Director/PDMR Shareholding

RNS Number : 4285D

Cloudcoco Group PLC

19 October 2022

 

19 October 2022

CloudCoCo Group plc

("CloudCoCo", the "Group" or the "Company")

Director/PDMR shareholding

CloudCoCo (AIM: CLCO), a UK provider of IT and communications solutions to businesses and public sector organisations, announces that it received notification yesterday that Non-Executive Chairman, Simon Duckworth has purchased 1,100,000 Ordinary Shares of 1 pence in the Company ("Ordinary Shares") at 0.89 pence per share.

Simon Duckworth now has a total beneficial interest in the Company (including shares held by his wife) of 26,950,000 ordinary shares, which represents 3.82 per cent of the issued share capital.

Notification and public disclosure of transaction by person discharging managerial responsibilities.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Simon Duckworth
2.	Reason for the Notification
a)	Position/status	Non-Executive Chairman
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	CloudCoCo Group plc
b)	LEI	213800D4GJKAFHT5TB32
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 1 penny each
	Identification code	GB00B8GRBX01
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price: 0.89 pence per share Volume: 1,100,000
d)	Aggregated information: ·Aggregated volume ·Price	Volume: 1,100,000 Price: £9,790
e)	Date of the transaction	18 October 2022
f)	Place of the transaction	London Stock Exchange (XLON)

Contacts:

CloudCoCo Group plc Mark Halpin (CEO) Darron Giddens (CFO)	Via Alma PR
Allenby Capital Limited - (Nominated Adviser & Broker) Jeremy Porter / James Reeve - Corporate Finance Tony Quirke / Amrit Nahal - Sales & Corporate Broking	Tel: [phone]
Alma PR - (Financial PR) David Ison Josh Royston Kieran Breheny	Tel: [phone] [e-mail]

About CloudCoCo Group plc

Supported by a team of industry experts and harnessing a diverse ecosystem of partnerships with blue-chip technology vendors, CloudCoCo makes it easy for private and public sector organisations to work smarter, faster and more securely by providing a single point of purchase for their connectivity, telephony, cyber security, cloud, IT hardware and support needs.

CloudCoCo has offices in Warrington, Leeds, Bournemouth and Sheffield in the UK

 

END

 

 

DSHBKLFFLBLLFBX