Escher Group Holdings PLC Director/PDMR Shareholding (9561I)
June 23 2017 - 2:01AM
UK Regulatory
TIDMESCH
RNS Number : 9561I
Escher Group Holdings PLC
23 June 2017
23 June 2017
Escher Group Holdings plc
Director/PDMR Shareholding
Escher Group Holdings plc (AIM: ESCH, "Escher" or "the Group"),
a world leading provider of outsourced, point of service software
to the postal industry, received notification that Liam Church,
President and Chief Executive Officer, sold 910,000 ordinary shares
in the Group ("Ordinary Share") at a price of 185 pence per
Ordinary Share and that Fionnuala Higgins, Chief Commercial
Officer, sold 910,000 Ordinary Shares at a price of 185 pence per
Ordinary Share, earlier today.
Following the sale, Liam Church has a beneficial interest of
895,160 Ordinary Shares representing 4.77% of the Group's issued
share capital.
Following the sale, Fionnuala Higgins has a beneficial interest
of 895,160 Ordinary Shares representing 4.77% of the Group's issued
share capital.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
Details of the person discharging managerial
1 responsibilities / person closely associated
----- ---------------------------------------------------------
a) Names Liam Church
----- ------------------------- ------------------------------
2 Reason for the notification
----- ---------------------------------------------------------
a) Position/status President and Chief Executive
Officer
----- ------------------------- ------------------------------
b) Initial notification Initial Notification
/Amendment
----- ------------------------- ------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
----- ---------------------------------------------------------
a) Name Escher Group Holdings plc
----- ------------------------- ------------------------------
b) LEI N/A
----- ------------------------- ------------------------------
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 EUR0.005
the financial
instrument, type
of instrument
----- ------------------------- ------------------------------
b) Identification IE00B6SKRB38
code
----- ------------------------- ------------------------------
c) Nature of the Sale of shares
transaction
----- ------------------------- ------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
185p 910,000
--------- ----------
----- ------------------------- ------------------------------
d) Aggregated information
- Aggregated
volume 910,000
- Price 185p
------------------------------- ------------------------------
e) Date of the transaction 22 June 2017
----- ------------------------- ------------------------------
f) Place of the London Stock Exchange
transaction
----- ------------------------- ------------------------------
Details of the person discharging managerial
1 responsibilities / person closely associated
----- -------------------------------------------------------
a) Names Fionnuala Higgins
----- ------------------------- ----------------------------
2 Reason for the notification
----- -------------------------------------------------------
a) Position/status Chief Commercial Officer
----- ------------------------- ----------------------------
b) Initial notification Initial Notification
/Amendment
----- ------------------------- ----------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
----- -------------------------------------------------------
a) Name Escher Group Holdings plc
----- ------------------------- ----------------------------
b) LEI N/A
----- ------------------------- ----------------------------
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 EUR0.005
the financial
instrument, type
of instrument
----- ------------------------- ----------------------------
b) Identification IE00B6SKRB38
code
----- ------------------------- ----------------------------
c) Nature of the Sale of shares
transaction
----- ------------------------- ----------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
185p 910,000
--------- ----------
----- ------------------------- ----------------------------
d) Aggregated information
- Aggregated
volume 910,000
- Price 185p
------------------------------- ----------------------------
e) Date of the transaction 22 June 2017
----- ------------------------- ----------------------------
f) Place of the London Stock Exchange
transaction
----- ------------------------- ----------------------------
Enquiries:
Escher www.eschergroupholdings.com +353 (0)1 254 5400
Liam Church, Chief Executive
Officer
Clem Garvey, Chief Financial
Officer
+44 (0)20 7886
Panmure Gordon 2500
Andrew Godber/Alina Vaskina,
Corporate Finance
Erik Anderson, Corporate Broking
+44 (0)20 7457
Instinctif Partners 2020
Adrian Duffield/Chris Birt
About Escher
Escher is a world leading provider of outsourced
point-of-service software for use in the worldwide postal, retail
and government sectors. Its core software, Riposte(R) , a Digital
Transaction Platform enables its customers to expand their
offerings, providing new services, reducing costs and increasing
efficiency
The Riposte(R) Platform securely extends the retail branch
network. Escher's technology creates new revenue opportunities, it
streamlines operations and its flexibility allows it to be deployed
across multiple platforms and devices, giving the ultimate freedom
of choice when it comes to channel and hardware selection.
Escher's focus is to ensure the success of its customers by
delivering the very best in innovative technology for their
business.
This information is provided by RNS
The company news service from the London Stock Exchange
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