15 Dec 2021 16:42
BLANCCO TECHNOLOGY GROUP PLC
(the "Company")
Directors' Dealing
The Company announces that, following the vesting of a conditional share award under the Company's performance share plan (as notified to the market on 8 December 2021) Matt Jones, Chief Executive Officer, today sold 203,725 Ordinary Shares to cover his tax liability in relation to the award. The Ordinary Shares were sold at a price of 243.5 pence per share. Matt now holds 362,962 Ordinary Shares in the Company, representing 0.48% of the issued share capital.
The Company also announces that, following vesting of an award under the Company's performance share plan and a subsequent exercise of nil cost options (as notified to the market on 8 December 2021) Adam Moloney, Chief Financial Executive Officer, today sold 151,316 Ordinary Shares to cover his tax liability in relation to the award. The Ordinary Shares were sold at a price of 243.5 pence per share. Adam now holds 179,316 Ordinary Shares in the Company, representing 0.24% of the issued share capital.
The notifications below, made in accordance with the requirements of the Market Abuse Regulation (Regulation (EU) No.596/2014) as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018, provide further detail in respect of the transactions described above.
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Matt Jones | ||||
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: | Blancco Technology Group plc | ||||
b) | LEI: | 2138008487QKMQTA5428 | ||||
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 2p each GB00B06GNN57 | ||||
b) | Nature of the transaction: | Sale | ||||
c) | Price(s) and volume(s): |
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d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above 203,725 243.5p | ||||
e) | Date of the transaction: | 2021-12-15 | ||||
f) | Place of the transaction: | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Adam Moloney | ||||
2. | Reason for the notification | |||||
a) | Position/status: | Chief Financial Officer | ||||
b) | Initial notification/Amendment: | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | Blancco Technology Group plc | ||||
b) | LEI: | 2138008487QKMQTA5428 | ||||
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 2p each GB00B06GNN57 | ||||
b) | Nature of the transaction: | Sale | ||||
c) | Price(s) and volume(s): |
| ||||
d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above 151,316 243.5p | ||||
e) | Date of the transaction: | 2021-12-15 | ||||
f) | Place of the transaction: | London Stock Exchange, AIM Market (XLON) | ||||
For further information:
Blancco Technology Group plc |
Via Buchanan |
Matt Jones, Chief Executive Officer | |
Adam Moloney, Chief Financial Officer | |
Lorraine Young, Company Secretary
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Peel Hunt (Nominated Advisor & Joint Broker) | +44 (0) 20 4718 8900 |
Edward Knight / Paul Gillam / James Smith
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Investec Bank plc (Joint Broker) |
+44 (0) 20 7597 5970 |
Patrick Robb / Sara Hale / Cameron MacRitchie
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Buchanan Communications Limited Chris Lane / Stephanie Whitmore / Jack Devoy blancco@buchanan.uk.com |
+44 (0) 20 7466 5000 |
About Blancco
Blancco Technology Group plc is a leading global provider of mobile lifecycle solutions and secure data erasure solutions. For more information, please visit www.blancco.com.
BLTG.L (BLTG)