RNS28 Sep 2017 08:22
Blue Prism, a global leader in Robotic Process Automation, announces that on 27 September 2017, RisingStars Growth Fund LP ("RisingStars"), and certain persons discharging managerial responsibilities ("PDMR") sold an aggregate of 4,380,000 ordinary shares in the Company ("Ordinary Shares"), representing approximately 7.0 per cent of the issued share capital of Blue Prism at a price of 1000 pence per share. Additionally, on the same day, Chris Batterham, Non-Executive Director, acquired 14,000 Ordinary Shares at a price of 1000 pence per share.
Details of each party's participation in the transactions are as follows:
RisingStars sold 3,500,000 Ordinary Shares. Following this sale RisingStars retains an interest in 3,061,549 Ordinary Shares, representing approximately 4.9 per cent of Blue Prism's issued share capital. The remainder of the Ordinary Shares retained by RisingStars remains subject to the original lock-in and orderly market agreement entered into with the Company and Investec Bank plc at the time of the Company's IPO.
PDMR Dealings
David Moss sold 380,000 Ordinary Shares. Following this sale, David Moss retains an interest in 3,141,872 Ordinary Shares, representing approximately 5.0 per cent of Blue Prism's issued share capital.
Patrick Geary sold 250,000 Ordinary Shares. Following this sale, Patrick Geary retains an interest in 768,000 Ordinary Shares, representing approximately 1.2 per cent of Blue Prism's issued share capital.
Martin Flood sold 250,000 Ordinary Shares. Following this sale, Martin Flood retains an interest in 550,000 Ordinary Shares, representing approximately 0.9 per cent of Blue Prism's issued share capital.
The remainder of the Ordinary Shares retained by the above PDMRs are now subject to a lock-in which has been extended for a period of six months from the date of this announcement.
Chris Batterham acquired 14,000 Ordinary Shares. Following this purchase, Chris Batterham has an interest in 214,000 Ordinary Shares, representing approximately 0.3 per cent of Blue Prism's issued share capital.