Director Dealing

RNS Number : 4977P

Learning Technologies Group PLC

18 February 2021

 

18 February 2021

Learning Technologies Group plc

("LTG", "the Group", "the Company")

(AIM: LTG)

Director Dealing

Learning Technologies Group plc, the provider of services and technologies for digital learning and talent management, announces that on 17 February 2021 Jonathan Satchell (Chief Executive Officer) transferred 8,000,000 Ordinary Shares in the Company at the closing price of 174.4 pence per Ordinary Share to The Satchell Trust. Mr Satchell and his wife are the sole Trustees and his children have beneficial interest, and therefore the Trust is considered to be a Person Closely Associated with Mr Satchell.

Following the transaction above, Mr Satchell and family will have the following interests in the Company's share capital: 

Name	Number of Ordinary Shares prior to this transaction	Number of Ordinary Shares following this transaction	% of issued share capital
Jonathan Satchell	75,336,845	67,336,845	9.12%
The Satchell Trust	0	8,000,000	1.08%

The notification of dealing forms can be found below.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jonathan Satchell
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	Learning Technologies Group plc
b)	LEI	21380039DW5LJ4FIC214
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 0.375p each GB00B4T7HX10
b)	Nature of the transaction	Transfer of ordinary shares of 0.375 pence to a family Trust
c)	Price(s) and volume(s)	Price(s) Volume(s) 174.4p 8,000,000 shares
d)	Aggregated information	See 4 (c) above
e)	Date of the transaction	17 February 2021
f)	Place of the transaction	Outside of a trading venue

Enquiries:

Learning Technologies Group plc Jonathan Satchell, Chief Executive Neil Elton, Chief Financial Officer	[phone]
Numis Securities Limited (NOMAD and Corporate Broker) Stuart Skinner, Nick Westlake, Ben Stoop	[phone]
Goldman Sachs International (Joint Corporate Broker) Bertie Whitehead, Adam Laikin	[phone]
FTI Consulting  (Public Relations Adviser) Rob Mindell, Jamie Ricketts, Chris Birt	[phone]

About LTG

Learning Technologies Group plc (LTG) is a leader in the growing workplace digital learning and talent management market. The Group offers end-to-end learning and talent solutions ranging from strategic consultancy, through a range of content and platform solutions to analytical insights that enable corporate and government clients to close the gap between current and future workforce capability.

LTG is listed on the London Stock Exchange's Alternative Investment Market (LTG.L) and headquartered in London. The Group has offices in Europe, North America, South America and Asia-Pacific.

 

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