Source - LSE Regulatory
RNS Number : 7651N
Immedia Group PLC
02 February 2021
 

 

 

 

2 February 2021

For immediate release

Immedia Group Plc

("Immedia" or "the Company" or "the Group")

 

Director/PDMR Shareholding

 

 

 

Immedia (AIM: IME), a supplier of multi-media content and digital solutions for leading brands and global businesses, announces that pursuant to the Subscription and Placing announced on 8 January 2021, Mark Horrocks, Non-Executive Director, (and his related family interests) have subscribed for 1,600,000 New Ordinary Shares at £0.25 per Subscription Share.

 

As a result, Mark Horrocks (and his related family interests, explained below) are now interested in 8,869,638 Ordinary Shares representing 23.60 per cent. of the issued share capital of the Company. 

 

Shareholder

Previous shareholding

Subscription

Current shareholding

Percentage shareholding

Mark Horrocks

4,501,638

700,000

5,201,638

13.84%

Dewscope Limited (Note 1)

1,370,000

200,000

1,570,000

4.18%

Mrs Dorothy Jean Horrocks (Note 2)

1,398,000

700,000

2,098,000

5.58%

Total

7,269,638

1,600,000

8,869,638

23.60%

Note 1 - Dewscope Limited is ultimately controlled by Mark Horrocks

Note 2 - Mrs Dorothy Jean Horrocks is Mark Horrocks' mother; Mark Horrocks now has a Lasting Power of Attorney over this shareholding

 

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

 

 


Mark Horrocks

(and his related family interests)

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

 

 


Immedia Group Pc

b)

 

LEI

 

 


213800XSRH9SNN1EXX92

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 10p each




Identification code


GB0033881904




b)

 

Nature of the transaction

 

 

 

 


Subscription for shares

c)

 

Price(s) and volume(s)








Price(s)

Volume(s)




 

 

£0.25

 

700,000

200,000

700,000

In his own name

Dewscope Ltd

Mrs Dorothy Jean Horrocks








d)

 

Aggregated information






- Aggregated volume


1,600,000




- Price


£0.25




e)

 

Date of the transaction

 

 


1 February 2021

f)

 

Place of the transaction

 

 


Outside of a trading venue

 

For further information please contact:

Immedia Group Plc

Tim Hipperson, Non-executive Chairman

Ross Penney, Chief Executive

Tel: +44 (0) 1635 556200

SPARK Advisory Partners Limited (Nomad)

Mark Brady

Neil Baldwin

Tel: +44 (0) 203 368 3550

SP Angel Corporate Finance LLP (Broker)

Abigail Wayne

Tel: +44 (0) 207 470 0470

Tooley Street Communications (IR & media relations)

Fiona Tooley

Tel: +44 (0) 7785 703523

 

About Immedia Group Plc

Immedia Group Plc is a multi-media content and digital solutions provider to global businesses delivering audio visual communication services for brands.

 

The business provides 'live' branded channels to retail locations across the UK and Europe. Immedia's interactive audio channels deliver targeted original content via its own DreamStream-X platform with encrypted Dreamstream technology deployed in each location. Each channel is supported with powerful data analytics tools that monitor audience activity and provide data to enable Immedia to further enhance audience engagement.  

 

In addition, Immedia creates original audio production and video content as well as 3D animation and the supply, installation and maintenance of audio visual equipment.

 

Immedia clients include Shell, Subway, BP, Nationwide Building Society, JD Sports, Weir, BMW, IKEA, and FIFA.  

 

To read more about the business, visit www.immediaplc.com or email us on enquiries@immediaplc.com

 

 

 

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