Director/PDMR Shareholding

RNS Number : 0500W

LoopUp Group PLC

06 February 2017

 

LOOPUP GROUP PLC

("LoopUp Group" or the "Group")

Director/PDMR Shareholding

LoopUp Group plc (LSE AIM: LOOP), the premium remote meetings company, received notification that Steve Flavell, Co-CEO of the Group, acquired 20,000 ordinary shares in the Company ("Ordinary Share") at a price of 174 pence per Ordinary Share earlier today.

Following the purchase, Steve Flavell has a beneficial interest of 2,727,294 Ordinary Shares representing 6.69% of the Group's issued share capital.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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)	Names	Steve Flavell
2	Reason for the notification
a)	Position/status	Co-CEO
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	LoopUp Group plc
b)	LEI	N/a
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	Ordinary Shares of 0.5p each
b)	Identification code	GB00BYQP6S60
c)	Nature of the transaction	Purchase of shares
d)	Price(s) and volume(s)	Price(s) Volume(s) 174p 20,000
d)	Aggregated information  - Aggregated volume - Price	20,000 174p
e)	Date of the transaction	3 February 2017
f)	Place of the transaction	London Stock Exchange

For further information:

LoopUp Group PLC	via FTI Consulting, LLP
Steve Flavell, Co-CEO
Panmure Gordon (UK) Limited	[phone]
Dominic Morley / Alina Vaskina / William Wickham (Corporate Finance)
Erik Anderson / Amy Sarra (Corporate Broking)
FTI Consulting, LLP	[phone]
Matt Dixon / Chris Lane / Roger Newby

About LoopUp Group plc

LoopUp (LSE AIM: LOOP) is a premium remote meetings solution. Streamlined and intuitive, LoopUp is built for business users and delivers the quality, security and reliability required in the enterprise. One-click screen sharing and integration with tools business people use every day, like Outlook™, make it easy for LoopUp users to collaborate in real time. LoopUp's award-winning SaaS solution doesn't overwhelm users with features, and doesn't require training. Over 2,000 enterprises worldwide, including Travelex, Kia Motors America, Planet Hollywood, National Geographic, and Subaru trust LoopUp with their remote meetings.

The Group is headquartered in London, with offices in San Francisco, New York, Boston, Hong Kong and Barbados, and is listed on the AIM market of the London Stock Exchange (LOOP). For further information, please visit: www.loopup.com.

 

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