WANdisco Plc Director Shareholding (4475S)
16 November 2021 - 4:53AM
UK Regulatory
TIDMWAND
RNS Number : 4475S
WANdisco Plc
15 November 2021
15 November 2021
WANdisco plc
("WANdisco" or the "Company")
Director Shareholding
WANdisco (LSE: WAND), the LiveData company , announces that
further to the announcement of 11 November ("First Announcement")
David Richards, Chairman and CEO of the Company, has today
transferred the 350,000 ordinary shares to Equities First Holdings
("EFH") (the "Transferred Shares") referenced in the First
Announcement, for a consideration (" Transfer Amount") which is
based upon the average of the last sale price of the ordinary
shares as reported on Bloomberg over the last three trading days
being 320 pence per ordinary share.
Mr. Richards is required to repurchase the Transferred Shares in
three years at the same Transfer Amount.
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name David Richards
--------------------------------------------- -------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer and Chairman
--------------------------------------------- -------------------------------------
b) Initial notification/Amendment Initial notification
--------------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
a) Name WANdisco plc
--------------------------------------------- -------------------------------------
b) LEI 213800Y1A75RSC698O04
--------------------------------------------- -------------------------------------
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 financial Ordinary shares of 10p each
instrument, type of instrument
Identification code ISIN: JE00B6Y3DV84
--------------------------------------------- -------------------------------------
b) Nature of the transaction Transfer of shares
--------------------------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Consideration
calculated/Based
on 320p (average
price over last
3 trading days) 350,000
----------
--------------------------------------------- -------------------------------------
d) Aggregated information - Aggregated volume Not applicable single
- Price transaction
------------------
- Aggregated total
------------------
--------------------------------------------- -------------------------------------
e) Date of the transaction 15 November 2021
--------------------------------------------- -------------------------------------
f) Place of the transaction Outside of a trading venue
--------------------------------------------- -------------------------------------
For further information, please contact:
WANdisco plc via FTI Consulting
David Richards, Chief Executive Officer
and Chairman
Erik Miller, Chief Financial Officer
Daud Khan, VP Corporate Development
+44 (0)20 3727
FTI Consulting 1137
Matt Dixon / Kwaku Aning / Tom Blundell
+44 (0)20 7710
Stifel (Nomad and Joint Broker) 7600
Fred Walsh / Richard Short
Panmure Gordon (Joint Broker) +44 (0)20 7886
Erik Anderson / Alina Vaskina 2500
About WANdisco
WANdisco is the LiveData company. WANdisco solutions enable
enterprises to create an environment where data is always
available, accurate and protected, creating a strong backbone for
their IT infrastructure and a bedrock for running consistent,
accurate machine learning applications. With zero downtime and zero
data loss, WANdisco's products keep geographically dispersed data
at any scale consistent between on-premises and cloud environments
allowing businesses to operate seamlessly in a hybrid or
multi-cloud environment. WANdisco has over a hundred customers and
significant go-to-market partnerships with Microsoft Azure, Amazon
Web Services, Google Cloud, Oracle, and others as well as OEM
relationships with IBM and Alibaba. For more information on
WANdisco, visit http://www.wandisco.com .
www.wandisco.com
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END
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