Director/PDMR Shareholding

RNS Number : 4666E

Opera Investments plc

18 July 2016

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

Opera Investments PLC

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility and/or Connected Persons

18 July 2016

Opera Investments PLC ("Opera" or the "Company") was notified on 15 July 2015 of the following transactions involving HD Capital Partners Holdings LLP, Paul Dudley and Philip Haydn-Slater. As set out in the Company's prospectus issued on 22 April 2015 at the time of the Company's Listing (the "Prospectus"), the interests of Paul Dudley, a director of the Company, were held by HD Capital Partners Holdings LLP. The designated partners of HD Capital Partners Holdings LLP, Paul Dudley and Philip Haydn-Slater, have decided to dissolve HD Capital Partners Holdings LLP and as a result have allocated their holdings directly into their own name on the basis set out below. No consideration was payable with respect to these transfers which took place on 15 July 2016.

There was no change to the aggregate holdings of the partners of HD Capital Partners Holdings LLP and there is no change to the lock-in restrictions to which these shares are subject, as summarised in the Prospectus.

Following these transfers, HD Capital Partners Holdings LLP retains no interests in the Company (previously held 1,750,000 ordinary shares representing 10.14% of issued share capital and voting rights of the Company).

Following these transfers, Paul Dudley retains a direct interest in the Company of 1,166,667 ordinary shares, representing 6.76% of issued share capital and voting rights of the Company (previously held no direct interest or voting rights).

Following these transfers, Philip Haydn-Slater retains a direct interest in the Company of 583,333 ordinary shares, representing 3.38% of issued share capital and voting rights of the Company (previously held no direct interest or voting rights).

This notice is given in fulfilment of the obligations under DTR 3.1 and Article 19 of the Market Abuse Regulations.

Enquiries:

Opera Investments plc:

Paul Dudley, Tel: [phone]

Myles Campion: Tel: [phone]

PDMR DEALING NOTIFICATION
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	HD Capital Partners Holdings LLP
2	Reason for the notification
a)	Position/status	Connected Person to Paul Dudley (Director)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Opera Investments PLC
b)	Legal Entity Identifier	N/A
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 pence
	Identification code	GB00BSNBL022
b)	Nature of the transaction	Transfer of ordinary shares
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	nil	1,750,000
d)	Aggregated information
	- Aggregated volume	1,750,000
	- Price	nil
e)	Date of the transaction	15 July 2016
f)	Place of the transaction	London

PDMR DEALING NOTIFICATION
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	Paul Dudley
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Opera Investments PLC
b)	Legal Entity Identifier	N/A
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 pence
	Identification code	GB00BSNBL022
b)	Nature of the transaction	Transfer of ordinary shares
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	nil	1,166,667
d)	Aggregated information
	- Aggregated volume	1,166,667
	- Price	nil
e)	Date of the transaction	15 July 2016
f)	Place of the transaction	London

PDMR DEALING NOTIFICATION
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	Philip Haydn-Slater
2	Reason for the notification
a)	Position/status	Connected Person to Paul Dudley (Director)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Opera Investments PLC
b)	Legal Entity Identifier	N/A
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 pence
	Identification code	GB00BSNBL022
b)	Nature of the transaction	Transfer of ordinary shares
c)	Price(s) and	Price(s)	Volume(s)
	volume(s)	nil	583,333
d)	Aggregated information
	- Aggregated volume	583,333
	- Price	nil
e)	Date of the transaction	15 July 2016
f)	Place of the transaction	London

 

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