23 Jan 2020 10:15
23 January 2020
Blue Prism Group plc
("Blue Prism" or the "Group")
DIRECTOR/ PDMR TRANSACTION
Blue Prism (AIM: PRSM), a global leader in Robotic Process Automation ("RPA"), announces that its CEO, Alastair Bathgate, has exercised options in respect 497,436 ordinary shares of 1p each in the Group ("Ordinary Shares"). The options were granted on the Group's IPO in 2016 and had an exercise price of 78p per Ordinary Share.
Alastair Bathgate has sold 170,000 of the resulting Ordinary Shares at a price of 1381.57p each in order to fund the exercise price and estimated tax and national insurance payments in relation to the exercise.
Following these transactions, Alastair Bathgate's interest in Ordinary Shares has increased to 5,003,387, representing an increase from approximately 5.77 to 6.17 per cent. of Blue Prism's issued share capital.
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Alastair Bathgate | |
2. | Reason for the notification | ||
(a) | Position/status | CEO | |
(b) | Initial notification/ Amendment | Initial notification | |
3. | Details of the issuer | ||
(a) | Name | BLUE PRISM GROUP PLC | |
(b) | LEI | 2138006DQE9FNUW8KO83 | |
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 | Ordinary shares of £0.01 each | |
(b) | Identification code of the Financial Instrument | GB00BYQ0HV16 | |
(c) | Nature of the transaction | Exercise of share options | |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| 78p | 497,436 |
|
|
| |
(e) | Aggregated information - Aggregated volume - Price |
| |
(f) | Date of the transaction | 23 January 2020 | |
(g) | Place of the transaction | Outside a trading venue | |
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Alastair Bathgate | |
2. | Reason for the notification | ||
(a) | Position/status | CEO | |
(b) | Initial notification/ Amendment | Initial notification | |
3. | Details of the issuer | ||
(a) | Name | BLUE PRISM GROUP PLC | |
(b) | LEI | 2138006DQE9FNUW8KO83 | |
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 | Ordinary shares of £0.01 each | |
(b) | Identification code of the Financial Instrument | GB00BYQ0HV16 | |
(c) | Nature of the transaction | Sale of shares | |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| 1,350.0p | 10,000 |
|
| 1,366.32p | 40,000 |
|
| 1,374.40p | 65,000 |
|
| 1,404.90p | 25,000 |
|
| 1,408.50p | 30,000 |
|
|
| |
(e) | Aggregated information - Aggregated volume - Price |
170,000 1,381.57p | |
(f) | Date of the transaction | 23 January 2020 | |
(g) | Place of the transaction | London Stock Exchange | |
Enquiries:
Blue Prism Group plc +44 (0)77 3670 7407
Tom Hull, Head of Investor Relations
Investec Bank plc +44 (0)20 7597 5970
Carlton Nelson / Sebastian Lawrence/ Andrew Pinder
FTI Consulting +44 (0)20 3727 1000
Matt Dixon/ Darius Alexander