14 March 2022
LoopUp Group plc
("LoopUp" or the "Group")
PDMR Dealings
LoopUp Group plc (LSE AIM: LOOP), the cloud platform for premium specialist communications, announces that the Group's Remuneration Committee and the Board have approved the grant of share options to the following PDMRs of the Group:
| | | New Options granted | Total number of options held post grant |
| Marcus Greensit | COO | 100,000 | 761,000 |
| Victor Sanchez | CTO | 100,000 | 300,000 |
| David Carroll | EVP Network Operations | 100,000 | 303,250 |
| Edward Cooper | General Counsel | 100,000 | 339,000 |
| Jana Rhyu | SVP Product | 100,000 | 154,750 |
The FCA notification, made in accordance with the UK version of the requirements of the EU Market Abuse Regulation (as part of UK law by virtue of the European Union (Withdrawal) Act 2018) is appended below.
For further information, please contact:
| LoopUp Group plc | via FTI |
| Steve Flavell, co-CEO | |
| | |
| Panmure Gordon (UK) Limited | +44 (0) 20 7886 2500 |
| Dominic Morley / Alina Vaskina (Corporate Finance) | |
| Erik Anderson (Corporate Broking) | |
| | |
| Cenkos Securities Limited | +44 (0) 20 7397 8900 |
| Giles Balleny / Dan Hodkinson (Corporate Finance) | |
| Alex Pollen / Dale Bellis (Sales) | |
| | |
| FTI Consulting, LLP | +44 (0) 20 3727 1000 |
| Matt Dixon / Jamille Smith / Tom Blundell | |
About LoopUp Group plc
LoopUp (LSE AIM: LOOP) is a cloud platform for premium specialist communications, focusing on capabilities that complement foundational unified communications platforms, such as Microsoft Teams. The Group's flagship Cloud Telephony solution for Microsoft Teams enables enterprise customers to eliminate disparate on-premises phone systems and multiple telecommunications service providers, and consolidate their global telecommunications into a single cloud implementation. LoopUp's global IP backbone interconnects with 18 carefully selected regional carrier partners and the Group has market-leading coverage as a licensed telecommunications service provider. The Group is listed on the AIM market of the London Stock Exchange (LOOP) and is headquartered in London, with offices in the US, Spain, Germany, Hong Kong, Barbados and Australia. For further information, please visit: www.loopup.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)
| Names | 1. Marcus Greensit 2. Victor Sanchez 3. Dave Carroll 4. Edward Cooper 5. Jana Rhyu | ||||||||||||||||||
| 2
| Reason for the notification | |||||||||||||||||||
| a)
| Position/status
| Classified as PDMRs of the Company | ||||||||||||||||||
| b)
| Initial notification /Amendment
| Initial Notification | ||||||||||||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||
| a)
| Name
| LoopUp Group plc | ||||||||||||||||||
| b)
| LEI | 21380063DQ4WXDQLYB80 | ||||||||||||||||||
| 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 0.5p | ||||||||||||||||||
| b) | Identification code
| GB00BYQP6S60 | ||||||||||||||||||
| c)
| Nature of the transaction
| Grant of options | ||||||||||||||||||
| d)
| Price(s) and volume(s) |
| ||||||||||||||||||
| d)
| Aggregated information - Aggregated volume - Price | 500,000 options over ordinary shares of 0.5p with a strike price of £0.0725 | ||||||||||||||||||
| e)
| Date of the grant | 10 March 2022 | ||||||||||||||||||
| f) | Place of the transaction | London Stock Exchange | ||||||||||||||||||
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