RNS Out - Director dealing - 500k bought - show of confidence11 Aug 2020 13:36
Tue, 11th Aug 2020 11:30
RNS Number : 8044V
Cloudcoco Group PLC
11 August 2020
CloudCoCo Group plc
("CloudCoCo" or the "Company")
Director/PDMR Shareholding
CloudCoCo (AIM: CLCO) a UK provider of IT and communications solutions to businesses and public sector organisations, announces that it received notification yesterday that Non-Executive Chairman, Simon Duckworth has purchased a total of 500,000 Ordinary Shares of 1 pence in the Company ("Ordinary Shares") at 1.15 pence per share. The purchase of Ordinary Shares took place as follows:
• 250,000 Ordinary Shares purchased on 7 August 2020 at a price of 1.15 pence per share
• 250,000 Ordinary Shares purchased on 10 August 2020 at a price of 1.15 pence per share
Following these trades, Simon Duckworth's beneficial holding is 8,250,000 Ordinary Shares, representing 1.67 per cent. of the current total voting rights of the Company.