TIDMLOOP
RNS Number : 8299W
LoopUp Group PLC
22 August 2022
22 August 2022
LoopUp Group plc
("LoopUp" or the "Group")
PDMR Dealings and Total Voting Rights
LoopUp Group plc (AIM: LOOP), the cloud platform for premium
hybrid communications, announces that a total of 2,606,776 shares
("New Ordinary Shares") have been allotted to participants pursuant
to share option exercises and the Employee Stock Purchase Plan (the
"ESPP"), whereby employees may elect to sacrifice up to 25 percent
of their salary in return for the allotment of New Ordinary Shares
.
The participation of employees in the ESPP remains strong after
its launch in July 2021 reflecting the continued enthusiasm of
employees to own shares in LoopUp. The Directors believe this is an
effective way to reward and retain employees whilst ensuring they
are aligned to the success of the Company.
PDMR Dealings
The following PDMRs elected to participate in the ESPP in April
2022 and their holdings have increased in accordance with the Rules
of the ESPP as follows:
Shares held
as a % of
Additional Net total
Shares held shares Shares sold additional Shares held issued
before initially to cover tax shares after share
Name Title dealing issued liability issued dealing capital
Michael
Hughes co-CEO 3,332,192 275,405 88,796 186,609 3,518,801 3.32%
EVP, Network
Dave Carroll Operations 183,179 179,925 78,406 101,519 284,698 0.27%
Jana Rhyu SVP Product 157,892 177,046 44,953 132,093 289,985 0.27%
General
Edward Cooper Counsel 76,065 71,970 31,362 40,608 116,673 0.11%
Total Voting Rights
As a result of this issue, the total number of ordinary shares
in issue now stands at 106,135,262 shares and the total number of
voting rights in the Company is therefore 106,135,262. No ordinary
shares are held in treasury.
The above figure of 106,135,262 may be used by shareholders as
the denominator for the calculation by which they may determine if
they are required to notify their interest in, or change to their
interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.
The FCA notification, made in accordance with the UK version of
the requirements of the EU Market Abuse Regulation (as part of UK
law by virtue of the European Union (Withdrawal) Act 2018) is
appended below.
For further information, please contact:
LoopUp Group plc via FTI
Steve Flavell, co-CEO
+44 (0) 20 7886
Panmure Gordon (UK) Limited 2500
Dominic Morley / Alina Vaskina (Corporate
Finance)
Erik Anderson (Corporate Broking)
+44 (0) 20 7397
Cenkos Securities Limited 8900
Giles Balleny / Dan Hodkinson (Corporate Finance)
Alex Pollen / Dale Bellis (Sales)
+44 (0) 20 3727
FTI Consulting, LLP 1000
Matt Dixon / Jamille Smith / Tom Blundell
About LoopUp Group plc
LoopUp (LSE AIM: LOOP) is a cloud platform for premium hybrid
communications. The Group's flagship Cloud Telephony solution
(www.loopup,com) enables multinational enterprises to consolidate
their global telecommunications into a single, consistently managed
cloud implementation rather than disparate implementations from
multiple carriers. The Group's hybrid auditorium and events
solution, Hybridium (www.hybridium.com), brings unrivaled
engagement and analytics to larger scale hybrid education, training
and events such as management onsites, departmental kick-offs,
capital markets days and thought leadership seminars.
The Group is listed on the AIM market of the London Stock
Exchange (LOOP) and is headquartered in London, with offices in the
US, Spain, Germany, Hong Kong, Barbados and Australia.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Names 1. Michael Hughes
2. Dave Carroll
3. Jana Rhyu
4. Edward Cooper
-------------------------- ----------------------------------------------
Reason for the notification
2
--------------------------------------------------------------------------
a) Position/status Classified as PDMRs of the Company
-------------------------- ----------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- ----------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name LoopUp Group plc
-------------------------- ----------------------------------------------
b) LEI 21380063DQ4WXDQLYB80
-------------------------- ----------------------------------------------
Details of the transaction(s): section to be repeated for
4 (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 the Ordinary shares of 0.5p
financial instrument,
type of instrument
-------------------------- ----------------------------------------------
b) Identification code GB00BYQP6S60
-------------------------- ----------------------------------------------
c) Nature of the transaction Allotment and part sale pursuant to a
group Share Option Scheme and Employee
Share Purchase Plan
-------------------------- ----------------------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
Allotment Sale to cover
tax
---------- --------------
1. 6.81p 275,405 88,796
------ ---------- --------------
2. 6.81p 179,925 78,406
------ ---------- --------------
3. 6.81p 177,046 44,953
------ ---------- --------------
4. 6.81p 71,970 31,362
------ ---------- --------------
-------------------------- ----------------------------------------------
d) Aggregated information 704,346 shares allotted of which 243,517
- Aggregated volume have been sold to cover tax liabilities
- Price at a price of 6.81p per share.
-------------------------- ----------------------------------------------
e) Date of the transaction 19 August 2022
-------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange
-------------------------- ----------------------------------------------
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END
DSHSEIFMEEESEFA
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August 22, 2022 12:16 ET (16:16 GMT)
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