Last checked at 18 Feb 2021 07:00
18 February 2021
Learning Technologies Group plc
("LTG", "the Group", "the Company")
(AIM: LTG)
Director Dealing
Learning Technologies Group plc, the provider of services and technologies for digital learning and talent management, announces that on 17 February 2021 Jonathan Satchell (Chief Executive Officer) transferred 8,000,000 Ordinary Shares in the Company at the closing price of 174.4 pence per Ordinary Share to The Satchell Trust. Mr Satchell and his wife are the sole Trustees and his children have beneficial interest, and therefore the Trust is considered to be a Person Closely Associated with Mr Satchell.
Following the transaction above, Mr Satchell and family will have the following interests in the Company's share capital:
Name | Number of Ordinary Shares prior to this transaction | Number of Ordinary Shares following this transaction | % of issued share capital |
Jonathan Satchell | 75,336,845 | 67,336,845 | 9.12% |
The Satchell Trust | 0 | 8,000,000 | 1.08% |
The notification of dealing forms can be found below.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Jonathan Satchell | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| 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
| Learning Technologies Group plc | ||||
b)
| LEI | 21380039DW5LJ4FIC214 | ||||
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
|
Ordinary shares of 0.375p each
GB00B4T7HX10 | ||||
b)
| Nature of the transaction
| Transfer of ordinary shares of 0.375 pence to a family Trust | ||||
c)
|
Price(s) and volume(s) |
| ||||
d)
| Aggregated information | See 4 (c) above | ||||
e)
| Date of the transaction
| 17 February 2021
| ||||
f)
| Place of the transaction
| Outside of a trading venue | ||||
Enquiries:
Learning Technologies Group plc Jonathan Satchell, Chief Executive Neil Elton, Chief Financial Officer
| +44 (0)20 7832 3440 |
Numis Securities Limited (NOMAD and Corporate Broker) Stuart Skinner, Nick Westlake, Ben Stoop
| +44 (0)20 7260 1000 |
Goldman Sachs International (Joint Corporate Broker) Bertie Whitehead, Adam Laikin
| +44 (0)20 7774 1000 |
FTI Consulting (Public Relations Adviser) Rob Mindell, Jamie Ricketts, Chris Birt | +44 (0)20 3727 1000 |
About LTG
Learning Technologies Group plc (LTG) is a leader in the growing workplace digital learning and talent management market. The Group offers end-to-end learning and talent solutions ranging from strategic consultancy, through a range of content and platform solutions to analytical insights that enable corporate and government clients to close the gap between current and future workforce capability.
LTG is listed on the London Stock Exchange's Alternative Investment Market (LTG.L) and headquartered in London. The Group has offices in Europe, North America, South America and Asia-Pacific.