Issue of Equity/PDMR Dealing

RNS Number : 0997V

Veltyco Group PLC

19 July 2018

 

19 July 2018

Veltyco Group plc

("Veltyco", the "Company" and, together with its subsidiaries, the "Group")

Issue of Equity/PDMR Dealing

Veltyco Group plc, the AIM quoted marketing company for the gaming sector, announces that Hans Dahlgren, a member of the Company's Senior Management Team, has today exercised options over 187,500 ordinary shares of no par value in the Company ("Ordinary Shares") at an exercise price of 25 pence per share.  Following this exercise, Mr Dahlgren is interested in 375,000 Ordinary Shares representing approximately 0.5% of the Company's issued share capital.  The options were issued under the Company's Stock Option plan on 30 June 2016.

Total voting rights

Application will be made for the admission of these 187,500 new Ordinary Shares to trading on AIM ("Admission") and it is expected that Admission will take place at 8.00 a.m. on 25 July 2018.  Following Admission, the Company will have a total of 74,956,159 Ordinary Shares in issue with one voting right per share.  This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

PDMR Notification Forms:

The notifications below are made in accordance with the requirements of Market Abuse Regulation:

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Hans Dahlgren
2.	Reason for the Notification
a)	Position/status	CTO, member of the Company's Senior Management Team
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Veltyco Group plc
b)	LEI	2138007KWLZHV5I1A979
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	Ordinary shares of no par value each in the share capital of Veltyco Group plc
	Identification code	IM00BYT32K14
b)	Nature of the Transaction	Exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) 25p 187,500
d)	Aggregated information Aggregated volume Price	N/A (Single transaction)
e)	Date of the transaction	18 July 2018
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON) Frankfurt Stock Exchange

For further information please contact:

Veltyco Group Plc                                                           [phone]

Gilles Ohana, Non-executive Chairman

Melissa Blau, CEO

Marcel Noordeloos, CFO

Strand Hanson Limited (Nominated Adviser)       [phone]

James Harris / Richard Tulloch / James Dance

Whitman Howard Ltd (Broker)                                  [phone]

Nick Lovering

IFC Advisory (Financial PR & IR)                                [phone]

Graham Herring / Miles Nolan / Zach Cohen

About Veltyco

Veltyco is a group of companies focused on generating marketing leads and entering into marketing contracts for the activities of various partners in the gaming industry as well as operating its own brands.  Veltyco focuses on complementary activities under one umbrella, leveraging its historical cash generative activities of marketing online casinos and sports betting.

Website: www.veltyco.com

 

END

 

 

MSCFKLBFVDFEBBX