Supply @ME Capital PLC Directors/PDMR Shareholding (5271T)
25 July 2022 - 4:00PM
UK Regulatory
TIDMSYME
RNS Number : 5271T
Supply @ME Capital PLC
25 July 2022
25 July 2022
Supply@ME Capital plc
(The "Company" or "SYME")
Director/PDMR Notification
SYME announces that the Company issued 106,762,760 new ordinary
shares to each of Tom James, Chief Executive Officer and Chief
Investment Officer of TradeFlow Capital Management ("TradeFlow"),
and John Collis, Chief Risk Officer and Head of Compliance at
TradeFlow, who are both executive directors of SYME, in relation to
settlement of post-acquisition earn out payments for the financial
year ended 31 December 2021.
The information contained in this notification is disclosed in
accordance with the requirements of Regulation ((EU) 596/2014),
which is part of UK domestic law by virtue of Market Abuse
(Amendment) (EU Exit) Regulations 2019 (SI 2019/310) ("UK
MAR").
1 Details of the Director
a) Name Thomas James
--------------------------------- -----------------------------------------------------------
2 Reason for the notification
--------------------------------- -----------------------------------------------------------
a) Position/status Executive Director
--------------------------------- -----------------------------------------------------------
b) Initial notification/Amendment Initial notification
--------------------------------- -----------------------------------------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
--------------------------------- -----------------------------------------------------------
a) Name Supply@ME Capital plc
--------------------------------- -----------------------------------------------------------
b) LEI 213800ZY2C2TI2C5WQ61
--------------------------------- -----------------------------------------------------------
4 Details of the transaction(s):
--------------------------------- -----------------------------------------------------------
a) Description of the financial Ordinary shares
instrument, type of instrument
--------------------------------- -----------------------------------------------------------
Identification code GB00BFMDJC60
--------------------------------- -----------------------------------------------------------
b) Nature of transaction Issue of shares to satisfy
the cash liability under the
earn out agreement
--------------------------------- -----------------------------------------------------------
c) Currency GBP - British Pound
--------------------------------- -----------------------------------------------------------
Price(s) and 0.01
-------------------------------------- -----------------------------------------------------------
volume(s) 106762760
-------------------------------------- -----------------------------------------------------------
Aggregated information
d) - Aggregated volume 106762760
--------------------------------- -----------------------------------------------------------
- Price GBP1,067,627.60
-------------------------------------- -----------------------------------------------------------
e) Date of the transaction 20 July 2022
--------------------------------- -----------------------------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------------- -----------------------------------------------------------
1 Details of the Director
a) Name John Collis
--------------------------------- ------------------------------
2 Reason for the notification
--------------------------------- ------------------------------
a) Position/status Executive Director
--------------------------------- ------------------------------
b) Initial notification/Amendment Initial notification
--------------------------------- ------------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
--------------------------------- ------------------------------
a) Name Supply@ME Capital plc
--------------------------------- ------------------------------
b) LEI 213800ZY2C2TI2C5WQ61
--------------------------------- ------------------------------
4 Details of the transaction(s):
--------------------------------- ------------------------------
a) Description of the financial Ordinary shares
instrument, type of instrument
--------------------------------- ------------------------------
Identification code GB00BFMDJC60
--------------------------------- ------------------------------
b) Nature of transaction issue of shares to satisfy
the cash liability under the
earn out agreement
--------------------------------- ------------------------------
c) Currency GBP - British Pound
--------------------------------- ------------------------------
Price(s) and 0.01
-------------------------------------- ------------------------------
volume(s) 106762760
-------------------------------------- ------------------------------
Aggregated information
d) - Aggregated volume 106762760
--------------------------------- ------------------------------
- Price GBP1,067,627.60
-------------------------------------- ------------------------------
e) Date of the transaction 20 July 2022
--------------------------------- ------------------------------
f) Place of the transaction Outside a trading venue
--------------------------------- ------------------------------
For the purposes of UK MAR, the person responsible for arranging
release of this Announcement on behalf of SYME is Alessandro
Zamboni, CEO.
Contacts
Alessandro Zamboni, CEO, Supply@ME Capital plc,
investors@supplymecapital.com
Paul Vann, Walbrook PR Limited, +44 (0)20 7933 8780;
paul.vann@walbrookpr.com
Chanice Smith, Cicero/AMO, +44 (0)20 7947 5317;
chanice.smith@cicero-group.com
Notes
Supply@ME Capital PLC and its operating subsidiaries (together
the "Group") provide an innovative fintech platform (the
"Platform") for use by manufacturing and trading companies to
access inventory trade solutions enabling their businesses to
generate cashflow, via a non-credit approach and without incurring
debt. This is achieved by their existing eligible inventory being
added to the Platform and then monetised via purchase by third
party Inventory Funders. The inventory to be monetised can include
warehouse goods waiting to be sold to end-customers or
goods/commodities that are part of a typical import/export
transaction. SYME announced in August 2021 the launch of a global
Inventory Monetisation programme which will be focused on both
inventory in transit monetisation and warehouse goods monetisation.
This program will be focused on creditworthy companies and not
those in distress or otherwise seeking to monetise illiquid
inventories.
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END
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