23 Jul 2021 08:23
23 July 2021
Bidstack Group PLC ("Bidstack or "the Company")
Director/PDMR Shareholdings
Further to the Company's announcement on 23 July 2021 of the Admission of the New Ordinary Shares arising from the Company's Placing with institutional and other investors and the Subscription by certain directors and others, announced on 2 July 2021 raising a combined total of £10.8 million (before expenses) at a price of 2 pence per share, as part of the Subscription Donald Stewart, Chairman of Bidstack, has subscribed for 1,500,000 New Ordinary Shares, John McIntosh, Director, has subscribed for 1,000,000 New Ordinary, Lisa Hau, Director, has subscribed for 1,000,000 New Ordinary Shares and Bryan Neider, non-Executive Director, has subscribed for 750,000 New Ordinary Shares.
Following Admission, the Directors' interests in Ordinary Shares are as follows:
Director | Total number of Ordinary Shares | Proportion of the Enlarged Share Capital (%) |
Donald Stewart | 3,524,876 | 0.38% |
James Draper | 39,760,562 | 4.27% |
Francesco Petruzzelli | 5,750,000 | 0.62% |
John McIntosh | 1,950,000 | 0.21% |
Lisa Hau | 1,125,000 | 0.12% |
Glen Calvert | - | - |
Bryan Neider | 750,000 | 0.08% |
Total: | 52,860,438 | 5.68% |
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: 2 pence per share Volume: 1,500,000 shares |
e) | Aggregated information - Aggregated volume - Price | As for d) above |
f) | Date of the transactions | 23 July 2021 |
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: 2 pence per share Volume: 1,000,000 shares |
e) | Aggregated information - Aggregated volume - Price | As for d) above |
f) | Date of the transactions | 23 July 2021 |
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 Operating 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 | Director participating in subscription |
d) | Price(s) and volume(s) | Price: 2 pence per share Volume: 1,000,000 shares |
e) | Aggregated information - Aggregated volume - Price | As for d) above |
f) | Date of the transactions | 23 July 2021 |
f) | Place of the transactions | Off-market |
1. | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Bryan Neider |
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: 2 pence per share Volume: 750,000 shares |
e) | Aggregated information - Aggregated volume - Price | As for d) above |
f) | Date of the transactions | 23 July 2021 |
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 |
Cenkos Securities Plc (Joint Broker) Michael Johnson / Dale Bellis (Sales)
Giles Balleny (Corporate Finance) |
+44 (0) 20 7397 1933 +44 (0) 20 7397 1928 +44 (0) 20 7397 8951 |
Stifel Nicolaus Europe Limited (Joint Broker) Fred Walsh / Luisa Orsini Baroni |
+44 (0) 20 7710 7600 |
Buchanan Communications Limited Chris Lane / Stephanie Watson / Kim van Beeck bidstack@buchanan.uk.com |
+44 (0) 20 7466 5000 |