31 May 2018 07:00
Stride Gaming plc
("Stride Gaming", the "Company", or "the Group")
Director/PDMR Dealing
Stride Gaming plc (AIM: STR), a leading online gaming operator, announces that Ronen Kannor (Chief Financial Officer) purchased 39,273 ordinary shares of 0.01p each ("Ordinary Shares") at a price of 155 pence per share.
The 39,273 Ordinary Shares were purchased by Mr Kannor from Ukudla Commodities Limited, a member of the Enlarged GAL concert party. As Mr Kannor is also a member of the Enlarged GAL concert party the overall interest in Ordinary Shares of the Enlarged GAL concert party remains 25,002,362, representing 32.98 per cent. of the share capital of the Company. The resultant holdings of ordinary shares by members of the Enlarged GAL concert party respectively are as follows:
Shareholders | Resultant holding of Ordinary shares | % of issued Ordinary shares |
|
|
|
Gal Holdings | 18,778,388 | 24.77% |
Izak Cronje | 16,454 | 0.02% |
Eitan Boyd | 2,611,151 | 3.44% |
Darren Sims | 1,160,984 | 1.53% |
Ronen Kannor | 39,273 | 0.05% |
Ukudla Commodities Limited | 820,000 | 1.08% |
Christo Oosthuizen | 351,289 | 0.46% |
Michael Weinraub | 364,764 | 0.48% |
Assaf Matityahu | 584,067 | 0.77% |
Shlomi Zac | 275,992 | 0.36% |
Total for the Enlarged GAL concert party | 25,002,362 | 32.98% |
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1 | Details of PDMR | |||||||
(a) | Name | Ronen Kannor
| ||||||
(b) | Position/status | Chief Financial Officer | ||||||
(c) | Initial notification/amendment | Initial Notification | ||||||
2 | 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 ISIN:JE00BWT5X884 | ||||||
(b) | Nature of the transaction | Purchase of Ordinary Shares | ||||||
(c) | Price(s) and volume(s) |
| ||||||
(d) | Aggregated information Aggregated volume Price | N/A | ||||||
(e) | Date of the transaction | 30 May 2018 | ||||||
(f) | Place of the transaction | London Stock Exchange, AIM | ||||||
Enquiries:
Stride Gaming plc Nigel Payne (Non-Executive Chairman) Eitan Boyd (Chief Executive Officer) Ronen Kannor (Chief Financial Officer) www.stridegaming.com
| +44 (0) 20 7284 6080 |
Shore Capital (Nominated Adviser and Broker) Mark Percy Toby Gibbs | +44 (0) 20 7408 4090
|
|
|
Hudson Sandler (Financial PR) Alex Brennan Hattie O'Reilly Bertie Berger | +44 (0) 20 7796 4133
|
About Stride Gaming plc:
Stride Gaming plc, listed on AIM, is a leading online gaming operator. The Company operates a multi-branded strategy, using a combination of its proprietary and licensed software to provide online bingo and slot gaming and a social gaming mobile application.
Stride Gaming's real money offering is presently focused on the UK market, where it is licensed and only operates from the regulated jurisdictions of the UK and Alderney. The Company has an international reach in the mobile social gaming market with a focus on North America. With a diverse portfolio of 143 brands, Stride Gaming is the fourth largest online bingo operator in the UK, and has over 25% share of the UK online bingo landscape.
Stride Gaming operates a B2B platform, Stride Together, through which the company licences its proprietary platform to gaming operators, media partners and retailers in the UK and globally, enabling them to create an online presence for their customers and enabling Stride to penetrate new and non-bingo verticals both within UK markets and overseas territories.
Further information on the Group is available at: www.stridegaming.com
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.