TIDMLTG

RNS Number : 6327A

Learning Technologies Group PLC

30 September 2015

Learning Technologies Group Plc

("LTG" or "the Company")

Directors' Dealings

Learning Technologies Group plc (AIM:LTG) announces that on 29 September 2015 Jonathan Satchell (Chief Executive) sold 3,175,000 Ordinary Shares of GBP0.00375 each in the Company at a price of 23.00 pence per share. The purpose of the sale was for a personal property renovation.

On the same day Harry Hill (Deputy Chairman) acquired 165,000 shares in the Company at a price of 23.38 pence per share.

Dale Solomon (Chief Operating Officer) exercised 240,000 options at an exercise price of 5.88 pence per share which were subsequently sold at a price of 23.00 pence per share.

Pursuant to this exercise of options, the Company anticipates 240,000 shares to be allotted on 29 September 2015.

Following the anticipated allotment of these shares, the total number of ordinary shares of GBP0.00375 each in the Company in issue will be 398,517,451 with each share carrying the right to one vote.

No shares are held in treasury. The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

Following the above transactions the beneficial interests of all Directors in the share capital of the Company are as follows:

 
 Director                          No of shares      % of Issued   No of options 
                                                   Share Capital     over shares 
--------------------------------  -------------  ---------------  -------------- 
 Andrew Brode (Chairman)            113,215,005           28.41%               - 
--------------------------------  -------------  ---------------  -------------- 
 Harry Hill (Deputy Chairman)*        1,995,000            0.50%               - 
--------------------------------  -------------  ---------------  -------------- 
 Jonathan Satchell (Chief 
  Executive)                        107,039,995           26.86%               - 
--------------------------------  -------------  ---------------  -------------- 
 Neil Elton (Group Finance 
  Director)                             160,000            0.04%       1,000,000 
--------------------------------  -------------  ---------------  -------------- 
 Piers Lea (Chief Strategy 
  Officer)*                          17,023,383            4.27%               - 
--------------------------------  -------------  ---------------  -------------- 
 Dale Solomon (Chief Operating 
  Officer)                                    -                -      21,626,012 
--------------------------------  -------------  ---------------  -------------- 
 Leslie-Ann Reed (Non-executive 
  Director)                             750,000            0.19%               - 
--------------------------------  -------------  ---------------  -------------- 
 

*Including spouse

30 September 2015

Enquiries

 
 Learning Technologies Group plc              +44 (0)1273468888 
 Jonathan Satchell, Chief Executive 
  Neil Elton, Group Finance Director 
 
 Numis Securities Limited                     +44 (0)20 7260 1000 
 Stuart Skinner/Michael Wharton (Nominated 
  Adviser) 
 James Serjeant (Corporate Broker) 
 
 Instinctif Partners                          +44 (0)20 7457 2020 
 Matthew Smallwood 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

September 30, 2015 02:03 ET (06:03 GMT)

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