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Blancco Tech Grp PLC (BLTG)

  Print          Annual reports

Wednesday 15 December, 2021

Blancco Tech Grp PLC

Directors' Dealing

RNS Number : 7956V
Blancco Technology Group PLC
15 December 2021
 

BLANCCO TECHNOLOGY GROUP PLC

(the "Company")

Directors' Dealing

 

The Company announces that, following the vesting of a conditional share award under the Company's performance share plan (as notified to the market on 8 December 2021) Matt Jones, Chief Executive Officer, today sold 203,725 Ordinary Shares to cover his tax liability in relation to the award.  The Ordinary Shares were sold at a price of 243.5 pence per share.  Matt now holds 362,962 Ordinary Shares in the Company, representing 0.48% of the issued share capital.

 

The Company also  announces that, following vesting of an award under the Company's performance share plan and a subsequent exercise of nil cost options (as notified to the market on 8 December 2021) Adam Moloney, Chief Financial Executive Officer, today sold 151,316 Ordinary Shares to cover his tax liability in relation to the award.  The Ordinary Shares were sold at a price of 243.5 pence per share.  Adam now holds 179,316 Ordinary Shares in the Company, representing 0.24% of the issued share capital.

 

The notifications below, made in accordance with the requirements of the Market Abuse Regulation (Regulation (EU) No.596/2014) as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018, provide further detail in respect of the transactions described above. 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Matt Jones

2.

Reason for the notification

a)

Position/status:

Chief Executive Officer

b)

Initial notification/Amendment:

Initial notification

3.

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

a)

Name:

Blancco Technology Group plc

b)

LEI:

2138008487QKMQTA5428

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type oftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshavebeenconducted

a)

Description of the financial instrument, type of instrument: Identification code:

Ordinary Shares of 2p each GB00B06GNN57

b)

Nature of the transaction:

Sale

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

  243.5p

203,725

d)

Aggregated information:

· Aggregatedvolume:

· Price:

Single transaction as in 4 c) above

203,725

  243.5p

e)

Date of the transaction:

2021-12-15

f)

Place of the transaction:

London Stock Exchange, AIM Market (XLON)

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Adam Moloney

2.

Reason for the notification

a)

Position/status:

Chief Financial Officer

b)

Initial notification/Amendment:

Initial notification

3.

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

a)

Name:

Blancco Technology Group plc

b)

LEI:

2138008487QKMQTA5428

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type oftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshavebeenconducted

a)

Description of the financial instrument, type of instrument: Identification code:

Ordinary Shares of 2p each GB00B06GNN57

b)

Nature of the transaction:

Sale

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

  243.5p

151,316

d)

Aggregated information:

· Aggregatedvolume:

· Price:

Single transaction as in 4 c) above

151,316

  243.5p

e)

Date of the transaction:

2021-12-15

f)

Place of the transaction:

London Stock Exchange, AIM Market (XLON)

 

For further information:

 

Blancco Technology Group plc

 

 

Via Buchanan

Matt Jones, Chief Executive Officer

Adam Moloney, Chief Financial Officer

Lorraine Young, Company Secretary

 

 


 

Peel Hunt (Nominated Advisor & Joint Broker)

+44 (0) 20 4718 8900

Edward Knight / Paul Gillam / James Smith

 

 

 

 

Investec Bank plc (Joint Broker)

 

+44 (0) 20 7597 5970

Patrick Robb / Sara Hale / C ameron MacRitchie  

 

 

 

Buchanan Communications Limited

Chris Lane / Stephanie Whitmore / Jack Devoy

[email protected]

 

+44 (0) 20 7466 5000

 

 

 

 

 

About Blancco

Blancco Technology Group plc is a leading global provider of mobile lifecycle solutions and secure data erasure solutions.  For more information, please visit  www.blancco.com .

 

 

 

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