Option Exercise, Issue of Equity & PDMR Dealings

Summary by AI BETAClose X

Journeo plc announced the issuance of 50,000 new ordinary shares following the exercise of options by employees and a PDMR, with 10,000 shares exercised and sold by Chief Financial Officer Nick Lowe at 470p per share, while retaining his existing shareholding and options. Following the expected admission of these new shares on December 8, 2025, the total number of ordinary shares in issue will be 17,674,793, which will serve as the denominator for FCA disclosure rule calculations.

Disclaimer*

Journeo PLC
01 December 2025
 

1 December 2025

Journeo plc

("Journeo, the "Company" or the "Group")

Exercise of Options, Issue of Equity & PDMR Dealings

Journeo plc (AIM: JNEO), a leading provider of information systems and technical services to transport operators and local authorities announces the issuance of a total of 50,000 new ordinary shares of 6.5p each ("Ordinary Shares") pursuant to the exercise of options by certain employees and a PDMR.

Pursuant to the Company's EMI scheme, options have been exercised over a total of 50,000 new Ordinary Shares by certain employees and a PDMR, Nick Lowe, at varying exercise prices of 50p and 105p per share. Nick Lowe, Chief Financial Officer, has undertaken a partial exercise of 10,000 of his total EMI options held and subsequently sold 10,000 Ordinary Shares at 470p per share to satisfy market demand. Following these transactions, Nick retains his current shareholding of 53,500 Ordinary Shares, 20,000 EMI options, as well as outstanding options over an additional 45,000 Ordinary Shares.

Application has been made for 50,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on 8 December 2025. Following Admission, the Company will have 17,674,793 Ordinary Shares in issue. The Company holds no shares in treasury. Accordingly, the total number of voting rights in the Company following Admission will be 17,674,793. This figure should be used by Shareholders as the denominator for calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, Ordinary Shares under the FCA's Disclosure Guidance and Transparency Rules.

Further details are set out below in accordance with the UK Market Abuse Regulation.

A digital copy of this announcement is available on the Group's website: www.journeo.com

For further information, please contact:

Journeo plc

Russ Singleton/ Nick Lowe

+44 (0) 203 651 9166

Cavendish Capital Markets - Nominated Adviser and Broker

Katy Birkin/ Callum Davidson

+44 (0) 207 220 0500

Notes to editors:

Journeo plc is a leading Intelligent Systems provider, delivering sustainable solutions in towns, cities, airports, and the public transport networks that connect them while safeguarding critical infrastructure and high-security environments with advanced access control, intrusion detection, and surveillance technologies.

The Group has six operating companies:

·    Journeo Fleet Systems: CCTV video surveillance to improve passenger & driver safety, telematics for vehicle and driver performance monitoring, real-time communications for remote condition monitoring and automatic passenger counting.

·    Journeo Passenger Systems: design, manufacture, installation, and management of hardware and software for electronic public transport information systems, in and around towns, cities, ferry terminals and airports which includes smart-ticketing and wayfinding.

·    Infotec: design, advanced manufacture, installation and software management of information displays hardware for rail applications in stations, on-platform and on-vehicle.

·    Crime and Fire Defence Systems: specialise in protection of Critical National Infrastructure sites including utilities, defence and high security industrial and commercial applications.

·    Journeo A/S (based in Aarhus, Denmark): full-service provider of Intelligent Transport Systems ("ITS") with customers in Denmark, Sweden and Iceland.

·    Journeo AB (based in Stockholm, Sweden): technical services provider to public transport customers in Sweden.

In the last 4 years, the Company has invested over £6 million in research and development, enabling it to design and supply powerful innovative solutions for customers' complex requirements and the demands of modern public transport networks and infrastructure. With an open standards approach, together with field-proven and reliable engineering, Journeo is able to offer flexible, scalable products and services that can integrate with existing technology while preparing for future advancements.

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

Nick Lowe

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial Notification

3

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

a)

Name

Journeo plc

b)

LEI

213800TKF7L4IEV9W867

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 6.5 pence each


Identification code

GB00BKP51V79

b)

Nature of the transaction

Exercise of EMI options 

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

Exercise price of 50p per share

10,000

d)

Aggregated information



Aggregated volume

N/A single transaction


Price

N/A single transaction

e)

Date of the transaction

1 December 2025

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nick Lowe

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial Notification

3

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

a)

Name

Journeo plc

b)

LEI

213800TKF7L4IEV9W867

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 6.5 pence each


Identification code

GB00BKP51V79

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

470p

10,000

d)

Aggregated information



Aggregated volume

N/A single transaction


Price

N/A single transaction

e)

Date of the transaction

1 December 2025

f)

Place of the transaction

AIMX

 

 

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