Source - LSE Regulatory
RNS Number : 8744W
Altitude Group PLC
28 April 2021
 

Altitude Group plc

("Altitude", the "Company" or the "Group")

Exercise of options

 

 

Altitude Group plc (AIM: ALT), the operator of a leading marketplace for the global promotional products industry, announces that on 26 April 2021, Gareth Taylor, a PDMR, has exercised 200,000 options over ordinary shares of 0.4 pence each in the Company ("Ordinary Shares") at a price of 22.00 pence per Ordinary Share (the "Option Exercise").

Application has been made for the new Ordinary Shares pursuant to the Option Exercise to be admitted to trading on AIM and dealings are expected to commence on 6 May 2021 ("Admission").

The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following Admission, the Company's issued share capital will consist of 70,667,268 Ordinary Shares. Accordingly, the figure of 70,667,268 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 Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Enquiries:

 

            Altitude Group plc - via finnCap                                             020 7220 0500

            Nichole Stella, Chief Executive Officer

            Graeme Couturier, Chief Financial Officer

            Keith Edelman, Non-Executive Chairman

 

            finnCap Ltd                                                                              020 7220 0500

            Jonny Franklin-Adams / Charlie Beeson (Corporate Finance)

            Richard Chambers (ECM)

 

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

Gareth Taylor

2.               

Reason for the Notification

a)

Position/status

General Manager - Software

b)

Initial notification/Amendment

Initial notification

 

3.    

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

a)

Name

Altitude Group plc

b)

LEI

213800VACSTYYSI39R89

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

 

Options over ordinary shares of 0.4p

 

Identification code

GB00B0LSFV82

b)

Nature of the transaction

Exercise of Options over Ordinary Shares

c)

Price(s) and volume(s)

Exercise Price(s)

Volume(s)

22.00 pence

200,000

 

d)

Aggregated information:

·      Aggregated volume

·      Price

 

As above

e)

Date of the transaction

26 April 2021

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

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END
 
 
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