Source - RNS
RNS Number : 3382V
Micro Focus International plc
05 April 2019
 

 

 

5 April 2019

Micro Focus International plc ("Micro Focus" or the "Company")

Director / PDMR Shareholding

Director Increases Shareholding through Exercise of Options

Micro Focus International plc (the "Company", LSE: MCRO.L, NYSE: MFGP) announces that Kevin Loosemore, Executive Chairman, has further increased his shareholding in the Company by 296,672 shares to a total of 1,545,305 shares by exercising 560,756 nil cost option awards under the Micro Focus Incentive Plan 2005, of which 264,084 shares were sold to cover tax and NIC liabilities and commission charges.

 

Notification of transaction by PDMRs

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

KEVIN LOOSEMORE (PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES)

 

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

MICRO FOCUS INTERNATIONAL PLC

 

b)

LEI

213800F8E4X648142844

 

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 10  PENCE EACH

 

 

 

 

GB00BD8YM01

b)

Nature of the transaction

1.   ACQUISITION OF ORDINARY SHARES OF 10 PENCE EACH FOLLOWING THE EXERCISE OF OPTIONS UNDER THE MICRO FOCUS INCENTIVE PLAN 2005

2.   SALE OF A PROPORTION OF THE ABOVE ACQUIRED ORDINARY SHARES IN ORDER TO COVER TAX AND NIC LIABILITIES AND COMMISSION CHARGES ARISING ON EXERCISE OF THE ABOVE NOTED OPTIONS

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

1.   Nil pence per ordinary share

560,756 ordinary shares

2.  £19.45789 pence per ordinary share

264,084 ordinary shares

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A 

 

N/A

e)

Date of the transaction

5 April 2019

 

f)

Place of the transaction

London Stock Exchange

 

XLON

 

 

 

 

 

Enquiries:

 

Micro Focus

Tel: +44 (0) 1635 565200

Tim Brill, IR Director

 

Ben Donnelly, IR Manager

 

 

Powerscourt

Tel: +44 (0)20 7250 1446

Elly Williamson

 

Celine MacDougall

 

 

About Micro Focus

Micro Focus (LSE: MCRO.L, NYSE: MFGP) is a global enterprise software company supporting the technology needs and challenges of the Global 2000.  Our solutions help organizations leverage existing IT investments, enterprise applications and emerging technologies to address complex, rapidly evolving business requirements while protecting corporate information at all times. Our product portfolios are Security, IT Operations Management, Application Delivery Management, Information Management & Governance and Application Modernization & Connectivity. For more information, visit: www.microfocus.com

 

 

 

 


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