Last checked at 27 Apr 2018 08:08
27 April 2018
Corero Network Security plc
("Corero," the "Company" or the 'Group')
Director/PDMR Shareholding
Further to the announcement made on 5 April 2018, the Result of GM announcement released on 26 April 2018 and Admission of the Placing and Subscription Shares to AIM becoming effective this morning, the Company makes the following disclosures in respect of the participation in the Subscription by certain persons discharging managerial responsibilities and persons closely associated, in accordance with article 19(3) of the Market Abuse Regulation.
Director | Number of New Ordinary Shares subscribed for in the Subscription
| Number of Ordinary Shares held immediately following Admission | Resulting holding as a percentage of the Enlarged Share Capital |
Jens Montanana | 16,382,609* | 154,382,609** | 40.10% |
Andrew Lloyd | 100,000 | 400,000 | 0.10% |
Richard Last | 683,333 | 2,000,000 | 0.52% |
Total | 17,165,942 | 156,782,609 | 40.72% |
* of which 7,686,957 New Ordinary Shares were subscribed by JPM International Limited, which is wholly owned by Jens Montanana, and 8,695,652 New Ordinary Shares which were subscribed by The New Millennium Technology Trust of which Jens Montanana is a beneficiary.
** of which 33,674,846 Ordinary Shares are held in the name of JPM International Limited, which is wholly owned by Jens Montanana, and 102,953,954 Ordinary Shares are held in the name of The New Millennium Technology Trust of which Jens Montanana is a beneficiary.
Capitalised terms used in this announcement shall have the same meaning as those definitions set out in the Circular to shareholders dated 5 April 2018.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Jens Montanana | ||||||
2 | Reason for notification | |||||||
a. | Position/Status | Chairman | ||||||
b. | Initial notification/ Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Corero Network Security plc | ||||||
b. | LEI | 2138001EVYT2OI1C4Y98 | ||||||
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 instrumentIdentification Code | Ordinary Shares of 1p each ISIN: GB00B54X0432 | ||||||
b. | Nature of the transaction | Purchase of Ordinary Shares | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
5.75 pence | 16,382,609 | |||||||
d. | Aggregated information - Aggregated Volume - Price |
N/A - single transaction | ||||||
e. | Date of the transaction | 27 April 2018 | ||||||
f. | Place of the transaction | London Stock Exchange, XLON | ||||||
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Andrew Lloyd | ||||||
2 | Reason for notification | |||||||
a. | Position/Status | President and EVP Sales & Marketing | ||||||
b. | Initial notification/ Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Corero Network Security plc | ||||||
b. | LEI | 2138001EVYT2OI1C4Y98 | ||||||
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 instrumentIdentification Code | Ordinary Shares of 1p each ISIN: GB00B54X0432 | ||||||
b. | Nature of the transaction | Purchase of Ordinary Shares | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
5.75 pence | 100,000 | |||||||
d. | Aggregated information - Aggregated Volume - Price |
N/A - single transaction | ||||||
e. | Date of the transaction | 27 April 2018 | ||||||
f. | Place of the transaction | London Stock Exchange, XLON | ||||||
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Richard Last | ||||||
2 | Reason for 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 | Corero Network Security plc | ||||||
b. | LEI | 2138001EVYT2OI1C4Y98 | ||||||
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 instrumentIdentification Code | Ordinary Shares of 1p each ISIN: GB00B54X0432 | ||||||
b. | Nature of the transaction | Purchase of Ordinary Shares | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
5.75 pence | 683,333 | |||||||
d. | Aggregated information - Aggregated Volume - Price |
N/A - single transaction | ||||||
e. | Date of the transaction | 27 April 2018 | ||||||
f. | Place of the transaction | London Stock Exchange, XLON | ||||||