2 June 2021
Learning Technologies Group plc
("LTG", "the Group", "the Company")
(AIM: LTG)
Director Dealing
Further to the announcement on 18 February 2021, Learning Technologies Group plc, the provider of services and technologies for digital learning and talent management, announces that on 2 June 2021 The Satchell Trust sold 2,100,000 Ordinary Shares in the Company at an average price of 169.77 pence per Ordinary Share. Jonathan Satchell (CEO) and his wife are the sole Trustees and the sale will fund a property purchase for their children who have beneficial interest in the Trust.
Following the transaction above, Mr Satchell and family will have the following interests in the Company's share capital:
| Name | Number of Ordinary Shares prior to this transaction | Number of Ordinary Shares following this transaction | % of issued share capital |
| Jonathan Satchell | 67,336,845 | 67,336,845 | 9.12% |
| The Satchell Trust | 8,000,000 | 5,900,000 | 0.80% |
The notification of dealing forms can be found below.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Jonathan Satchell | ||||
| 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
| Learning Technologies Group plc | ||||
| b)
| LEI | 21380039DW5LJ4FIC214 | ||||
| 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
Identification code
|
Ordinary shares of 0.375p each
GB00B4T7HX10 | ||||
| b)
| Nature of the transaction
| Sale of ordinary shares of 0.375 pence in a family Trust | ||||
|
c)
|
Price(s) and volume(s) |
| ||||
| d)
| Aggregated information | See 4 (c) above | ||||
| e)
| Date of the transaction
| 2 June 2021
| ||||
| f)
| Place of the transaction
| Outside of a trading venue | ||||
Enquiries:
| Learning Technologies Group plc Jonathan Satchell, Chief Executive Neil Elton, Chief Financial Officer
| +44 (0) 207 832 3440 |
| Numis Securities Limited (NOMAD and Corporate Broker) Stuart Skinner, Nick Westlake, Ben Stoop
| +44 (0)20 7260 1000 |
| Goldman Sachs International (Joint Corporate Broker) Bertie Whitehead, Adam Laikin
| +44 (0)20 7774 1000 |
| FTI Consulting (Public Relations Adviser) Rob Mindell, Jamie Ricketts, Chris Birt | +44 (0)20 3727 1000 |
About LTG
Learning Technologies Group plc (LTG) is a leader in the growing workplace digital learning and talent management market. The Group offers end-to-end learning and talent solutions ranging from strategic consultancy, through a range of content and platform solutions to analytical insights that enable corporate and government clients to close the gap between current and future workforce capability.
LTG is listed on the London Stock Exchange's Alternative Investment Market (LTG.L) and headquartered in London. The Group has offices in Europe, North America, South America and Asia-Pacific.
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