1 Nov 2017 17:18
Ideagen PLC
("Ideagen," "the Company" or the "Group'')
PDMR / PCA Dealing
Ideagen PLC (AIM: IDEA), a leading supplier of Information Management Software to highly regulated industries, announces that on 31 October 2017, Tri Castle Investments Ltd, a company wholly controlled by Jonathan Wearing, Non-Executive Chairman of the Company, sold 100,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at 79 pence per Ordinary Share (the "Transaction").
Following the Transaction, Jonathan Wearing will have a beneficial interest in 4,339,066 Ordinary Shares, representing approximately 2.17 % of the current issued share capital of the Company.
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Jonathan Wearing | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Persons Closely Associated with Jonathan Wearing, Non-Executive Chairman of the Company | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
b) | LEI | n/a | ||||
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 | Disposal of ordinary shares of 1 pence each | ||||
Identification code | GB00B0CM0C50 | |||||
b) | Nature of the transaction | Disposal of shares | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information: · Aggregated volume · Price |
100,000 ordinary shares of 1 pence each at 79 pence per ordinary share | ||||
e) | Date of the transaction | 31 October 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market | ||||
Enquiries:
Ideagen plc | 01629 699100 |
David Hornsby, Chief Executive |
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Graeme Spenceley, Finance Director |
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finnCap Limited | 020 7220 0500 |
Stuart Andrews/Henrik Persson/James Thompson (Nomad) |
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Stephen Norcross (Corporate Broking) |
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About Ideagen plc
Ideagen is a UK company quoted on the London Stock Exchange AIM market (Ticker: IDEA.L).
Ideagen is a supplier of Information Management software with operations in the UK, the United States and the Middle East. The Company specialises in GRC (Governance, Risk and Compliance) and Content and Clinical solutions with a primary focus on organisations operating within highly regulated industries. With an excellent portfolio of software products, Ideagen is able to provide complete information lifecycle solutions that enable organisations to reduce risk, meet their regulatory and compliance standards, helping them to reduce costs and improve efficiency.
The Group has a customer base of over 3,000 organisations using the Ideagen suite of products, including many blue chip names such as BAE Systems, Emirates, Shell and the European Central Bank as well as 150 hospitals in the UK and US.
For further information please visit www.ideagen.com