Adgorithms Limited PDMR Shareholdings (9883B)

TIDMADGO

RNS Number : 9883B

Adgorithms Limited

10 April 2017

ADGORITHMS LTD

("Adgorithms" or the "Company")

PDMR Shareholdings

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                               Simon Gordon 
----  ---------------------------------  ---------------------------------------- 
 2.    Reason for the Notification 
----  --------------------------------------------------------------------------- 
 a)    Position/status                    Husband of Lisa Gordon (non-executive 
                                           Director) 
----  ---------------------------------  ---------------------------------------- 
 b)    Initial notification/              Initial notification 
        Amendment 
----  ---------------------------------  ---------------------------------------- 
 3.    Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or 
        auction monitor 
----  --------------------------------------------------------------------------- 
 a)    Name                               Adgorithms Ltd 
----  ---------------------------------  ---------------------------------------- 
 b)    LEI                                213800LPLWG1FNNMRJ97 
----  ---------------------------------  ---------------------------------------- 
 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                     Ordinary shares of 0.01 NIS each 
        the Financial 
        instrument, type 
        of instrument 
---- 
       Identification                     IL0011354904 
        code 
----  ---------------------------------  ---------------------------------------- 
 b)    Nature of the                      Purchase of ordinary shares 
        transaction 
----  ---------------------------------  ---------------------------------------- 
 c)    Price(s) and volume(s)             Price             Volume 
----  ---------------------------------  ----------------  ---------------------- 
                                          23p               15,000 
                                           25p               30,000 
                                           29p               60,000 
 --------------------------------------  ----------------  ---------------------- 
 d)    Aggregated information: 
         *    Aggregated volume             105,000 shares 
                                            Various - please see 4c.) above 
 
         *    Price 
----  ---------------------------------  ---------------------------------------- 
 e)    Date of the transaction            15,000 shares were purchased 
                                           at 23p per share on 5 April; 
                                           30,000 shares were purchased 
                                           at 25p per share on 6 April; 
                                           and 60,000 shares were purchased 
                                           at 29p per share on 7 April 
----  ---------------------------------  ---------------------------------------- 
 f)    Place of the transaction           London Stock Exchange, AIM Market 
                                           (XLON) 
----  ---------------------------------  ----------------------------------------

Following this transaction, Simon Gordon is beneficially interested in 105,000 ordinary shares, representing approximately 0.0017 per cent. of the Company's issued share capital.

 
 Adgorithms                   Tel: +972 3537 7137 
 Or Shani, Chief Executive 
  Officer 
 www.adgorithms.com 
 
 Liberum (NOMAD and Broker)   Tel: +44 20 3100 2000 
 Neil Patel / Chris Clarke 
 
 Bell Pottinger               Tel: +44 20 3772 2556 
 Elly Williamson / Joanna     adgorithms@bellpottinger.com 
  Davidson

This information is provided by RNS

The company news service from the London Stock Exchange

END

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