1 Apr 2019 17:00
1 April 2019
Micro Focus International plc ("Micro Focus" or the "Company")
Director / PDMR Shareholding
Directors Increase Shareholdings through Exercise of Options
Micro Focus International plc (the "Company", LSE: MCRO.L, NYSE: MFGP) announces that Kevin Loosemore, Executive Chairman and Stephen Murdoch, Chief Executive Officer, have increased their shareholdings in the Company by exercising nil cost option awards under the Micro Focus Additional Share Grant Programme (ASGs) and Incentive Plan 2005 (LTIPs) as follows:
1. Kevin Loosemore increased his total shareholding in the Company by 501,094 shares to a total of 1,248,633 shares by exercising 947,140 ASGs, of which 446,046 shares were sold to cover tax and NIC liabilities and commission charges; and
2. Stephen Murdoch increased his total shareholding in the Company to 332,874 shares by exercising 405,917 ASGs and 213,076 LTIPs, of which 291,509 shares were sold to cover tax and NIC liabilities and commission charges.
Notification of transaction by PDMRs
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | KEVIN LOOSEMORE (PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES)
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2 | Reason for the notification | |||||||
a) | Position/status | DIRECTOR
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b) | Initial notification /Amendment | INITIAL NOTIFICATION | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | MICRO FOCUS INTERNATIONAL PLC
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b) | LEI | 213800F8E4X648142844
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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 10 PENCE EACH
GB00BD8YM01 | ||||||
b) | Nature of the transaction | 1. ACQUISITION OF ORDINARY SHARES OF 10 PENCE EACH FOLLOWING THE EXERCISE OF OPTIONS UNDER THE MICRO FOCUS ADDITIONAL SHARE GRANT PROGRAMME 2. SALE OF A PROPORTION OF THE ABOVE ACQUIRED ORDINARY SHARES IN ORDER TO COVER TAX AND NIC LIABILITIES AND COMMISSION CHARGES ARISING ON EXERCISE OF THE ABOVE NOTED OPTIONS | ||||||
c)
| Price(s) and volume(s)
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d) | Aggregated information
- Aggregated volume
- Price
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N/A
N/A | ||||||
e) | Date of the transaction | 1 April 2019
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f) | Place of the transaction | London Stock Exchange
XLON | ||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | STEPHEN MURDOCH (PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES)
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2 | Reason for the notification | |||||||
a) | Position/status | DIRECTOR
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b) | Initial notification /Amendment | INITIAL NOTIFICATION | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | MICRO FOCUS INTERNATIONAL PLC
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b) | LEI | 213800F8E4X648142844
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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 10 PENCE EACH
GB00BD8YM01 | ||||||
b) | Nature of the transaction | 1. ACQUISITION OF ORDINARY SHARES OF 10 PENCE EACH FOLLOWING THE EXERCISE OF OPTIONS UNDER THE MICRO FOCUS ADDITIONAL SHARE GRANT PROGRAMME AND INCENTIVE PLAN 2005 2. SALE OF A PROPORTION OF THE ABOVE ACQUIRED ORDINARY SHARES IN ORDER TO COVER TAX AND NIC LIABILITIES AND COMMISSION CHARGES ARISING ON EXERCISE OF THE ABOVE NOTED OPTIONS | ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d) | Aggregated information
- Aggregated volume
- Price
|
N/A
N/A | ||||||
e) | Date of the transaction | 1 April 2019
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f) | Place of the transaction | London Stock Exchange
XLON | ||||||
Enquiries:
Micro Focus | Tel: +44 (0) 1635 565200 |
Tim Brill, IR Director |
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Ben Donnelly, IR Manager |
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Powerscourt | Tel: +44 (0)20 7250 1446 |
Elly Williamson |
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Celine MacDougall |
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About Micro Focus
Micro Focus (LSE: MCRO.L, NYSE: MFGP) is a global enterprise software company supporting the technology needs and challenges of the Global 2000. Our solutions help organizations leverage existing IT investments, enterprise applications and emerging technologies to address complex, rapidly evolving business requirements while protecting corporate information at all times. Our product portfolios are Security, IT Operations Management, Application Delivery Management, Information Management & Governance and Application Modernization & Connectivity. For more information, visit: www.microfocus.com