TIDMSBIZ

RNS Number : 6175F

SimplyBiz Group PLC (The)

10 March 2020

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

The SimplyBiz Group plc (the "Company" or "SimplyBiz")

Director / PDMR Dealing

The SimplyBiz Group plc, a leading fintech and support services group, is pleased to announce that it has been notified that Matt Timmins, Neil Stevens, Gary Hughes and Tim Clarke (the "Directors") have today purchased, in aggregate, 101,943 ordinary shares in the Company as listed below. Following this transaction, the Directors have a resulting interest in the ordinary shares of the Company as listed below.

 
 Name                                Shares in      % total         Shares in      % total 
                                     SimplyBiz    shares in         SimplyBiz    shares in 
                               before purchase        issue    after purchase        issue 
 Matt Timmins 
  (Joint CEO)                        1,686,975        1.74%         1,698,580        1.76% 
                             -----------------  -----------  ---------------- 
 Neil Stevens 
  (Joint CEO)                        1,636,975        1.69%         1,664,864        1.72% 
                             -----------------  -----------  ---------------- 
 Gary Hughes 
  (Non Executive Director)                 Nil          Nil            54,070        0.06% 
                             -----------------  -----------  ---------------- 
 Tim Clarke 
  (Non Executive Director)               8,823        0.01%            17,202        0.02% 
                             -----------------  -----------  ---------------- 
 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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)   Name                                  Matt Timmins 
     ====================================  ================================= 
 2    Reason for the notification 
     ======================================================================= 
 a)   Position/status                       Joint Chief Executive Officer 
                                             (PDMR) 
     ====================================  ================================= 
 b)   Initial notification/Amendment        Initial notification 
     ====================================  ================================= 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ======================================================================= 
 a)   Name                                  The SimplyBiz Group plc 
     ====================================  ================================= 
 b)   LEI                                   213800DXP1VY21GCTH04 
     ====================================  ================================= 
 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 1p each 
       instrument, type of instrument 
 
 
                                             ISIN: GB00BG1THS43 
       Identification Code 
     ====================================  ================================= 
 b)   Nature of the transaction             Purchase of Ordinary Shares 
     ====================================  ================================= 
 c)   Price(s) and volume(s)                Price(s) 171.4 p 
 
                                             Volume(s) 11,605 
     ====================================  ================================= 
 d)   Aggregated information                N/a - single transaction 
     ====================================  ================================= 
 e)   Date of transaction                   10 March 2020 
     ====================================  ================================= 
 f)   Place of transaction                  London Stock Exchange, 
                                             AIM 
     ====================================  ================================= 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                  Neil Stevens 
     ====================================  ================================= 
 2    Reason for the notification 
     ======================================================================= 
 a)   Position/status                       Joint Chief Executive Officer 
                                             (PDMR) 
     ====================================  ================================= 
 b)   Initial notification/Amendment        Initial notification 
     ====================================  ================================= 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ======================================================================= 
 a)   Name                                  The SimplyBiz Group plc 
     ====================================  ================================= 
 b)   LEI                                   213800DXP1VY21GCTH04 
     ====================================  ================================= 
 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 1p each 
       instrument, type of instrument 
 
 
                                             ISIN: GB00BG1THS43 
       Identification Code 
     ====================================  ================================= 
 b)   Nature of the transaction                  (i) Purchase of Ordinary 
                                                  Shares 
 
                                                  (ii) Purchase by SIPP 
     ====================================  ================================= 
 c)   Price(s) and volume(s)                     (i) Purchase of Ordinary 
                                                  Shares 
                                                   Volume(s)   Price 
                                                     2,320     171.4p 
                                                              ------- 
                                                      14       190.0p 
                                                              ------- 
 
 
 
                                                  (ii) Purchase by SIPP 
                                                  Price(s) 180.0p 
                                                  Volume(s) 25,555 
     ====================================  ================================= 
 d)   Aggregated information                Aggregated volume: 27,889 
 
                                             Aggregated price: 179.3p 
     ====================================  ================================= 
 e)   Date of transaction                   10 March 2020 
     ====================================  ================================= 
 f)   Place of transaction                  London Stock Exchange, 
                                             AIM 
     ====================================  ================================= 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                  Gary Hughes 
     ====================================  ================================= 
 2    Reason for the notification 
     ======================================================================= 
 a)   Position/status                       Non Executive Director (PDMR) 
     ====================================  ================================= 
 b)   Initial notification/Amendment        Initial notification 
     ====================================  ================================= 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ======================================================================= 
 a)   Name                                  The SimplyBiz Group plc 
     ====================================  ================================= 
 b)   LEI                                   213800DXP1VY21GCTH04 
     ====================================  ================================= 
 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 1p each 
       instrument, type of instrument 
 
 
                                             ISIN: GB00BG1THS43 
       Identification Code 
     ====================================  ================================= 
 b)   Nature of the transaction             Purchase of Ordinary Shares 
     ====================================  ================================= 
 c)   Price(s) and volume(s)                Price(s) 184.7 p 
 
                                             Volume(s) 54,070 
     ====================================  ================================= 
 d)   Aggregated information                N/a - single transaction 
     ====================================  ================================= 
 e)   Date of transaction                   10 March 2020 
     ====================================  ================================= 
 f)   Place of transaction                  London Stock Exchange, AIM 
     ====================================  ================================= 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                   Tim Clarke 
     =====================================  ================================ 
 2    Reason for the notification 
     ======================================================================= 
 a)   Position/status                        Non Executive Director 
                                              (PDMR) 
     =====================================  ================================ 
 b)   Initial notification/Amendment         Initial notification 
     =====================================  ================================ 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ======================================================================= 
 a)   Name                                   The SimplyBiz Group plc 
     =====================================  ================================ 
 b)   LEI                                    213800DXP1VY21GCTH04 
     =====================================  ================================ 
 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 1p each 
       instrument, type of instrument 
 
 
                                              ISIN: GB00BG1THS43 
       Identification Code 
     =====================================  ================================ 
 b)   Nature of the transaction              Purchase of Ordinary Shares 
     =====================================  ================================ 
 c)   Price(s) and volume(s)                 Price(s) 179.0 p 
 
                                              Volume(s) 8,379 
     =====================================  ================================ 
 d)   Aggregated information                 N/a - single transaction 
     =====================================  ================================ 
 e)   Date of transaction                    10 March 2020 
     =====================================  ================================ 
 f)   Place of transaction                   London Stock Exchange, 
                                              AIM 
     =====================================  ================================ 
 

For further information please contact:

 
 The SimplyBiz Group plc                 via Instinctif Partners 
 Matt Timmins (Joint Chief Executive 
  Officer) 
  Neil Stevens (Joint Chief Executive 
  Officer) 
 
 Zeus Capital (Nominated Adviser and 
  Joint Broker)                          +44 (0) 20 3829 5000 
 Martin Green 
  Dan Bate 
 Peel Hunt (Joint Broker)                +44 (0) 20 7418 8900 
 Guy Wiehahn 
  Andrew Buchanan 
  Rishi Shah 
 Instinctif Partners                     +44 (0) 20 7457 2020/ SimplyBiz@instinctif.com 
 
  Catherine Wickman 
  Katie Bairsto 
 
 

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.

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