Last checked at 3 Oct 2017 07:00
2 October 2017
Zegona Communications plc ("Zegona" or the "Company")
Share dealings by Persons Discharging Managerial Responsibility ("PDMRs")
Zegona Communications plc, LSE: ZEG, announces that, following the expiry of the close period upon the publication of the Company's interim financial statements for the period ended 30 June 2017, it has been notified between 29 September 2017 and 2 October 2017 by the following PDMRs that they have each granted irrevocable undertakings to tender their respective Tender Offer Entitlements in the Tender Offer, as detailed in the circular published by the Company on 30 August 2017 (the "Circular"):
Person | Position | Number of Shares held as at 2 October 2017 | Percentage of the Company's issued share capital | Tender Offer Entitlement |
Eamonn O'Hare | Chairman and Chief Executive Officer | 2,123,870 | 1.083% | 758,351 |
Robert Samuelson | Chief Operating Officer | 801,002 | 0.409% | 286,006 |
Howard Kalika | Investment Director | 275,350 | 0.140% | 98,316 |
Murray Scott | Non-Executive Director | 50,000 | 0.026% | 17,853 |
Ashley Martin | Non-Executive Director | 15,867 | 0.008% | 5,665 |
Richard Williams | Non-Executive Director | 12,578[1] | 0.006% | 4,491 |
Dean Checkley | Chief Financial Officer | 6,386 | 0.003% | 2,280 |
[1] In addition, Richard Williams also holds a long position equivalent to 56,000 Shares through a contract for difference.
These irrevocable undertakings by the PDMRs are in addition to the irrevocable undertaking granted by Marwyn Asset Management Limited ("MAML") in favour of the Company dated 29 August 2017:
Person | Position | Number of Shares held as at 2 October 2017 | Percentage of the Company's issued share capital | Tender Offer Entitlement |
Mark Brangstrup Watts and Louisa Bonney[2] | Non-Executive Director and representative of the Company Secretary, respectively | 50,608,567 | 25.815% | 18,070,343 |
[2] PDMR trading of Mark Brangstrup Watts and Louisa Bonney relate to Shares held by MAML, of which Mr Brangstrup Watts and Mrs Bonney are directors, in its capacity as agent for and on behalf of its discretionary managed clients.
Capitalised terms used and not defined in this announcement have the meaning given to them in the Circular.
Company enquiries:
Louisa BonneyAxio Capital Solutions Limited as Company SecretaryTelephone: +44 1534 761240
PR enquiries:
Lulu BridgesTavistockTelephone: +44 20 7920 3150