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Altitude Group PLC (ALT)

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Friday 08 November, 2019

Altitude Group PLC

PDMR Shareholding and Issue of Equity

RNS Number : 8563S
Altitude Group PLC
08 November 2019
 

 

ALTITUDE GROUP PLC

 (the "Company" or "Altitude")

 

PDMR Shareholding

and

Issue of Equity

 

 

Altitude Group plc (AIM: ALT), the operator of a leading marketplace for personalised products, announces that the Company has been informed that Nichole Stella, the Company's Chief Executive Officer and a PDMR, has exercised 458,404 options over ordinary shares of 0.4 pence each in the Company ("Ordinary Shares") at nil cost (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 14 November 2019 ("Admission"). 

The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following Admission the Company's issued share capital will consist of 69,296,179 Ordinary Shares. Accordingly, the figure of 69,296,179 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 Nichole Stella will be interested in 492,904 Ordinary Shares representing approximately 0.71% 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

Nichole Stella

2.               

Reason for the Notification

a)

Position/status

PDMR: CEO

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 of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

458,404

d)

Aggregated information:

·      Aggregated volume

·      Price

 

As above

e)

Date of the transaction

08 November 2019

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 


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