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LoopUp Group PLC (LOOP)

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Friday 22 May, 2020

LoopUp Group PLC

Issue of Equity and Director Dealings

RNS Number : 7959N
LoopUp Group PLC
22 May 2020

22 May 2020



("LoopUp Group" or the "Group")


Issue of Equity and Director Dealings


LoopUp Group plc (LSE AIM: LOOP), the premium remote meetings company, announces that the Company has issued 122,167 new Ordinary Shares of 0.5 pence each ("Ordinary Shares") as a result of an exercise of share options by Directors, employees and ex-employees of the Group.

Issue of Equity

Application has been made for the 122,167 new Ordinary Shares to be admitted to trading on AIM. It is expected that dealings in these new Ordinary Shares will commence on 29 May 2020 ("Admission"). The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

Following Admission, the Company will have in issue a total of 55,367,349 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury.

Director Dealings

Michael Reynolds, a Non-Executive Director, exercised options granted in 2014 at an exercise price of 1.28 pence per share over a total of 75,000 Ordinary Shares. Following this exercise of options and sale of shares, Mr. Reynolds will hold options over 75,000 Ordinary Shares and will hold 75,000 Ordinary Shares representing 0.14% of the Group's issued share capital following Admission.

The FCA notification, made in accordance with the requirements of the EU Market Abuse Regulation is appended below.


For further information, please contact:

LoopUp Group plc

via FTI


Steve Flavell, co-CEO



Panmure Gordon (UK) Limited


+44 (0) 20 7886 2500

Dominic Morley / Alina Vaskina (Corporate Finance)


Erik Anderson (Corporate Broking)


Numis Securities Limited

+44 (0) 20 7260 1000


Simon Willis / Jonny Abbott (Corporate Finance)


FTI Consulting, LLP

+44 (0) 20 3727 1000


Matt Dixon / Emma Hall / Jamille Smith / Shamma Kelly



About LoopUp Group plc:

LoopUp (LSE AIM: LOOP) is a premium remote meetings solution. The solution provides a reliable, secure and incredibly simple experience that is optimised for external guests on business-critical meetings, such as professional services firms' communications with their clients. Over 5,000 organisations worldwide trust LoopUp's award-wining SaaS solution with their remote meetings, including more than 20 of both the world's top-100 law firms and top-100 private equity firms, as well as enterprises such as Travelex, Kia Motors, Planet Hollywood and National Geographic. The Group is headquartered in London, with offices in San Francisco, New York, Boston, Chicago, Dallas, Los Angeles, Denver, Cardiff, Milton Keynes, Madrid, Berlin, Malmo, Hong Kong, Sydney and Barbados, and is listed on the AIM market of the London Stock Exchange (LOOP). For further information, please visit: .



Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.




Details of the person discharging managerial responsibilities / person closely associated  




Michael Reynolds



Reason for the notification








Initial notification /Amendment


Initial Notification



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





LoopUp Group plc







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



Description of the financial instrument, type of instrument


Options over Ordinary Shares of 0.5p each


Identification code 





Nature of the transaction 


 Exercise of Options



Price(s) and volume(s)

75,000 options at 1.28p each




Aggregated information 

- Aggregated volume

- Price

75,000 options at 1.28p each




Date of the transaction 

21 May 2020


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

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