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4 Dec 2017 15:32
4 December 2017
WANdisco plc
("WANdisco" or the "Company")
LEI: 213800Y1A75RSC698O04
Director Dealing
Charitable donation of shares to the David and Jane Richards Family Foundation
by David Richards, Chief Executive and Co-founder of WANdisco
WANdisco (LSE: WAND), the world leader in Active Data Replication™, announces that David Richards, Chief Executive, Interim Chairman and Co-founder of WANdisco, has made a charitable donation of 100,000 ordinary shares, for nil consideration, to the David and Jane Richards Family Foundation ("the Foundation").
The Foundation, which will officially launch later this year, has been set up to educate, empower and improve the lives of children through hands-on programmes and targeted assistance.
David Richards, Chief Executive and Interim Chairman of WANdisco, commented:
"I have donated these shares to the David and Jane Richards Family Foundation in order to make a real difference to the lives of children in the UK and America. Starting in Sheffield, I hope practical learning initiatives in computer science with real-world applications across all industries will open up new opportunities for young people and equip them to compete in the global job market."
Following this donation, David Richards is beneficially interested in 2,089,233 shares in the Company, representing 5.5 per cent. of the Company's current issued share capital.
For further information, please contact:
WANdisco plc | via Vigo Communications |
David Richards, Chief Executive Officer and Interim Chairman | |
Erik Miller, Chief Financial Officer | |
Vigo Communications | +44 (0)207 830 9700 |
Jeremy Garcia / Fiona Henson / Antonia Pollock www.vigocomms.com | |
Stifel (Joint Broker and Nomad) | +44 (0)207 710 7600 |
Fred Walsh / Neil Shah / Ben Maddison / Rajpal Padam | |
Peel Hunt (Joint Broker) Edward Knight / Nick Prowting | +44 (0)207 418 8900 |
About WANdisco
WANdisco is the world leader in Active Data Replication™. Its patented WANdisco Fusion technology enables the replication of continuously changing data to the cloud and on-premises data centers with guaranteed consistency, no downtime and no business disruption. It also allows distributed development teams to collaborate as if they are all working in one location. WANdisco has two OEM relationships with IBM and Dell EMC's Virtustream as well partnerships with Amazon Web Services, Cisco, Google Cloud, Hewlett Packard Enterprise, Microsoft Azure, and Oracle to resell its patented technology. WANdisco also works directly with Fortune 1000 companies around the world to ensure their data gives them the real insight they need.
For additional information, please visit www.wandisco.com.
About the David and Jane Richards Family Foundation
The David and Jane Richards Family Foundation's purpose is to educate, empower, and improve the lives of children. They will achieve this through hands on programs, and targeted assistance. They aim to encourage children to fulfill their potential and make a positive impact on the world around them.
For additional information, please visit https://djrff.org/
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| David Richards
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Co-founder | |||
b)
| Initial notification /Amendment
| Initial
| |||
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 | Ordinary Shares of 10 pence each | |||
Identification code | JE00BYPG6G89 | ||||
b)
| Nature of the transaction
| Disposal of shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
0 pence
| 100,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | N/A | ||||
e)
| Date of the transaction
| 4 December | |||
f)
| Place of the transaction
| London Stock Exchange | |||
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