WANdisco Plc

Director Shareholding

RNS Number : 4475S
WANdisco Plc
15 November 2021

15 November 2021

WANdisco plc


("WANdisco" or the "Company")


Director Shareholding



WANdisco (LSE: WAND), the LiveData company , announces that further to the announcement of 11 November ("First Announcement") David Richards, Chairman and CEO of the Company, has today transferred the 350,000 ordinary shares to Equities First Holdings ("EFH") (the "Transferred Shares") referenced in the First Announcement, for a consideration (" Transfer Amount") which is based upon the average of the last sale price of the ordinary shares as reported on Bloomberg over the last three trading days being 320 pence per ordinary share.


Mr. Richards is required to repurchase the Transferred Shares in three years at the same Transfer Amount.




Details of the person discharging managerial responsibilities/person closely associated



David Richards


Reason for the notification



Chief Executive Officer  and Chairman


Initial notification/Amendment

Initial notification


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor



WANdisco plc





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


Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 10p each


  ISIN: JE00B6Y3DV84


Nature of the transaction

Transfer of shares


Price(s) and volume(s)



Consideration calculated/Based on 320p (average price over last 3 trading days)




Aggregated information


Aggregated volume




Aggregated total



Not applicable single transaction


Date of the transaction

15 November 2021


Place of the transaction

Outside of a trading venue




For further information, please contact:


WANdisco plc

via FTI Consulting

David Richards, Chief Executive Officer and Chairman

Erik Miller, Chief Financial Officer

Daud Khan, VP Corporate Development

FTI Consulting

+44 (0)20 3727 1137

Matt Dixon / Kwaku Aning / Tom Blundell

Stifel (Nomad and Joint Broker)

+44 (0)20 7710 7600

Fred Walsh / Richard Short

Panmure Gordon (Joint Broker)

Erik Anderson / Alina Vaskina

+44 (0)20 7886 2500



About WANdisco


WANdisco is the LiveData company. WANdisco solutions enable enterprises to create an environment where data is always available, accurate and protected, creating a strong backbone for their IT infrastructure and a bedrock for running consistent, accurate machine learning applications. With zero downtime and zero data loss, WANdisco's products keep geographically dispersed data at any scale consistent between on-premises and cloud environments allowing businesses to operate seamlessly in a hybrid or multi-cloud environment. WANdisco has over a hundred customers and significant go-to-market partnerships with Microsoft Azure, Amazon Web Services, Google Cloud, Oracle, and others as well as OEM relationships with IBM and Alibaba. For more information on WANdisco, visit http://www.wandisco.com .



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