Information  X 
Enter a valid email address

Corero Network Sec. (CNS)

  Print      Mail a friend

Friday 13 December, 2019

Corero Network Sec.

Director/PDMR Shareholding

RNS Number : 8113W
Corero Network Security PLC
13 December 2019
 

13 December 2019

 

Corero Network Security plc

("Corero," the "Company" or the 'Group')

 

Director/PDMR Shareholding

 

Further to the announcements made on 25 November 2019, the Result of General Meeting announcement released on 12 December 2019 and Admission of the New Ordinary Shares to AIM becoming effective this morning, the Company makes the following disclosures in respect of the participation in the Subscription by certain of the Directors of the Company.

 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

 

Director

Number of Ordinary Shares held on 22 November 2019

 

Number of New Ordinary Shares  subscribed for in the Subscription

Resulting number of Ordinary Shares held immediately following Admission

Resulting holding as a percentage of the Enlarged Share Capital

Jens Montanana

154,382,609

32,917,797 (1)

187,300,406 (2)

37.85%

Richard Last

2,000,000

500,000

2,500,000

0.51%

 

(1) 10,000,000 New Ordinary Shares subscribed for by Jens Montanana in his personal capacity and 22,917,797 New Ordinary Shares were subscribed for by The New Millennium Technology Trust of which Jens Montanana is a beneficiary.

 

(2) 33,674,846 Ordinary Shares are held in the name of JPM International Limited, which is wholly owned by Jens Montanana, 125,871,751 Ordinary Shares are held in the name of The New Millennium Technology Trust of which Jens Montanana is a beneficiary and 27,753,809 are held on his own account.

 

Defined terms used in this announcement not otherwise defined shall have the same meanings as those terms defined and used in the Circular dated 25 November 2019.

 

 

Enquiries:

 

Corero Network Security plc


Andrew Miller, CFO

Tel: 01895 876 382



Cenkos Securities plc

Tel: 020 7397 8900

Ben Jeynes/Mark Connelly - NOMAD

Michael Johnson - Sales




Vigo Communications

Tel: 020 7390 0230

Jeremy Garcia / Ben Simons / Antonia Pollock

[email protected]


 

NOTIFICATIONS 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

 

 

1.    Jens Montanana

2.    The New Millennium Technology Trust

2

 

Reason for the notification

 

a)

 

Position/status

 

 

1.    Chairman

2.    Person closely associated with Jens Montanana

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

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

 

a)

 

Name

 

 

Corero Network Security plc

b)

 

LEI

 

 

2138001EVYT2OI1C4Y98

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 1 pence each



Identification code

GB00B54X0432



b)

 

Nature of the transaction

 

 

Subscription for new ordinary shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




1.    3.50p

2.    3.50p

1.    10,000,000

2.    22,917,797







d)

 

Aggregated information

n/a - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

13 December 2019

f)

 

Place of the transaction

 

 

Outside a trading venue

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Richard Last

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-executive director

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

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

 

a)

 

Name

 

 

Corero Network Security plc

b)

 

LEI

 

 

2138001EVYT2OI1C4Y98

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 1 pence each



Identification code

GB00B54X0432



b)

 

Nature of the transaction

 

 

Subscription for new ordinary shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




3.50p

500,000







d)

 

Aggregated information

n/a - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

13 December 2019

f)

 

Place of the transaction

 

 

Outside a trading venue

 


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.
 
END
 
 
DSHKXLBFKLFEFBF

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