Director/PDMR Shareholding

RNS Number : 7272S

Sportech PLC

23 December 2016

 

23 December 2016

Exercise of Options, Directors' Dealing and Total Voting Rights

Sportech PLC ("Sportech" or the "Company") announces that the Directors referred to below have received ordinary shares of 50p each in the Company ("shares") under the terms of the Company's long term incentive plan (the "Plan").

Following the dealings as set out below, Ian Penrose, Chief Executive Officer of Sportech increased his beneficial interest in the Company by 100,000 shares to 950,000 from 850,000 shares, and Mickey Kalifa, Chief Financial Officer of Sportech, increased his beneficial interest in the Company by 41,205 to 89,613 shares from 48,408 shares.

The shares were exercised on 22 December 2016 for nil consideration pursuant to awards granted under the Plan on 2 December 2011 and 8 March 2012. These awards vested in December 2014 and March 2015, but have been unable to be exercised until now, due to ongoing corporate activity.

Director	Plan shares being exercised	Shares sold			Plan shares retained	Total shares held after event	% of share capital
		Price per share	Sales for tax and dealing costs	Other share sales
Ian Penrose	367,228	85.1095p	173,116	94,112	100,000	950,000	0.46
Mickey Kalifa	77,957	85.1095p	36,752	Nil	41,205	89,613	0.04

Total Voting Rights

Following the exercise of options, Sportech's share capital consists of 206,238,048 ordinary shares of 50p with voting rights. There are no ordinary shares held in treasury. Therefore, the total number of voting rights in Sportech is 206,238,048.

The above figure (206,238,048) may be used by shareholders 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, Sportech PLC under the Disclosure and Transparency Rules.

- ends -

For further information, please contact:

Sportech PLC                                                                                     

Luisa Wright, Group General Counsel & Company Secretary                              [phone]

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

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	Ian Penrose
2	Reason for the notification
a)	Position/status	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	Sportech Plc
b)	LEI	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 Identification code	Ordinary shares of 50 pence each GB00B28ZPV64
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 367,228
d)	Aggregated information - Aggregated volume - Price	N/a single transaction
e)	Date of the transaction	22 December 2016
f)	Place of the transaction	Off Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ian Penrose
2	Reason for the notification
a)	Position/status	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	Sportech Plc
b)	LEI	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 Identification code	Ordinary shares of 50 pence each GB00B28ZPV64
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 85.1095p 267,228
d)	Aggregated information - Aggregated volume - Price	N/a single transaction
e)	Date of the transaction	22 December 2016
f)	Place of the transaction	LSE

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mickey Kalifa
2	Reason for the notification
a)	Position/status	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	Sportech Plc
b)	LEI	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 Identification code	Ordinary shares of 50 pence each GB00B28ZPV64
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 77,957
d)	Aggregated information - Aggregated volume - Price	N/a single transaction
e)	Date of the transaction	22 December 2016
f)	Place of the transaction	Off Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mickey Kalifa
2	Reason for the notification
a)	Position/status	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	Sportech Plc
b)	LEI	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 Identification code	Ordinary shares of 50 pence each GB00B28ZPV64
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 85.1095p 36,752
d)	Aggregated information - Aggregated volume - Price	N/a single transaction
e)	Date of the transaction	22 December 2016
f)	Place of the transaction	LSE

 

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