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7digital Group PLC (7DIG)

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Wednesday 29 March, 2017

7digital Group PLC

Director/PDMR Shareholding

RNS Number : 8154A
7digital Group PLC
29 March 2017
 

 29 March 2017

 

7digital Group plc
("7digital" or the "Company")

Director/PDMR Shareholdings

 

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)

Names

Sir Donald Cruickshank - Non-Executive Chairman

Simon Cole - CEO

Matthew Honey - CFO

Paul McGowan - Non-Executive Director

Mark Foster - Non-Executive Director

Eric Cohen - Non-Executive Director

2.           

Reason for the Notification

a)

Position/status

See 1(a) above for positions - all classified as PDMRs of the Company

b)

Initial notification/ Amendment

Initial Notification

3.  

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

a)

Name

7digital Group 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

ordinary shares of 1 pence each ("Ordinary Shares")

 

Identification code

GB00BMH46555

b)

Nature of the transaction

Subscription for Ordinary Shares in the Placing announced 10 March 2017

 

c)

Price(s) and volume(s)

Name

Price:

Volume(s):

Sir Donald Cruickshank

6.5p

769,231

Simon Cole

6.5p

250,000

Matt Honey

6.5p

153,847

Paul McGowan

6.5p

1,538,462

Mark Foster

6.5p

153,847

Eric Cohen

6.5p

316,556

d)

Aggregated information:

·      Aggregated volume

·      Price

n/a

e)

Date of the transaction

29 March 2017

f)

Place of the transaction

Outside a trading venue

 

 

Enquiries:

 

7digital Group plc

020 7099 7777

Simon Cole, Chief Executive

 

Matt Honey, Chief Financial Officer

Holly Ashmore, PR Manager

 

 

finnCap (nominated adviser and broker)

 020 7220 0500

Geoff Nash / Carl Holmes / Simon Hicks - Corporate Finance

 

Mia Gardner - Corporate Broking

 

 

Weber Shandwick (financial PR agency)

Nick Oborne - [email protected]

Tom Jenkins - [email protected] webershandwick.com

 

About 7digital (http://about.7digital.com)

 020 7067 0000

7digital is the global leader in end-to-end digital music solutions. The core of its business is the provision of robust and scalable technical infrastructure and extensive global music rights used to create music streaming and radio services for a diverse range of customers - including consumer brands, mobile carriers, broadcasters, automotive systems, record labels and retailers. 7digital also offers radio production and music curation services, editorial strategy and content management expertise.

 

7digital fosters industry growth and innovation by simplifying access to music for clients such as Onkyo, Fnac, Musical.ly, Global Radio and E.Leclerc. From years of being the largest independent producer of programming for the BBC, launching Radioplayer in multiple territories, and powering services for partners like HMV, Electric Jukebox and Panasonic, 7digital is perfectly positioned to lead innovation at the intersection of digital music and next-generation radio services.

 

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

finnCap is authorised and regulated by the Financial Conduct Authority in the United Kingdom and is acting exclusively for the Company and no one else in connection with the Capital Raising, and finnCap will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the Capital Raising or any other matters referred to in this announcement.

No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by finnCap or by any of its affiliates or agents as to, or in relation to, the accuracy or completeness of this announcement or any other written or oral information made available to or publicly available to any interested party or its advisers, and any liability therefor is expressly disclaimed.

 

 


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