23 Dec 2016 07:00
For immediate release | 23 December 2016 |
WANdisco plc
("WANdisco" or the "Company")
Director Dealing
The Company was notified yesterday that David Richards, Chief Executive and Interim Chairman of WANdisco, sold 145,000 shares at a price of 200 pence per share on 22 December 2016. As a result the beneficial holding of David Richards is 2,638,153 Ordinary Shares representing approximately 7.1% of the Company's issued share capital of 37,002,330 Ordinary Shares
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name
| David Richards
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2
| Reason for the notification
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a)
| Position/status
| Chief Executive and Interim Chairman
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b)
| Initial notification /Amendment
| Initial
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3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
| Name
| WANdisco plc | |||
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
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a)
| Description of the financial instrument, type of instrument | Ordinary Shares of 10 pence each | |||
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Identification code | JE00BYPG6G89 | ||||
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b)
| Nature of the transaction
| Sale of shares | |||
c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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| 200 pence | 145,000 |
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d)
| Aggregated information |
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- Aggregated volume | 145,000 | ||||
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- Price | 200 pence | ||||
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e)
| Date of the transaction
| 22 December 2016 | |||
f)
| Place of the transaction
| London Stock Exchange | |||
For further information, please contact:
WANdisco plc | via Vigo Communications |
David Richards, Chief Executive Officer and Interim Chairman |
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Erik Miller, Chief Financial Officer |
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Vigo Communications | +44 (0)207 830 9700 |
Jeremy Garcia / Fiona Henson / Antonia Pollock www.vigocomms.com |
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Stifel (Joint Broker and Nomad) | +44 (0)207 710 7600 |
David Arch / Fred Walsh / Neil Shah |
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UBS (Joint Broker) Rahul Luthra / Sandip Dhillon | +44 (0)207 567 8000 |
About WANdisco
WANdisco (LSE: WAND) is the world leader in Active Transactional Data Replication™. Its patented technology provides continuous consistent access to changing data anytime and anywhere with no downtime and no disruption. WANdisco's patented technology serves crucial high availability (HA) requirements, including migration to cloud, Hadoop Big Data and Application Lifecycle Management (ALM), Subversion, Git and Gerrit.
WANdisco works directly with Fortune 1000 companies around the world and in all sectors to ensure their data, whether it is on-premise or in the cloud, gives them the real insight they need. WANdisco has an OEM with IBM and is also partnered with Amazon Web Services, Cisco, Google Cloud Platform, Hewlett Packard Enterprise, Microsoft Azure and Oracle to resell its patented technology. WANdisco is committed to the ODPi Interoperable Compliance Program to ensure its products are interoperable across a wider range of commercial Apache™ Hadoop® Platforms.
For additional information, please visit www.wandisco.com.