Source - RNS
RNS Number : 4120K
Ideagen PLC
22 April 2020
 

Ideagen PLC

("Ideagen," "the Company" or the "Group'')

Issue of new shares under the Share Incentive Plan, Director Dealings and Total Voting Rights

Ideagen PLC (AIM: IDEA), a leading supplier of Information Management Software to highly regulated industries, announces that it has allotted a total of 5,573 new ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") following the purchase of 5,573 Ordinary Shares by a number of employees under the Company's Share Incentive Plan ("SIP").

Application has been made to the London Stock Exchange for the 5,573 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 27 April 2020.

After Admission, the total number of Ordinary Shares in issue will be 226,375,052 and the total number of voting rights will therefore be 226,375,052. 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.

In addition to the above, each of the executive directors of the Company; David Hornsby, Ben Dorks, Graeme Spenceley and Barney Kent have purchased 5 Ordinary Shares within the SIP as part of the automatic re-investment of dividends received on their shares held in the SIP. These directors now have the following interests in the share capital of the company.

Executive Director

Previous shareholding

New shareholding

% of issued share capital held

David Hornsby

10,224,749

10,224,754

4.5%

Ben Dorks

2,351,883

2,351,888

1.0%

Graeme Spenceley

2,234,603

2,234,608

1.0%

Barney Kent

3,109,543

3,109,548

1.4%

Alan Carroll, a non-executive director, has also purchased 47 Ordinary shares at a price of 178.45 pence each (the 'Purchase') as a result of the automatic reinvestment of the Company's recent dividend by his nominated broker.

Following the Purchase, Mr Carroll's beneficial interest has increased to 204,311 shares representing approximately 0.1% of the Company's issued ordinary share capital.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

Enquiries:

Ideagen plc

01629 699100

David Hornsby, Executive Chairman

 

Ben Dorks, Chief Executive

 

Graeme Spenceley, Finance Director

 

 

 

finnCap Limited

020 7220 0500

Henrik Persson/James Thompson (Nomad)

 

Alice Lane (ECM)

 

Canaccord Genuity


020 7523 8000

Simon Bridges

 

Richard Andrews

 

 

About Ideagen plc

Ideagen is a UK-headquartered, global technology company quoted on the London Stock Exchange AIM market (Ticker: IDEA.L).

The Group provides software and services to organisations operating within highly regulated industries such as aviation, banking and finance and life science, with its main operational premises spread throughout the UK, EU, US, Middle East and SE Asia.

With an excellent portfolio of software products including Q-Pulse, Coruson, Pentana Audit and PleaseReview, Ideagen helps its clients reduce costs, improve operational efficiency, strengthen compliance and oversight and anticipate and manage every detail of risk.

Currently, more than 5,000 organisations use Ideagen's products including seven of the top 10 UK accounting firms, all of the top aerospace and defence companies and 75% of the world's leading pharmaceutical firms.

Ideagen's diverse and varied customer base includes many well-known, global brands such as British Airways, Aggreko, BAE, Ryanair, US Navy, KLM, BBVA, Bank of New York, Commerzbank, Meggitt, Heineken, Johnson Matthey, Haeco Group and European Central Bank. As well as this, Ideagen counts 180 hospitals across the UK and US amongst its client base.

For further information please visit   www.ideagen.com .

 

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

David Hornsby

2. 

Reason for the Notification

a)

Position/status

Executive Chairman

b)

Initial notification/Amendment

Initial notification

3. 

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

a)

Name

Ideagen plc

b)

LEI

213800KS1MLITOVNYC85

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 1p each

Identification code

GB00B0CM0C50

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

138p

  5

 

d)

Aggregated information:

· Aggregated volume

· Price

 

5 ordinary shares of 1p each purchased at 138p per share

e)

Date of the transaction

15 April 2020

f)

Place of the transaction

Off market

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Graeme Spenceley

2. 

Reason for the Notification

a)

Position/status

CFO

b)

Initial notification/Amendment

Initial notification

3. 

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

a)

Name

Ideagen plc

b)

LEI

213800KS1MLITOVNYC85

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 1p each

Identification code

GB00B0CM0C50

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

138p

  5

 

d)

Aggregated information:

· Aggregated volume

· Price

 

5 ordinary shares of 1p each purchased at 138p per share

e)

Date of the transaction

15 April 2020

f)

Place of the transaction

Off market

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ben Dorks

2. 

Reason for the Notification

a)

Position/status

CEO

b)

Initial notification/Amendment

Initial notification

3. 

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

a)

Name

Ideagen plc

b)

LEI

213800KS1MLITOVNYC85

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 1p each

Identification code

GB00B0CM0C50

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

138p

  5

 

d)

Aggregated information:

· Aggregated volume

· Price

 

5 ordinary shares of 1p each purchased at 138p per share

e)

Date of the transaction

15 April 2020

f)

Place of the transaction

Off market

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Barnaby Kent

2. 

Reason for the Notification

a)

Position/status

Chief Operating Officer

b)

Initial notification/Amendment

Initial notification

3. 

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

a)

Name

Ideagen plc

b)

LEI

213800KS1MLITOVNYC85

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 1p each

Identification code

GB00B0CM0C50

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

138p

  5

 

d)

Aggregated information:

· Aggregated volume

· Price

 

5 ordinary shares of 1p each purchased at 138p per share

e)

Date of the transaction

15 April 2020

f)

Place of the transaction

Off market

 

 

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alan Carroll

2. 

Reason for the Notification

a)

Position/status

Non-executive Director

b)

Initial notification/Amendment

Initial notification

3. 

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

a)

Name

Ideagen PLC

b)

LEI

213800KS1MLITOVNYC85

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 1p each

Identification code

GB00B0CM0C50

b)

Nature of the transaction

Purchase of additional shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

178.45p

 47

 

d)

Aggregated information:

· Aggregated volume

· Price

Automatic reinvestment of recent dividend into 47 ordinary shares at a price of 178.45p.

 

e)

Date of the transaction

15 April 2020

f)

Place of the transaction

London Stock Exchange, AIM market (XLON)

 

 


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