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1 Feb 2018 15:31
01 February 2018
Mobile Tornado Group plc
("Mobile Tornado" or the "Group")
DIRECTOR / PDMR SHAREHOLDING
Mobile Tornado (AIM: MBT), the leading provider of instant communication mobile applications to the enterprise market, announces that on 31 January 2018 Peter Wilkinson, Non-Executive Director acquired 2,000,000 ordinary shares in the Group ("Ordinary Shares") at an average price of 5.0 pence per share. As a result, Mr Wilkinson's total holding is now 38,145,141 Ordinary Shares representing 12.78% of the Group's issued share capital.
Mobile Tornado also announces that today Jeremy Fenn, Executive Chairman, transferred 8,000,000 Ordinary Shares from a personal SIPP into his own name. The transaction does not affect Mr Fenn's total holding or the number of Ordinary Shares in which he is beneficially interested.
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | 1. Peter Wilkinson 2. Jeremy Fenn | |
2. | Reason for the notification | ||
(a) | Position/status | 1. Non-Executive Director 2. Executive Chairman | |
(b) | Initial notification/ Amendment | 1. Initial notification 2. Initial notification | |
3. | Details of the issuer | ||
(a) | Name | MOBILE TORNADO GROUP PLC | |
(b) | LEI | 213800N3WLD78UBKC521 | |
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 | 1. Ordinary Shares of 2.0 pence each 2. Ordinary Shares of 2.0 pence each | |
(b) | Identification code of the Financial Instrument | ISIN: GB00B01RQV23 TIDM: MBT | |
(c) | Nature of the transaction | 1. Purchase of Ordinary Shares 2. Transfer of Ordinary Shares from a personal SIPP to own name | |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
1. 5.0p 2. N/A | 1. 2,000,000 2. 8,000,000 | ||
(e) | Aggregated information - Aggregated volume - Price | N/A | |
(f) | Date of the transaction | 1. 31 January 2018 2. 01 February 2018 | |
(g) | Place of the transaction | 1. London Stock Exchange 2. Outside a trading venue | |
For further details please contact:
Mobile Tornado Group plc | www.mobiletornado.com |
Jeremy Fenn, Executive Chairman Avi Tooba, Chief Executive Officer | via Walbrook PR |
Investec Bank plc (Nominated Adviser & Broker) | +44 (0)20 7597 4000 |
Andrew Pinder / Carlton Nelson | |
Walbrook PR Ltd | +44 (0)20 7933 8780 |
Paul Cornelius | or mobiletornado@walbrookpr.com |
Helen Cresswell |
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