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18 Oct 2019 08:15
IDE Group Holdings plc
("IDE" or the "Company")
Director's Holding
IDE Group Holdings plc (AIM: IDE), the mid-market network, cloud and IT Managed Services provider, announces that Kestrel Partners LLP ("Kestrel"), a fund management company, has transferred 326,665 Ordinary Shares in IDE to an another account not controlled by Kestrel at the request of an underlying client. Max Royde, Non-Executive Director of the Company is also a co-founder of Kestrel and, for this reason, the transfer requires notification as a director's dealing.
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 | Max Royde | ||||
2 | Reason for the 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 | IDE Group Holdings plc | ||||
b) | LEI | 213800HA4PK7BHINK929 | ||||
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 2.5p each
GB00B4NJ4984 | ||||
b) | Nature of the transaction | Transfer of Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
326,665 ordinary shares £N/A | ||||
e) | Date of the transaction | 16 October 2019 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
For more information, contact:
IDE Group Holdings Plc Andy Parker, Executive Chairman
| Tel: +44 (0)344 874 1000 |
finnCap Limited Nominated Adviser and Broker Corporate finance: Jonny Franklin-Adams/ Hannah Boros ECM: Tim Redfern/ Richard Chambers
| Tel: +44 (0)20 7220 0500 |
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