GetBusy PLC Share Capital Reorganisation and PDMR Dealing (5327X)
December 19 2019 - 9:07AM
UK Regulatory
TIDMGETB
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) investors@getbusy.com
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 GBP6,480
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 rns@lseg.com or visit www.rns.com.
END
MSCBSBDDSGBBGCC
(END) Dow Jones Newswires
December 19, 2019 09:07 ET (14:07 GMT)
Getbusy (LSE:GETB)
Historical Stock Chart
From May 2024 to Jun 2024
Getbusy (LSE:GETB)
Historical Stock Chart
From Jun 2023 to Jun 2024
