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WANdisco Plc (WAND)

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Friday 12 October, 2018

WANdisco Plc

Director/PDMR Shareholding

RNS Number : 8207D
WANdisco Plc
12 October 2018
 

12 October 2018

 

WANdisco plc

("WANdisco" or the "Company")

 

Director Dealings and Issue of Equity

 

WANdisco plc (LSE: WAND, the "Company" or "WANdisco"), the Live Data company, was informed that Mr. David Richards, the Company's Chairman and CEO, had exercised Restricted Stock Units ("RSUs") covering a total of 95,266 ordinary shares under the Company's Long Term Incentive Plan ("LTIP"), which vested between 31-May and 2 June 2018, of 10p per share.  The Company was also advised that Mr. Richards has sold 85,266 Ordinary Shares in the Company, covering the costs of the RSU exercises and associated taxes, retaining 10,000 shares and the remaining net sales proceeds.  Following the sale, Mr. Richards is now beneficially interested in a total of 2,099,233 Ordinary Shares representing approximately 5.02% of the Company's issued share capital. 

 

The Company was also informed that Mr. Aahlad, a director of the Company, had exercised RSUs covering a total of 5,000 shares of 10p each under the LTIP, which vested 2 June 2018.  The Company was also advised that Mr. Aahlad has sold 2,587 Ordinary Shares in the Company, covering the costs of the RSU exercises and associated taxes, retaining 2,413 shares.  Following the sale, Mr. Aahlad is now beneficially interested in a total of 2,433,148 Ordinary Shares representing approximately 5.82% of the Company's issued share capital.

 

The following represents the Directors dealings in RSUs under the LTIP:

 

Director

Date/Type of Transaction

Amount, class of securities and price

David Richards, Chairman, President, CEO and Co-founder

11 October 2018 / Exercise & hold

10,000 Restricted Stock Units (ordinary shares) of 0.10p each

David Richards, Chairman, President, CEO and Co-founder,

11 October 2018 / Exercise & sale

85,266 Restricted Stock Units (ordinary shares) of 0.10p each

Yeturu Aahlad, Board Member

11 October 2018 / Exercise & hold

2,413 Restricted Stock Units (ordinary shares) of 0.10p each

Yeturu Aahlad, Board Member

11 October 2018 / Exercise & sale

2,587 Restricted Stock Units (ordinary shares) of 0.10p each

 

 

 

 

For further information, please contact:

 

WANdisco plc

via FTI Consulting

David Richards, Chief Executive Officer and Chairman


Erik Miller, Chief Financial Officer




FTI Consulting

+44 (0)20 3727 1137

Matt Dixon / Harry Staight / Chris Birt / Kwaku Aning


Stifel (Joint Broker and Nomad)

+44 (0)20 7710 7600

Fred Walsh / Neil Shah / Alex Price / Rajpal Padam




Peel Hunt (Joint Broker)

Edward Knight / Nick Prowting

+44 (0)20 7418 8900

WH Ireland Limited (Joint Broker)

Adam Pollock / Tim Feather

+44 (0)20 7220 1666

 

About WANdisco

WANdisco is shaping the future of data infrastructure with its groundbreaking Live Data platform, enabling companies to put all their data to work for the business - all the time, at any scale.

 

WANdisco makes data always available, always accurate, and always protected, delivering hyperscale economics to support exponential data growth with the same IT budget. With significant OEM relationships with IBM and Dell EMC and go-to-market partnerships with Amazon Web Services, Cisco, Microsoft Azure, Google Cloud, Hewlett Packard Enterprise, Oracle and other industry titans - as well as hundreds of customers among the Global 2000 - WANdisco is igniting a Live Data movement worldwide.

 

For additional information, please visit www.wandisco.com 



 

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation. 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David Richards

2

Reason for the notification

a)

Position/status

Chief Executive Officer  

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

WANdisco plc

b)

LEI

213800Y1A75RSC698O04

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 10p each

 

 ISIN: JE00B6Y3DV84

b)

Nature of the transaction

Sales of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

524.08p

 85,266

 

d)

Aggregated information

-

Aggregated volume

-

Price

-

Aggregated total

 

 

85,266

524.08p

£446,862.05

e)

Date of the transaction

11 October 2018

f)

Place of the transaction

London Stock Exchange (XLON)

  

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Yeturu Aahlad

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

WANdisco plc

b)

LEI

213800Y1A75RSC698O04

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 10p each

 

 ISIN: JE00B6Y3DV84

b)

Nature of the transaction

Sales of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

524.08p

 2,587

 

d)

Aggregated information

-

Aggregated volume

-

Price

-

Aggregated total

 

 

2,587

524.08p

£13,557.95

e)

Date of the transaction

11 October 2018

f)

Place of the transaction

London Stock Exchange (XLON)

 


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.
 
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