PDMR Dealing and Holding(s) in Company

RNS Number : 2156B

Immotion Group PLC

08 June 2021

 

8 June 2021

Immotion Group plc

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

PDMR Dealing and Holding(s) in Company

Immotion Group, the UK-based immersive entertainment group, has been notified that on 7 June 2021, Samuel Higginson, the Group's Marketing Director and a PDMR, sold 5,000,000 ordinary shares ("Ordinary Shares") at a price of 5 pence per share.

As announced on 26 November 2020, Samuel Higginson acquired 10,500,000 shares as part of the subscription, which completed on that date.  The proceeds from the 5,000,000 shares sold on 7 June 2021 will be used in the purchase of a residential property for Samuel.

Following this notification, Samuel holds 12,694,330 Ordinary Shares.

Enquiries:

 For further information please visit  www.immotion.co.uk , or contact: 

Immotion Group	Martin Higginson David Marks	Tel + 44 (0) 207 220 1666
WH Ireland Limited (Nomad and Joint Broker)	Adrian Hadden  Darshan Patel Matthew Chan	Tel + 44 (0) 207 220 1666
Alvarium Capital Partners (Joint Broker)	Alex Davies	Tel: [phone]

Shard Capital Partners LLP (Co-Broker)

Damon Heath Erik Woolgar

Tel: [phone]

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	Sale of shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) 5p 5,000,000
d)	Aggregated information -  Aggregated volume -  Price	N/A - single transaction
e)	Date of the transaction	7 June 2021
f)	Place of the transaction	London Stock Exchange XLON

TR-1: S tandard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii :			Immotion Group PLC
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify) iii:
3. Details of person subject to the notification obligation iv
Name			Samuel James Higginson
City and country of registered office (if applicable)
4. Full name of shareholder(s) (if different from 3.) v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached vi :			7 June 2021
6. Date on which issuer notified (DD/MM/YYYY):			7 June 2021
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached	3.05%			3.05%	415,538,083
Position of previous notification (if applicable)	4.26%			4.26%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rights ix					% of voting rights
		Direct (DTR5.1)		Indirect  (DTR5.2.1)			Direct (DTR5.1)		Indirect (DTR5.2.1)
GB00BD5JRP64		12,694,330					3.05%
SUBTOTAL 8. A		12,694,330					3.05%
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument		Expiration date x	Exercise/ Conversion Period xi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument	Expiration date x		Exercise/ Conversion Period xi		Physical or cash Settlement xii			Number of voting rights	% of voting rights
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii				X
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv
Name xv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information xvi

Place of completion	London
Date of completion	7 June 2021

 

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