LoopUp Group PLC Issue of Equity and Director Dealings (7959N)
22 Maggio 2020 - 3:46PM
UK Regulatory
TIDMLOOP
RNS Number : 7959N
LoopUp Group PLC
22 May 2020
22 May 2020
LOOPUP GROUP PLC
("LoopUp Group" or the "Group")
Issue of Equity and Director Dealings
LoopUp Group plc (LSE AIM: LOOP), the premium remote meetings
company, announces that the Company has issued 122,167 new Ordinary
Shares of 0.5 pence each ("Ordinary Shares") as a result of an
exercise of share options by Directors, employees and ex-employees
of the Group.
Issue of Equity
Application has been made for the 122,167 new Ordinary Shares to
be admitted to trading on AIM. It is expected that dealings in
these new Ordinary Shares will commence on 29 May 2020
("Admission"). The new Ordinary Shares will rank pari passu with
the existing Ordinary Shares.
Following Admission, the Company will have in issue a total of
55,367,349 Ordinary Shares. The Company does not hold any Ordinary
Shares in treasury.
Director Dealings
Michael Reynolds, a Non-Executive Director, exercised options
granted in 2014 at an exercise price of 1.28 pence per share over a
total of 75,000 Ordinary Shares. Following this exercise of options
and sale of shares, Mr. Reynolds will hold options over 75,000
Ordinary Shares and will hold 75,000 Ordinary Shares representing
0.14% of the Group's issued share capital following Admission.
The FCA notification, made in accordance with the requirements
of the EU Market Abuse Regulation is appended below.
For further information, please contact:
LoopUp Group plc via FTI
Steve Flavell, co-CEO
+44 (0) 20 7886
Panmure Gordon (UK) Limited 2500
Dominic Morley / Alina Vaskina (Corporate
Finance)
Erik Anderson (Corporate Broking)
+44 (0) 20 7260
Numis Securities Limited 1000
Simon Willis / Jonny Abbott (Corporate Finance)
+44 (0) 20 3727
FTI Consulting, LLP 1000
Matt Dixon / Emma Hall / Jamille Smith / Shamma
Kelly
About LoopUp Group plc:
LoopUp (LSE AIM: LOOP) is a premium remote meetings solution.
The solution provides a reliable, secure and incredibly simple
experience that is optimised for external guests on
business-critical meetings, such as professional services firms'
communications with their clients. Over 5,000 organisations
worldwide trust LoopUp's award-wining SaaS solution with their
remote meetings, including more than 20 of both the world's top-100
law firms and top-100 private equity firms, as well as enterprises
such as Travelex, Kia Motors, Planet Hollywood and National
Geographic. The Group is headquartered in London, with offices in
San Francisco, New York, Boston, Chicago, Dallas, Los Angeles,
Denver, Cardiff, Milton Keynes, Madrid, Berlin, Malmo, Hong Kong,
Sydney and Barbados, and is listed on the AIM market of the London
Stock Exchange (LOOP). 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.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Names Michael Reynolds
-------------------------- -------------------------------------
2 Reason for the notification
-----------------------------------------------------------------
a) Position/status Director
-------------------------- -------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- -------------------------------------
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 Options over Ordinary Shares of 0.5p
financial instrument, each
type of instrument
-------------------------- -------------------------------------
b) Identification code GB00BYQP6S60
-------------------------- -------------------------------------
c) Nature of the transaction Exercise of Options
-------------------------- -------------------------------------
d) Price(s) and volume(s) 75,000 options at 1.28p each
-------------------------- -------------------------------------
d) Aggregated information 75,000 options at 1.28p each
- Aggregated volume
- Price
-------------------------- -------------------------------------
e) Date of the transaction 21 May 2020
-------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange
-------------------------- -------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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May 22, 2020 09:46 ET (13:46 GMT)
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