Director/PDMR Shareholding

RNS Number : 4790S

VR Education Holdings PLC

11 March 2019

 

For immediate release

11 March 2019

VR Education Holdings plc (the "Company")

Director/PDMR Shareholding

VR Education Holdings plc (AIM: VRE; Euronext Growth: 6VR), a leading virtual reality ('VR') technology company focused on the education space, announces that it was today notified that Richard Cooper, Non-Executive Chairman, bought 70,400 ordinary shares in the Company on 11 March 2019 at a price of 10p pence per share, representing 0.04% of the Company's issued share capital.  

Subsequent to this purchase of shares, Richard Cooper now holds 1,070,400 ordinary shares in the Company, representing 0.55% of the Company's issued share capital.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact:

VR Education Holdings plc David Whelan, CEO Sandra Whelan, COO	Tel: [phone] [e-mail]
Cairn Financial Advisers LLP (Nominated Adviser) James Caithie / Liam Murray / Richard Nash	Tel: [phone]
Stockdale Securities Limited (Joint Broker) Andy Crossley / Richard Johnson	Tel: [phone]
Davy (Joint Broker & Euronext Growth Advisor) Fergal Meegan / Ronan Veale / Barry Murphy	Tel: [phone]
Buchanan (UK Financial PR) Henry Harrison-Topham / Chris Lane / Tilly Abraham	Tel: [phone] [e-mail]

Notes to Editors

VR Education, together with its wholly owned subsidiary, is an early stage VR software and technology group based in Waterford, Ireland, dedicated to transforming the delivery methods of education and corporate training by utilising VR technologies to deliver fully immersive virtual learning experiences.  The Group's core focus is the development and commercialisation of its online virtual social learning and presentation platform called ENGAGE, which provides a platform for creating, sharing and delivering proprietary and third-party VR content for educational and corporate training purposes.

In addition to the ongoing development of the ENGAGE platform, the Group has also built three downloadable showcase VR experiences, being the award-winning Apollo 11 VR experience, the award-winning Titanic VR experience and the award-winning 1943: Berlin Blitz.

On 12 March 2018, VR Education listed on the AIM market of the London Stock Exchange and on Euronext Growth, a market regulated by Euronext Dublin.

For further information, please visit www.vreducationholdings.com.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Richard Cooper
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	VR Education Holdings plc
b)	LEI	213800ESSTWEXIN22767
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	VR Education Holdings plc ordinary shares of EUR0.001 each IE00BG0HDR01
b)	Nature of the transaction	Acquisition of 70,400 ordinary shares at 10.0p per share
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		10.0p	70,400
d)	Aggregated information - Aggregated volume - Price	70,400 10.0p
e)	Date of the transaction	11/03/2019
f)	Place of the transaction	London Stock Exchange (XLON)
g)	Additional Information	N/A

 

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