15 Sep 2020 11:12
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
The SimplyBiz Group plc
(the "Company" or "SimplyBiz")
Director / PDMR Dealing
The SimplyBiz Group plc, a leading fintech and support services group, is pleased to announce that it has been notified that Matt Timmins, Neil Stevens, Gareth Hague and Gary Hughes, each of whom are directors of the Company (the "Directors") have today purchased, in aggregate, 40,255 ordinary shares in the Company as listed below. Following this transaction, the Directors have a resulting interest in the ordinary shares of the Company as listed below.
Name | Shares in SimplyBiz before purchase | Shares in SimplyBiz purchased | Shares in SimplyBiz held after purchase | % total shares in issue |
Matt Timmins(Joint CEO) | 1,724,889 | 5,111 | 1,730,000 | 1.79% |
Neil Stevens(Joint CEO) | 1,664,864 | 25,000 | 1,689,864 | 1.75% |
Gareth Hague(Group FD) | Nil | 5,144 | 5,144 | 0.01% |
Gary Hughes(Non Executive Director) | 54,070 | 5,000 | 59,070 | 0.06% |
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
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 | Matt Timmins |
2 | Reason for the notification | |
a) | Position/status | Joint Chief Executive Officer (PDMR) |
b) | Initial notification/Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | The SimplyBiz Group plc |
b) | LEI | 213800DXP1VY21GCTH04 |
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 1p each
ISIN: GB00BG1THS43 |
b) | Nature of the transaction | Purchase of Ordinary Shares |
c) | Price(s) and volume(s) | Price(s) 156.3p
Volume(s) 5,111 |
d) | Aggregated information | N/a - single transaction |
e) | Date of transaction | 15 September 2020 |
f) | Place of transaction | London Stock Exchange, AIM |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Neil Stevens |
2 | Reason for the notification | |
a) | Position/status | Joint Chief Executive Officer (PDMR) |
b) | Initial notification/Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | The SimplyBiz Group plc |
b) | LEI | 213800DXP1VY21GCTH04 |
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 1p each
ISIN: GB00BG1THS43 |
b) | Nature of the transaction | Purchase of Ordinary Shares |
c) | Price(s) and volume(s) | Price(s) 156.1p
Volume(s) 25,000 |
d) | Aggregated information | N/a - single transaction |
e) | Date of transaction | 15 September 2020 |
f) | Place of transaction | London Stock Exchange, AIM |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Gareth Hague |
2 | Reason for the notification | |
a) | Position/status | Group Finance Director (PDMR) |
b) | Initial notification/Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | The SimplyBiz Group plc |
b) | LEI | 213800DXP1VY21GCTH04 |
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 1p each
ISIN: GB00BG1THS43 |
b) | Nature of the transaction | Purchase of Ordinary Shares |
c) | Price(s) and volume(s) | Price(s) 155.5p
Volume(s) 5,144 |
d) | Aggregated information | N/a - single transaction |
e) | Date of transaction | 15 September 2020 |
f) | Place of transaction | London Stock Exchange, AIM |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Gary Hughes |
2 | Reason for the notification | |
a) | Position/status | Non Executive Director (PDMR) |
b) | Initial notification/Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | The SimplyBiz Group plc |
b) | LEI | 213800DXP1VY21GCTH04 |
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 1p each
ISIN: GB00BG1THS43 |
b) | Nature of the transaction | Purchase of Ordinary Shares |
c) | Price(s) and volume(s) | Price(s) 156.3p
Volume(s) 5,000 |
d) | Aggregated information | N/a - single transaction |
e) | Date of transaction | 15 September 2020 |
f) | Place of transaction | London Stock Exchange, AIM |
For further information please contact:
SimplyBiz | via Instinctif Partners |
Matt Timmins (Joint Chief Executive Officer) | |
Neil Stevens (Joint Chief Executive Officer) Gareth Hague (Group Finance Director) | |
Zeus Capital (Nominated Adviser and Joint Broker) | +44 (0) 20 3829 5000 |
Martin Green Dan Bate | |
Liberum (Joint Broker) | +44 (0) 20 3100 2222 |
Cameron Duncan | |
James Greenwood | |
Ed Phillips | |
Instinctif Partners | +44 (0) 78 3767 4600 simplybiz@instinctif.com |
Catherine Wickman Lewis Hill |