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Amino Technologies (AMO)

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Tuesday 07 February, 2017

Amino Technologies

Director/PDMR Shareholding

RNS Number : 2503W
Amino Technologies PLC
07 February 2017

7 February 2017



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


Director/PDMR Shareholding, Exercise of Options & TVR


Amino Technologies plc (LSE: AMO), the Cambridge-based provider of digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution, announces that it has been notified of the following dealings in the ordinary shares of 1 pence each in the Company ("Ordinary Shares").


-     On 7 February 2017, Akiko McGarva, wife of Donald McGarva, Chief Executive Officer of the Company, purchased 7,805 Ordinary Shares at a price of 192 pence per Ordinary Share (the "Purchase"). Following the Purchase, Donald McGarva and his PCA's are beneficially interested in 450,453 Ordinary Shares, representing approximately 0.6% of the Company's issued share capital.


-     On 7 February 2017, Keith Todd, Non-Executive Chairman of the Company, exercised options over 50,000 Ordinary Shares at a price of 125 pence per Ordinary Share (the "Exercise"). Following the Exercise Mr Todd and his PCA's are beneficially interested in 516,665 Ordinary Shares, representing approximately 0.7% of the Company's issued share capital. The Company has transferred 50,000 Ordinary Shares out of treasury to satisfy the Exercise.


Total Voting Rights


Following the above transfer of Ordinary Shares out of treasury, the Company holds 3,040,418 Ordinary Shares in treasury. The total number of Ordinary Shares in issue is 74,692,224. Therefore the Company's total number of Ordinary Shares with voting rights is 71,651,806.


The above figure of 71,651,806 Ordinary Shares 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 in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.




Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them



Details of the person discharging managerial responsibilities / person closely associated



a.   Donald McGarva

b.   Keith Todd


Reason for the Notification



a.   CEO

b.   Non-Executive Chairman


Initial notification/Amendment

Initial notification


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



Amino Technologies PLC





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


Description of the Financial instrument, type of instrument

Ordinary shares of 1p

Identification code



Nature of the transaction

a.   Purchase of ordinary shares

b.   Exercise of options over ordinary shares


Price(s) and volume(s)

Donald McGarva





Keith Todd






Aggregated information:

·      Aggregated volume

·      Price

a.   Purchase of 7,805 ordinary shares at 192 pence per ordinary share

b.   Exercise of 50,000 options over ordinary shares at 125p per ordinary share


Date of the transaction

a.   7 February 2017

b.   7 February 2017


Place of the transaction

London Stock Exchange, AIM Market (XLON)



The information communicated in this announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.


For further information please contact:

Amino Technologies PLC

+44 (0)1954 234100

Donald McGarva, Chief Executive Officer

Mark Carlisle, Chief Financial Officer

finnCap Ltd (NOMAD and Joint Broker)

+44 (0)20 7220 0500

Matt Goode / Carl Holmes / Simon Hicks (Corporate Finance)

Simon Johnson / Tim Redfern (Corporate Broking)

Canaccord Genuity Limited (Joint Broker and Financial Adviser)

+44 (0)20 7523 8000

Simon Bridges / James Craven / Emma Gabriel

FTI Consulting LLP (Financial PR)

+44 (0)20 3727 1000

Chris Lane / Alex Le May / Darius Alexander


About Amino Technologies plc

Amino Technologies plc specialises in the development and delivery of IPTV/OTT solutions. With over eight million devices sold to 1,000 customers in 100 countries, Amino's award-winning solutions are deployed by major network operators and service providers worldwide. Amino Technologies plc is headquartered near Cambridge, in the UK, and is listed on the AIM market of the London Stock Exchange (AIM: symbol AMO).

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

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