The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDEV.L Share News (DEV)

  • There is currently no data for DEV

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK DIRECTOR DEALINGS SUMMARY: Dev Clever Raises GBP10 Million

Wed, 13th May 2020 14:27

(Alliance News) - The follow is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and not separately reported by Alliance News:

----------

Dev Clever Holdings PLC - Founder & Chief Executive Officer Chris Jeffries enters a call option agreement with 8% Dev Clever shareholder Chris Akers. Under the agreement, Akers can buy 50 million shares from Jeffries at a price of 8.0p at any time up to May 31, 2021. Jeffries currently holds 200.0 million shares, a 45.9% stake, plus loan notes convertible into a further 40.0 million shares, another 9.2%. Akers currently holds 35.0 million shares. "Earlier this year Chris accumulated a meaningful minority shareholding in the company, and I am happy to be giving him this option to acquire additional shares as it demonstrates his confidence in our global EdTech platforms," said Jeffries. Separately, Dev Clever said it has raised up GBP10.0 million gross by granting rights to subscribe to up to 100 million new shares at 10.0p to Intrinsic Capital Jersey Ltd. The subscriptions will be in instalments of 20 million shares each from June 30 this year to June 30 next year. As part of the deal, Jeffries's holding in the company cannot go below 20%.

----------

Pembridge Resources PLC - Chair & CEO Gati Al-Jebouri buys 3.8 million shares at 3.3p, worth GBP123,792, on Tuesday as part of Pembridge's GBP368,000 equity raise. Non-Executive Director Frank McAllister buys 1.2 million shares, worth GBP40,000.

----------

Emis Group PLC - Non-Executive Director Patrick Jean-Marie De Smedt buys 10,000 shares at GBP10.47, worth GBP104,700.

----------

ThinkSmart Ltd - Non-Executive Director Roger McDowell sells 850,000 shares, his entire holding, at 20p, worth GBP170,000, on Tuesday. McDowell will retire at ThinkSmart's annual general meeting, expected to be held in November. He has served since December 2016, when the company listed on AIM.

----------

Burford Capital Ltd - CEO Christopher Bogart and Chief Investment Officer Jonathan Molot each buy 50,000 shares at 483.05p, together worth GBP483,046, on Tuesday. Bogart now holds 9.0 million shares, a 4.1% stake, and Molot 9.6 million, 4.4%.

----------

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
20 Dec 2019 14:11

Dev Clever Raises GBP440,000 In Share Placing At 9% Discount

Dev Clever Raises GBP440,000 In Share Placing At 9% Discount

Read more
28 Oct 2019 11:53

Dev Clever Says 'Educate' Careers Guidance Platform Now Live

Dev Clever Says 'Educate' Careers Guidance Platform Now Live

Read more
28 Oct 2019 11:01

Dev Clever shares slide on strategic update

(Sharecast News) - Career development platforms provider Dev Clever Holdings updated the market on its 'Educate' platform on Monday, reporting that its "innovative" careers guidance platforms were now fully live.

Read more
26 Sep 2019 14:31

Dev Clever Secures Education Partnership Agreement With Lenovo

Dev Clever Secures Education Partnership Agreement With Lenovo

Read more
6 Sep 2019 12:13

Dev Clever Hires Former Oracle Director As New Strategy Officer

(Alliance News) - Software firm Dev Clever Holdings PLC said it has appointed Tim Heaton as its new chief operating officer and chief strategy officer.Heaton, previously the business for at

Read more
19 Aug 2019 09:39

Dev Clever raises ?0.44m in placing to fund expansion strategy

(Sharecast News) - Consumer engagement solutions developer Dev Clever has completed a placing using its full current authorities, it announced on Monday, allotting 12,811,736 new ordinary shares at a price of 3.4p, to raise £0.44m before expenses.

Read more
26 Jul 2019 12:55

Dev Clever Confident On Progress Following Transformative First Half

(Alliance News) - Software firm Dev Clever Holdings PLC on Friday reported "substantial" progress in an interim period in which it listed on the London Stock Exchange.Dev Clever a

Read more
24 Jul 2019 13:41

Dev Clever In Education Partnership With WorldSkills UK

(Alliance News) - Software developer Dev Clever Holdings PLC Wednesday announced a partnership with WorldSkills UK, to help young people hone skills for professional development.Dev careers

Read more
12 Jul 2019 11:42

Dev Clever Signs Three Year Commercial Deal With Valassis

(Alliance News) - Dev Clever Holdings PLC said on Friday that it signed a three-year commercial agreement with voucher coupon providers Valassis Ltd.The agreement will see the consumer with

Read more
11 Apr 2019 12:16

Dev Clever gets approval to launch first cross-platform VR experience

(Sharecast News) - Immersive and mobile experience developer Dev Clever Holdings announced on Thursday that its cross-platform, core virtual reality (VR) multi user framework had been successfully approved to deploy its first live interactive experience across multiple platforms, including Google Play, Google Daydream, Oculus Store, Samsung Gear VR and the Apple App Store.

Read more
11 Apr 2019 11:42

Dev Clever Gets Approval For First Live Virtual Reality Experience

LONDON (Alliance News) - Dev Clever Holdings PLC said Thursday its virtual reality framework has been approved to deploy Easter Squad VR on multiple platforms, including Google Play and the Apple

Read more
28 Mar 2019 10:05

Dev Clever Says Virtual Career Guidance Experience Live And Ready

LONDON (Alliance News) - Dev Clever Holdings PLC on Thursday said that its virtual reality careers guidance experience, VICTAR, is live and ready to be released to schools across the in the which

Read more
22 Mar 2019 11:45

Dev Clever's Engage Platform Becomes Available On Oracle Systems

LONDON (Alliance News) - Consumer engagement software firm Dev Clever Holdings PLC said Friday it is now able to offer its electronic point of sale application across the systems operated by US is

Read more
22 Mar 2019 09:32

Dev Clever releases consumer incentive platform for Oracle EPOS

(Sharecast News) - Consumer engagement and 'gamification' product developer Dev Clever announced on Friday that its new integrated electronic point-of-sale (EPOS) application for the 'Engage' platform was now available for release.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.