Last checked at 25 Jul 2018 11:14
25 July 2018
Rosslyn Data Technologies plc
(the "Company")
Director/PDMR Dealing and Issue of Equity
Further to the Company's announcement on 23 July 2018 regarding the appointment of James Appleby as a non-executive director, the Company is pleased to announce that on 23 July 2018 Mr Appleby subscribed for 4,545,454 new ordinary shares of 0.5 pence each in the capital of the Company ("Ordinary Shares") at a subscription price of 5.50 pence per Ordinary Share (the "Subscription"). Following the Subscription, Mr Appleby holds 4,545,454 Ordinary Shares representing approximately 2.3% per cent of the Company's issued share capital.
Accordingly, an application has been made for the admission to trading of 4,545,454 new Ordinary Shares to satisfy the subscription by Mr Appleby. It is expected that Admission of the new Ordinary Shares will occur at 8:00 a.m. on 31 July 2018. Following Admission, the Company will have 192,675,521 Ordinary Shares in issue. Therefore, the total number of Ordinary Shares with voting rights in the Company is 192,675,521. This figure, 192,675,521, may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change of their interest in, the Company under the FCA's Disclosure and Transparency Rules.
Commenting John O' Hara said; "This subscription is a strong endorsement from James in Rosslyn and its capabilities. The Subscription brings additional funds into the Company and whilst there is no need for additional operational cash at this time, the Board welcomes the cash injection as it provides us with the flexibility to repay the loan notes outstanding from the Integritie acquisition without straining the Company's existing cash resources."
The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| James Appleby | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Non-Executive Director | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| ROSSLYN DATA TECHNOLOGIES PLC | ||||
b)
| LEI
| 213800UJ7YTBGGXGJN09 | ||||
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 0.5 pence each
ISIN: GB00BKX5CP01
| ||||
b)
| Nature of the transaction
| Subscription for new Ordinary Shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume
- Price
|
N/A - single transaction
| ||||
e)
| Date of the transaction
| 23 July 2018 | ||||
f)
| Place of the transaction
| Outside of trading venue | ||||
Rosslyn Data Technologies plc | Roger Bullen, Chief Executive Officer
| +44(0)20 7138 3203 +44(0)77 7162 3345
|
Lance Mercereau Chief Marketing Officer
| +44(0)7788 183273 | |
Cenkos Securities - Nominated Adviser, Broker | Stephen Keys
| +44(0)20 7397 8924 |