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Immotion Group PLC (IMMO)

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Thursday 26 November, 2020

Immotion Group PLC

Director/PDMR Shareholding

RNS Number : 5386G
Immotion Group PLC
26 November 2020
 

Immotion Group plc

 

("Immotion Group" or "the Group")

 

Director/PDMR Shareholding

 

Immotion Group (AIM:IMMO) is pleased to announce further to the announcement of the Placing and Subscription on 19 November 2020, Admission of the New Ordinary Shares took place on 25 November 2020 ("Admission"). As part of the Placing and Subscription, the following Director/PDMR dealings in the shares of the Company took place.

Samuel Higginson, the Group's Marketing Director and person closely associated with Martin Higginson (the Group's CEO) acquired 10,500,000 Ordinary Shares, further details of which are below. Following this purchase Samuel Higginson's total holding is 16,955,740 representing 4.14% of the Group's issued share capital. Following this purchase, the Higginson family holding is 40,982,685, representing 10.01% of the Group's issued share capital.

David Marks, the Finance Director of the Group, acquired 500,000 Ordinary Shares, further details of which are below. Following this purchase, David Marks' total holding is 10,267,580 representing 2.51% of the Group's issued share capital.

Rodney Findley, a Director of the Group, acquired 500,000 Ordinary Shares, further details of which are below. Following this purchase Rodney Findley's total holding is 10,584,349 representing 2.58% of the Group's issued share capital.

Ian Hetherington, Chairman of Immotion Studios, acquired 1,000,000 Ordinary Shares, further details of which are below. Following this purchase Ian Hetherington's total holding is 2,067,493 representing 0.50% of the Group's issued share capital.

 

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

Samuel Higginson

2

Reason for the notification

a)

Position/status

Group Marketing Director

b)

Initial notification/ Amendment

Initial

3

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

a)

Name

Immotion Group Plc

b)

LEI

894500TW3TTWSJ7DYP93

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

 

Identification code

Ordinary Shares of 0.040108663p each

ISIN: GB00BD5JRP64

b)

Nature of the transaction

Shares were acquired by Samuel Higginson as part of the Placing and Subscription announced on 19 November 2020.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

4p

10,500,000

 

d)

Aggregated information

Aggregated volume

Price

N/A - single transaction

e)

Date of the transaction

25 November 2020

f)

Place of the transaction

London Stock Exchange XLON

 

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

David Marks

2

Reason for the notification

a)

Position/status

Group Finance Director

b)

Initial notification/ Amendment

Initial

3

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

a)

Name

Immotion Group Plc

b)

LEI

894500TW3TTWSJ7DYP93

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

 

Identification code

Ordinary Shares of 0.040108663p each

ISIN: GB00BD5JRP64

b)

Nature of the transaction

Shares were acquired by David Marks as part of the Placing and Subscription announced on 19 November 2020.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

4p

500,000

 

d)

Aggregated information

Aggregated volume

Price

N/A - single transaction

e)

Date of the transaction

25 November 2020

f)

Place of the transaction

London Stock Exchange XLON

 

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

Rodney Findley

2

Reason for the notification

a)

Position/status

Group Commercial Director

b)

Initial notification/ Amendment

Initial

3

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

a)

Name

Immotion Group Plc

b)

LEI

894500TW3TTWSJ7DYP93

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

 

Identification code

Ordinary Shares of 0.040108663p each

ISIN: GB00BD5JRP64

b)

Nature of the transaction

Shares were acquired by Rodney Findley as part of the Placing and Subscription announced on 19 November 2020.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

4p

500,000

 

d)

Aggregated information

Aggregated volume

Price

N/A - single transaction

e)

Date of the transaction

25 November 2020

f)

Place of the transaction

London Stock Exchange XLON

 

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

Ian Hetherington

2

Reason for the notification

a)

Position/status

Chairman of Immotion Studios

b)

Initial notification/ Amendment

Initial

3

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

a)

Name

Immotion Group Plc

b)

LEI

894500TW3TTWSJ7DYP93

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

 

Identification code

Ordinary Shares of 0.040108663p each

ISIN: GB00BD5JRP64

b)

Nature of the transaction

Shares were acquired by Ian Hetherington as part of the Placing and Subscription announced on 19 November 2020.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

4p

1,000,000

 

d)

Aggregated information

Aggregated volume

Price

N/A - single transaction

e)

Date of the transaction

25 November 2020

f)

Place of the transaction

London Stock Exchange XLON

 

Enquiries:

Immotion Group

Martin Higginson

 

Tel: +44 (0) 161 235 8505

WH Ireland Limited

(Nomad and Joint Broker)

Corporate Finance:

Adrian Hadden

Darshan Patel

Matthew Chan

 

Sales / Corporate Broking:

Jasper Berry

David Kilbourn

 

Tel: +44 (0) 207 220 1666

Alvarium Capital Partners Limited

(Joint Broker)

Alex Davies

 

 

Tel: +44 (0) 207 195 1458

Shard Capital Partners Limited

(Joint Broker)

Damon Heath

Erik Woolgar

Tel: +44 (0) 207 186 9900

 

This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

 

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