Holding(s) in the Group

RNS Number : 4912K

LoopUp Group PLC

10 April 2018

 

LOOPUP GROUP PLC

("LoopUp Group" or the "Group")

Holding(s) in the Group

LoopUp Group plc (LSE AIM: LOOP), the premium remote meetings company, today received notification that on 10 April 2018 Andrew Scott has sold 600,000 ordinary shares in the Group ("Ordinary Share") at 425 pence per Ordinary Share to satisfy institutional demand.

Following the Sale, Mr. Scott has a beneficial interest of 10,088,919 Ordinary Shares representing 23.9% of the Group's issued share capital. These Ordinary Shares will remain subject to the same orderly market arrangements undertaken on Admission.

Mr. Scott's beneficial holding includes 5,442,889 Ordinary Shares registered in the name of Mr. Scott and his spouse, Rhonda Scott (representing 12.9% of the Group's issued share capital); 146,030 Ordinary Shares registered in the name of the Scott Family Trust (representing 0.3% of the Group's issued share capital); and 4,500,000 Ordinary Shares registered in the name of the SFT Capital Ltd (representing 10.7% of the Group's issued share capital).

For further information:

LoopUp Group PLC	via FTI Consulting, LLP
Steve Flavell, co-CEO
Panmure Gordon (UK) Limited	[phone]
Dominic Morley / Alina Vaskina (Corporate Finance)
Erik Anderson (Corporate Broking)
FTI Consulting, LLP	[phone]
Matt Dixon / Harry Staight

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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