Director/PDMR Shareholding

RNS Number : 7651N

Immedia Group PLC

02 February 2021

 

2 February 2021

For immediate release

Immedia Group Plc

("Immedia" or "the Company" or "the Group")

Director/PDMR Shareholding

Immedia ( AIM: IME), a supplier of multi-media content and digital solutions for leading brands and global businesses, announces that pursuant to the Subscription and Placing announced on 8 January 2021, Mark Horrocks, Non-Executive Director, (and his related family interests) have subscribed for 1,600,000 New Ordinary Shares at £0.25 per Subscription Share.

As a result, Mark Horrocks (and his related family interests, explained below) are now interested in 8,869,638 Ordinary Shares representing 23.60 per cent. of the issued share capital of the Company. 

Shareholder	Previous shareholding	Subscription	Current shareholding	Percentage shareholding
Mark Horrocks	4,501,638	700,000	5,201,638	13.84%
Dewscope Limited (Note 1)	1,370,000	200,000	1,570,000	4.18%
Mrs Dorothy Jean Horrocks (Note 2)	1,398,000	700,000	2,098,000	5.58%
Total	7,269,638	1,600,000	8,869,638	23.60%

Note 1 - Dewscope Limited is ultimately controlled by Mark Horrocks

Note 2 - Mrs Dorothy Jean Horrocks is Mark Horrocks' mother; Mark Horrocks now has a Lasting Power of Attorney over this shareholding

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)	Name			Mark Horrocks (and his related family interests)
2		Reason for the notification
a)	Position/status			Non-Executive Director
b)	Initial notification /Amendment			Initial notification
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			Immedia Group Pc
b)	LEI			213800XSRH9SNN1EXX92
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 10p each
	Identification code			GB0033881904
b)	Nature of the transaction			Subscription for shares
c)	Price(s) and volume(s)
				Price(s)	Volume(s)
				£0.25	700,000 200,000 700,000	In his own name Dewscope Ltd Mrs Dorothy Jean Horrocks
d)	Aggregated information
	- Aggregated volume			1,600,000
	- Price			£0.25
e)	Date of the transaction			1 February 2021
f)	Place of the transaction			Outside of a trading venue

For further information please contact:
Immedia Group Plc Tim Hipperson, Non-executive Chairman Ross Penney, Chief Executive	Tel: [phone]
SPARK Advisory Partners Limited (Nomad) Mark Brady Neil Baldwin	Tel: [phone]
SP Angel Corporate Finance LLP (Broker) Abigail Wayne	Tel: [phone]
Tooley Street Communications (IR & media relations) Fiona Tooley	Tel: [phone]

About Immedia Group Plc

Immedia Group Plc is a multi-media content and digital solutions provider to global businesses delivering audio visual communication services for brands.

The business provides 'live' branded channels to retail locations across the UK and Europe. Immedia's interactive audio channels deliver targeted original content via its own DreamStream-X platform with encrypted Dreamstream technology deployed in each location. Each channel is supported with powerful data analytics tools that monitor audience activity and provide data to enable Immedia to further enhance audience engagement.  

In addition, Immedia creates original audio production and video content as well as 3D animation and the supply, installation and maintenance of audio visual equipment.

Immedia clients include Shell, Subway, BP, Nationwide Building Society, JD Sports, Weir, BMW, IKEA, and FIFA.  

To read more about the business, visit   www.immediaplc.com   or email us on   [e-mail]

 

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