Director Dealings

RNS Number : 0905L

IQGeo Group PLC

03 September 2019

 

IQGeo Group plc

(the "Company" or the "Group")

Director Dealings

IQGeo Group plc (AIM: IQG), a leading developer of geospatial software for the telecommunications and utility industries, announces the following changes to the holdings of the Directors of the Company following the announcement of the result of the Tender Offer on 2 August 2019.

Director	No. of Ordinary Shares held prior to the Tender Offer	Per cent. of issued share capital prior to the Tender Offer	No. of Ordinary Shares sold under the Tender Offer	No. of Ordinary Shares held following the Tender Offer	Per cent. of issued share capital following cancellation of the Tender Offer Shares
Tim Gingell	86,875	0.119%	-	86,875	0.176%
Ian Kershaw	2,000	0.003%	-	2,000	0.004%
Richard Petti	78,125	0.107%	-	78,125	0.158%
Robert Sansom	6,235,899	8.507%	2,404,185	3,831,714	7.741%
Oliver Scott*	18,994,863	25.913%	7,323,246	11,671,617	23.580%
Paul Taylor	191,459	0.261%	-	191,459	0.387%

* Mr Scott is a partner of, and holds a beneficial interest in, Kestrel Partners LLP which has discretionary control over the number of shares disclosed by Mr Scott's name in the table above.  Mr Scott is also a shareholder in Kestrel Opportunities, one of the discretionary clients of Kestrel Partners LLP, and is therefore deemed to have an indirect beneficial interest in Kestrel Opportunities' entire legal holding in the Company, which prior to the Tender Offer comprised 15,082,597 Ordinary Shares and after the Tender Offer comprises 9,267,659 Ordinary Shares.

Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as defined in the Circular published on 2 August 2019.

For further information contact:

IQGeo Group plc                                                                                  [phone]

Richard Petti

Tim Gingell

finnCap Ltd                                                                                           [phone]

Henrik Persson, Anthony Adams (Corporate Finance)

Tim Redfern, Richard Chambers (ECM)

Tulchan Communications LLP                                                        [phone]

James Macey White, Matt Low, Deborah Roney

Notes to Editors

About IQGeo

IQGeo™ (AIM: IQG) is a leading developer of geospatial software for the telecommunications and utility industries, accelerating productivity and collaboration across enterprise planning, design, construction and maintenance processes. Our reality-centric solutions create and maintain a real-time, accurate view of complex network assets, dramatically improving data quality and currency.  IQGeo's open, mobile-first architecture streamlines operational processes using any device, in the office or in the field, enabling greater business collaboration. We help network operators meet their digital transformation ambitions, saving time and money, while improving safety and enhancing customer satisfaction. Headquartered in Cambridge UK, with offices in Denver USA, Frankfurt Germany and Tokyo Japan we work with some of the largest network infrastructure operators in the world. For more information visit: https://www.iqgeo.com/

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	(i)     Robert Sansom (ii)    Oliver Scott
2	Reason for the notification
a)	Position/status	(i)     Non-Executive Director (ii)    Non-Executive Director (Board representative of Kestrel Partners LLP)
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	IQGEO Group plc
b)	LEI	213800P2PCLCEFANB194
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	2p Ordinary Shares ISIN: GB00B3NCXX73
b)	Nature of the transaction	Sale of Ordinary Shares under the Tender Offer
c)	Price(s) and volume(s)	Price(s) Volume(s) (i)             46p (ii)            46p (i)             2,404,185 (ii)            7,323,246
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	30/08/19
f)	Place of the transaction	London Stock Exchange

 

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