TIDMLTG

RNS Number : 4977P

Learning Technologies Group PLC

18 February 2021

18 February 2021

Learning Technologies Group plc

("LTG", "the Group", "the Company")

(AIM: LTG)

Director Dealing

Learning Technologies Group plc, the provider of services and technologies for digital learning and talent management, announces that on 17 February 2021 Jonathan Satchell (Chief Executive Officer) transferred 8,000,000 Ordinary Shares in the Company at the closing price of 174.4 pence per Ordinary Share to The Satchell Trust. Mr Satchell and his wife are the sole Trustees and his children have beneficial interest, and therefore the Trust is considered to be a Person Closely Associated with Mr Satchell.

Following the transaction above, Mr Satchell and family will have the following interests in the Company's share capital:

 
 Name            Number of Ordinary   Number of Ordinary   % of issued share 
                    Shares prior to     Shares following             capital 
                   this transaction     this transaction 
 Jonathan 
  Satchell               75,336,845           67,336,845               9.12% 
                -------------------  -------------------  ------------------ 
 The Satchell 
  Trust                           0            8,000,000               1.08% 
                -------------------  -------------------  ------------------ 
 

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           Initial notification 
         /Amendment 
       -----------------------------  ------------------------------------ 
 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                   Ordinary shares of 0.375p each 
         instrument, type 
         of instrument                   GB00B4T7HX10 
 
         Identification 
         code 
       -----------------------------  ------------------------------------ 
 b)     Nature of the                  Transfer of ordinary shares of 
         transaction                    0.375 pence to a family Trust 
       -----------------------------  ------------------------------------ 
                                         Price(s)   Volume(s) 
   c)     Price(s) and volume(s)          174.4p     8,000,000 shares 
                                                    ----------------- 
       -----------------------------  ------------------------------------ 
 d)     Aggregated information         See 4 (c) above 
       -----------------------------  ------------------------------------ 
 e)     Date of the transaction        17 February 2021 
       -----------------------------  ------------------------------------ 
 f)     Place of the transaction       Outside of a trading venue 
       -----------------------------  ------------------------------------ 
 

Enquiries:

 
 Learning Technologies Group plc 
  Jonathan Satchell, Chief Executive              +44 (0)20 7832 
  Neil Elton, Chief Financial Officer                       3440 
 Numis Securities Limited (NOMAD and Corporate 
  Broker)                                         +44 (0)20 7260 
  Stuart Skinner, Nick Westlake, Ben Stoop                  1000 
 Goldman Sachs International (Joint Corporate 
  Broker)                                         +44 (0)20 7774 
  Bertie Whitehead, Adam Laikin                             1000 
 FTI Consulting (Public Relations Adviser)        +44 (0)20 3727 
  Rob Mindell, Jamie Ricketts, Chris Birt                   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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February 18, 2021 02:00 ET (07:00 GMT)

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