Director/PDMR Shareholding

RNS Number : 5386G

Immotion Group PLC

26 November 2020

 

Immotion Group plc

("Immotion Group" or "the Group")

Director/PDMR Shareholding

Immotion Group (AIM:IMMO) is pleased to announce further to the announcement of the Placing and Subscription on 19 November 2020, Admission of the New Ordinary Shares took place on 25 November 2020 ("Admission"). As part of the Placing and Subscription, the following Director/PDMR dealings in the shares of the Company took place.

Samuel Higginson, the Group's Marketing Director and person closely associated with Martin Higginson (the Group's CEO) acquired 10,500,000 Ordinary Shares, further details of which are below. Following this purchase Samuel Higginson's total holding is 16,955,740 representing 4.14% of the Group's issued share capital. Following this purchase, the Higginson family holding is 40,982,685, representing 10.01% of the Group's issued share capital.

David Marks, the Finance Director of the Group, acquired 500,000 Ordinary Shares, further details of which are below. Following this purchase, David Marks' total holding is 10,267,580 representing 2.51% of the Group's issued share capital.

Rodney Findley, a Director of the Group, acquired 500,000 Ordinary Shares, further details of which are below. Following this purchase Rodney Findley's total holding is 10,584,349 representing 2.58% of the Group's issued share capital.

Ian Hetherington, Chairman of Immotion Studios, acquired 1,000,000 Ordinary Shares, further details of which are below. Following this purchase Ian Hetherington's total holding is 2,067,493 representing 0.50% of the Group's issued share capital.

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	Samuel Higginson
2	Reason for the notification
a)	Position/status	Group Marketing Director
b)	Initial notification/ Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Immotion Group Plc
b)	LEI	894500TW3TTWSJ7DYP93
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 0.040108663p each ISIN: GB00BD5JRP64
b)	Nature of the transaction	Shares were acquired by Samuel Higginson as part of the Placing and Subscription announced on 19 November 2020.
c)	Price(s) and volume(s)	Price(s) Volume(s) 4p 10,500,000
d)	Aggregated information -  Aggregated volume -  Price	N/A - single transaction
e)	Date of the transaction	25 November 2020
f)	Place of the transaction	London Stock Exchange XLON

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	David Marks
2	Reason for the notification
a)	Position/status	Group Finance Director
b)	Initial notification/ Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Immotion Group Plc
b)	LEI	894500TW3TTWSJ7DYP93
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 0.040108663p each ISIN: GB00BD5JRP64
b)	Nature of the transaction	Shares were acquired by David Marks as part of the Placing and Subscription announced on 19 November 2020.
c)	Price(s) and volume(s)	Price(s) Volume(s) 4p 500,000
d)	Aggregated information -  Aggregated volume -  Price	N/A - single transaction
e)	Date of the transaction	25 November 2020
f)	Place of the transaction	London Stock Exchange XLON

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	Rodney Findley
2	Reason for the notification
a)	Position/status	Group Commercial Director
b)	Initial notification/ Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Immotion Group Plc
b)	LEI	894500TW3TTWSJ7DYP93
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 0.040108663p each ISIN: GB00BD5JRP64
b)	Nature of the transaction	Shares were acquired by Rodney Findley as part of the Placing and Subscription announced on 19 November 2020.
c)	Price(s) and volume(s)	Price(s) Volume(s) 4p 500,000
d)	Aggregated information -  Aggregated volume -  Price	N/A - single transaction
e)	Date of the transaction	25 November 2020
f)	Place of the transaction	London Stock Exchange XLON

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	Ian Hetherington
2	Reason for the notification
a)	Position/status	Chairman of Immotion Studios
b)	Initial notification/ Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Immotion Group Plc
b)	LEI	894500TW3TTWSJ7DYP93
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 0.040108663p each ISIN: GB00BD5JRP64
b)	Nature of the transaction	Shares were acquired by Ian Hetherington as part of the Placing and Subscription announced on 19 November 2020.
c)	Price(s) and volume(s)	Price(s) Volume(s) 4p 1,000,000
d)	Aggregated information -  Aggregated volume -  Price	N/A - single transaction
e)	Date of the transaction	25 November 2020
f)	Place of the transaction	London Stock Exchange XLON

Enquiries:

Immotion Group	Martin Higginson	Tel: [phone]
WH Ireland Limited (Nomad and Joint Broker)	Corporate Finance: Adrian Hadden Darshan Patel Matthew Chan Sales / Corporate Broking: Jasper Berry David Kilbourn	Tel: [phone]
Alvarium Capital Partners Limited (Joint Broker)	Alex Davies	Tel: [phone]
Shard Capital Partners Limited (Joint Broker)	Damon Heath Erik Woolgar	Tel: [phone]

This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

 

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