20 Nov 2019 11:58
Ideagen PLC
("Ideagen," "the Company" or the "Group'')
Director/PDMR Dealings and Total Voting Rights
Ideagen PLC (AIM: IDEA), a leading supplier of Information Management Software to highly regulated industries, announces the following dealings in ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") by certain directors and PDMRs of the Company:
Name | Position | Dealing | Number of Ordinary Shares | Exercise/Dealing price (pence) |
Graeme Spenceley | Chief Financial Officer | Exercise of share options | 800,000 | 9.00 |
Graeme Spenceley | Chief Financial Officer | Exercise of share options | 795,000 | 22.38 |
Barnaby Kent | Chief Operating Officer | Exercise of share options | 1,000,000 | 22.38 |
Graeme Spenceley | Chief Financial Officer | Sale of Ordinary Shares | 190,000 | 150.00 |
Barnaby Kent | Chief Operating Officer | Sale of Ordinary Shares | 170,000 | 150.00 |
Alex Hewitt | Chief Legal Officer (PDMR) | Purchase of Ordinary Shares | 126,000 | 150.00 |
Mr Spenceley and Mr Kent's sales of Ordinary Shares were to cover the option exercise costs and associated taxation. As a result of the transactions listed above Mr Spenceley and Mr Kent's beneficial interests in Ordinary Shares have increased by 1,405,000 and 830,000 respectively. The resultant shareholdings of Messrs Spenceley, Kent and Hewitt are as follows:
Name | Beneficial interest in Ordinary Shares | Percentage of total voting rights of the Company (%) |
Graeme Spenceley | 2,234,595 | 0.99 |
Barnaby Kent | 3,109,535 | 1.37 |
Alex Hewitt | 131,750 | 0.06 |
Application has been made to the London Stock Exchange for the 2,595,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 26 November 2019.
After Admission, the total number of Ordinary Shares in issue will be 226,187,708 and the total number of voting rights will therefore be 226,187,708. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
The information communicated in this announcement includes inside information for the purposes of Article 7 of Regulation 596/2014
Enquiries:
Ideagen plc | 01629 699100 |
David Hornsby, Executive Chairman | |
Ben Dorks, Chief Executive | |
Graeme Spenceley, Finance Director | |
finnCap Limited | 020 7220 0500 |
Henrik Persson/James Thompson (Nomad) | |
Alice Lane (ECM) | |
Canaccord Genuity | 020 7523 8000 |
Simon Bridges | |
Richard Andrews |
About Ideagen plc
Ideagen is a UK-headquartered, global technology company quoted on the London Stock Exchange AIM market (Ticker: IDEA.L).
The Group provides IRM software and services to organisations operating within highly regulated industries such as aviation, banking and finance and life science, with its main operational premises spread throughout the UK, EU, US, Middle East and SE Asia.
With an excellent portfolio of software products including Q-Pulse, Coruson, Pentana Audit and PleaseReview, Ideagen helps its clients reduce costs, improve operational efficiency, strengthen compliance and oversight and anticipate and manage every detail of risk.
Currently, more than 4,700 organisations use Ideagen's products including seven of the top 10 UK accounting firms, all of the top aerospace and defence companies and 75% of the world's leading pharmaceutical firms.
Ideagen's diverse and varied customer base includes many well-known, global brands such as British Airways, Aggreko, BAE, Ryanair, US Navy, KLM, BBVA, Bank of New York, Commerzbank, Meggitt, Heineken, Johnson Matthey, Haeco Group and European Central Bank. As well as this, Ideagen counts 180 hospitals across the UK and US amongst its client base.
For further information please visit www.ideagen.com
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Graeme Spenceley | ||||||
2. | Reason for the Notification | |||||||
a) | Position/status | CFO | ||||||
b) | Initial notification/Amendment | Initial notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Ideagen plc | ||||||
b) | LEI | 213800KS1MLITOVNYC85 | ||||||
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 | Ordinary Shares of 1p each | ||||||
Identification code | GB00B0CM0C50 | |||||||
b) | Nature of the transaction | Exercise of Options over Ordinary Shares | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information: ·; Aggregated volume ·; Price |
1,595,000 options over ordinary shares of 1p each exercised | ||||||
e) | Date of the transaction | 20 November 2019 | ||||||
f) | Place of the transaction | Off market transaction | ||||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Graeme Spenceley | ||||
2. | Reason for the Notification | |||||
a) | Position/status | CFO | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ideagen plc | ||||
b) | LEI | 213800KS1MLITOVNYC85 | ||||
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 | Ordinary Shares of 1p each | ||||
Identification code | GB00B0CM0C50 | |||||
b) | Nature of the transaction | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: ·; Aggregated volume ·; Price |
190,000 ordinary shares of 1p each sold at 150 pence each | ||||
e) | Date of the transaction | 20 November 2019 | ||||
f) | Place of the transaction | London Stock Exchange AIM (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Barnaby Kent | ||||
2. | Reason for the Notification | |||||
a) | Position/status | COO | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ideagen plc | ||||
b) | LEI | 213800KS1MLITOVNYC85 | ||||
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 | Ordinary Shares of 1p each | ||||
Identification code | GB00B0CM0C50 | |||||
b) | Nature of the transaction | Exercise of Options over Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: ·; Aggregated volume ·; Price |
1,000,000 options over ordinary shares of 1p each exercised | ||||
e) | Date of the transaction | 20 November 2019 | ||||
f) | Place of the transaction | Off market transaction | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Barnaby Kent | ||||
2. | Reason for the Notification | |||||
a) | Position/status | COO | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ideagen plc | ||||
b) | LEI | 213800KS1MLITOVNYC85 | ||||
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 | Ordinary Shares of 1p each | ||||
Identification code | GB00B0CM0C50 | |||||
b) | Nature of the transaction | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: ·; Aggregated volume ·; Price |
170,000 ordinary shares of 1p each sold at 150 pence each | ||||
e) | Date of the transaction | 20 November 2019 | ||||
f) | Place of the transaction | London Stock Exchange AIM (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Alex Hewitt | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Chief Legal Officer | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ideagen plc | ||||
b) | LEI | 213800KS1MLITOVNYC85 | ||||
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 | Ordinary Shares of 1p each | ||||
Identification code | GB00B0CM0C50 | |||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: ·; Aggregated volume ·; Price |
126,000 ordinary shares of 1p each purchased at 150 pence each | ||||
e) | Date of the transaction | 20 November 2019 | ||||
f) | Place of the transaction | London Stock Exchange AIM (XLON) | ||||