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Altitude Group PLC (ALT)

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Thursday 03 October, 2019

Altitude Group PLC

Director Shareholding and Exercise of Options

RNS Number : 7258O
Altitude Group PLC
03 October 2019
 

 

ALTITUDE GROUP PLC

 (the "Company" or "Altitude")

 

Director Dealing

and

Exercise of Options

 

 

Altitude Group plc (AIM: ALT), the operator of a leading marketplace for personalised products, announces that the Company has been informed that Graeme Couturier, the Company's Chief Financial Officer and a PDMR, has purchased 41, 176 ordinary shares of 0.4 pence each in the Company ("Ordinary Shares") at a price of 51.0 pence per Ordinary Share (the "Share Purchase").

 

Mr Couturier has also exercised 52,552 unapproved continued service options over Ordinary Shares at nil cost (the "Option Exercise"). Mr Couturier has stated to the Board of Directors that he has no intention of selling any of the Ordinary Shares that will be issued to him as a result of the Option Exercise.   

 

Application has been made for the new Ordinary Shares pursuant to the Option Exercise to be admitted to trading on AIM and dealings are expected to commence on 9 October 2019. 

The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following the exercise of options, the Company's issued share capital consists of 68,837,775 Ordinary Shares. Accordingly, the figure of 68,837,775 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 the Company under the FCA's Disclosure Guidance and Transparency Rules.

Following Admission Mr Couturier will be interested in 144,156 Ordinary Shares representing approximately 0.21% of the Company's post Admission issued share capital.

 

Enquiries:

 

Altitude Group plc

Nichole Stella, Chief Executive Officer

Graeme Couturier, Chief Financial Officer

Peter Hallett, Non-Executive Chairman

 

Via Instinctif - 020 7457 2020

 

 

finnCap ltd

 020 7220 0500

Jonny Franklin-Adams (Corporate Finance)

 

Scott Mathieson (Corporate Finance)


Richard Chambers (ECM)


 

 

Instinctif Partners (Financial PR)

 020 7457 2020

Matthew Smallwood

 

Chantal Woolcock


 



 

 

 

 

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

Graeme Couturier

2.               

Reason for the Notification

a)

Position/status

PDMR: CFO

b)

Initial notification/Amendment

Initial notification

3.    

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

a)

Name

Altitude Group plc

b)

LEI

213800VACSTYYSI39R89

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 0.4p

 

Identification code

GB00B0LSFV82

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

51.0

41,176

d)

Aggregated information:

·      Aggregated volume

·      Price

 

As above

e)

Date of the transaction

02 October 2019

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.    

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Graeme Couturier

2.               

Reason for the Notification

a)

Position/status

PDMR: CFO

b)

Initial notification/Amendment

Initial notification

3.    

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

a)

Name

Altitude Group plc

b)

LEI

213800VACSTYYSI39R89

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 0.4p

 

Identification code

GB00B0LSFV82

b)

Nature of the transaction

Exercise over of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

52,552

d)

Aggregated information:

·      Aggregated volume

·      Price

 

As above

e)

Date of the transaction

02 October 2019

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 


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