TIDMLOOP
RNS Number : 9484E
LoopUp Group PLC
04 July 2023
4 July 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 6,756,121 shares
("New Ordinary Shares") have been allotted to participants pursuant
to 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
January 2023 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 4,118,738 974,236 426,799 547,437 4,666,175 2.41%
Simon
Sacerdoti CFO 14,790 506,711 506,711 - 14,790 0.01%
Marcus
Greensit COO 194,028 202,684 88,323 114,361 308,389 0.16%
Jana Rhyu SVP Product 157,892 626,294 626,294 - 157,892 0.08%
General
Edward Cooper Counsel 229,556 337,807 147,200 190,607 420,163 0.22%
Total Voting Rights
As a result of this issue, the total number of ordinary shares
in issue now stands at 193,701,943 shares and the total number of
voting rights in the Company is therefore 193,701,943. No ordinary
shares are held in treasury.
The above figure of 193,701,943 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 / Ivo Macdonald (Corporate
Finance)
+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 for
Microsoft Teams enables multinational enterprises to consolidate
their global telephony provision into a single, consistently
managed cloud implementation rather than disparate implementations
from multiple carriers. The Group is listed on the AIM market of
the London Stock Exchange and is headquartered in London, with
offices in the US, Spain, Germany, Hong Kong, Barbados and
Australia. For further information, please visit:
www.loopup.com.
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. Simon Sacerdoti
3. Marcus Greensit
4. Jana Rhyu
5. 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 the
Employee Share Purchase Plan
-------------------------- ---------------------------------------------
d) Price(s) and volume(s) Volume(s) Price
Allotment Sale
---------- --------
1. 974,236 426,799 1.74p
---------- -------- ------
2. 506,711 506,711 1.74p
---------- -------- ------
3. 202,684 88,323 1.74p
---------- -------- ------
4. 626,294 626,294 1.74p
---------- -------- ------
5. 337,807 147,200 1.74p
---------- -------- ------
-------------------------- ---------------------------------------------
d) Aggregated information 2,647,732 shares allotted of which 1,795,327
- Aggregated volume have been sold primarily to cover tax
- Price liabilities at a price of 1.74 p per
share.
-------------------------- ---------------------------------------------
e) Date of the transaction 30 June 2023
-------------------------- ---------------------------------------------
f) Place of the transaction London Stock Exchange
-------------------------- ---------------------------------------------
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END
DSHFLFFVDLISIIV
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July 04, 2023 09:24 ET (13:24 GMT)
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