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MediaZest Plc (MDZ)

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Tuesday 20 November, 2018

MediaZest Plc

Correction: Director/PDMR Dealings

Correction: Director/PDMR Dealings

The following amendment has been made to the 'Director/PDMR Dealings' announcement released on 19 November 2018 at 7:00am.

Amendment: Following this purchase, Mr O’Neill is interested in 42,977,177 Ordinary Shares, representing approximately 3.34 per cent. of the current issued share capital of the Company.

The full amended text is shown below.

MediaZest Plc

 ("MediaZest", the "Company” or “Group"; AIM: MDZ)

Director/PDMR Dealings

The Company received notification on 16 November 2018 that James Abdool, non-executive Director of the Company, had increased his shareholding in the Company following the purchase of a total of 10 million Ordinary Shares at an average price of 0.09125p per share. Details of the purchases are set out below:-

Date Volume Price
15 November 2018 2,500,000 0.08p
16 November 2018 5,000,000 0.0925p
16 November 2018 2,500,000 0.10p

Following these purchases, Mr Abdool is interested in 24,984,848 Ordinary Shares, representing approximately 1.94 per cent. of the current issued share capital of the Company.

The Company also received notification on 16 November 2018 that Lance O’Neill, non-executive Chairman of the Company, had increased his shareholding in the Company following the purchase by his pension fund of 5 million Ordinary Shares at a price of 0.10p per share on 16 November 2018.

Following this purchase, Mr O’Neill is interested in 42,977,177 Ordinary Shares, representing approximately 3.34 per cent. of the current issued share capital of the Company.

This announcement contains inside information for the purposes of the EU Market Abuse Regulation.

Enquiries:
Geoff Robertson
Chief Executive Officer
MediaZest Plc 0845 207 9378
David Hignell / Edward Hutton
Nominated Adviser
Northland Capital Partners Limited 020 3861 6625
Claire Noyce
Broker
Hybridan LLP 020 3764 2341

The information below is provided in accordance with the requirements of the EU Market Abuse Regulation.

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name
 

 James Abdool
2 Reason for the notification
a) Position/status
 
Director
b) Initial notification /Amendment
 
Initial
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
 
MediaZest Plc
b) LEI
 
2138008URVJL8ZG4ST80
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 0.1p
Identification code ISIN: GB00B064NT52
b) Nature of the transaction
 
Purchase
c) Price(s) and volume(s)
Price(s) Volume(s)
0.08p
0.0925p
0.10p
2,500,000
5,000,000
2,500,000
d) Aggregated information
- Aggregated volume 10,000,000
- Price 0.09125p
e) Date of the transaction
 
15 November 2018 (2,500,000 Ordinary Shares)
16 November 2018 (7,500,000 Ordinary Shares)
f) Place of the transaction
 
XLON (AIM Market)

   

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name
 

 Lance O’Neill
2 Reason for the notification
a) Position/status
 
Director
b) Initial notification /Amendment
 
Initial
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
 
MediaZest Plc
b) LEI
 
2138008URVJL8ZG4ST80
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 0.1p
Identification code ISIN: GB00B064NT52
b) Nature of the transaction
 
Purchase
c) Price(s) and volume(s)
Price(s) Volume(s)
0.10p 5,000,000
d) Aggregated information Single transaction
- Aggregated volume n/a
- Price n/a
e) Date of the transaction
 
16 November 2018
f) Place of the transaction XLON (AIM Market)

a d v e r t i s e m e n t