Last checked at 19 Jan 2024 16:40
IQGeo Group plc
(the "Company" or the "Group")
Director Dealing
IQGeo Group plc (AIM: IQG), a leading developer of geospatial productivity and collaboration software for telecoms and utility network operators, announces that Robert Sansom, Non-Executive Director of the Company, has sold 1,065,000 ordinary shares of 2 pence in the Company ("Ordinary Shares") at a price of 303 pence per Ordinary Share in order to expand the Company's share register with the introduction of a major institutional investor.
Mr Sansom retains a beneficial interest in 3,355,729 Ordinary Shares, representing 5.44 per cent. of the total issued share capital of the Company, following this transaction.
For further information contact:
IQGeo Group plc +44 1223 606655
Richard Petti
Haywood Chapman
Cavendish Capital Markets Limited +44 20 7220 0500
Henrik Persson, Seamus Fricker (Corporate Finance)
Tim Redfern (ECM)
Notes to editors
Telecommunications and utility operators are "Building better networks" with IQGeo's award-winning software solutions. The ability to powerfully model any network requirement, integrate every system and data source, and support field and office teams with continual innovation is helping operators create the networks of the future. Our solutions ensure greater cross-team collaboration and process efficiency throughout the network lifecycle, from planning and design to construction, operations, and sales.
Whether it's highly competitive fiber and 5G broadband rollouts or complex utility grid modernization projects, IQGeo's enterprise solutions, our OSPInsight fiber design software, and our Comsof automated planning software are proven industry leaders. We partner with large multinationals and smaller regional operators to deliver the digital innovation they need to increase network resilience, operational safety, and business ROI.
Headquartered in Cambridge, with offices in Denver, Ghent, Toronto, Frankfurt and Tokyo, we work with some of the largest network infrastructure operators in the world. For more information visit: www.iqgeo.com/
IQGeo trades on AIM with the ticker IQG.
For additional information please visit www.iqgeo.com
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU No. 596/2014) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them are set out below pursuant to the EU Market Abuse regulation.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Robert Sansom | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Non-Executive Director | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| IQGEO Group plc | ||||
b)
| LEI
| 213800P2PCLCEFANB194 | ||||
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
| 2p Ordinary Shares
ISIN: GB00B3NCXX73
| ||||
b)
| Nature of the transaction
| Sale of Ordinary Shares
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price | As above
| ||||
e)
| Date of the transaction
| 19 January 2024
| ||||
f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON) | ||||