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2 Jul 2019 16:52
ALLIED MINDS PLC
PDMR DEALING NOTIFICATION
Allied Minds plc (the "Company") has issued new ordinary shares of one pence each ("Ordinary Shares") to certain persons discharging managerial responsibilities ("PDMRs") following the vesting of conditional awards in the form of restricted share units made under the Company's Long Term Incentive Plan (the "LTIP") in June 2014.
As a result, the Company received notification from the following PDMR in relation to the subscription for Ordinary Shares under the LTIP.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Michael Turner | ||||
2 | Reason for the notification | |||||
a) | Position/status | Co-Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Allied Minds plc | ||||
b) | LEI | 213800YB4G7YN21NLL72 | ||||
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 Identification code |
GB00BLRLH124 | ||||
b) | Nature of the transaction | Subscription for 179,588 ordinary shares of one pence each in the capital of Allied Minds plc pursuant to the vesting of conditional awards in the form of restricted share units which were granted to Michael Turner on 15 May 2017 pursuant to the terms and conditions of the Allied Minds plc Long Term Incentive Plan adopted on 19 June 2014. None of these ordinary shares are being sold to offset current federal or state income tax liabilities incurred by the PDMR as a result of the vesting of such restricted share units. This transaction is not linked to the exercise of a share option programme. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
| N/A
| ||||
e) | Date of the transaction | 1 July 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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