Source - LSE Regulatory
RNS Number : 2744V
Sumo Group PLC
13 April 2021

13 April 2021


Sumo Group plc

("Sumo Group" or the "Company")


Awards under the Sumo Group plc Long Term Incentive Plan to PDMRs


The Company announces that it has today made awards to executive directors under the Sumo Group plc Long Term Incentive Plan. 


The awards are in the form of nil cost options, with vesting subject to a three-year performance target.


The notification below, made in accordance with the requirements of the EU Market Abuse Regulation (as retained in UK law), provides further detail.


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:



Details of PDMR / person closely associated



(i)           Carl Cavers

(ii)          David Wilton

(iii)         Paul Porter



Reason for the notification


Position / status

(i)           Chief Executive Officer

(ii)          Chief Financial Officer

(iii)         Chief Operating Officer



Initial notification /amendment

Initial notification


Details of the issuer



Sumo Group plc





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


Description of the financial instrument

Ordinary Shares of 1p each


Identification code of the Financial Instrument

ISIN for Sumo Group plc: GB00BD3HV384


Nature of the transaction

Grant of options



Price(s) and volume(s)



(i)            Carl Cavers


(ii)           David Wilton


(iii)          Paul Porter



Aggregated information

-     Aggregated volume

-     Price







Date of the transaction

13 April 2021


Place of the transaction

Outside a trading venue





Sumo Group plc

Via Belvedere Communications

Carl Cavers, Chief Executive Officer

Tel: +44(0) 7715 769 078

David Wilton, Chief Financial Officer




Zeus Capital Limited (Nominated Adviser & Broker)


Nick Cowles / Andrew Jones

Tel: +44 (0) 161 831 1512

Ben Robertson / John Goold

Tel: +44 (0) 203 829 5000



 Investec Corporate & Investment Banking (Joint Broker)


David Flin/Bruce Garrow

Tel: +44(0)207 597 5970



Belvedere Communications Limited


Cat Valentine (

Tel: +44 (0) 7715 769 078

Keeley Clarke (

Tel: +44 (0) 7967 816 525

Llew Angus (

Tel: +44 (0) 7407 023 147


About Sumo Group - 


Sumo Group's businesses provide acclaimed development, design and publishing services to the video games and entertainment industries from studios in the UK, India, Canada, the US, and Poland.


Sumo Digital, as the Group's primary business, is one of the UK's largest independent developers of AAA-rated video games, having studios in Sheffield, Newcastle, Nottingham, Leamington Spa, Warrington and Pune, India. The business has acquired three studios since IPO, which operate under their own names, BAFTA award-winning The Chinese Room in Brighton, Red Kite Games in Leeds, Lab42 in Leamington Spa and PixelAnt Games in Wroclaw, Poland. Sumo Digital provides turnkey and co-development solutions to a global blue-chip client base.


Pipeworks is an innovative, well-established, and respected US video games developer based in Eugene, Oregon. It provides full development, co-development, and live operations to premier video game publishers and other partners.


Atomhawk is a multi-award-winning visual design company, with studios in Newcastle and in Vancouver (Canada), servicing the games, film, and visual effects industries.


Secret Mode is a video games publisher, focused on delivering fresh and new gaming experiences to players and building expansive and fulfilling communities around those games. It will publish titles developed within Sumo Group and also by independent developers.





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