11 Oct 2022 10:06
BLANCCO TECHNOLOGY GROUP PLC
(the "Company")
Directors' Dealing
The Company announces that, following the vesting of a conditional share award under the Company's performance share plan (as notified to the market on 30 September 2022) Matt Jones, Chief Executive Officer, sold 108,000 Ordinary Shares yesterday to cover his tax liability in relation to the award. The Ordinary Shares were sold at a price of 181.5 pence per share. Matt now holds 469,588 Ordinary Shares in the Company, representing 0.62% of the issued share capital.
The Company also announces that, following vesting of an award under the Company's performance share plan and a subsequent exercise of nil cost options (as notified to the market on 30 September 2022) Adam Moloney, Chief Financial Executive Officer, sold 36,789 Ordinary Shares yesterday to cover his tax liability in relation to the award. The Ordinary Shares were sold at a price of 181.5 pence per share. Adam now holds 216,105 Ordinary Shares in the Company, representing 0.29% of the issued share capital.
The notifications below, made in accordance with the requirements of the Market Abuse Regulation (Regulation (EU) No.596/2014) as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018, provide further detail in respect of the transactions described above.
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Matt Jones | ||||
2. | Reason for the notification | |||||
a) | Position/status: | 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: | Blancco Technology Group plc | ||||
b) | LEI: | 2138008487QKMQTA5428 | ||||
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: | Ordinary Shares of 2p each GB00B06GNN57 | ||||
b) | Nature of the transaction: | Sale | ||||
c) | Price(s) and volume(s): |
| ||||
d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above 108,000 181.5p | ||||
e) | Date of the transaction: | 2022-10-10 | ||||
f) | Place of the transaction: | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Adam Moloney | ||||
2. | Reason for the notification | |||||
a) | Position/status: | Chief Financial Officer | ||||
b) | Initial notification/Amendment: | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | Blancco Technology Group plc | ||||
b) | LEI: | 2138008487QKMQTA5428 | ||||
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: | Ordinary Shares of 2p each GB00B06GNN57 | ||||
b) | Nature of the transaction: | Sale | ||||
c) | Price(s) and volume(s): |
| ||||
d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above 36,789 181.5p | ||||
e) | Date of the transaction: | 2022-10-10 | ||||
f) | Place of the transaction: | London Stock Exchange, AIM Market (XLON) | ||||
For further information:
Blancco Technology Group plc |
Via Buchanan |
Matt Jones, Chief Executive Officer | |
Adam Moloney, Chief Financial Officer | |
Lorraine Young, Company Secretary
| |
Peel Hunt (Nominated Advisor & Joint Broker) | +44 (0) 20 7418 8900 |
Paul Gillam / James Smith
| |
Investec Bank plc (Joint Broker) |
+44 (0) 20 7597 5970 |
Patrick Robb / Nick Prowting
| |
Buchanan Communications Limited Chris Lane / Stephanie Whitmore / Jack Devoy blancco@buchanan.uk.com |
+44 (0) 20 7466 5000 |
About Blancco
Blancco Technology Group plc is a leading global provider of mobile lifecycle solutions and secure data erasure solutions. For more information, please visit www.blancco.com.