TIDMLOOP
RNS Number : 4497M
LoopUp Group PLC
11 January 2023
11 January 2023
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 5,260,636 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 per cent
of their salary in return for the allotment of New Ordinary Shares
.
The participation of employees in the ESPP remains strong since
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 July
2022 and their holdings have increased in accordance with the Rules
of the ESPP as follows:
Shares held
Net as a % of
Additional Shares sold additional total
Shares held shares (primarily to shares Shares held issued
before initially cover tax issued (or after share
Name Title dealing issued liability) sold) dealing capital
Michael
Hughes co-CEO 3,518,801 454,868 146,658 308, 210 3,827,011 2.11%
Steve Flavell co-CEO 2,771,602 455,660 198,562 257,098 3,028,700 1.67%
Simon
Sacerdoti CFO - 213,962 199,172 14,790 14,790 0.01%
Marcus
Greensit COO 101,856 71,320 31,079 40,241 142,097 0.08%
Victor
Sanchez CTO 481,221 81,226 24,838 56,388 537,609 0.30%
EVP, Network
Dave Carroll Operations 284,698 493,633 215,109 278,524 563,222 0.31%
Jana Rhyu SVP Product 289,985 292,415 424,508 (132,093) 157,892 0.09%
General
Edward Cooper Counsel 116,673 118,868 104,077 14,791 131,464 0.07%
Total Voting Rights
As a result of this issue, the total number of ordinary shares
in issue now stands at 181,375,898 shares and the total number of
voting rights in the Company is therefore 181,375,898. No ordinary
shares are held in treasury.
The above figure of 181,375,898 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. Steve Flavell
3. Simon Sacerdoti
4. Marcus Greensit
5. Victor Sanchez
6. Dave Carroll
7. Jana Rhyu
8. 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
---------- --------
1. 3.7p 454,868 146,658
----- ---------- --------
2. 3.7p 455,660 198,562
----- ---------- --------
3. 3.7p 213,962 199,172
----- ---------- --------
4. 3.7p 71,320 31,079
----- ---------- --------
5. 3.7p 81,226 24,838
----- ---------- --------
6. 3.7p 493,633 215,109
----- ---------- --------
7. 3.7p 292,415 424,508
----- ---------- --------
8. 3.7p 118,868 104,077
----- ---------- --------
-------------------------- ---------------------------------------------
d) Aggregated information 2,181,952 shares allotted of which 1,344,003
- Aggregated volume have been sold primarily to cover tax
- Price liabilities at a price of 3.7p per share.
-------------------------- ---------------------------------------------
e) Date of the transaction 10 January 2023
-------------------------- ---------------------------------------------
f) Place of the transaction London Stock Exchange
-------------------------- ---------------------------------------------
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END
MSCSFMFWFEDSEEF
(END) Dow Jones Newswires
January 11, 2023 12:27 ET (17:27 GMT)
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