18 Sep 2020 10:59
18 Sept 2020
Â
WANdisco plc
("WANdisco" or the "Company")
Â
Director Dealings
Â
On September 18, 2020, WANdisco plc (LSE: WAND, the "Company" or "WANdisco"), the Live Data company, announced that Mr. David Richards, the Company's Chairman, CEO and Co-founder advised the company that he has purchased 6,000 ordinary shares in the company for an average price of £4.05. Following the purchase, Mr. Richards is now beneficially interested in a total of 2,157,264 Ordinary Shares representing approximately 4.1% of the Company's issued share capital.
Â
Mr. Bob Corey, the Company's Vice Chairman advised the company that he has purchased 5,000 ordinary shares in the company for an average price of £4.05. Following the purchase, Mr. Corey is now beneficially interested in a total of 22,170 Ordinary Shares.
Â
Mr. Yeturu Aahlad, a Director, Chief Scientist and Co-Founder of the Company advised the company that he has purchased 6,000 ordinary shares in the company for an average price of £4.05. Following the purchase, Mr. Aahlad is now beneficially interested in a total of 2,477,016 Ordinary Shares representing approximately 4.7% of the Company's issued share capital.
Â
Mr. Karl Monaghan, a Director of the Company advised the company that he has purchased 7,000 ordinary shares in the company for an average price of £4.05. Following the purchase, Mr. Monaghan is now beneficially interested in a total of 64,629 Ordinary Shares representing approximately 0.1% of the Company's issued share capital.
Â
The following represents the Directors dealings in company stock:
Â
Position | Date/Type of Transaction | Amount, class of securities and price |
David Richards, Chairman, President, CEO and Co-founder | 18 Sept 2020 / open market purchase | 6,000 ordinary shares at £4.05 each |
Bob Corey, Vice Chairman | 18 Sept 2020 / open market purchase | 5,000 ordinary shares at £4.05 each. |
Yeturu Aahlad, Director, Chief Scientist and Co-founder | 18 Sept 2020 / open market purchase | 6,000 ordinary shares at £4.05 each |
Karl Monaghan, Director | 18 Sept 2020 / open market purchase | 7,000 ordinary shares at £4.05 |
Â
Â
For further information, please contact:
Â
WANdisco plc | via FTI Consulting |
David Richards, Chief Executive Officer and Chairman | |
Erik Miller, Chief Financial Officer | |
FTI Consulting | +44 (0)20 3727 1137 |
Matt Dixon / Chris Birt / Kwaku Aning | |
Stifel (Joint Broker and Nomad) | +44 (0)20 7710 7600 |
Fred Walsh / Richard Short | |
Â
About WANdisco
WANdisco is the LiveData company. WANdisco solutions enable enterprises to create an environment where data is always available, accurate and protected, creating a strong backbone for their IT infrastructure and a bedrock for running consistent, accurate machine learning applications. With zero downtime and zero data loss, WANdisco's LiveData Platform keeps geographically dispersed data at any scale consistent between on-premises and cloud environments allowing businesses to operate seamlessly in a hybrid or multi-cloud environment. WANdisco has over a hundred customers and significant go-to-market partnerships with Microsoft Azure, Amazon Web Services, Google Cloud, Oracle, and others as well as OEM relationships with IBM and Alibaba. For more information on WANdisco, visit http://www.wandisco.com. www.wandisco.com
Â
Â
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.Â
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | David Richards | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief Executive Officer  | |||||||||
b) | Initial notification/Amendment | Initial notification | |||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
a) | Name | WANdisco plc | |||||||||
b) | LEI | 213800Y1A75RSC698O04 | |||||||||
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 10p each   ISIN: JE00B6Y3DV84 | |||||||||
b) | Nature of the transaction | Open market purchase | |||||||||
c) | Price(s) and volume(s) |
 | |||||||||
d) | Aggregated information
 | Â
| |||||||||
e) | Date of the transaction | 18 September 2020 | |||||||||
f) | Place of the transaction | London Stock Exchange (XLON) | |||||||||
 Â
Â
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | Bob Corey | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Vice Chairman  | |||||||||
b) | Initial notification/Amendment | Initial notification | |||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
a) | Name | WANdisco plc | |||||||||
b) | LEI | 213800Y1A75RSC698O04 | |||||||||
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 10p each   ISIN: JE00B6Y3DV84 | |||||||||
b) | Nature of the transaction | Open market purchase | |||||||||
c) | Price(s) and volume(s) |
 | |||||||||
d) | Aggregated information
 | Â
| |||||||||
e) | Date of the transaction | 18 September 2020 | |||||||||
f) | Place of the transaction | London Stock Exchange (XLON) | |||||||||
 Â
Â
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | Yeturu Aahlad | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Board member  | |||||||||
b) | Initial notification/Amendment | Initial notification | |||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
a) | Name | WANdisco plc | |||||||||
b) | LEI | 213800Y1A75RSC698O04 | |||||||||
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 10p each   ISIN: JE00B6Y3DV84 | |||||||||
b) | Nature of the transaction | Open market purchase | |||||||||
c) | Price(s) and volume(s) |
 | |||||||||
d) | Aggregated information
 | Â
| |||||||||
e) | Date of the transaction | 18 September 2020 | |||||||||
f) | Place of the transaction | London Stock Exchange (XLON) | |||||||||
 Â
Â
Â
Â
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | Karl Monaghan | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Director | |||||||||
b) | Initial notification/Amendment | Initial notification | |||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
a) | Name | WANdisco plc | |||||||||
b) | LEI | 213800Y1A75RSC698O04 | |||||||||
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 10p each   ISIN: JE00B6Y3DV84 | |||||||||
b) | Nature of the transaction | Open market purchase | |||||||||
c) | Price(s) and volume(s) |
 | |||||||||
d) | Aggregated information
 | Â
| |||||||||
e) | Date of the transaction | 18 September 2020 | |||||||||
f) | Place of the transaction | London Stock Exchange (XLON) | |||||||||
Â
Â
Â