Directors' Dealing

RNS Number : 7956V

Blancco Technology Group PLC

15 December 2021

 

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 oftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshavebeenconducted
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):	Price(s) Volume(s)   243.5p 203,725
d)	Aggregated information: · Aggregatedvolume: · 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 oftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshavebeenconducted
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):	Price(s) Volume(s)   243.5p 151,316
d)	Aggregated information: · Aggregatedvolume: · 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
Peel Hunt (Nominated Advisor & Joint Broker)	[phone]
Edward Knight / Paul Gillam / James Smith
Investec Bank plc (Joint Broker)	[phone]
Patrick Robb / Sara Hale / C ameron MacRitchie
Buchanan Communications Limited Chris Lane / Stephanie Whitmore / Jack Devoy [e-mail]	[phone]

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 .

 

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