THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
12 February 2021
Ideagen PLC
("Ideagen" "the Company" or "the Group")
Director/PDMR Dealings
Ideagen PLC (AIM: IDEA), a leading supplier of Information Management software to highly regulated industries, announces that yesterday David Hornsby, Executive Chairman and PDMR, sold 2,589,533 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at a price of 288.84 pence per Ordinary Share and transferred 1,533,333 Ordinary Shares to his wife for nil consideration (the "Sale and Transfer").
As a result of the Sale and Transfer, Mr Hornsby has a beneficial interest in 7,636,546 Ordinary Shares representing 3.0% of the Company's issued share capital all of which are now in his wife's name.
In addition, the Company was also informed that yesterday Barnaby Kent, Chief Operating Officer and a PDMR of the Company, transferred 2,530,000 Ordinary Shares to Plumtree Consultants Ltd (a company wholly owned by him) in specie. Mr Kent's beneficial interest in the Company remains unchanged at 3,308,073 Ordinary Shares representing 1.3% of the Company's issued Ordinary Shares.
Enquiries:
| Ideagen plc | 01629 699 100 |
| David Hornsby, Executive Chairman | |
| Ben Dorks, Chief Executive Officer | |
| Emma Hayes, Chief Financial Officer | |
| | |
|
finnCap Limited | 020 7220 0500 |
| Henrik Persson/James Thompson (Nomad) | |
| Alice Lane (ECM)
| |
| Canaccord Genuity Limited | 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).
A global supplier of regulatory and compliance solutions, Ideagen provides a common software platform and an integrated risk-based approach to meet multi-industry standards, enabling compliance with relevant laws, policies, and regulations.
The Group provides software and services to organisations operating within highly regulated industries such as life sciences, healthcare, banking and finance, insurance, aviation, and aerospace and defence, with its main operational premises spread throughout the UK, EU, US, Middle East and SE Asia.
Currently, more than 5,700 organisations use Ideagen's products including eight 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 250 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 | ||||
| Identification code | GB00B0CM0C50 | |||||
| b) | Nature of the transaction | Sale of Ordinary Shares | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information: · Aggregated volume · Price |
n/a | ||||
| e) | Date of the transaction | 11 February 2021 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM (XLON) | ||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | David Hornsby Lisa Hornsby | ||||
| 2. | Reason for the Notification | |||||
| a) | Position/status | Executive Chairman PCA of 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 | ||||
| Identification code | GB00B0CM0C50 | |||||
| b) | Nature of the transaction | Transfer for nil consideration from David Hornsby to Lisa Hornsby (PCA of David Hornsby) | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information: · Aggregated volume · Price |
n/a | ||||
| e) | Date of the transaction | 11 February 2021 | ||||
| f) | Place of the transaction | Outside of trading venue | ||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Barnaby Kent Plumtree Consultants Ltd | ||||
| 2. | Reason for the Notification | |||||
| a) | Position/status | Chief Operating Officer PCA and company wholly owned by Barnaby Kent | ||||
| 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 | ||||
| Identification code | GB00B0CM0C50 | |||||
| b) | Nature of the transaction | In specie transfer of Ordinary Shares from Barnaby Kent to Plumtree Consultants Ltd (PCA of Barnaby Kent) | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information: · Aggregated volume · Price |
n/a | ||||
| e) | Date of the transaction | 11 February 2021 | ||||
| f) | Place of the transaction | Outside of trading venue | ||||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
