")
DIRECTOR / PDMR SHAREHOLDING
Mobile Tornado (AIM: MBT), the leading provider of instant
communication mobile applications to the enterprise market,
announces that on 31 January 2018 Peter Wilkinson, Non-Executive
Director acquired 2,000,000 ordinary shares in the Group ("Ordinary
Shares") at an average price of 5.0 pence per share. As a result,
Mr Wilkinson's total holding is now 38,145,141 Ordinary Shares
representing 12.78% of the Group's issued share capital.
Mobile Tornado also announces that today Jeremy Fenn, Executive
Chairman, transferred 8,000,000 Ordinary Shares from a personal
SIPP into his own name. The transaction does not affect Mr Fenn's
total holding or the number of Ordinary Shares in which he is
beneficially interested.
1. Details of the person discharging managerial
responsibilities/person closely associated
---- --------------------------------------------------------------
(a) Name 1. Peter Wilkinson
2. Jeremy Fenn
---- ------------------------- -----------------------------------
2. Reason for the notification
---- --------------------------------------------------------------
(a) Position/status 1. Non-Executive Director
2. Executive Chairman
---- ------------------------- -----------------------------------
(b) Initial notification/ 1. Initial notification
Amendment 2. Initial notification
---- ------------------------- -----------------------------------
3. Details of the issuer
---- --------------------------------------------------------------
(a) Name MOBILE TORNADO GROUP PLC
---- ------------------------- -----------------------------------
(b) LEI 213800N3WLD78UBKC521
---- ------------------------- -----------------------------------
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 1. Ordinary Shares of 2.0 pence
of the Financial each
Instrument 2. Ordinary Shares of 2.0 pence
each
---- ------------------------- -----------------------------------
(b) Identification ISIN: GB00B01RQV23
code of the TIDM: MBT
Financial Instrument
---- ------------------------- -----------------------------------
(c) Nature of the 1. Purchase of Ordinary Shares
transaction 2. Transfer of Ordinary Shares
from a personal SIPP to own
name
---- ------------------------- -----------------------------------
(d) Price(s) and Price(s) Volume(s)
volume(s)
------------- --------------------
1. 5.0p 1. 2,000,000
2. N/A 2. 8,000,000
------------- --------------------
(e) Aggregated information N/A
* Aggregated volume
- Price
---- ------------------------- -----------------------------------
(f) Date of the 1. 31 January 2018
transaction
2. 01 February 2018
---- ------------------------- -----------------------------------
(g) Place of the 1. London Stock Exchange
transaction 2. Outside a trading venue
---- ------------------------- -----------------------------------
For further details please contact:
Mobile Tornado Group plc www.mobiletornado.com
Jeremy Fenn, Executive via Walbrook PR
Chairman
Avi Tooba, Chief Executive
Officer
Investec Bank plc (Nominated
Adviser & Broker) +44 (0)20 7597 4000
Andrew Pinder / Carlton
Nelson
Walbrook PR Ltd +44 (0)20 7933 8780
Paul Cornelius or mobiletornado@walbrookpr.com
Helen Cresswell
This information is provided by RNS
The company news service from the London Stock Exchange
END
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