Secondary sale of existing shares and PDMR dealing

RNS Number : 3011I

Panoply Holdings PLC (The)

10 December 2020

 

10 December 2020

The Panoply Holdings PLC

(the "Company" or "The Panoply")

Successful secondary sale of existing shares

and

PDMR dealing

The Panoply announces that it has been notified by certain employees of and consultants to the Company, as well as certain other sellers of companies that have been acquired by The Panoply that, following the announcement earlier today, they have successfully placed 2,761,849 ordinary shares of £0.01 each in the Company ("Sale Shares") at a price of 170 pence per Sale Share (the "Sale").

The Sale Shares represent approximately 4.0% of the Company's issued share capital.

The Company was not a party to the Sale and will not receive any proceeds from the Sale.

No Directors/PDMRs sold shares in the Sale but Rachel Neaman, PDMR and Non-Executive Director, acquired 1,765 ordinary shares at a price of 170 pence per share.

Stifel and Dowgate acted as joint brokers in connection with the Sale.

End

Enquiries:

The Panoply Holdings Neal Gandhi (CEO) Oliver Rigby (CFO) Stifel Nicolaus Europe Limited (Nomad and Joint Broker) Fred Walsh Alex Price Luisa Orsini Baroni	Via Alma PR [phone]
Dowgate Capital Limited (Joint Broker) James Serjeant David Poutney	[phone]
Alma PR (Financial PR) Susie Hudson Josh Royston Harriet Jackson	[e-mail] [phone]

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: Rachel Neaman
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: The Panoply Holdings plc
b)	LEI: 2138004S9O18Q6F9MS74
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 £0.01 each. Identification code: ISIN:  GB00BGGK0V60
b)	Nature of the transaction: Acquisition of shares
c)	Price(s) and volume(s): Price(s) Volume(s) 170 p 1,765
d)	Aggregated information: ·   Aggregated volume: 1,765 ·   Price: £3,000
e)	Date of the transaction:  10 December 2020
f)	Place of the transaction: AIM

 

END

 

 

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