The Company announces that, following the vesting of a conditional share award under the Company's performance share plan (as notified to the market on 1 October 2020) Matt Jones, Chief Executive Officer, sold 131,232 Ordinary Shares on 6 October 2020 to cover his tax liability in relation to the award. The Ordinary Shares were sold at an average price of 195 pence per share. Matt now holds 159,232 Ordinary Shares in the Company, representing 0.21% of the issued share capital.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transaction described above.
1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name: |
Matt Jones |
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2. |
Reason for the notification |
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a) |
Position/status: |
Chief Executive Officer |
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b) |
Initial notification/Amendment: |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name: |
Blancco Technology Group plc |
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b) |
LEI: |
2138008487QKMQTA5428 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type oftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshavebeenconducted |
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a) |
Description of the financial instrument, type of instrument: Identification code: |
Ordinary Shares of 2p each GB00B06GNN57 |
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b) |
Nature of the transaction: |
Sale |
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c) |
Price(s) and volume(s): |
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d) |
Aggregated information: · Aggregatedvolume: · Price: |
Single transaction as in 4 c) above 131,232 195p |
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e) |
Date of the transaction: |
2020-10-06 |
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f) |
Place of the transaction: |
London Stock Exchange, AIM Market (XLON) |
For further information:
Blancco Technology Group plc |
Via Buchanan |
Rob Woodward, Chair |
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Matt Jones, Chief Executive Officer |
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Adam Moloney, Chief Financial Officer
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Peel Hunt (Nominated Advisor & Joint Broker) |
+44 (0) 20 7418 8900 |
Edward Knight / Nick Prowting / Edward Allsopp
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Investec Bank plc (Joint Broker) |
+44 (0) 20 7597 5970 |
Patrick Robb / Sara Hale / Virginia Bull
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Buchanan Communications Limited Chris Lane / Stephanie Watson / Charlotte Slater |
+44 (0) 20 7466 5000 |