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Draper Esprit PLC (GROW)

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Friday 26 July, 2019

Draper Esprit PLC

Director/PDMR Shareholding

RNS Number : 8460G
Draper Esprit PLC
26 July 2019
 

26 July 2019

DRAPER ESPRIT PLC

("Draper Esprit" or the "Company")


Director/PDMR Shareholding


Draper Esprit (AIM: GROW, Euronext Growth: GRW), a leading venture capital firm involved in the creation, funding and development of high-growth digital technology businesses across Europe, announces that on 25 July 2019, Simon Cook (Chief Executive Officer) and Stuart Chapman (Chief Operating Officer) sold 275,000 ordinary shares each in the capital of the Company ("Shares") at a price of £5.30 per Share.

The Company advises that, following the sale of Shares, Mr Cook remains interested in 1,344,306  shares, representing 1.1% of the Company's issued share capital and Mr Chapman remains interested in 1,344,306  shares, representing 1.1% of the Company's issued share capital. As reflected in the Annual Report, both Mr Cook and Mr Chapman have additional interests in 826,204 share options at various exercise prices under the Company share option plan.

The notification set out in the Annex below, which was made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such sale.

ANNEX

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Simon Cook 

2

Reason for the notification

a)

Position / status

Chief Executive Officer

b)

Initial notification / amendment

Initial notification

3

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

a)

Name

Draper Esprit PLC

b)

LEI

213800IPCR3SAYJWSW10

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of financial instrument,

type of instrument

Ordinary shares of £0.01 each


Identification Code

GB00BY7QYJ50

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volume(s)

275,000 shares at 530 pence per share

d)

Aggregated information

-      Aggregated volume

-      Price

 

n/a

e)

Date of the transaction

25 July 2019

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stuart Chapman

2

Reason for the notification

a)

Position / status

Chief Operating Officer

b)

Initial notification / amendment

Initial notification

3

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

a)

Name

Draper Esprit PLC

b)

LEI

213800IPCR3SAYJWSW10

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of financial instrument,

type of instrument

Ordinary shares of £0.01 each


Identification Code

GB00BY7QYJ50

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volume(s)

 

275,000 shares at 530 pence per share

d)

Aggregated information

-      Aggregated volume

-      Price

 

n/a

e)

Date of the transaction

25 July 2019

f)

Place of the transaction

London Stock Exchange

 


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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