PDMR Dealing and Holding(s) in Company

RNS Number : 2156B
Immotion Group PLC
08 June 2021
 

8 June 2021

Immotion Group plc

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

PDMR Dealing and Holding(s) in Company

Immotion Group, the UK-based immersive entertainment group, has been notified that on 7 June 2021, Samuel Higginson, the Group's Marketing Director and a PDMR, sold 5,000,000 ordinary shares ("Ordinary Shares") at a price of 5 pence per share.

As announced on 26 November 2020, Samuel Higginson acquired 10,500,000 shares as part of the subscription, which completed on that date.  The proceeds from the 5,000,000 shares sold on 7 June 2021 will be used in the purchase of a residential property for Samuel.

Following this notification, Samuel holds 12,694,330 Ordinary Shares.

Enquiries:

 

 For further information please visit  www.immotion.co.uk , or contact: 

 

Immotion Group

 

Martin Higginson

David Marks

 

 

Tel + 44 (0) 207 220 1666

WH Ireland Limited

(Nomad and Joint Broker)

 

 

Adrian Hadden 

Darshan Patel

Matthew Chan

 

 

Tel + 44 (0) 207 220 1666

Alvarium Capital Partners

(Joint Broker)

Alex Davies

Tel: +44 (0) 207 195 1458

 

Shard Capital Partners LLP

(Co-Broker)

Damon Heath

Erik Woolgar

 

Tel: +44 (0) 20 7186 9900

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Samuel Higginson

2

Reason for the notification

a)

Position/status

Group Marketing Director

b)

Initial

3

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

a)

Immotion Group Plc

b)

894500TW3TTWSJ7DYP93

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)

Identification code

Ordinary Shares of 0.040108663p each

ISIN: GB00BD5JRP64

b)

Nature of the transaction

Sale of shares.

c)

Price(s)

Volume(s)

5p

5,000,000

 

d)

Aggregated volume

Price

N/A - single transaction

e)

Date of the transaction

7 June 2021

f)

London Stock Exchange XLON

 

TR-1: S tandard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i

 

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii :

Immotion Group PLC

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK issuer

 

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

 

An event changing the breakdown of voting rights

 

Other (please specify) iii:

 

3. Details of person subject to the notification obligation iv

Name

Samuel James Higginson

City and country of registered office (if applicable)

 

4. Full name of shareholder(s) (if different from 3.) v

Name

 

City and country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached vi :

7 June 2021

6. Date on which issuer notified (DD/MM/YYYY):

7 June 2021

7. Total positions of person(s) subject to the notification obligation

 

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer (8.A + 8.B) vii

Resulting situation on the date on which threshold was crossed or reached

3.05%

 

3.05%

415,538,083

Position of previous notification (if

applicable)

4.26%

 

4.26%

 

             

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rights ix

% of voting rights

Direct

(DTR5.1)

Indirect

 (DTR5.2.1)

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

GB00BD5JRP64

12,694,330

 

3.05%

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8. A

12,694,330

3.05%

 

 

B 1: Financial Instruments according to DTR5.3.1R (1) (a)

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8. B 1

 

 

 

 

B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

Settlement xii

Number of voting rights

% of voting rights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8.B.2

 

 

 

 

                   

 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii

X

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)
xiv

 

Name xv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10. In case of proxy voting, please identify:

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

 

11. Additional information xvi

 

         

 

Place of completion

London

Date of completion

7 June 2021

 

 

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