5 Mar 2019 07:00
This announcement is a replacement for one released on 12 October 2018 at 7:00am under RNS number 8207D.
Due to a clerical error the announcement disclosed the number of shares Mr. Aahlad holds as 2,433,148 Ordinary Shares. This number should have read 2,432,504 Ordinary Shares.
All other details remain unchanged.
The full amended text is shown below.
WANdisco plc
("WANdisco" or the "Company")
Director Dealings and Issue of Equity - Replacement
WANdisco plc (LSE: WAND, the "Company" or "WANdisco"), the Live Data company, was informed that Mr. David Richards, the Company's Chairman, CEO and Co-founder, had exercised Restricted Stock Units ("RSUs") covering a total of 95,266 ordinary shares under the Company's Long Term Incentive Plan ("LTIP"), which vested between 31-May and 2 June 2018, of 10p per share. The Company was also been advised that Mr. Richards has sold 85,266 ordinary shares in the company, covering the costs of the RSU exercises and associated taxes, retaining 10,000 shares and the remaining net sales proceeds. Following the sale, Mr. Richards is now beneficially interested in a total of 2,099,233 Ordinary Shares representing approximately 5.02% of the Company's issued share capital.
The Company was also informed that Mr. Aahlad, a director of the Company, had exercised RSUs covering a total of 5,000 shares of 10p each under the LTIP, which vested 2 June 2018. The Company was also advised that Mr. Aahlad has sold 2,587 ordinary shares in the company, covering the costs of the RSU exercises and associated taxes, retaining 2,413 shares. Following the sale, Mr. Aahlad is now beneficially interested in a total of 2,432,504 Ordinary Shares representing approximately 5.82% of the Company's issued share capital.
The following represents the Directors dealings in RSUs under the LTIP:
Director | Date/Type of Transaction | Amount, class of securities and price |
David Richards, Chairman, President, CEO and Co-founder | 11 October 2018 / Exercise & hold | 10,000 Restricted Stock Units (ordinary shares) of 0.10p each |
David Richards, Chairman, President, CEO and Co-founder, | 11 October 2018 / Exercise & sale | 85,266 Restricted Stock Units (ordinary shares) of 0.10p each |
Yeturu Aahlad, Board Member | 11 October 2018 / Exercise & hold | 2,413 Restricted Stock Units (ordinary shares) of 0.10p each |
Yeturu Aahlad, Board Member | 11 October 2018 / Exercise & sale | 2,587 Restricted Stock Units (ordinary shares) of 0.10p each |
For further information, please contact:
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 / Harry Staight / Leah Dudley / Kwaku Aning
|
|
Stifel (Joint Broker and Nomad) | +44 (0)20 7710 7600 |
Fred Walsh / Neil Shah / Alex Price / Rajpal Padam |
|
|
|
Peel Hunt (Joint Broker) Edward Knight / Nick Prowting
| +44 (0)20 7418 8900 |
WH Ireland Limited (Joint Broker) Adam Pollock / Tim Feather | +44 (0)20 7220 1666 |
About WANdisco
WANdisco is shaping the future of data infrastructure with its groundbreaking Live Data platform, enabling companies to put all their data to work for the business - all the time, at any scale.
WANdisco makes data always available, always accurate, and always protected, delivering hyperscale economics to support exponential data growth with the same IT budget. With significant OEM relationships with IBM and Dell EMC and go-to-market partnerships with Amazon Web Services, Cisco, Microsoft Azure, Google Cloud, Hewlett Packard Enterprise, Oracle and other industry titans - as well as hundreds of customers among the Global 2000 - WANdisco is igniting a Live Data movement worldwide.
For additional information, please visit www.wandisco.com
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.
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 | Sales of shares | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information
|
| |||||||||
e) | Date of the transaction | 11 October 2018 | |||||||||
f) | Place of the transaction | London Stock Exchange (XLON) | |||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | Yeturu Aahlad | |||||||||
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 | Sales of shares | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information
|
| |||||||||
e) | Date of the transaction | 11 October 2018 | |||||||||
f) | Place of the transaction | London Stock Exchange (XLON) | |||||||||