TIDMEVRH

RNS Number : 3184V

EVR Holdings PLC

01 November 2017

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

EVR Holdings plc

("EVR" or the "Company")

Directors' Shareholdings and PDMR notification

Further to the announcement of 25 October "2017 Proposed Placing to raise GBP10 million for the Company and GBP5 million for selling shareholders", EVR Holdings plc (AIM: EVRH), one of the leading creators of virtual reality content, today announces that certain persons discharging managerial responsibilities (the "Selling Shareholders") have sold, pursuant to the Placing, an aggregate of 62,500,000 ordinary shares in the Company ("Ordinary Shares"), representing approximately 5.4 per cent of the issued share capital of the Company at a price of 8 pence per share.

 
 Director          Shareholding   Shareholding    Shareholding   Shareholding 
                     prior to        prior to       post sale      post sale 
                       sale        sale (% ISC)                     (% ISC) 
----------------  -------------  --------------  -------------  ------------- 
 Anthony 
  Matchett         215,357,796       20.88%       184,107,796       15.90% 
----------------  -------------  --------------  -------------  ------------- 
 Steven Hancock    177,759,136       17.24%       146,509,136       12.66% 
----------------  -------------  --------------  -------------  -------------

The Company has been informed that the shares held by the Selling Shareholders following the Placing will be subject to a six-month lock-up in respect of 50 per cent. of those shares and a 12-month lock-up in relation to the remaining 50 per cent., with certain customary exemptions.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 
 
 1       Details of the person discharging managerial 
          responsibilities/person closely associated 
------  ------------------------------------------------------------------- 
 a)      Name                                  1. Anthony Matchett 
                                                2. Steven Hancock 
------  -------------------------------  ---------------------------------- 
 2       Reason for the notification 
------  ------------------------------------------------------------------- 
                                               1. Chief Executive Officer 
 a)       Position/status                       2. Chief Operations Officer 
------  -------------------------------  ---------------------------------- 
 b)      Initial notification/Amendment   Initial Notification 
------  -------------------------------  ---------------------------------- 
 3       Details of the issuer, emission allowance market 
          participant, auction platform, auctioneer or 
          auction monitor 
------  ------------------------------------------------------------------- 
 a)      Name                             EVR Holdings plc 
------  -------------------------------  ---------------------------------- 
 b)      LEI                              213800B2AKGQC3D2R751 
------  -------------------------------  ---------------------------------- 
 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 1 penny 
          financial instrument,            each 
          type of instrument 
                                           ISIN GB00BD2YHN21 
          Identification code 
------  -------------------------------  ---------------------------------- 
 b)      Nature of the transaction        Sale of ordinary shares 
------  -------------------------------  ---------------------------------- 
 c)      Price(s) and volume(s)             Price(s)    Volume(s) 
                                           -----------  ----------- 
                                                 1. 8p   31,250,000 
                                           -----------  ----------- 
                                                 2. 8p   31,250,000 
                                           -----------  ----------- 
------  -------------------------------  ---------------------------------- 
 d)      Aggregated information           N/A 
------  -------------------------------  ---------------------------------- 
 e)      Date of the transaction          27 October 2017 
------  -------------------------------  ---------------------------------- 
 f)      Place of the transaction         London Stock Exchange, AIM 
------  -------------------------------  ----------------------------------

For further information:

 
EVR Holdings plc 
Anthony Matchett, Chief Executive Officer 
Sebastian Theron, Chief Financial          www.evrholdings.com 
 Officer 
 
 
Zeus Capital Limited (Nominated Adviser 
 and Broker) 
Andrew Jones (Corporate Finance)         Tel: +44 (0) 203 
                                          829 5000 
John Goold / Benjamin Robertson (Sales   www.zeuscapital.co.uk 
 & Broking)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 01, 2017 13:11 ET (17:11 GMT)

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