leadf
logo-loader
RNS
viewLoopUp Group PLC

LoopUp Group PLC - Issue of Equity and PDMR Dealing

RNS Number : 1550B
LoopUp Group PLC
05 October 2020
 

5 October 2020

LOOPUP GROUP PLC


("LoopUp Group" or the "Company")

 

Issue of Equity and PDMR Dealing

 

LoopUp Group plc (LSE AIM: LOOP) announces that the Company has issued 73,833 new ordinary shares of 0.5 pence each ("Ordinary Shares") as a result of an exercise of share options by employees and ex-employees of the LoopUp Group.

Issue of Equity

Application has been made for the 73,833 new Ordinary Shares to be admitted to trading on AIM. It is expected that dealings in these new Ordinary Shares will commence on 9 October 2020 ("Admission"). The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

Following Admission, the Company will have in issue a total of 55,441,182 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury.

 

PDMR Dealings

 

The Company further announces that a PDMR, Marcus Greensit, has sold 100,000 Ordinary Shares. Following this sale of shares, Mr. Greensit will hold options over 499,000 Ordinary Shares and will hold 56,243 Ordinary Shares representing 0.10% of the Company's issued share capital following Admission.

 

The FCA notification, made in accordance with the requirements of the EU Market Abuse Regulation is appended below.

 

 

For further information, please contact:

 

LoopUp Group plc

via FTI

 

Steve Flavell, co-CEO

 

 

 

Panmure Gordon (UK) Limited

 

+44 (0) 20 7886 2500

Dominic Morley / Alina Vaskina (Corporate Finance)

 

 

Erik Anderson (Corporate Broking)

 

 

 

 

Numis Securities Limited

+44 (0) 20 7260 1000

 

Simon Willis / Jonny Abbott (Corporate Finance)

 

 

 

 

FTI Consulting, LLP

+44 (0) 20 3727 1000

 

Matt Dixon / Emma Hall / Jamille Smith / Shamma Kelly

 

 

 

About LoopUp Group plc:

LoopUp (LSE AIM: LOOP) is a premium cloud communications solution for business-critical external communications. The solution combines premium remote meetings with inbound and outbound cloud voice services via Direct Routing integration with Microsoft Teams. Our customers benefit from a global fully-managed service, and an emphasis on security, reliability and simplicity, delivered with deep domain expertise and caring customer support. We're proud to be trusted provider to over 5,000 organisations worldwide, including more than 20 of both the world's top-100 law firms and top-100 private equity firms, as well as enterprises such as Travelex, Kia Motors, Planet Hollywood and National Geographic. The Group is headquartered in London, with offices in San Francisco, New York, Boston, Chicago, Dallas, Los Angeles, Denver, Cardiff, Milton Keynes, Madrid, Berlin, Malmo, Hong Kong, Sydney and Barbados, and is listed on the AIM market of the London Stock Exchange (LOOP). For further information, please visit: www.loopup.com.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

 1

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

 

Names 

Marcus Greensit

2

 

Reason for the notification

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

 

Name

 

LoopUp Group plc

b)

 

LEI

21380063DQ4WXDQLYB80

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 instrument, type of instrument

 

Ordinary Shares of 0.5p each

b)

Identification code 

 

GB00BYQP6S60

c)

 

Nature of the transaction 

 

Sale of Ordinary Shares

d)

 

Price(s) and volume(s)

Price(s)

Volume(s)

225.00p

100,000

 

d)

 

Aggregated information 

- Aggregated volume

- Price

100,000 Ordinary Shares

 

Price of 225.00p per share

e)

 

Date of the transaction 

5 October 2020

f)

 

Place of the transaction

London Stock Exchange

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
IOEUPGCWUUPUGQA

Quick facts: LoopUp Group PLC

Price: -

Market: AIM
Market Cap: -
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

LoopUp enjoying strong start to second half with major new contract wins

Steve Flavell, co-chief executive of LoopUp Group PLC (LON:LOOP) caught up with Proactive to discuss the remote meetings technology firm's first half results. The AIM-quoted company saw underlying earnings (EBITDA) almost double to £1.6mln (H1 2016: £0.9mln), thanks in part to an improved...

on 6/9/17

6 min read