Director/PDMR Shareholdings

RNS Number : 7976G
Gfinity PLC
31 March 2022
 

 

 


31 March 2022

 

 

Gfinity PLC

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

 

Director/PDMR Shareholdings

 

Gfinity plc (AIM: GFIN), a world leading esports solutions provider, confirms that as part of the Fundraising to raise £2.70 million announced on 14 March 2022, the following Directors have subscribed for a total of 7,600,000 New Ordinary Shares of 0.1p each in the Company at the Placing Price of 1.25 pence, as detailed below:

 

Director

 

Role

No. of New Ordinary Shares held prior to the Fundraise

No. of New Ordinary Shares subscribed for

No. of Ordinary Shares held on Admission

John Clarke

Chief Executive Officer

  1,847,222

  2,000,000

  3,847,222

Jonathan Hall

Chief Finance and Operating Officer

  1,472,222

  2,000,000

  3,472,222

Len Rinaldi

Non-Executive Director

  - 

  2,000,000

  2,000,000

Hugo Drayton

Non-Executive Director

  - 

  1,600,000

  1,600,000

 

The Director participation is in line with that announced in the Fundraising announcement of 14 March 2022 and follows the release of the Company's interim results for the six months ended 31 December 2021 and the cessation of the applicable close period for Director dealings.

 

The issue of the subscription shares is conditional upon shareholder approval at the Company's General Meeting on 01 April 2022.  The Company provides further PDMR disclosure forms below, that are also being submitted online to the FCA, in relation to the Subscription Shares.

 

Terms and definitions used in this announcement shall have the same meaning as ascribed to them in the Fundraising Announcement released at 5:04 p.m. on 14 March 2022, unless the context requires otherwise.

 

For further information, please contact:

Gfinity plc

 John Clarke, CEO

www.gfinityplc.com

Via Teneo

 



 

Teneo    (Media)

Anthony Di Natale

Tel: +44 7880 715975

Gfinity@teneo.com

 

 

Canaccord Genuity Limited (Nominated Adviser, Sole Bookrunner & Sole Broker)

Bobbie Hilliam / Patrick Dolaghan

 

Tel: +44 (0)207 523 8150



 

 

The information below set out in accordance with the requirement of the EU Market Abuse Regulation provides further detail.

 

1

Details of the person discharging managerial responsibilities

a)

Name

John Clarke

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

Gfinity plc

b)

LEI

213800GNV14EDQNRWI17

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

Ordinary shares of 0.1 pence each

b)

Identification code of the Financial Instrument

GB00BT9QD572

c)

Nature of the transaction

Subscription for shares

For every New Ordinary Share subscribed for as part of the Fundraising, John Clarke has been issued with one warrant to subscribe for one Ordinary Share at the Issue Price.

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

GBP 0.0125

2,000,000

 

 

e)

Aggregated information:  volume, Price

Aggregated Volume: 2,000,000

Aggregated Price: GBP 25,000

f)

Date of the transaction

30 March 2022

g)

Place of the transaction

Off Market

 

1

Details of the person discharging managerial responsibilities

a)

Name

Jonathan Hall

2

Reason for the notification

a)

Position/status

Chief Finance and Operating Officer

b)

Initial notification/ Amendment

Initial notification

3

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

a)

Name

Gfinity plc

b)

LEI

213800GNV14EDQNRWI17

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

Ordinary shares of 0.1 pence each

b)

Identification code of the Financial Instrument

GB00BT9QD572

c)

Nature of the transaction

Subscription for shares

For every New Ordinary Share subscribed for as part of the Fundraising, Jonathan Hall has been issued with one warrant to subscribe for one Ordinary Share at the Issue Price.

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

GBP 0.0125

2,000,000

 

 

e)

Aggregated information:  volume, Price

Aggregated Volume: 2,000,000

Aggregated Price: GBP 25,000

f)

Date of the transaction

30 March 2022

g)

Place of the transaction

Off Market

 

 

1

Details of the person discharging managerial responsibilities

a)

Name

Len Rinaldi

2

Reason for the notification

a)

Position/status

Non-Executive Director

b)

Initial notification/ Amendment

Initial notification

3

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

a)

Name

Gfinity plc

b)

LEI

213800GNV14EDQNRWI17

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

Ordinary shares of 0.1 pence each

b)

Identification code of the Financial Instrument

GB00BT9QD572

c)

Nature of the transaction

Subscription for shares

For every New Ordinary Share subscribed for as part of the Fundraising, Len Rinaldi has been issued with one warrant to subscribe for one Ordinary Share at the Issue Price.

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

GBP 0.0125

2,000,000

 

 

e)

Aggregated information:  volume, Price

Aggregated Volume: 2,000,000

Aggregated Price: GBP 25,000

f)

Date of the transaction

30 March 2022

g)

Place of the transaction

Off Market

 

 

1

Details of the person discharging managerial responsibilities

a)

Name

Hugo Drayton

2

Reason for the notification

a)

Position/status

Non-Executive Director

b)

Initial notification/ Amendment

Initial notification

3

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

a)

Name

Gfinity plc

b)

LEI

213800GNV14EDQNRWI17

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

Ordinary shares of 0.1 pence each

b)

Identification code of the Financial Instrument

GB00BT9QD572

c)

Nature of the transaction

Subscription for shares

For every New Ordinary Share subscribed for as part of the Fundraising, Hugo Drayton has been issued with one warrant to subscribe for one Ordinary Share at the Issue Price.

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

GBP 0.0125

1,600,000

 

 

e)

Aggregated information:  volume, Price

Aggregated Volume: 1,600,000

Aggregated Price: GBP 20,000

f)

Date of the transaction

30 March 2022

g)

Place of the transaction

Off Market

 

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Gfinity (GFIN)
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