Director/PDMR Shareholding

RNS Number : 4285D
Cloudcoco Group PLC
19 October 2022
 

19 October 2022

 

CloudCoCo Group plc

("CloudCoCo", the "Group" or the "Company")

 

Director/PDMR shareholding

 

CloudCoCo (AIM: CLCO), a UK provider of IT and communications solutions to businesses and public sector organisations, announces that it received notification yesterday that Non-Executive Chairman, Simon Duckworth has purchased 1,100,000 Ordinary Shares of 1 pence in the Company ("Ordinary Shares") at 0.89 pence per share.

Simon Duckworth now has a total beneficial interest in the Company (including shares held by his wife) of 26,950,000 ordinary shares, which represents 3.82 per cent of the issued share capital.

 

Notification and public disclosure of transaction by person discharging managerial responsibilities.

1. 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

 Simon Duckworth

 

 

2. 

Reason for the Notification

a)

Position/status

Non-Executive Chairman

b)

Initial notification/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

CloudCoCo Group plc

b)

LEI

213800D4GJKAFHT5TB32

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 1 penny each

Identification code

GB00B8GRBX01

b)

Nature of the transaction

Purchase

c)

Price(s) and volume(s)

Price: 0.89 pence per share

 

Volume: 1,100,000

 

 

d)

Aggregated information:

·Aggregated volume

·Price

Volume: 1,100,000

Price: £9,790

 

e)

Date of the transaction

18 October 2022

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

Contacts:

 

CloudCoCo Group plc

Mark Halpin (CEO)

Darron Giddens (CFO)

 

 Via Alma PR

Allenby Capital Limited - (Nominated Adviser & Broker)

Jeremy Porter / James Reeve - Corporate Finance

Tony Quirke / Amrit Nahal - Sales & Corporate Broking

 

 Tel: +44 (0)20 3328 5656

 

Alma PR - (Financial PR)

David Ison

Josh Royston

Kieran Breheny

 Tel: +44 (0)20 3405 0205

cloudcoco@almapr.co.uk

 

 

 

 

About CloudCoCo Group plc

 

Supported by a team of industry experts and harnessing a diverse ecosystem of partnerships with blue-chip technology vendors, CloudCoCo makes it easy for private and public sector organisations to work smarter, faster and more securely by providing a single point of purchase for their connectivity, telephony, cyber security, cloud, IT hardware and support needs.

CloudCoCo has offices in Warrington, Leeds, Bournemouth and Sheffield in the UK

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