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Veltyco Group PLC (VLTY)

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Thursday 19 July, 2018

Veltyco Group PLC

Issue of Equity/PDMR Dealing

RNS Number : 0997V
Veltyco Group PLC
19 July 2018
 

19 July 2018

 

Veltyco Group plc

("Veltyco", the "Company" and, together with its subsidiaries, the "Group")

 

Issue of Equity/PDMR Dealing

 

Veltyco Group plc, the AIM quoted marketing company for the gaming sector, announces that Hans Dahlgren, a member of the Company's Senior Management Team, has today exercised options over 187,500 ordinary shares of no par value in the Company ("Ordinary Shares") at an exercise price of 25 pence per share.  Following this exercise, Mr Dahlgren is interested in 375,000 Ordinary Shares representing approximately 0.5% of the Company's issued share capital.  The options were issued under the Company's Stock Option plan on 30 June 2016.

Total voting rights

Application will be made for the admission of these 187,500 new Ordinary Shares to trading on AIM ("Admission") and it is expected that Admission will take place at 8.00 a.m. on 25 July 2018.  Following Admission, the Company will have a total of 74,956,159 Ordinary Shares in issue with one voting right per share.  This figure 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 to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

PDMR Notification Forms:

The notifications below are made in accordance with the requirements of Market Abuse Regulation:

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Hans Dahlgren

2.

Reason for the Notification

a)

Position/status

CTO, member of the Company's Senior Management Team

b)

Initial notification/amendment

Initial notification

3.

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

a)

Name

Veltyco Group plc

b)

LEI

2138007KWLZHV5I1A979

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 no par value each in the share capital of Veltyco Group plc

Identification code

IM00BYT32K14

b)

Nature of the Transaction

Exercise of options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

25p

187,500

 

d)

Aggregated information

Aggregated volume Price

N/A (Single transaction)

e)

Date of the transaction

18 July 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

Frankfurt Stock Exchange

 

For further information please contact:

 

Veltyco Group Plc                                                           +44 (0)1624 605 764

Gilles Ohana, Non-executive Chairman

Melissa Blau, CEO

Marcel Noordeloos, CFO

 

Strand Hanson Limited (Nominated Adviser)       +44 (0)20 7409 3494

James Harris / Richard Tulloch / James Dance

 

Whitman Howard Ltd (Broker)                                  +44 (0)20 7659 1234

Nick Lovering

 

IFC Advisory (Financial PR & IR)                                +44 (0)20 3934 6630

Graham Herring / Miles Nolan / Zach Cohen

 

About Veltyco

Veltyco is a group of companies focused on generating marketing leads and entering into marketing contracts for the activities of various partners in the gaming industry as well as operating its own brands.  Veltyco focuses on complementary activities under one umbrella, leveraging its historical cash generative activities of marketing online casinos and sports betting.

 

Website: www.veltyco.com


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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