Source - RNS
RNS Number : 1582M
Ideagen PLC
11 October 2016
 

11 October 2016

Ideagen plc

 

("Ideagen" or the "Company")

 

Exercise of Options and Total Voting Rights

 

Ideagen PLC (AIM: IDEA), a leading supplier of Information Management Software to highly regulated industries, announces that it has issued and allotted 1,500,000 new ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") following the exercise of share options by a Director and two PDMRs.

Application has been made to the London Stock Exchange for the 1,500,000 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 14th October 2016.

Director/PDMR dealings

Following the Exercise, and on the same day, the Director/PDMRs subsequently sold a total of 750,000 of these new Ordinary Shares, each at a price of 53 pence per Ordinary Share (the "Sale"), principally to fund the income tax and national insurance liabilities arising on the Exercise, as set out below.

 

Name of Director/PDMR

New Ordinary Shares issued pursuant to the Exercise

Number of Ordinary Shares sold pursuant to the Sale

New holding of Ordinary Shares

New interest as a percentage of the Company's issued share capital

Graeme Spenceley

500,000

250,000

312,720

0.17%

Barnaby Kent

500,000

250,000

1,772,660

0.98%

Ben Dorks

500,000

250,000

1,250,000

0.69%






Total

1,500,000

750,000

3,335,380

1.84%

 

Total voting rights

After Admission, the total number of Ordinary Shares in issue will be 181,504,428 and the total number of voting rights will therefore be 181,504,428. 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 contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 

Enquiries:



Ideagen plc


Tel: 01629 699100

David Hornsby, Chief Executive



Graeme Spenceley, Finance Director






finnCap (Nominated Adviser and Broker)


Tel: 020 7220 0500

Stuart Andrews / James Thompson (Corporate Finance)



Stephen Norcross (Corporate Broking)






Alma PR



Hilary Buchanan


Tel: 07780 901979

Josh Royston


Tel: 07515 805218

About Ideagen plc

Ideagen is a UK company quoted on the London Stock Exchange AIM market (Ticker: IDEA.LN). Ideagen is a supplier of Information Management software with operations in the UK, the United States and the Middle East. The Company specialises in eGRC (Enterprise Governance, Risk and Compliance) and Healthcare solutions for organisations operating within highly regulated industries. With an excellent portfolio of software products, Ideagen is able to provide complete content lifecycle solutions that enable organisations to meet their Regulatory and Quality Compliance standards, helping them to reduce costs and improve efficiency.

The Group has a customer base of over 2,200 organisations using the Ideagen suite of products, including many blue chip names such as BAE Systems, Emirates, Shell and the European Central Bank as well as 150 hospitals in the UK and US.

For further information please visit www.ideagen.com

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Graeme Spenceley

2.               

Reason for the Notification

a)

Position/status

Finance Director

b)

Initial notification/Amendment

Initial

3.    

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

a)

Name

Ideagen Plc

b)

LEI

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

Options over Ordinary Shares of 1 penny each in the capital of Ideagen plc

Identification code

GB00B0CM0C5

b)

Nature of the transaction

Exercise of Options and Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

53p

250,000

d)

Aggregated information:

·      Aggregated volume

·      Price

Exercise of 500,000 ordinary shares of 1 pence each and subsequent sale of 250,000 ordinary shares at 53 pence per ordinary share

e)

Date of the transaction

10 October 2015

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

5.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Barnaby Kent

6.               

Reason for the Notification

a)

Position/status

Chief Operating Officer

b)

Initial notification/Amendment

Initial

7.    

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

a)

Name

Ideagen Plc

b)

LEI

N/A

8.    

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

Options over Ordinary Shares of 1 penny each in the capital of Ideagen plc

Identification code

GB00B0CM0C5

b)

Nature of the transaction

Exercise of Options and Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

53p

250,000

d)

Aggregated information:

·      Aggregated volume

·      Price

Exercise of 500,000 ordinary shares of 1 pence each and subsequent sale of 250,000 ordinary shares at 53 pence per ordinary share

e)

Date of the transaction

10 October 2015

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

9.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ben Dorks

10.               

Reason for the Notification

a)

Position/status

Chief Customer Officer

b)

Initial notification/Amendment

Initial

11. 

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

a)

Name

Ideagen Plc

b)

LEI

N/A

12. 

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

Options over Ordinary Shares of 1 penny each in the capital of Ideagen plc

Identification code

GB00B0CM0C5

b)

Nature of the transaction

Exercise of Options and Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

53p

250,000

d)

Aggregated information:

·      Aggregated volume

·      Price

Exercise of 500,000 ordinary shares of 1 pence each and subsequent sale of 250,000 ordinary shares at 53 pence per ordinary share

e)

Date of the transaction

10 October 2015

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 


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