TIDMLOOP

RNS Number : 8688Y

LoopUp Group PLC

24 August 2018

LOOPUP GROUP PLC

Holding(s) in the Group

LoopUp Group plc (LSE AIM: LOOP), the premium remote meetings company, today received notification that on 24 August 2018 Andrew Scott has sold 1,800,000 ordinary shares at 442.5 pence per share.

Following the Sale, Mr. Scott has a beneficial interest of 7,288,919 Ordinary Shares representing 13.3% of the company's issued share capital. These Ordinary Shares will remain subject to the same orderly market arrangements undertaken on Admission.

Mr. Scott's beneficial holding includes 1,288,919 Ordinary Shares registered in the name of Mr. Scott and his spouse, Rhonda Scott (representing 2.3% of the issued share capital) and 6,000,000 Ordinary Shares registered in the name of the SFT Capital Ltd (representing 10.9% of the issued share capital).

For further information:

 
 LoopUp Group PLC                                   via FTI Consulting, 
                                                     LLP 
 Steve Flavell, Co-CEO 
 
                                                    +44 (0) 20 7886 
 Panmure Gordon (UK) Limited                         2500 
 Dominic Morley / Alina Vaskina (Corporate 
  Finance) 
 Erik Anderson (Corporate Broking) 
 
 Numis Securities Limited 
                                                    +44 (0) 20 7260 
 Simon Willis / Jonny Abbott (Corporate Finance)     1000 
 Tom Ballard (Corporate Broking) 
 
                                                    +44 (0) 20 3727 
 FTI Consulting, LLP                                 1000 
 Matt Dixon / Harry Staight / Jamille Smith 
 

About LoopUp Group plc

LoopUp (LSE AIM: LOOP) is a premium remote meetings solution. Streamlined and intuitive, LoopUp is built for business users and delivers the quality, security and reliability required in the enterprise. One-click screen sharing and integration with tools business people use every day, like Outlook(TM), make it easy for LoopUp users to collaborate in real time. LoopUp's award-winning SaaS solution doesn't overwhelm users with features, and doesn't require training. Over 2,000 enterprises worldwide, including Travelex, Kia Motors America, Planet Hollywood, National Geographic, and Subaru trust LoopUp with their remote meetings.

The Group is headquartered in London, with offices in San Francisco, New York, Boston, Hong Kong, Barbados and Australia, and is listed on the AIM market of the London Stock Exchange (LOOP). For further information, please visit: www.loopup.com.

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.

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August 24, 2018 10:40 ET (14:40 GMT)

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