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Director/PDMR Shareholding

4 May 2020 14:16

RNS Number : 8529L
Minds + Machines Group Limited
04 May 2020
 

Minds + Machines Group Limited

("MMX", the "Company")

 

Director/PDMR Shareholding

Minds + Machines Group Limited (AIM: MMX), the top-level domain registry company, announces that it has been informed that Lombard Odier Asset Management (Europe) Limited, a person closely associated ("PCA") with Henry Turcan, Non-Executive Director of the Company, has completed the share transaction set out in the table below.

-ends-

For further information

Minds + Machines Group Limited

Toby Hall, CEO

Tel: +44 (0) 7713 341072

Michael Salazar, COO/CFO

Tel: +1 (310) 740 7499

finnCap Ltd

Tel:+ 44 (0) 20 7220 0500

Corporate finance - Carl Holmes/Simon Hicks

Corporate broking - Tim Redfern/Richard Chambers

Belvedere Communications Limited

Tel: +44 (0) 74 070 23147

John West

Llew Angus

 

About MMX

Minds + Machines Group Limited (LSE: MMX) is the owner of a world class portfolio of 32 ICANN approved top-level domains (gTLDs). The Company generates revenues through the registration and annual renewal of names by organisations and individuals within each of its top-level domains, sales being processed through the Group's online network of global registrar and distribution partners.

 

The MMX portfolio is currently focused around generic names (e.g. .work, .vip), consumer interest (e.g. .fashion, .wedding), lifestyle (e.g. .fit, .surf, .yoga), professional occupations (e.g. .law), and geographic domains (e.g. .london, .boston, .miami, .bayern). In 2018, the Company completed its first acquisition, the ICM portfolio, and launched its first innovation based project, .luxe, which combines the strengths of the World Wide Web's naming system with that of blockchain. In 2019, it launched its second innovation initiative in the brand protection arena. For more information on MMX, please visit www.mmx.co

 

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 

 

The notifications below are made in accordance with the requirements of the EU Market Abuse Regulation, requiring notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Lombard Odier Asset Management (Europe) Limited

2

 

Reason for the notification

 

a)

 

Position/status

 

PCA of Henry Turcan, 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

 

Minds Plus Machines Group Limited

b)

 

LEI

 

2138008VAFDJAYYYNP95

In accordance with ISO 1744 LEI code.

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

GBP

Identification code

VGG614091012

 

b)

 

Nature of the transaction

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

 

 

0.06

8,622,912

 

 

 

 

 

d)

 

Aggregated information

- Aggregated volume

8,622,912

- Price

0.06

e)

 

Date of the transaction

 

1 May 2020

f)

 

Place of the transaction

 

London Stock Exchange

XLON

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHBXGDUSBGDGGS
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