PDMR dealing and issue of new ordinary shares

RNS Number : 9599I
Learning Technologies Group PLC
07 December 2022
 

7 December 2022

 


Learning Technologies Group plc

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

(AIM: LTG)

 

PDMR dealing and issue of new ordinary shares

 

Pursuant to the vesting of restricted share units ("RSUs") under the terms of a Restricted Share Units Agreement dated 14 October 2021, the Company confirms that application has been made to the London Stock Exchange for the admission of 394,974 new ordinary shares to trading on AIM. Admission is expected to take place on 8 December 2022.

 

Included within the above figure is Adam Stedham (PDMR), who received 394,974 shares under the RSU and sold 162,630 shares at an average price of 131.75p to cover the nominal cost and applicable taxes. Adam now holds 283,353 shares, representing approximately 0.036% of the issued share capital.

 

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 789,760,500.

404,340 shares are held in LTG's Employee Benefit Trust. Voting rights and dividend entitlements have been waived for those shares. The figure of 789,356,160 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

Kath Kearney-Croft, Chief Financial Officer

 

+44 (0)20 7402 1554

Numis Securities Limited (NOMAD and Corporate Broker)

Stuart Skinner, Nick Westlake, Ben Stoop

 

+44 (0)20 7260 1000

Goldman Sachs International (Joint Corporate Broker)

Bertie Whitehead, Adam Laikin

 

+44 (0)20 7774 1000

FTI Consulting  (Public Relations Adviser)

Rob Mindell / Jamie Ricketts / Jamille Smith

+44 (0)20 3727 1000

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCEDLFBLLLZFBD
UK 100

Latest directors dealings