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13 Dec 2019 16:38
Ideagen PLC
("Ideagen," "the Company" or the "Group'')
Director Dealing
Ideagen PLC (AIM: IDEA), a leading supplier of Information Management Software to highly regulated industries, announces that Alan Carroll, a non-executive director, has purchased 93 ordinary shares of 1p each in the Company ('Ordinary Shares') at a price of 169.9 pence each (the 'Purchase') as a result of the automatic reinvestment of the Company's recent dividend by his nominated broker.
In addition, Mr Carroll sold 11,566 Ordinary Shares at a price of 168.0 pence each and purchased 11,566 shares at a price of 168.26 pence into his ISA.
Following the Purchase, Mr Carroll's beneficial interest has increased to 204,264 shares representing approximately 0.1% of the Company's issued ordinary share capital.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
Enquiries:
Ideagen plc | 01629 699100 |
David Hornsby, Executive Chairman |
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Ben Dorks, Chief Executive |
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Graeme Spenceley, Finance Director |
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finnCap Limited | 020 7220 0500 |
Henrik Persson/James Thompson (Nomad) |
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Alice Lane (ECM)
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Canaccord Genuity | 020 7523 8000 |
Simon Bridges |
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Richard Andrews |
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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 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.
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 | Alan Carroll | ||||
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 | 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 shares & Sale and buyback of shares to effect a transfer of shares into ISA | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information: ·; Aggregated volume ·; Price | Automatic reinvestment of recent dividend into 93 ordinary shares at a price of 169.9p. Sale of 11,566 ordinary shares at 168p. Buy back, into ISA, of 11,566 ordinary shares at 168.26p | ||||
e) | Date of the transaction | 12 December 2019 | ||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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