PDMR dealing and issue of new ordinary shares

RNS Number : 9599I

Learning Technologies Group PLC

07 December 2022

 

7 December 2022

Learning Technologies Group plc

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

(AIM: LTG)

PDMR dealing and issue of new ordinary shares

Pursuant to the vesting of restricted share units ("RSUs") under the terms of a Restricted Share Units Agreement dated 14 October 2021, the Company confirms that application has been made to the London Stock Exchange for the admission of 394,974 new ordinary shares to trading on AIM. Admission is expected to take place on 8 December 2022.

Included within the above figure is Adam Stedham (PDMR), who received 394,974 shares under the RSU and sold 162,630 shares at an average price of 131.75p to cover the nominal cost and applicable taxes. Adam now holds 283,353 shares, representing approximately 0.036% of the issued share capital.

Following the anticipated admission of these shares, the total number of ordinary shares of 0.375p each in the capital of the Company in issue will be 789,760,500.

404,340 shares are held in LTG's Employee Benefit Trust. Voting rights and dividend entitlements have been waived for those shares. The figure of 789,356,160 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

Enquiries:

Learning Technologies Group plc Jonathan Satchell, Chief Executive Kath Kearney-Croft, 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 / Jamille Smith	[phone]

 

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