Source - RNS
RNS Number : 9561I
Escher Group Holdings PLC
23 June 2017
 

23 June 2017

 

Escher Group Holdings plc

 

Director/PDMR Shareholding

 

Escher Group Holdings plc (AIM: ESCH, "Escher" or "the Group"), a world leading provider of outsourced, point of service software to the postal industry, received notification that Liam Church, President and Chief Executive Officer, sold 910,000 ordinary shares in the Group ("Ordinary Share") at a price of 185 pence per Ordinary Share and that Fionnuala Higgins, Chief Commercial Officer, sold 910,000 Ordinary Shares at a price of 185 pence per Ordinary Share, earlier today.

 

Following the sale, Liam Church has a beneficial interest of 895,160 Ordinary Shares representing 4.77% of the Group's issued share capital.

 

Following the sale, Fionnuala Higgins has a beneficial interest of 895,160 Ordinary Shares representing 4.77% of the Group's issued share capital.

 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

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)

 

Names 

Liam Church

2

 

Reason for the notification

a)

 

Position/status

 

President and 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

 

Escher Group Holdings 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

 

Ordinary Shares of EUR0.005

b)

Identification code 

 

IE00B6SKRB38

c)

 

Nature of the transaction 

 

 Sale of shares

d)

 

Price(s) and volume(s)

Price(s)

Volume(s)

185p

910,000

d)

 

Aggregated information 

- Aggregated volume

- Price

 

910,000

185p

e)

 

Date of the transaction 

22 June 2017

f)

 

Place of the transaction

London Stock Exchange

 

 

 1

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

 

Names 

Fionnuala Higgins

2

 

Reason for the notification

a)

 

Position/status

 

Chief Commercial Officer

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

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

a)

 

Name

 

Escher Group Holdings 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

 

Ordinary Shares of EUR0.005

b)

Identification code 

 

IE00B6SKRB38

c)

 

Nature of the transaction 

 

 Sale of shares

d)

 

Price(s) and volume(s)

Price(s)

Volume(s)

185p

910,000

d)

 

Aggregated information 

- Aggregated volume

- Price

 

910,000

185p

 

e)

 

Date of the transaction 

22 June 2017

f)

 

Place of the transaction

London Stock Exchange

 

Enquiries:

Escher www.eschergroupholdings.com

+353 (0)1 254 5400

Liam Church, Chief Executive Officer

Clem Garvey, Chief Financial Officer




Panmure Gordon

+44 (0)20 7886 2500

Andrew Godber/Alina Vaskina, Corporate Finance


Erik Anderson, Corporate Broking




Instinctif Partners

+44 (0)20 7457 2020

Adrian Duffield/Chris Birt


 

About Escher

 

Escher is a world leading provider of outsourced point-of-service software for use in the worldwide postal, retail and government sectors. Its core software, Riposte®, a Digital Transaction Platform enables its customers to expand their offerings, providing new services, reducing costs and increasing efficiency

 The Riposte® Platform securely extends the retail branch network. Escher's technology creates new revenue opportunities, it streamlines operations and its flexibility allows it to be deployed across multiple platforms and devices, giving the ultimate freedom of choice when it comes to channel and hardware selection.

Escher's focus is to ensure the success of its customers by delivering the very best in innovative technology for their business.

 

 


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