Director Dealing, Exercise of Options and TVR

RNS Number : 6023H

Access Intelligence PLC

01 August 2019

 

ACCESS INTELLIGENCE PLC

("Access Intelligence", the "Company" or the "Group")

 

Director Dealing, Exercise of Options and

Total Voting Rights

 

Access Intelligence Plc (AIM: ACC), a leading supplier of Software-as-a-Service (SaaS) solutions for communications and reputation management, was informed on 1 August 2019 that on that date Michael Jackson, Non-Executive Director of the Company, sold 1,350,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares") at a price of 47.5 pence per Ordinary Share for personal financial reasons.

Following the above transaction, Mr Jackson holds 2,175,280 Ordinary Shares, representing 3.55% of the voting rights of the Company. Michael Jackson has confirmed to the Board that he will not sell any further shares for a period of twelve months save for 200,000 shares that he intends to sell to a relative on condition that this relative will give a similar undertaking to the board for the balance of the 12 months.

In addition, Jeremy Hamer, Non-Executive Director of the Company, exercised share options over 150,000 new Ordinary Shares at an exercise price of 43.75 pence per share on 1 August 2019. Concurrent with the exercise, Mr Hamer sold 150,000 Ordinary Shares at a price of 47.5 pence per share.

Following the above transaction, Mr Hamer holds 675,176 Ordinary Shares, representing 1.10% of the voting rights of the Company following Admission. He also holds options over a total of 50,000 Ordinary Shares.

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for 150,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence on or around 7 August 2019.

The Company advises that, following Admission, the Company's issued share capital will be 64,222,754 Ordinary Shares all with voting rights. The Company holds 2,966,666 Ordinary Shares in treasury and therefore the figure of 61,256,088 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

For further information:

Access Intelligence plc                                                                                   020 3426 4070

Joanna Arnold (CEO) / Mark Fautley (CFO)                                                                              

finnCap Limited (Nominated Adviser and Broker)                                             020 7220 0500

Marc Milmo / Kate Bannatyne / Matthew Radley                                                            

Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the publication of this announcement, this information is now considered to be in the public domain.

1	Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
a)	Name	Michael Jackson
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	Access Intelligence plc
b)	LEI	213800PPZ4ZM8OMHGT41
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 5 pence each ("Ordinary Shares")
	Identification code	GB00BGQVB052
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 47.5p 1,350,000
d)	Aggregated information: ·      Aggregated volume ·      Price	As in 4c above
e)	Date of the transaction	1 August 2019
f)	Place of the transaction	London Stock Exchange AIM market (XLON)

1	Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
a)	Name	Jeremy Hamer
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	Access Intelligence plc
b)	LEI	213800PPZ4ZM8OMHGT41
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 5 pence each ("Ordinary Shares")
	Identification code	GB00BGQVB052
b)	Nature of the transaction	Exercise of options over Ordinary Shares and subsequent sale
c)	Price(s) and volume(s)	Price(s) Volume(s) Exercise of Options: 43.75 pence 150,000 Sale of Ordinary Shares 47.5p 150,000
d)	Aggregated information: ·      Aggregated volume ·      Price	See 4c) above
e)	Date of the transaction	1 August 2019
f)	Place of the transaction	London Stock Exchange AIM market (XLON)

 

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