10 Jun 2020 08:57
10 June 2020
Bidstack Group PLC ("Bidstack or "the Company")
Director/PDMR Shareholding
Further to the Company's announcement on 5 June 2020 of the results of its Placing with institutional and other investors and the Subscription by certain directors and others announced on 4 June 2020 raising a combined total of £5.7 million (before expenses) at a price of 4 pence per share, the Company announces the following Director/PDMR Shareholding dealings in accordance with Article 19 of the Market Abuse Regulation:
1. | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Donald Stewart |
2. | Reason for the notification | |
a) | Position/status | Non-Executive Chairman |
b) | Initial notification/Amendment | Initial Notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Bidstack Group Plc |
b) | LEI | 213800Q47UWF61LMRR02 |
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 | Ordinary Shares of 0.5 pence each |
b) | Identification code | GB00BZ7M6059 |
c) | Nature of the transactions | Director participating in subscription |
d) | Price(s) and volume(s) | Price: 4 pence per share Volume: 625,000 shares |
e) | Aggregated information - Aggregated volume - Price | As for d) above |
f) | Date of the transactions | 10 June 2020 |
f) | Place of the transactions | Off-market |
1. | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | John McIntosh |
2. | Reason for the notification | |
a) | Position/status | Finance Director |
b) | Initial notification/Amendment | Initial Notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Bidstack Group Plc |
b) | LEI | 213800Q47UWF61LMRR02 |
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 | Ordinary Shares of 0.5 pence each |
b) | Identification code | GB00BZ7M6059 |
c) | Nature of the transactions | Director participating in subscription |
d) | Price(s) and volume(s) | Price: 4 pence per share Volume: 750,000 shares |
e) | Aggregated information - Aggregated volume - Price | As for d) above |
f) | Date of the transactions | 10 June 2020 |
f) | Place of the transactions | Off-market |
1. | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Michael Hayes |
2. | Reason for the notification | |
a) | Position/status | Non-Executive Director |
b) | Initial notification/Amendment | Initial Notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Bidstack Group Plc |
b) | LEI | 213800Q47UWF61LMRR02 |
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 | Ordinary Shares of 0.5 pence each |
b) | Identification code | GB00BZ7M6059 |
c) | Nature of the transactions | Director participating in subscription |
d) | Price(s) and volume(s) | Price: 4 pence per share Volume: 500,000 shares |
e) | Aggregated information - Aggregated volume - Price | As for d) above |
f) | Date of the transactions | 10 June 2020 |
f) | Place of the transactions | Off-market |
1. | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Derek Wise |
2. | Reason for the notification | |
a) | Position/status | Non-Executive Director |
b) | Initial notification/Amendment | Initial Notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Bidstack Group Plc |
b) | LEI | 213800Q47UWF61LMRR02 |
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 | Ordinary Shares of 0.5 pence each |
b) | Identification code | GB00BZ7M6059 |
c) | Nature of the transactions | Director participating in subscription |
d) | Price(s) and volume(s) | Price: 4 pence per share Volume: 250,000 shares |
e) | Aggregated information - Aggregated volume - Price | As for d) above |
f) | Date of the transactions | 10 June 2020 |
f) | Place of the transactions | Off-market |
1. | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Lewis Sherlock |
2. | Reason for the notification | |
a) | Position/status | Vice President Sales |
b) | Initial notification/Amendment | Initial Notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Bidstack Group Plc |
b) | LEI | 213800Q47UWF61LMRR02 |
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 | Ordinary Shares of 0.5 pence each |
b) | Identification code | GB00BZ7M6059 |
c) | Nature of the transactions | PDMR participating in subscription |
d) | Price(s) and volume(s) | Price: 4 pence per share Volume: 1,000,000 shares |
e) | Aggregated information - Aggregated volume - Price | As for d) above |
f) | Date of the transactions | 10 June 2020 |
f) | Place of the transactions | Off-market |
1. | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Lisa Hau |
2. | Reason for the notification | |
a) | Position/status | Chief Strategy Officer |
b) | Initial notification/Amendment | Initial Notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Bidstack Group Plc |
b) | LEI | 213800Q47UWF61LMRR02 |
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 | Ordinary Shares of 0.5 pence each |
b) | Identification code | GB00BZ7M6059 |
c) | Nature of the transactions | PDMR participating in subscription |
d) | Price(s) and volume(s) | Price: 4 pence per share Volume: 125,000 shares |
e) | Aggregated information - Aggregated volume - Price | As for d) above |
f) | Date of the transactions | 10 June 2020 |
f) | Place of the transactions | Off-market |
~ENDS~
Contacts
Bidstack Group PLC James Draper, CEO |
via Buchanan |
SPARK Advisory Partners Limited (Nomad) Mark Brady / Neil Baldwin / James Keeshan |
+44 (0) 203 368 3550 |
Stifel Nicholas Europe Limited (Broker) Fred Walsh |
+44 (0) 20 7710 7600 |
Buchanan Communications Limited Chris Lane / Stephanie Watson / Kim van Beeck bidstack@buchanan.uk.com |
+44 (0) 20 7466 5000 |
Notes to editors
Bidstack
Bidstack is an advertising technology company which provides dynamic, targeted and automated native in-game advertising for the global video games industry across multiple platforms. Its proprietary technology is capable of inserting adverts into natural advertising space within video games. Bidstack's customers are games publishers and developers (on the supply side), and advertising agencies, brands and programmatic advertising platforms (on the demand side).
Bidstack contracts exclusive access to the native in-game advertising spaces within video games from their developers or publishers and sells that advertising space either directly to specific brands and their agencies or through programmatic advertising platforms.