13 January 2021
The Panoply Holdings PLC
("The Panoply", the "Company" or the "Group")
PDMR Dealings
The Panoply Holdings PLC, the technology-enabled services group focused on digital transformation, announces that it has been notified that Oliver Rigby, CFO, has dematerialised his certificated shareholding in the Company. This has involved the transfer of his entire holding of 5,119,741 Ordinary Shares in the Company into CREST, registered in the name of Global Prime Partners Nominees Ltd. At the same time, as part of a 'bed and SIPP' transaction, Oliver Rigby has also sold 41,009 Ordinary Shares at a price of 195 pence per Ordinary Share and then repurchased into his AJ Bell Youinvest self-invested personal pension account ("SIPP") the same number of 41,009 Ordinary Shares at a price of 195 pence per Ordinary Share. Oliver Rigby's beneficial ownership has not been affected by the dematerialisation or the 'bed and SIPP' transaction.
In addition, the Group has been notified that Neal Gandhi, CEO, and Oliver Rigby, CFO, have each transferred 141,026 and 25,541 ordinary shares respectively (the "Donor Shares") to Founders Pledge (Founders for Good UK Ltd charity number 1162201) ("FP"). The Donor Shares have been transferred at nil consideration and have a value of approximately £275,000 and £50,000 respectively based on the closing mid-price of 195 pence on 11 January 2021, being the last practical date prior to the transfer.
FP is an English registered charity which receives and administers charitable gifts, and reviews and distributes grants to qualified organisations suggested by donors. The transfer of the Donor Shares is in line with The Panoply's socially conscious values and on a similar basis to the transfers made both at admission of the Company's shares to trading on AIM and on 13 January 2020 and as set out in the Company's Admission Document.
Following all the transfers outlined above, Neal Gandhi remains interested in 9,933,372 ordinary shares in The Panoply, representing approximately 14.3% of the total shareholding in the Company. Oliver Rigby remains interested in 5,094,200 ordinary shares in The Panoply (including those now held by his SIPP), representing approximately 7.4% of the total shareholding in the Company.
Enquiries:
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About The Panoply
The Panoply is a digitally native technology services company, built to service clients' digital transformation needs. Founded in 2016, with the aim of identifying and acquiring best-of-breed specialist information technology, design and innovation consulting businesses across Europe, the Group collaborates with its clients to deliver the technology outcomes they're looking for at the pace that they expect and demand.
More information is available at www.thepanoply.com
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.
'Bed and SIPP' transaction
| 1 | | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | | Oliver Rigby | |||
| 2 | | Reason for the notification | ||||
| a) | Position/status | | Chief Financial Officer | |||
| b) | Initial notification /Amendment | | Initial notification | |||
| 3
| | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | | The Panoply Holdings Plc | |||
| b) | LEI | | 2138004S9O18Q6F9MS74 | |||
| 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 | |||
| Identification code | | ISIN: GB00BGGK0V60 | ||||
| b) | Nature of the transaction | | Sale of Ordinary Shares | |||
| c) Price(s) and volume(s) | | 41,009 ordinary shares 195 pence per share | | |||
| | | |||||
| | | |||||
| d)
| Aggregated information | | | |||
| - Aggregated volume | | 41,009 ordinary shares | ||||
| - Price | | £79,967.55 | ||||
| e) | Date of the transaction | | 12 January 2021 | |||
| f) | Place of the transaction | | AIM.L | |||
| 1 | | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | | Oliver Rigby | |||
| 2 | | Reason for the notification | ||||
| a) | Position/status | | Chief Financial Officer | |||
| b) | Initial notification /Amendment | | Initial notification | |||
| 3
| | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | | The Panoply Holdings Plc | |||
| b) | LEI | | 2138004S9O18Q6F9MS74 | |||
| 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 | |||
| Identification code | | ISIN: GB00BGGK0V60 | ||||
| b) | Nature of the transaction | | Purchase of Ordinary Shares by SIPP | |||
| c) Price(s) and volume(s) | | 41,009 ordinary shares 195 pence per share | | |||
| | | |||||
| | | |||||
| d)
| Aggregated information | | | |||
| - Aggregated volume | | 41,009 ordinary shares | ||||
| - Price | | £79,967.55 | ||||
| e) | Date of the transaction | | 12 January 2021 | |||
| f) | Place of the transaction | | AIM.L | |||
Transfer of Shares to Donor Advised Fund:
| 1 | | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | | Neal Gandhi | |||
| 2 | | Reason for the notification | ||||
| a) | Position/status | | 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 | | The Panoply Holdings Plc | |||
| b) | LEI | | 2138004S9O18Q6F9MS74 | |||
| 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 | |||
| Identification code | | ISIN: GB00BGGK0V60 | ||||
| b) | Nature of the transaction | | Transfer of Ordinary Shares | |||
| c) Price(s) and volume(s) | | 141,026 ordinary shares at nil consideration | | |||
| | | |||||
| | | |||||
| d)
| Aggregated information | | N/A | |||
| - Aggregated volume | | | ||||
| - Price | | | ||||
| e) | Date of the transaction | | 12 January 2021 | |||
| f) | Place of the transaction | | Outside a trading venue | |||
|
| | | | |||
| 1 | | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | | Oliver Rigby | |||
| 2 | | Reason for the notification | ||||
| a) | Position/status | | Chief Financial Officer | |||
| b) | Initial notification /Amendment | | Initial notification | |||
| 3
| | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | | The Panoply Holdings Plc | |||
| b) | LEI | | 2138004S9O18Q6F9MS74 | |||
| 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 | |||
| Identification code | | ISIN: GB00BGGK0V60 | ||||
| b) | Nature of the transaction | | Transfer of Ordinary Shares | |||
| c) Price(s) and volume(s) | |
25,541 ordinary shares at nil consideration | | |||
| | | |||||
| | | |||||
| d)
| Aggregated information | | N/A | |||
| - Aggregated volume | | | ||||
| - Price | | | ||||
| e) | Date of the transaction | | 12 January 2021 | |||
| f) | Place of the transaction | | Outside a trading venue | |||
| | | | | | | |
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