Last checked at 10 Dec 2019 16:39
10 December 2019
Journeo plc
("Journeo" or the "Company")
Director Dealing
Journeo (AIM: JNEO), the specialist provider of integrated IoT systems and software to the passenger transport markets, was informed of the following dealings in ordinary shares of 6.5p each in the capital of the Company ("Ordinary Shares") in the Placing that was announced today.
Russ Singleton, the Company's Chief Executive Officer, subscribed for 112,250 Ordinary Shares at a price of 50 pence per share.
Mark Elliott, Non-Executive Chairman of the Company, subscribed for 100,000 Ordinary Shares at a price of 50 pence per share.
Jamie Cumming, Non-Executive Director of the Company, subscribed for 25,000 Ordinary Shares at a price of 50 pence per share.
Further to those dealings, the respective interests of Mr Singleton, Mr Elliott and Mr Cumming in Ordinary Shares are as follows:
Number | % of Issued Share Capital
| |
Russ Singleton | 300,000 | 3.64% |
Mark Elliott | 100,000 | 1.22% |
Jamie Cumming | 25,000 | 0.30% |
The Company has 8,227,500 Ordinary Shares in issue (none of which are held in Treasury).
The information below set out in accordance with the requirement of the EU Market Abuse Regulation provides further detail.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Russ Singleton | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Director - Chief Executive Officer | |||
b)
| Initial notification /Amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Journeo plc | |||
b)
| LEI
| 213800TKF7L4IEV9W867 | |||
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 6.5p each | |||
Identification code | GB00BKP51V79 | ||||
b)
| Nature of the transaction
| Purchase of shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Purchase of shares | 50p | 112,250 | |||
d)
| Aggregated information | Purchase of shares | |||
- Aggregated volume | 112,250 | ||||
- Price | £56,125 | ||||
e)
| Date of the transaction
| 10/12/2019 | |||
f)
| Place of the transaction | London Stock Exchange, AIM | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Mark Elliott | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Non-Executive Chairman | |||
b)
| Initial notification /Amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Journeo plc | |||
b)
| LEI
| 213800TKF7L4IEV9W867 | |||
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 6.5p each | |||
Identification code | GB00BKP51V79 | ||||
b)
| Nature of the transaction
| Purchase of shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Purchase of shares | 50p | 100,000 | |||
d)
| Aggregated information | Purchase of shares | |||
- Aggregated volume | 100,000 | ||||
- Price | £50,000 | ||||
e)
| Date of the transaction
| 10/12/2019 | |||
f)
| Place of the transaction | London Stock Exchange, AIM | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Jamie Cumming | |||
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
| Journeo plc | |||
b)
| LEI
| 213800TKF7L4IEV9W867 | |||
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 6.5p each | |||
Identification code | GB00BKP51V79 | ||||
b)
| Nature of the transaction
| Purchase of shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Purchase of shares | 50p | 25,000 | |||
d)
| Aggregated information | Purchase of shares | |||
- Aggregated volume | 25,000 | ||||
- Price | £12,500 | ||||
e)
| Date of the transaction
| 10/12/2019 | |||
f)
| Place of the transaction | London Stock Exchange, AIM | |||
Enquiries:
| |
Journeo plc | www.journeo.com |
Russ Singleton (Chief Executive Officer) Nick Lowe (Chief Financial Officer | +44 (0) 8448717990 |
WH Ireland Limited (Nominated Adviser and Broker) | www.whirelandcb.com |
Mike Coe / Chris Savidge (Corporate Finance) | +44 (0) 117 945 3470 |