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Director Dealing

17 Mar 2022 10:59

RNS Number : 1342F
Deepverge PLC
17 March 2022
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17 March 2022

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DeepVerge PLC

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("DeepVerge" or "the Company" or "the Group")

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Director Dealing

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The Company was notified on 17 March 2022 that Gerard Brandon, the Company's Chief Executive Officer, had on 17 March 2022 purchased 150,000 ordinary shares of 0.1p each ("Ordinary Shares") at an average price of 13.4 pence per share. Mr Brandon's shareholding is now 8,369,901 shares, representing 3.89 per cent. of the Company's issued share capital.

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FORM FOR NOTIFYING DEALINGS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM.

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1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

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Gerard Brandon

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/ Amendment

Initial

3

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

a)

Name

DeepVerge PLC

b)

LEI

213800M477RQVVHVUD72

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 0.1 pence each

Identification code GB00BMGWZY29

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b)

Nature of the transaction

Purchase

c)

Price(s) and volume(s)

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Price(s)

Volume(s)

13.4 pence

150,000

d)

Aggregated information - Aggregated volume and Price

Price(s)

Volume(s)

13.40 pence

150,000

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Total - Β£20,100

e)

Date of the transaction

17 March 2022

f)

Place of the transaction

X.LON

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For further information please contact:

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DeepVerge plc

Gerard Brandon, CEO

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+44 (0) 7340 055 648

SPARK Advisory Partners Limited

(Nominated Adviser)

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Neil Baldwin/Andrew Emmott

+44 (0) 113 370 8974

Turner Pope Investments (TPI) Limited (Broker)

Andy Thacker/James Pope

+44 (0) 20 3657 0050

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Market Abuse Regulation (MAR) Disclosure

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THEΒ UKΒ VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

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END
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