TIDMTPX

RNS Number : 5166Z

Panoply Holdings PLC (The)

13 January 2020

13 January 2020

The Panoply Holdings PLC

("The Panoply" and the "Company")

PDMR dealing

The Panoply (AIM: TPX), a digitally native technology-enabled services company, announces that it has been notified that Neal Gandhi, CEO, and Oliver Rigby, CFO, have each transferred respectively 323,529 and 58,823 ordinary shares (the "Donor Shares") to Founders Pledge (Founders for Good UK Ltd charity number 1162201) ("FP"). The Donor Shares have been transferred at nil consideration and have a value of approximately GBP275,000 and GBP50,000 respectively based on the closing mid-price of 85 pence on 10 January 2020, being the last practical date prior to the transfer.

FP is an English registered charity which receives and administers charitable gifts, and reviews and distributes grants to qualified organisations suggested by donors. The transfer of the Donor Shares is in line with The Panoply's socially conscious values, and on a similar basis to the transfer made at admission of the Company's shares to trading on AIM and set out in the Company's Admission Document. The Donor Shares are subject to an orderly market agreement until 4 December 2020.

Following the transfers of the Donor Shares, Neal Gandhi remains interested in 9,463,355 ordinary shares in The Panoply, representing approximately 19.24% of the total shareholding in the Company Oliver Rigby remains interested in 5,066,107 ordinary shares in The Panoply, representing approximately 10.30% of the total shareholding in the Company.

Enquiries:

 
   The Panoply Holdings 
     Neal Gandhi (CEO)                 Via Alma PR 
     Oliver Rigby (CFO) 
 
     Stifel Nicolaus Europe Limited    +44 (0)207 710 7600 
     (Nomad and Broker) 
    Fred Walsh 
     Alex Price 
     Neil Shah 
     Luisa Orsini Baroni 
 
    Alma PR                           panoply@almapr.co.uk 
     (Financial PR)                    +44(0)203 405 0206 
     Josh Royston                      07780 901979 
     Susie Hudson 
     Kieran Breheny 
 
 

About The Panoply

The Panoply is a digitally native technology services company, built to service clients' digital transformation needs. Founded in 2016, with the aim of identifying and acquiring best-of-breed specialist information technology, design and innovation consulting businesses across Europe, the Group collaborates with its clients to deliver the technology outcomes they're looking for at the pace that they expect and demand.

More information is available at www.thepanoply.com

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.

Transfer of Shares to Donor Advised Fund:

 
 1         Details of the person discharging managerial responsibilities 
            / person closely associated 
 a)    Name                             Neal Gandhi 
      ----------------------------     --------------------------------------------------- 
 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                             The Panoply Holdings Plc 
      ----------------------------     --------------------------------------------------- 
 b)    LEI                              2138004S9O18Q6F9MS74 
      ----------------------------     --------------------------------------------------- 
 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               Ordinary Shares 
        financial instrument, 
        type of instrument 
       Identification code              ISIN: GB00BGGK0V60 
 b)    Nature of the transaction        Transfer of Ordinary Shares 
 
 c) Price(s) and volume(s) 
                                          323,529 ordinary shares at nil consideration 
                                         --------------------------------------------- 
 d)    Aggregated information           N/A 
       - Aggregated volume 
       - Price 
 e)    Date of the transaction          10 January 2020 
 f)    Place of the transaction         Outside a trading venue 
      ----------------------------     --------------------------------------------------- 
 
 1         Details of the person discharging managerial responsibilities 
            / person closely associated 
          -------------------------------------------------------------------------------- 
 a)    Name                             Oliver Rigby 
      ----------------------------     --------------------------------------------------- 
 2         Reason for the notification 
          -------------------------------------------------------------------------------- 
 a)    Position/status                  Chief Financial Officer 
      ----------------------------     --------------------------------------------------- 
 b)    Initial notification             Initial notification 
        /Amendment 
      ----------------------------     --------------------------------------------------- 
 3         Details of the issuer, emission allowance market participant, 
            auction platform, auctioneer or auction monitor 
          -------------------------------------------------------------------------------- 
 a)    Name                             The Panoply Holdings Plc 
      ----------------------------     --------------------------------------------------- 
 b)    LEI                              2138004S9O18Q6F9MS74 
      ----------------------------     --------------------------------------------------- 
 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               Ordinary Shares 
        financial instrument, 
        type of instrument 
       Identification code              ISIN: GB00BGGK0V60 
 b)    Nature of the transaction        Transfer of Ordinary Shares 
 
 c) Price(s) and volume(s) 
                                          58,823 ordinary shares at nil consideration 
                                         --------------------------------------------- 
 d)    Aggregated information           N/A 
       - Aggregated volume 
       - Price 
 e)    Date of the transaction          10 January 2020 
 f)    Place of the transaction         Outside a trading venue 
      ----------------------------     --------------------------------------------------- 
 
 

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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January 13, 2020 02:00 ET (07:00 GMT)

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