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Director Dealing

7 Apr 2022 07:00

RNS Number : 5568H
CentralNic Group PLC
07 April 2022
 

7 April 2022

CentralNic Group plc

 

("CentralNic" or the "Company")

Director Dealing

 

CentralNic Group Plc (AIM: CNIC) announces that it has been notified that on 4th April 2022 Don Baladasan, Group Managing Director and a director of the Company, entered into a facility agreement with W management Services Ltd pursuant to which 2,000,000 ordinary shares in the Company have been pledged as collateral. Don remains the beneficial owner of the shares, subject to the pledge, and retains full voting rights attaching to the shares.

 

As a result, Don's beneficial interest in CentralNic ordinary shares remains unchanged at 2,733,606 representing approximately 0.95% of the Company's issued share capital.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Don Baladasan

2

Reason for the notification

a)

Position/status

Group Managing Director

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

CentralNic Group plc

b)

LEI

213800M4IINBWMXEKV82

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 £0.001

 

GB00BCCW4X83

b)

Nature of the transaction

Shares pledged by Don Baladasan as collateral for any amounts which may become due under a loan with W management Services Ltd

c)

Price(s) and volume(s)

Exercise of share option

 Price(s)

Volume(s)

N/A

2,000,000

 

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

4 April 2022

f)

Place of the transaction

Outside of a trading venue

 

 

 

For further information:

 

CentralNic Group Plc

Ben Crawford, Chief Executive Officer

Don Baladasan, Group Managing Director

Michael Riedl, Chief Financial Officer

 +44 (0) 203 388 0600

Zeus (NOMAD and Joint Broker)

Nick Cowles / Jamie Peel / James Edis (Investment Banking)

Dominic King (Corporate Broking)

 +44 (0) 161 831 1512

+44 (0) 203 829 5000

Berenberg (Joint Broker)

Mark Whitmore / Richard Andrews / Alix Mecklenburg-Solodkoff

+44 (0) 20 3207 7800

 

SEC Newgate (for Media)

Bob Huxford / Max Richardson / Isabelle Smurfit

 

 

+44 (0) 203 757 6880

centralnic@secnewgate.co.uk

 

 

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