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Ideagen PLC (IDEA)

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Thursday 17 October, 2019

Ideagen PLC

Director/PDMR Shareholding

RNS Number : 2877Q
Ideagen PLC
17 October 2019
 

17 October 2019

 

Ideagen PLC

("Ideagen" "the Company" or "the Group")

 

Director/PDMR Dealing and Total Voting Rights

 

Ideagen PLC (AIM: IDEA), a leading supplier of Information Management software to highly regulated industries, announces that David Hornsby, Executive Chairman of the Company, has exercised 1,833,333 options over new ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") and subsequently sold 260,000 Ordinary Shares at a price of 147.5 pence per Ordinary Share. Following the exercise and sale Mr. Hornsby's beneficial interest has increased by 1,573,333 Ordinary Shares to 10,224,741 Ordinary Shares representing 4.6 per cent. of the total voting rights of the Company.

In addition, Alex Hewitt, Chief Legal Officer of the Company, has exercised 380,000 options and sold 380,000 Ordinary Shares at a price of 147.5 pence per Ordinary Share. Following the exercise and sale Mr. Hewitt now has a beneficial interest in 5,750 Ordinary Shares representing less than 0.1 per cent. of the total voting rights of the Company.

Application has been made to the London Stock Exchange for the 2,213,333 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 23 October 2019.

After Admission, the total number of Ordinary Shares in issue will be 223,582,702 and the total number of voting rights will therefore be 223,582,702. This figure 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 share capital of the Company under the FCA's Disclosure and Transparency Rules.

The information communicated in this announcement includes inside information for the purposes of Article 7 of Regulation 596/2014

 

Enquiries:

Ideagen plc

01629 699100

David Hornsby, Executive Chairman


Ben Dorks, Chief Executive Officer


Graeme Spenceley, Chief Financial Officer




 

finnCap Limited

020 7220 0500

Henrik Persson/James Thompson (Nomad)


Alice Lane (ECM)

 


Canaccord Genuity Limited

 020 7523 8000

Simon Bridges


Richard Andrews


 

 

About Ideagen plc

Ideagen is a UK-headquartered, global technology company quoted on the London Stock Exchange AIM market (Ticker: IDEA.L).

The Group provides IRM software and services to organisations operating within highly regulated industries such as aviation, banking and finance and life science, with its main operational premises spread throughout the UK, EU, US, Middle East and SE Asia.

With an excellent portfolio of software products including Q-Pulse, Coruson, Pentana Audit and PleaseReview, Ideagen helps its clients reduce costs, improve operational efficiency, strengthen compliance and oversight and anticipate and manage every detail of risk.

Currently, more than 4,700 organisations use Ideagen's products including seven of the top 10 UK accounting firms, all of the top aerospace and defence companies and 75% of the world's leading pharmaceutical firms.

Ideagen's diverse and varied customer base includes many well-known, global brands such as British Airways, Aggreko, BAE, Ryanair, US Navy, KLM, BBVA, Bank of New York, Commerzbank, Meggitt, Heineken, Johnson Matthey, Haeco Group and European Central Bank. As well as this, Ideagen counts 180 hospitals across the UK and US amongst its client base.

For further information please visit www.ideagen.com

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 Hornsby

2.            

Reason for the Notification

a)

Position/status

Executive Chairman

b)

Initial notification/Amendment

Initial notification

3.    

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

a)

Name

Ideagen plc

b)

LEI

213800KS1MLITOVNYC85

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 1p each

Identification code

GB00B0CM0C50

b)

Nature of the transaction

Exercise of options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

9 pence

 1,333,333

22.38 pence

500,000

d)

Aggregated information:

·      Aggregated volume

·      Price

Exercise of options over 1,833,333 ordinary shares of 1p each

e)

Date of the transaction

17 October 2019 2019

f)

Place of the transaction

Outside trading venue

 

1.            

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Hornsby

2.            

Reason for the Notification

a)

Position/status

Executive Chairman

b)

Initial notification/Amendment

Initial notification

3.    

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

a)

Name

Ideagen plc

b)

LEI

213800KS1MLITOVNYC85

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 1p each

Identification code

GB00B0CM0C50

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

147.5p

 260,000

d)

Aggregated information:

·      Aggregated volume

·      Price

Sale of 260,000 ordinary shares at 147.5 pence per share

e)

Date of the transaction

17 October 2019

f)

Place of the transaction

London stock exchange , AIM

 

1.            

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alex Hewitt

2.            

Reason for the Notification

a)

Position/status

Chief Legal Officer

b)

Initial notification/Amendment

Initial notification

3.    

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

a)

Name

Ideagen plc

b)

LEI

213800KS1MLITOVNYC85

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 1p each

Identification code

GB00B0CM0C50

b)

Nature of the transaction

Exercise of options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

37.63

380,000

d)

Aggregated information:

·      Aggregated volume

·      Price

Exercise of options over 380,000 ordinary shares of 1p each

e)

Date of the transaction

17 October 2019

f)

Place of the transaction

Outside trading venue

 

1.            

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alex Hewitt

2.            

Reason for the Notification

a)

Position/status

Chief Legal Officer

b)

Initial notification/Amendment

Initial notification

3.    

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

a)

Name

Ideagen plc

b)

LEI

213800KS1MLITOVNYC85

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 1p each

Identification code

GB00B0CM0C50

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

147.5p

380,000

d)

Aggregated information:

·      Aggregated volume

·      Price

Sale of 380,000 ordinary shares at 147.5p per share

e)

Date of the transaction

17 October 2019

f)

Place of the transaction

London stock exchange , AIM

 


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