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GetBusy PLC (GETB)

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Thursday 19 December, 2019

GetBusy PLC

Share Capital Reorganisation and PDMR Dealing

RNS Number : 5327X
GetBusy PLC
19 December 2019
 

19 December 2019

GetBusy plc

Share Capital Reorganisation and Director/PDMR Shareholding

 

GetBusy plc ("GetBusy" or the "Company"), today makes the following announcement in connection with the proposed Share Capital Reorganisation of the existing ordinary share capital of the Company announced on 18 December 2019 (the "Announcement").

 

As notified in the Announcement, so as to ensure, for the purposes of the Share Capital Reorganisation, that the Company's issued share capital is exactly divisible by 5,000, the Company needed to issue 386 Shares to Paul Haworth, the Company's Chief Financial Officer and Company Secretary.

 

The Company today announces that Paul Haworth has today subscribed for and been issued, conditional upon admission to trading on AIM, 386 Shares of 0.15 pence each in the capital of the Company (the "Reorganisation Shares"), at a subscription price of 48 pence per share (being the mid-market closing price of the Company's Shares on 17 December 2019 (being the last practicable date prior to the subscription for such Shares)).

 

Application has been made for the Reorganisation Shares to be admitted to trading on AIM. It is expected that Admission will become effective and that dealings in the Reorganisation Shares will commence at 8:00 a.m. on 27 December 2019 (the "Reorganisation Share Admission").

 

In addition to the Reorganisation Shares subscribed for by Paul Haworth, the Company received notification that, on 19 December 2019, Paul Haworth has made a market purchase of 13,114 Shares in the Company, at an average price of 48 pence per Share.

 

Following the Reorganisation Share Admission and market purchase described above, Paul Haworth shall have a total beneficial interest in 70,000 Shares in the Company, representing 0.1 per cent of the Company's total voting rights.

Following the Reorganisation Share Admission, the Company shall have 48,400,000 Ordinary Shares in issue, all with voting rights. The Company holds no Ordinary Shares in treasury. The figure of 48,400,000 Ordinary Shares may, following the Reorganisation Admission, be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the FCA's Disclosure and Transparency Rules.

Capitalised terms used in this announcement shall have the meaning given in the Announcement, unless otherwise defined.

Enquiries

GetBusy plc


Daniel Rabie (Chief Executive Officer)

[email protected]

Paul Haworth (Chief Financial Officer)




Liberum (Nomad and Broker)


Bidhi Bhoma / Cameron Duncan / Louis Davies

+44 (0)20 3100 2000

 



 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Paul Haworth

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Financial Officer

b)

 

Initial notification /Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

GetBusy plc

b)

 

LEI

 

 

213800LAMARZB9AQJ376

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 0.15 pence



Identification code

ISIN: GB00BYP36B44



b)

 

Nature of the transaction

 

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




48p

386




48p

13,114







d)

 

Aggregated information




- Aggregated volume

13,500



- Price

£6,480



e)

 

Date of the transaction

 

 

19 December 2019

f)

 

Place of the transaction

 

 

Subscription: Off market

Market purchase: London Stock Exchange

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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