IDOX PLC Directors' Dealings & Holdings in Company (3797V)
December 02 2019 - 9:45AM
UK Regulatory
TIDMIDOX
RNS Number : 3797V
IDOX PLC
02 December 2019
Idox Plc
Directors' Dealings & Holdings in Company
Idox plc (LSE:IDOX, "Company" or "Idox") received notification
on 02 December 2019 from Kestrel Partners LLP ("Kestrel") that on
29 November 2019 it acquired, on behalf of its discretionary
clients, 200,000 ordinary shares of 1p each ("Shares") in the
Company at a price of GBP0.3515 per share. The notification also
included the matters set out below.
Mr Scott, a non-executive director of Idox, is a partner of, and
holds a beneficial interest in Kestrel. Mr Scott is also a
shareholder in one of Kestrel's clients ("Kestrel Opportunities")
and is therefore deemed to have a beneficial interest in Kestrel
Opportunities' entire legal holding in Idox.
Following this transaction, Kestrel Opportunities holds (and
consequently Mr Scott is deemed to have a beneficial interest in)
33,537,916 Shares in the Company, and other clients of Kestrel, in
which Mr Scott has no beneficial interest hold 11,559,362 Shares in
the Company.
On a combined basis, Kestrel indirectly holds voting rights over
45,097,278 Shares in the Company, which represents 10.18% per cent
of the Company's issued share capital.
Kestrel's interest in the Shares in the Company is held through
the following nominees:
Holding Nominee No. of shares % of issued share
type capital
Bank of New York Nominees
Indirect Ltd 33,537,916 7.57%
Indirect JIM Nominees Limited 2,421,001 0.55%
Bank of New York Nominees
Indirect Ltd 8,921,616 2.01%
Bank of New York Nominees
Indirect Ltd 225,745 0.05%
For further information contact:
Idox plc +44 (0) 870 333 7101
Chris Stone, Non-Executive Chairman
David Meaden, Chief Executive
Rob Grubb, Chief Financial Officer
N+1 Singer (NOMAD and Broker) +44 (0) 20 7496 3000
Shaun Dobson / Jen Boorer (Corporate Finance)
Tom Salvesen (Corporate Broking)
ANNEX
Template for notification and public disclosure of transactions
by persons discharging managerial responsibilities and persons
closely associated with them
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Kestrel Partners LLP ('Kestrel')
----------------------- -------------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status PCA - Oliver Rupert Andrew Scott (non-executive
director of Idox plc and Partner in Kestrel)
----------------------- -------------------------------------------------
b) Initial notification Initial
/Amendment
----------------------- -------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name IDOX Plc
----------------------- -------------------------------------------------
b) LEI 213800Z3FE6PWVSUGE70
----------------------- -------------------------------------------------
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 1p Ordinary Shares
of the financial
instrument,
type of instrument
ISIN: GB0002998192
Identification
code
----------------------- -------------------------------------------------
b) Nature of the Transfer for a client account managed by Kestrel
transaction to client account held at separate broker.
No change of beneficial ownership.
----------------------- -------------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) GBP 0.3515 200,000 Shares
---------------
----------------------- -------------------------------------------------
d) Aggregated information
Bought 200,000 Shares in total at GBP0.3515
per share
- Aggregated
volume
- Price
----------------------- -------------------------------------------------
e) Date of the 2019-11-29
transaction
----------------------- -------------------------------------------------
f) Place of the London Stock Exchange
transaction
----------------------- -------------------------------------------------
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London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
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END
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