Replacement Director/PDMR Shareholding

RNS Number : 8118R

WANdisco Plc

05 March 2019

 

This announcement is a replacement for one released on 12 October 2018 at 7:00am under RNS number 8207D.

Due to a clerical error the announcement disclosed the number of shares Mr. Aahlad holds as 2,433,148 Ordinary Shares. This number should have read 2,432,504 Ordinary Shares.

All other details remain unchanged.

The full amended text is shown below.

WANdisco plc

("WANdisco" or the "Company")

Director Dealings and Issue of Equity - Replacement

WANdisco plc (LSE: WAND, the "Company" or "WANdisco"), the Live Data company, was informed that Mr. David Richards, the Company's Chairman, CEO and Co-founder, had exercised Restricted Stock Units ("RSUs") covering a total of 95,266 ordinary shares under the Company's Long Term Incentive Plan ("LTIP"), which vested between 31-May and 2 June 2018, of 10p per share.  The Company was also been advised that Mr. Richards has sold 85,266 ordinary shares in the company, covering the costs of the RSU exercises and associated taxes, retaining 10,000 shares and the remaining net sales proceeds.  Following the sale, Mr. Richards is now beneficially interested in a total of 2,099,233 Ordinary Shares representing approximately 5.02% of the Company's issued share capital. 

The Company was also informed that Mr. Aahlad, a director of the Company, had exercised RSUs covering a total of 5,000 shares of 10p each under the LTIP, which vested 2 June 2018.  The Company was also advised that Mr. Aahlad has sold 2,587 ordinary shares in the company, covering the costs of the RSU exercises and associated taxes, retaining 2,413 shares.  Following the sale, Mr. Aahlad is now beneficially interested in a total of 2,432,504 Ordinary Shares representing approximately 5.82% of the Company's issued share capital.

The following represents the Directors dealings in RSUs under the LTIP:

Director	Date/Type of Transaction	Amount, class of securities and price
David Richards, Chairman, President, CEO and Co-founder	11 October 2018 / Exercise & hold	10,000 Restricted Stock Units (ordinary shares) of 0.10p each
David Richards, Chairman, President, CEO and Co-founder,	11 October 2018 / Exercise & sale	85,266 Restricted Stock Units (ordinary shares) of 0.10p each
Yeturu Aahlad, Board Member	11 October 2018 / Exercise & hold	2,413 Restricted Stock Units (ordinary shares) of 0.10p each
Yeturu Aahlad, Board Member	11 October 2018 / Exercise & sale	2,587 Restricted Stock Units (ordinary shares) of 0.10p each

For further information, please contact:

WANdisco plc	via FTI Consulting
David Richards, Chief Executive Officer and Chairman
Erik Miller, Chief Financial Officer
FTI Consulting	[phone]
Matt Dixon / Harry Staight / Leah Dudley / Kwaku Aning
Stifel (Joint Broker and Nomad)	[phone]
Fred Walsh / Neil Shah / Alex Price / Rajpal Padam
Peel Hunt (Joint Broker) Edward Knight / Nick Prowting	[phone]
WH Ireland Limited (Joint Broker) Adam Pollock / Tim Feather	[phone]

About WANdisco

WANdisco is shaping the future of data infrastructure with its groundbreaking Live Data platform, enabling companies to put all their data to work for the business - all the time, at any scale.

WANdisco makes data always available, always accurate, and always protected, delivering hyperscale economics to support exponential data growth with the same IT budget. With significant OEM relationships with IBM and Dell EMC and go-to-market partnerships with Amazon Web Services, Cisco, Microsoft Azure, Google Cloud, Hewlett Packard Enterprise, Oracle and other industry titans - as well as hundreds of customers among the Global 2000 - WANdisco is igniting a Live Data movement worldwide.

For additional information, please visit www.wandisco.com 

 

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation. 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	David Richards
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	WANdisco plc
b)	LEI	213800Y1A75RSC698O04
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 Identification code	Ordinary shares of 10p each  ISIN: JE00B6Y3DV84
b)	Nature of the transaction	Sales of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 524.08p  85,266
d)	Aggregated information - Aggregated volume - Price - Aggregated total	85,266 524.08p £446,862.05
e)	Date of the transaction	11 October 2018
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Yeturu Aahlad
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	WANdisco plc
b)	LEI	213800Y1A75RSC698O04
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 Identification code	Ordinary shares of 10p each  ISIN: JE00B6Y3DV84
b)	Nature of the transaction	Sales of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 524.08p  2,587
d)	Aggregated information - Aggregated volume - Price - Aggregated total	2,587 524.08p £13,557.95
e)	Date of the transaction	11 October 2018
f)	Place of the transaction	London Stock Exchange (XLON)

 

END

 

 

DSHJIMBTMBMMTTL