Issue of Equity - Correction

RNS Number : 8114N

First Derivatives PLC

22 May 2020

 

This is a correction to the Issue of Equity announcement released on 21 May 2020 (RNS Number: 6696N). The below announcement corrects the admission date of the new ordinary shares and includes the required PDMR notifications.

22 May 2020

First Derivatives plc

("FD" or the "Company")

Issue of Equity - Correction

FD (AIM: FDP.L, Euronext Growth: FDP.I) announces that on 21 May 2020 the Company allotted 57,000 new ordinary shares of 0.5p each in the Company (the "Ordinary Shares") pursuant to the exercise of share options by certain employees.

In addition, Non-Executive Chairman Donna Troy has been allotted 1,951 Ordinary Shares, Non-Executive Director Virginia Gambale has been allotted 1,542 Ordinary Shares, and Non-Executive Director Keith MacDonald has been allotted 977 Ordinary Shares, each calculated using a share price of 2,526p in accordance with the terms of their engagement.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM and Euronext Growth and it is expected that admission will take place on 28 May 2020. The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following these allotments, the total issued share capital of the Company will increase to 27,396,673 ordinary shares.

Enquiries

For further information please contact:

First Derivatives plc Seamus Keating, Chief Executive Officer Graham Ferguson, Chief Financial Officer Ian Mitchell, Head of Investor Relations	[phone] www.firstderivatives.com
Investec Bank plc (Nominated Adviser and Broker) Andrew Pinder Carlton Nelson Sebastian Lawrence	[phone]
Goodbody (Euronext Growth Adviser and Broker) David Kearney Don Harrington Finbarr Griffin	[phone]

About FD

FD is a global technology provider with more than 20 years of experience working with some of the world's largest finance, technology, automotive, utility, manufacturing and energy institutions. The Group's Kx technology, incorporating the kdb+ time-series database, is a leader in high-performance, in-memory computing, streaming analytics and operational intelligence. Kx delivers the best possible performance and flexibility for high-volume, data-intensive analytics and applications across multiple industries. FD operates from 15 offices across Europe, North America and Asia Pacific, including its headquarters in Newry, and employs more than 2,400 people worldwide.

For further information, please visit www.firstderivatives.com and www.kx.com

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Donna Troy
2.	Reason for the notification
a)	Positio n / status	Non-Executive Director
b)	Initial notification / amendment	Initial Notification
3.	Details of the Issuer
a)	Name	First Derivatives plc
b)	LEI	213800MKQAJ5R7WIU633
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 £0.05  ISIN: GB0031477770
b)	Nature of the transaction	Remuneration
c)	Price(s) and volume(s)	Price(s) Volume(s) 2,526p 1,951
d)	Aggregated information  -  Aggregated volume  - Price	N/a - single transaction
e)	Date of the transaction	21 May 2020
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Virginia Gambale
2.	Reason for the notification
a)	Positio n / status	Non-Executive Director
b)	Initial notification / amendment	Initial Notification
3.	Details of the Issuer
a)	Name	First Derivatives plc
b)	LEI	213800MKQAJ5R7WIU633
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 £0.05  ISIN: GB0031477770
b)	Nature of the transaction	Remuneration
c)	Price(s) and volume(s)	Price(s) Volume(s) 2,526p 1,542
d)	Aggregated information  -  Aggregated volume  - Price	N/a - single transaction
e)	Date of the transaction	21 May 2020
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Keith MacDonald
2.	Reason for the notification
a)	Positio n / status	Non-Executive Director
b)	Initial notification / amendment	Initial Notification
3.	Details of the Issuer
a)	Name	First Derivatives plc
b)	LEI	213800MKQAJ5R7WIU633
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 £0.05  ISIN: GB0031477770
b)	Nature of the transaction	Remuneration
c)	Price(s) and volume(s)	Price(s) Volume(s) 2,526p 977
d)	Aggregated information  -  Aggregated volume  - Price	N/a - single transaction
e)	Date of the transaction	21 May 2020
f)	Place of the transaction	London Stock Exchange (XLON)

 

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