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Directors' dealings

2 Jul 2015 07:00

RNS Number : 9323R
TLA Worldwide PLC
02 July 2015
 



2 July 2015

 

TLA Worldwide PLC

("TLA", "the Company" or "the Group")

 

Directors' dealings

 

TLA Worldwide plc (AIM: TLA), the athlete representation and sports marketing business, announces that Greg Genske, a director of the Company, sold 3,991,000 ordinary shares of 2 pence ("ordinary shares") at 41 pence per share in order to settle a tax liability relating to the consideration settled in shares by the Company for the acquisition of LS Legacy Sports LLC in December 2011.

 

Following the sale, Greg Genske will have a voting interest in 4,054,272 ordinary shares representing 2.98% of the Company's total issued share capital.

 

The Company has also been notified that Ian Robinson, a non executive director of the Company, has acquired 40,000 ordinary shares of 2 pence at a price of 41 pence per share. Following the purchase, Ian Robinson will have a voting interest in 40,000 ordinary shares representing 0.03% of the Company's total issued share capital.

 

The Company's total ordinary share capital remains at 136,084,672 ordinary shares of 2 pence each. This figure (136,084,672 ordinary shares) may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the FCA's Disclosure and Transparency Rules.

 

 

Enquiries:

 

TLA Worldwide

Michael Principe, Chief Executive Officer

+1 212 645 2141

Numis Securities

Nick Westlake (Nomad) and Adrian Trimmings (Nomad)

+44 20 7260 1000

David Poutney and Tom Ballard (Broker)

Luther Pendragon

Neil Thapar, Alexis Gore, Amelia Bullock-Muir

+44 20 7618 9100

 

About TLA Worldwide

 

TLA Worldwide is a leading athlete representation, event management and sports marketing group quoted on London's AIM. The Group derives revenues from long term agency relationships with many prominent US and international sports stars, broadcasters and media personalities associated with major sports including the MLB, NFL, NBA, PGA tour, AFL and Olympians and Cricketers. In addition, it also provides a range of services in respect of media consultancy, sports sponsorship and event creation and ownership, including the International Champions Cup tournament in Australia. With over 140 full-time personnel, TLA Worldwide serves its clients from 10 locations worldwide including its offices in London, UK; New York Newport Beach, California, USA; Melbourne, Sydney, Perth and Adelaide, Australia. For more information, please visit www.tlaww-plc.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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