28 Sep 2017 07:00
28 September 2017
Blue Prism Group plc
("Blue Prism" or the "Company")
HOLDINGS IN COMPANY AND DIRECTOR / PDMR SHAREHOLDING
Blue Prism, a global leader in Robotic Process Automation, announces that on 27 September 2017, RisingStars Growth Fund LP ("RisingStars"), and certain persons discharging managerial responsibilities ("PDMR") sold an aggregate of 4,380,000 ordinary shares in the Company ("Ordinary Shares"), representing approximately 7.0 per cent of the issued share capital of Blue Prism at a price of 1000 pence per share. Additionally, on the same day, Chris Batterham, Non-Executive Director, acquired 14,000 Ordinary Shares at a price of 1000 pence per share.
Details of each party's participation in the transactions are as follows:
RisingStars sold 3,500,000 Ordinary Shares. Following this sale RisingStars retains an interest in 3,061,549 Ordinary Shares, representing approximately 4.9 per cent of Blue Prism's issued share capital. The remainder of the Ordinary Shares retained by RisingStars remains subject to the original lock-in and orderly market agreement entered into with the Company and Investec Bank plc at the time of the Company's IPO.
PDMR Dealings
David Moss sold 380,000 Ordinary Shares. Following this sale, David Moss retains an interest in 3,141,872 Ordinary Shares, representing approximately 5.0 per cent of Blue Prism's issued share capital.
Patrick Geary sold 250,000 Ordinary Shares. Following this sale, Patrick Geary retains an interest in 768,000 Ordinary Shares, representing approximately 1.2 per cent of Blue Prism's issued share capital.
Martin Flood sold 250,000 Ordinary Shares. Following this sale, Martin Flood retains an interest in 550,000 Ordinary Shares, representing approximately 0.9 per cent of Blue Prism's issued share capital.
The remainder of the Ordinary Shares retained by the above PDMRs are now subject to a lock-in which has been extended for a period of six months from the date of this announcement.
Chris Batterham acquired 14,000 Ordinary Shares. Following this purchase, Chris Batterham has an interest in 214,000 Ordinary Shares, representing approximately 0.3 per cent of Blue Prism's issued share capital.
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | David Moss | |
2. | Reason for the notification | ||
(a) | Position/status | Chief Technology Officer | |
(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) |
1000.00p | 380,000 | ||
(e) | Aggregated information - Aggregated volume - Price | N/A | |
(f) | Date of the transaction | 27 September 2017 | |
(g) | Place of the transaction | London Stock Exchange | |
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Patrick Geary | |
2. | Reason for the notification | ||
(a) | Position/status | Chief Marketing Officer | |
(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) |
1000.00p | 250,000 | ||
(e) | Aggregated information - Aggregated volume - Price | N/A | |
(f) | Date of the transaction | 27 September 2017 | |
(g) | Place of the transaction | London Stock Exchange | |
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Martin Flood | |
2. | Reason for the notification | ||
(a) | Position/status | Director of Sales | |
(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) |
1000.00p | 250,000 | ||
(e) | Aggregated information - Aggregated volume - Price | N/A | |
(f) | Date of the transaction | 27 September 2017 | |
(g) | Place of the transaction | London Stock Exchange | |
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Chris Batterham | |
2. | Reason for the notification | ||
(a) | Position/status | Non-Executive Director | |
(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 | Purchase of shares
| |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
1000.00p | 14,000 | ||
(e) | Aggregated information - Aggregated volume - Price | N/A | |
(f) | Date of the transaction | 27 September 2017 | |
(g) | Place of the transaction | London Stock Exchange | |
For further information please contact:
Blue Prism Group plc Alastair Bathgate, Chief Executive Officer Gary Johnson, Chief Financial Officer
| via FTI Consulting |
Investec Bank plc Corporate Finance: Andrew Pinder, Sebastian Lawrence Corporate Broking: Carlton Nelson, Rob Baker
| Tel: +44 (0)20 7597 5970 |
FTI Consulting Matt Dixon / Dwight Burden
| Tel: +44 (0)20 3727 1137 |
About Blue Prism
Blue Prism Group plc ("Blue Prism" or the "Group"), a UK-headquartered global software company, is a leader in Robotic Process Automation ("RPA"), which enables blue-chip organisations to create a digital workforce powered by Blue Prism's software robots that are trained to automate routine back-office clerical tasks. The Group's enterprise-grade software enables the automation of manual, rules-based, administrative processes to create a more agile, cost effective and accurate back-office.
Blue Prism's RPA software delivers the world's most successful digital workforce and has executed over 1 billion transactions for our customers, which include Aegon, BNY Mellon, Commerzbank, IBM, ING, Maersk, Nokia, Nordea, Procter & Gamble, Raiffeisen Bank, Siemens, Westpac and Zurich. As at 30 April 2017, Blue Prism had 127 employees based out of offices in Newton le Willows and London (UK), Sydney (Australia), Austin, Miami, Chicago, New York and San Francisco (US).
For more information visit www.blueprism.com and follow the company on LinkedIn and Twitter.