Draper Esprit PLC
16 June 2021
DRAPER ESPRIT PLC
("Draper Esprit" or the "Company")
Dealings by Persons Discharging Managerial Responsibility ("PDMR")
Draper Esprit PLC (AIM: GROW, ESM: GRW), a leading venture capital firm investing in and developing high growth digital technology businesses, hereby notifies of the acquisition of ordinary shares of £0.01 each ("Ordinary Shares") in the Company on 16th June 2021 by directors Martin Davis, Chief Executive Officer and Ben Wilkinson, Chief Financial Officer.
Martin Davis has acquired 12,500 Ordinary Shares at a price of 800 pence per share. Mr Davis's resultant interest following this purchase is now 14,632 Ordinary Shares, representing 0.010 per cent of the Company's issued share capital. Ben Wilkinson has acquired 3,750 Ordinary Shares at a price of 800 pence per share. Mr Wilkinson's resultant interest following this purchase is now 12,225 Ordinary Shares, representing 0.008 per cent of the Company's issued share capital.
Following these dealings the PDMRs will have the following Ordinary Shares in the Company:
|
| Ordinary Shares Acquired | Resulting Position (Ordinary Shares) | Resulting Position (% of Issued Share Capital) |
| Martin Davis | 12,500 | 14,632 | 0.010% |
| Ben Wilkinson | 3,750 | 12,225 | 0.008% |
The notification set out in the Annex below, which was made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such acquisition.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| 1.1 | Name | Martin Davis |
| 2 | Reason for the notification | |
| 2.1 | Position / status | Chief Executive Officer |
| 2.2 | Initial notification / amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| 3.1 | Name | Draper Esprit PLC |
| 3.2 | LEI | 213800IPCR3SAYJWSW10 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| 4.1 | Description of financial instrument, type of instrument | Ordinary shares of £0.01 each |
|
| Identification Code | GB00BY7QYJ50 |
| 4.2 | Nature of the transaction | Purchase of Shares |
| 4.3 | Price(s) and volume(s) | 12,500 Shares at 800 pence per Share |
| 4.4 | Aggregated information - Aggregated volume - Price |
|
| 4.5 | Date of the transaction | 16th June 2021 |
| 4.6 | Place of the transaction | London Stock Exchange |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| 1.1 | Name | Ben Wilkinson |
| 2 | Reason for the notification | |
| 2.1 | Position / status | Chief Financial Officer |
| 2.2 | Initial notification / amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| 3.1 | Name | Draper Esprit PLC |
| 3.2 | LEI | 213800IPCR3SAYJWSW10 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
| 4.1 | Description of financial instrument, type of instrument | Ordinary shares of £0.01 each |
|
| Identification Code | GB00BY7QYJ50 |
| 4.2 | Nature of the transaction | Purchase of Shares |
| 4.3 | Price(s) and volume(s) | 3,750 Shares at 800 pence per Share |
| 4.4 | Aggregated information - Aggregated volume - Price |
|
| 4.5 | Date of the transaction | 16th June 2021 |
| 4.6 | Place of the transaction | London Stock Exchange |
Enquiries
Draper Esprit plc +44 (0)20 7931 8800
Martin Davis (Chief Executive Officer)
Ben Wilkinson (Chief Financial Officer)
Numis Securities +44 (0)20 7260 1000
Nominated Adviser & Joint Broker
Richard Thomas
Jamie Loughborough
Goodbody Stockbrokers +44 (0)20 3841 6202
Euronext Growth Adviser & Joint Broker
Don Harrington
Charlotte Craigie
Powerscourt +44 (0)79 7024 6725
Public relations
Elly Williamson
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