Director Dealing

RNS Number : 6295A

Learning Technologies Group PLC

02 June 2021

 

2 June 2021

Learning Technologies Group plc

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

(AIM: LTG)

Director Dealing

Further to the announcement on 18 February 2021, Learning Technologies Group plc, the provider of services and technologies for digital learning and talent management, announces that on 2 June 2021 The Satchell Trust sold 2,100,000 Ordinary Shares in the Company at an average price of 169.77 pence per Ordinary Share. Jonathan Satchell (CEO) and his wife are the sole Trustees and the sale will fund a property purchase for their children who have beneficial interest in the Trust.

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	67,336,845	67,336,845	9.12%
The Satchell Trust	8,000,000	5,900,000	0.80%

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	Sale of ordinary shares of 0.375 pence in a family Trust
c)	Price(s) and volume(s)	Price(s) Volume(s) 169.8p 2,100,000 shares
d)	Aggregated information	See 4 (c) above
e)	Date of the transaction	2 June 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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