Director/PDMR Shareholding

RNS Number : 6012N

Location Sciences Group PLC

01 June 2022

 

1 June 2022

Location Sciences Group PLC

("Location Sciences" or the "Company" or the "Group")

Director/PDMR Shareholding

Location Sciences (AIM: LSAI) announces that it has today been notified of the following transactions by Mr Mark Slade and Mr David Rae, respectively Chief Executive Officer and Chief Financial Officer of the Company.

On 1 June 2022, Mr Mark Slade sold 4,444,444 ordinary shares of 0.1 pence each in the Company ("Shares") at a price of 0.19p per share and Mr David Rae sold 666,667 Shares at a price of 0.22p per share. These transactions were undertaken for tax reasons.

Following these share sales, Mr Mark Slade's total shareholding in the Company is 21,760,000 Shares, representing 0.84% of the issued ordinary share capital of the Company and Mr David Rae's total shareholding in the Company is 13,000,000 Shares, representing 0.50% of the issued ordinary share capital of the Company.

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	Mark Slade
2.	Reason for the Notification
a)	Position/status	Executive Director - Chief Executive Officer
b)	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Location Sciences Group PLC
b)	LEI	213800MKYV25HW2IAX70
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 GBP0.001
	Identification code	ISIN: GB00BGT36S19
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.19p 4,444,444
d)	Aggregated information:
	- Aggregated volume	4,444,444
	- Price	0.19p
e)	Date of the transaction	1 June 2022
f)	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Rae
2.	Reason for the Notification
a)	Position/status	Executive Director - Chief Financial Officer
b)	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Location Sciences Group PLC
b)	LEI	213800MKYV25HW2IAX70
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 GBP0.001
	Identification code	ISIN: GB00BGT36S19
b)	Nature of the transaction	Share sale
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.22p 666,667
d)	Aggregated information:
	- Aggregated volume	666,667
	- Price	0.22p
e)	Date of the transaction	1 June 2022
f)	Place of the transaction	Outside a trading venue

For further information please contact:

Location Sciences Group PLC  via Allenby Capital

Simon Wilkinson , Chairman

Allenby Capital Limited (Nominated Adviser)  Tel: [phone]

David Hart

Vivek Bhardwaj

Turner Pope Investments (TPI) Ltd (Broker)  Tel: [phone]

James Pope

Andy Thacker

 

END

 

 

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