Source - RNS
RNS Number : 5827K
7digital Group PLC
22 September 2016
 

The following replaces the 'Director/PDMR Shareholdings' announcement released on 22 September 2016 at 11.34 under RNS No 5763K

7digital Group plc

("7digital", "the Group" or "the Company")

Director/PDMR Shareholdings

7digital (AIM:7DIG), the B2B digital music and radio services company, announces that it has been notified that the following directors and senior executive of the Company have, on 22nd September 2016, purchased a total of 489,139 ordinary shares  of 10 pence ("Ordinary Shares") in the capital of the Company at a price of between 5.015 pence and 5.52 pence per Ordinary Share.

Following the Purchase, Simon Cole is beneficially interested in 2,338,919 Ordinary Shares, representing approximately 2.02% of the Company's issued share capital.

Following the Purchase, Matt Honey is beneficially interested in 56,875 Ordinary Shares, representing approximately 0.05% of the Company's issued share capital.

Following the Purchase, Ed Kershaw is beneficially interested in 90,532 Ordinary Shares, representing approximately 0.08% of the Company'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

Simon Cole

Matt Honey

Ed Kershaw

2.               

Reason for the Notification

a)

Position/status

Chief Executive

Chief Financial Officer

Chief Commercial Officer

b)

Initial notification/ Amendment

Initial notification

Initial notification

Initial notification

3.    

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

a)

Name

7digital Group plc

7digital Group plc

7digital Group plc

b)

LEI

n/a

n/a

n/a

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 10p

Ordinary shares of 10p

Ordinary shares of 10p

Identification code

GB00BMH46555

 

GB00BMH46555

 

GB00BMH46555

 

b)

Nature of the transaction

Purchase of ordinary shares

Purchase of ordinary shares

Purchase of ordinary shares

c)

Price(s) and volume(s)

Price

Volume

Price

Volume

Price

Volume

5.015p

56,480

5.015p

56,875

5.52p

90,532

d)

Aggregated information:

·        Aggregated volume

·      Price

56,480 ordinary shares of 10 pence purchased at 5.015 pence per ordinary share

56,875 ordinary shares of 10 pence purchased at 5.015 pence per ordinary share

90,532 ordinary shares of 10 pence purchased at 5.52 pence per ordinary share

e)

Date of the transaction

22nd September 2016

22nd September 2016

22nd September 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

London Stock Exchange, AIM Market (XLON)

London Stock Exchange, AIM Market (XLON)

 

Enquiries




7digital Group

020 7099 7777

Simon Cole, Chief Executive Officer


Matt Honey, Chief Financial Officer


Holly Ashmore, PR Manager




finnCap (nominated adviser and broker)

020 7220 0500

Geoff Nash/ Carl Holmes/ Simon Hicks - Corporate Finance


Malar Velaigam /Mia Gardner - Corporate Broking




Weber Shandwick (financial PR agency)

020 7067 0000

Nick Oborne - [email protected]


Tom Jenkins - TJenkins@ webershandwick.com


 


About 7digital (http://about.7digital.com)


7digital is a B2B digital music and radio services company. The core of its business is the provision of robust and scalable technical infrastructure and extensive global music rights used to create music streaming and radio services for a diverse range of customers - including consumer brands, mobile carriers, broadcasters, automotive systems, record labels and retailers. 7digital also offers radio production and music curation services, editorial strategy and content management expertise.

7digital fosters industry growth and innovation by simplifying access to music for clients such as Onkyo, Fnac, Musical.ly, Global Radio and E.Leclerc. From years of being the largest independent producer of programming for the BBC, launching Radioplayer in multiple territories, and powering services for partners like HMV, Panasonic and ROK Mobile, 7digital is perfectly positioned to lead innovation at the intersection of digital music and next-generation radio services.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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