Exercise of Options and Total Voting Rights

RNS Number : 5695L
Learning Technologies Group PLC
04 October 2016
 

 

4 October 2016

 

Learning Technologies Group plc

(AIM: LTG)

Exercise of Options and Total Voting Rights

 

Learning Technologies Group plc ("LTG"), the leading e-learning company, announces that pursuant to the exercise of options by employees, an application has been made to the London Stock Exchange for the admission of 1,900,000 new ordinary shares to trading on AIM.  Admission of the new shares is expected to take place at 8.00am on 7 October 2016.

 

Included within the above figure Richard Jones, Group Financial Controller (PDMR) exercised and sold 1,000,000 options over LTG shares, as set out in the table below.

 

Following the anticipated admission of these shares, the total number of ordinary shares of 0.375p each in the capital of the Company in issue will be 421,044,419 with each share carrying the right to one vote.

 

LTG holds 404,340 shares in treasury.  The figure of 420,640,079 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

 

Enquiries:

 

Learning Technologies Group plc

Jonathan Satchell, Chief Executive

Neil Elton, Group Finance Director

+44 (0)20 7402 1554


Numis Securities Limited

Stuart Skinner / Michael Wharton (Nominated Adviser)

Ben Stoop (Corporate Broker)

+44 (0)20 7260 1000


Hudson Sandler Limited

Cat Valentine / Bertie Berger

+44 (0)20 7796 4133



 

DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 

1.      

Details of the person discharging managerial responsibilities/person closely associated

a)

Name: Richard Jones

2.      

Reason for the notification

a)

Position/status:  Group Financial Controller

b)

Initial notification

3.      

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

a)

Name: Learning Technologies Group PLC 

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: New ordinary shares of 0.375p each

Identification code: GB00B4T7HX10

b)

Nature of the transaction: Exercise of options

c)

Price(s) and volume(s):

Price(s)

Volume(s)

5.88p

1,000,000

d)

Aggregated information:

·      Aggregated volume: 1,000,000

·      Price: 5.88p

e)

Date of the transaction:  3 October 2016

f)

Place of the transaction: London Stock Exchange

 



 

DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 

1.

 

Details of the person discharging managerial responsibilities/person closely associated

a)

 

Name: Richard Jones

2.

 

Reason for the notification

a)

 

Position/status:  Group Financial Controller

b)

 

Initial notification

3.

 

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

a)

 

Name: Learning Technologies Group PLC 

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: New ordinary shares of 0.375p each

Identification code: GB00B4T7HX10

b)

 

Nature of the transaction: Disposal of shares

c)

 

Price(s) and volume(s):

Price(s)

Volume(s)

32p

1,000,000

d)

 

Aggregated information:

·      Aggregated volume: 1,000,000

·      Price: 32p

e)

 

Date of the transaction:  3 October 2016

f)

 

Place of the transaction: London Stock Exchange

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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