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Director/PDMR Shareholding

26 Sep 2016 18:16

RNS Number : 8719K
SQS Software Quality Systems AG
26 September 2016
 

26 September 2016

 

 

SQS Software Quality Systems AG

("SQS", the "Company" or the "Group")

 

Director / PDMR shareholdings

The Company announces that it received notification from David Bellin, Chairman of its Supervisory Board on 26 September 2016 that, on the same date, European Media Communications Ltd ("EMC"), the company through which part of Mr Bellin's beneficial interest in SQS shares has been held transferred its entire holding of 2,800 SQS Shares to David's wife, Mrs E Bellin at a price of 554.1 pence per SQS Share.

 

As a result of this transaction, the number of Ordinary Shares which Mr. Bellin owns or is directly interested in has increased from approximately 5,272 Ordinary Shares to 5,800 Ordinary shares, representing 0.004% of the issued share capital of the Company.

 

Ends

 

Enquiries:

SQS Software Quality Systems AG

Tel. +49 (0) 2203 91 54 0

Diederik Vos, Chief Executive Officer

Rene Gawron, Chief Financial Officer

 

Numis Securities - Nomad and Joint Broker

Tel +44 (0) 20 7260 1000

Simon Willis / Jamie Lillywhite / Mark Lander

Stockdale Securities - Joint Broker

Tel. +44 (0) 20 7601 6100

Robert Finlay / Antonio Bossi

 

FTI Consulting - Financial Media and Investor Relations

Tel. +44 (0)20 3727 1000

Matt Dixon / Dwight Burden

sqs@fticonsulting.com

 

 

About SQS

 

SQS is the leading global specialist in end-to-end software and business process quality solutions. This position stems from over 30 years of successful consultancy operations. SQS consultants provide solutions for all aspects of quality throughout the whole software product lifecycle driven by a standardised methodology, offshore automation processes and deep domain knowledge in various industries. Headquartered in Cologne, Germany, the company now employs approximately 4,600 staff. SQS has offices in Germany, UK, US, Australia, Austria, Egypt, Finland, France, India, Ireland, Italy, Malaysia, the Netherlands, Norway, Singapore, South Africa, Sweden, Switzerland and UAE. In addition, SQS maintains a minority stake in a company in Portugal. In 2015, SQS generated revenues of €320.7 million. 

SQS is the first German company to have a primary listing on AIM, a market operated by the London Stock Exchange. In addition, SQS shares are also traded on the German Stock Exchange in Frankfurt am Main. 

With over 10,000 completed projects under its belt, SQS has a strong client base, including half of the DAX 30, nearly a third of the STOXX 50 and 20 per cent of the FTSE 100 companies.

For more information, see www.sqs.com

 

SQS Software Quality Systems AG

DEALING NOTIFICATION FORMFOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

David Bellin

2.

Reason for the notification

a)

Position/status:

Chairman of the Supervisory Board

b)

Initial notification/Amendment:

Initial

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name: SQS Software Quality Systems AG

b)

LEI: N/A

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 of €1 each.

Identification code: DE0005493514

b)

Nature of the transaction:

Transfer

c)

Price(s) and volume(s):

Price(s)

Volume(s)

554.1 p

2,800

d)

Aggregated information:

· Aggregated volume: 2,800

· Price: 554.1p

e)

Date of the transaction: 26/09/2016

f)

Place of the transaction: Outside a trading venue

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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