26 July 2019
DRAPER ESPRIT PLC
("Draper Esprit" or the "Company")
Director/PDMR Shareholding
Draper Esprit (AIM: GROW, Euronext Growth: GRW), a leading venture capital firm involved in the creation, funding and development of high-growth digital technology businesses across Europe, announces that on 25 July 2019, Simon Cook (Chief Executive Officer) and Stuart Chapman (Chief Operating Officer) sold 275,000 ordinary shares each in the capital of the Company ("Shares") at a price of £5.30 per Share.
The Company advises that, following the sale of Shares, Mr Cook remains interested in 1,344,306 shares, representing 1.1% of the Company's issued share capital and Mr Chapman remains interested in 1,344,306 shares, representing 1.1% of the Company's issued share capital. As reflected in the Annual Report, both Mr Cook and Mr Chapman have additional interests in 826,204 share options at various exercise prices under the Company share option plan.
The notification set out in the Annex below, which was made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such sale.
ANNEX
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Simon Cook |
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 |
Draper Esprit PLC |
b) |
LEI |
213800IPCR3SAYJWSW10 |
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
|
a) |
Description of financial instrument, type of instrument |
Ordinary shares of £0.01 each |
|
Identification Code |
GB00BY7QYJ50 |
b) |
Nature of the transaction |
Sale of shares |
c) |
Price(s) and volume(s) |
275,000 shares at 530 pence per share |
d) |
Aggregated information - Aggregated volume - Price |
n/a |
e) |
Date of the transaction |
25 July 2019 |
f) |
Place of the transaction |
London Stock Exchange |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Stuart Chapman |
2 |
Reason for the notification |
|
a) |
Position / status |
Chief Operating Officer |
b) |
Initial notification / amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Draper Esprit PLC |
b) |
LEI |
213800IPCR3SAYJWSW10 |
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
|
a) |
Description of financial instrument, type of instrument |
Ordinary shares of £0.01 each |
|
Identification Code |
GB00BY7QYJ50 |
b) |
Nature of the transaction |
Sale of shares |
c) |
Price(s) and volume(s)
|
275,000 shares at 530 pence per share |
d) |
Aggregated information - Aggregated volume - Price |
n/a |
e) |
Date of the transaction |
25 July 2019 |
f) |
Place of the transaction |
London Stock Exchange |