Director/PDMR Shareholding

RNS Number : 2509Z

Xpediator PLC

16 May 2019

 

16 May 2019

XPEDIATOR PLC

("Xpediator" or the "Company" or the "Group")

Exercise of options

Xpediator, (AIM: XPD), a leading provider of freight management services across the UK and Europe, announces that Geoff Gillo (non-executive director of the Company) and Alex Borrelli, (non-executive chairman of the Company), exercised options over a total of 625,000 ordinary shares of 5 pence each in the Company ("New Shares") at an exercise price of 24 pence per share. 

Following these exercises, Mr. Gillo holds 208,333 Ordinary Shares which represents 0.15 per cent. of the total issued share capital and Mr. Borrelli holds 436,667 Ordinary Shares which represents 0.32 per cent. of the total issued share capital.

Application has been made for the New Shares, which will rank pari passu with the existing ordinary shares, to be admitted to trading on the AIM market of the London Stock Exchange ("Admission"). It is expected that Admission will occur at 8:00am on or around 22 May 2019.

Total Voting Rights

On Admission, the total issued share capital of the Company will comprise 135,994,480 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 135,994,480 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Enquiries

Xpediator plc	Tel: [phone]
Stephen Blyth, Chief Executive Officer	Email: [e-mail]
Stuart Howard, Chief Financial Officer
SP Angel Corporate Finance LLP (Nominated Advisor & Joint Broker)	Tel: [phone]
Jeff Keating
Caroline Rowe
Cantor Fitzgerald Europe (Joint Broker)	Tel: [phone]
David Foreman, Michael Boot (Corporate Finance)
Caspar Shand Kydd (Sales)
Novella Communications (Financial Public Relations)	Tel: [phone]
Tim Robertson
Fergus Young

About Xpediator:

Xpediator is a well-established international provider of freight management services. Established in 1988 by CEO Stephen Blyth today the Group's International network of offices provides road, sea and air freight services, together with logistics and warehousing in the UK and Romania. The business offers integrated freight management within the supply chain logistics and fulfilment sector, through their three main areas: freight forwarding, logistics & warehousing and transport services. With headquarters in Braintree, Essex and country offices in nine CEE countries across 38 sites, the Group currently employs 938 people and was successfully listed on London's AIM market in August 2017.

For more information, please visit: www.xpediator.com.

Alternatively, do follow us on Twitter at @Xpediator or find us on LinkedIn at Xpediator Plc.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1   1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	A: Geoff Gillo B: Alex Borrelli
1.2   2.	Reason for the notification
a)	Position/status:	A: non-executive director B: non-executive chairman
b)	Initial notification/Amendment:	Initial notification
1.3   3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:	Xpediator Plc
b)	LEI:	213800XBOVDBT2HEC967
1.4   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: Identification code:	Ordinary shares of 5p each  GB00BF6P5V92
b)	Nature of the transaction:	Exercise of options
c)	Price(s) and volume(s):	A: Geoff Gillo Exercise of options Price(s) Volume(s) 24 pence 208,333 B: Alex Borrelli Exercise of options Price(s) Volume(s) 24 pence 416,667
d)	Aggregated information: Aggregated volume: Price:	See above
e)	Date of the transaction:	14 May 2019
f)	Place of the transaction:	Outside of a trading venue

 

END

 

 

DSHEAPSKFAXNEEF