Last checked at 19 Jul 2018 07:00
19 July 2018
Veltyco Group plc
("Veltyco", the "Company" and, together with its subsidiaries, the "Group")
Issue of Equity/PDMR Dealing
Veltyco Group plc, the AIM quoted marketing company for the gaming sector, announces that Hans Dahlgren, a member of the Company's Senior Management Team, has today exercised options over 187,500 ordinary shares of no par value in the Company ("Ordinary Shares") at an exercise price of 25 pence per share. Following this exercise, Mr Dahlgren is interested in 375,000 Ordinary Shares representing approximately 0.5% of the Company's issued share capital. The options were issued under the Company's Stock Option plan on 30 June 2016.
Total voting rights
Application will be made for the admission of these 187,500 new Ordinary Shares to trading on AIM ("Admission") and it is expected that Admission will take place at 8.00 a.m. on 25 July 2018. Following Admission, the Company will have a total of 74,956,159 Ordinary Shares in issue with one voting right per share. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
PDMR Notification Forms:
The notifications below are made in accordance with the requirements of Market Abuse Regulation:
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Hans Dahlgren | ||||
2. | Reason for the Notification | |||||
a) | Position/status | CTO, member of the Company's Senior Management Team | ||||
b) | Initial notification/amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Veltyco Group plc | ||||
b) | LEI | 2138007KWLZHV5I1A979 | ||||
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 no par value each in the share capital of Veltyco Group plc | ||||
Identification code | IM00BYT32K14 | |||||
b) | Nature of the Transaction | Exercise of options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information Aggregated volume Price | N/A (Single transaction) | ||||
e) | Date of the transaction | 18 July 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) Frankfurt Stock Exchange | ||||
For further information please contact:
Veltyco Group Plc +44 (0)1624 605 764
Gilles Ohana, Non-executive Chairman
Melissa Blau, CEO
Marcel Noordeloos, CFO
Strand Hanson Limited (Nominated Adviser) +44 (0)20 7409 3494
James Harris / Richard Tulloch / James Dance
Whitman Howard Ltd (Broker) +44 (0)20 7659 1234
Nick Lovering
IFC Advisory (Financial PR & IR) +44 (0)20 3934 6630
Graham Herring / Miles Nolan / Zach Cohen
About Veltyco
Veltyco is a group of companies focused on generating marketing leads and entering into marketing contracts for the activities of various partners in the gaming industry as well as operating its own brands. Veltyco focuses on complementary activities under one umbrella, leveraging its historical cash generative activities of marketing online casinos and sports betting.
Website: www.veltyco.com