Director/PDMR Shareholding

RNS Number : 7928R

In-Deed Online PLC

30 October 2013

 

In-Deed Online plc

30 October 2013

In-Deed Online plc ("In-Deed", the "Company")

Directors' Dealing

Harry Hill, Founder and Executive Chairman of In-deed, has purchased 100,000 Ordinary Shares at a price of 12.50 pence each.

Peter Gordon, Founder and Managing Director of In-deed, has purchased 100,000 Ordinary Shares at a price of 12.50 pence each.

Following these transactions, Harry Hill will hold 1,830,000 Ordinary Shares representing 8.97% of the existing total voting rights of the Company and Peter Gordon will hold 1,830,000 Ordinary Shares representing 8.97% of the existing total voting rights of the Company.

As announced on 22 October 2013 and subject to shareholder approval at the General Meeting of In-Deed's shareholders to be held on 7 November 2013, In-Deed proposes to acquire Epic Group Limited. The enlarged group will be renamed Learning Technologies Group plc and expected to be re-admitted to trading on AIM on 8 November 2013.

On admission, Harry Hill will be appointed Non-executive Director of the enlarged group and will hold 1,830,000 Ordinary Shares representing 0.66% of the total voting rights of the enlarged group.

On admission, Peter Gordon will resign from the board of the enlarged group and will hold 1,830,000 Ordinary Shares representing 0.66% of the total voting rights of the enlarged group.

Enquiries

Numis Securities Limited Stuart Skinner (Nominated Adviser) James Serjeant (Corporate Broker)	[phone]
College Hill Matthew Smallwood	[phone]

Neither In-Deed Online plc nor Numis Securities Limited nor any of their respective associates or directors, officers or advisers, provides any representation, assurance or guarantee that the occurrence of the events expressed or implied by any forward-looking statements contained herein will actually occur. Other than in accordance with their legal or regulatory obligations (including under the AIM Rules, the Disclosure and Transparency Rules of the Financial Conduct Authority and the City Code on Takeovers and Mergers), neither In-Deed Online plc nor Numis Securities Limited is under any obligation, and each of them expressly disclaims any intention or obligation, to update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

 

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