2 Oct 2018 07:00
For release: 07:00, 2 October 2018
Minds + Machines Group Limited
("MMX", the "Group")
Director/PDMR Shareholding
Minds + Machines Group Limited (AIM: MMX), the top-level domain registry company, was on 1 October 2018 notified of the following transactions in its ordinary shares of no par value in the Company ("Ordinary Shares") by Guy Elliott, Non-Executive Chairman of the Company. Following the Sales and Purchases reported below Mr Elliott's total beneficial interest in the Company increased to 20,750,000 Ordinary Shares, representing approximately 2.6 per cent. of the Company's issued share capital.
On 28 September 2018, Mr Elliott sold 249,998 Ordinary Shares at a price of 6.5 pence per Ordinary Share and on 1 October 2018, Mr Elliott sold 250,002 Ordinary Shares at a price of 6.25 pence per Ordinary Share (together, the "Sales"). The Sales were made by the Elliott Family Trust.
On 28 September 2018, Mr Elliot purchased 250,000 Ordinary Shares at a price of 6.5 pence per Ordinary Share and 500,000 Ordinary Shares at a price of 6.63 pence per Ordinary Share and on 1 October 2018 Mr Elliott purchased 250,000 Ordinary Shares at a price of 6.5 pence per Ordinary Share (together, the "Purchases"). The Purchases were all made in Mr Elliott's own name.
For further information: www.mmx.com:
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About MMX
Minds + Machines Group Limited (LSE: MMX) is the owner and operator of a world class portfolio of 32 top-level domain assets (gTLDs). As a sales and marketing-led registry business, we are focused on commercialising our portfolio in partnership with our expanding global network of distribution partners.
The MMX portfolio is currently focused around geographic domains (e.g. .london, .boston, .miami, .bayern), professional occupations (e.g. .law, .abogado, and .dds), consumer interests (e.g. .fashion, .wedding, .vip), lifestyle (e.g. .fit, .surf, .yoga), outdoor activities (e.g..fishing, .garden, .horse) and generic names such as .work and .casa. The Company also recently acquired the ICM portfolio of four high value, niche TLDs. As a business, we work through our expanding international network of registrars and distribution partners to bring the benefits of affinity based domain addresses and identifiers to B2B and consumer audiences.
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
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 | Guy 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 | Minds + Machines Group Limited | |||||||||||||||||||||
b) | LEI | 2138008VAFDJAYYYNP95 | |||||||||||||||||||||
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 | |||||||||||||||||||||
Identification code | VGG614091012 | ||||||||||||||||||||||
b) | Nature of the transaction | Sale of Ordinary Shares Purchase of Ordinary Shares | |||||||||||||||||||||
c) | Price(s) and volume(s) | Sale of Ordinary Shares
Purchase of Ordinary Shares
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d) | Aggregated information: · Aggregated volume · Price | Sale of 500,000 Ordinary Shares at an average of 6.37 pence per Ordinary Share Purchase of 1,000,000 Ordinary Shares at an average of 6.57 pence per Ordinary Share | |||||||||||||||||||||
e) | Date of the transaction | See 4 (c) above | |||||||||||||||||||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | |||||||||||||||||||||