Holding(s) in Company

RNS Number : 2977S

LoopUp Group PLC

22 June 2018

 

LOOPUP GROUP PLC

Holding(s) in the Group

LoopUp Group plc (LSE AIM: LOOP), the premium remote meetings company, today received notification that on 21 June 2018 Andrew Scott has sold 1,000,000 ordinary shares at 450 pence per share.

Following the Sale, Mr. Scott has a beneficial interest of 9,088,919 Ordinary Shares representing 16.6% of the company'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 3,088,919 Ordinary Shares registered in the name of Mr. Scott and his spouse, Rhonda Scott (representing 5.6% of the issued share capital) and 6,000,000 Ordinary Shares registered in the name of the SFT Capital Ltd (representing 11.0% of the 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)
Numis Securities Limited
Simon Willis / Jonny Abbott (Corporate Finance)	[phone]
Tom Ballard (Corporate Broking)
FTI Consulting, LLP	[phone]
Matt Dixon / Harry Staight / Jamille Smith

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, Barbados and Australia, 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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