17 Mar 2021 15:04
17 March 2021
Getech Group plc
("Getech" or the "Company")
Director's Subscription
Getech, a provider of data, knowledge and software products to the energy industry, announced on 12 March 2021 that it had raised gross proceeds of £6.0 million through a placing and subscription of 27,272,728 new Ordinary Shares in two tranches at an Issue Price of 22 pence per share (the "Placing and Subscription").
As part of the Placing and Subscription, it was announced that Jonathan Copus, Chief Executive of Getech, had subscribed for the 45,000 new Ordinary Shares (the "Subscription Shares"). Following completion of the Placing and Subscription, Jonathan Copus will hold 45,000 Ordinary Shares representing 0.07 per cent. of the enlarged Issued Share Capital.
Admission of the Subscription Shares to trading on AIM will become effective at 8.00 a.m. on 1 April 2021, conditional, inter alia, upon the approval of the Resolution by the Shareholders at the General Meeting which is scheduled to be held at 11.00 a.m. on 30 March 2021 at the offices of the Company, at Kitson House, Elmete Hall, Elmete Lane, Leeds LS8 2LU.
For further information, please contact:
Getech Group plc Jonathan Copus, Chief Executive
| Tel: 0113 322 2200 |
Cenkos Securities plc Neil McDonald / Pete Lynch (Corporate Finance) Michael Johnson / Julian Morse (Sales)
|
Tel: 0207 397 8900
|
Camarco Georgia Edmonds / James Crothers / Ollie Head |
Tel: 020 3781 8331 |
Notes to editors:
Getech (AIM: GTC) has a well-established position within the global energy market, assisting clients with its unique combination of products and services, that utilise the Group's sub-surface skills and geospatial design and implementation capabilities alongside a deep knowledge and understanding of how to deploy data.
The Company is leveraging its strong market position, utilising its existing expertise, and targeting additional commercial opportunities, to de-risk and accelerate the global transition to renewable sources of energy while strengthening its existing and well-established business.
Getech is listed on the AIM market of the London Stock Exchange. For further information, please visit www.getech.com
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Jonathan Copus
|
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 | Getech Group plc
|
b) | LEI | 213800L36BCDMGT89738
|
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 no par value |
Identification code | GB00B0HZVP95 | |
b) | Nature of the Transaction | Purchase of ordinary shares
|
c) | Price(s) and volume(s) | 45,000 shares at 22p
|
d) | Aggregated information Aggregated volume Price | - |
e) | Date of the transaction | 12 March 2021
|
f) | Place of the transaction | London Stock Exchange, AIM (LON:GTC)
|
Getech Grp (GTC)