Mode Global Holdings PLC Directors' Subscription to Loan Notes (5721S)
July 15 2022 - 2:00AM
UK Regulatory
TIDMMODE
RNS Number : 5721S
Mode Global Holdings PLC
15 July 2022
Mode Global Holdings PLC
(the "Company")
DIRECTORS' SUBSCRIPTION TO LOAN NOTES
Mode Global Holdings PLC (LSE: MODE ), the LSE-listed Fintech
Group, announces that further to and with reference to the
Company's announcement dated 13 July 2022 titled "Completion of
Fundraising" (" Announcement "), the Loan Notes subscribed for by
certain directors are as set out below:
Director Subscription
Rita Liu, Chief Executive Officer GBP20,000
-------------
David Shrier, Non-Executive GBP25,000
Director
-------------
Michael Robertson, Non-Executive GBP20,000
Director
-------------
TOTAL GBP65,000
-------------
The Loan Notes subscribed for by David Shrier are held by
Visionary Future LLC, an entity in which Mr. Shrier is an interest
holder.
As stated in the Announcement, investors in the Loan Notes will
also be issued with Warrants.
Press contacts:
Fiona McAra, MRM
+44 (0)7471 350286
mode@mrm-london.com
Julie Sand, Mode Global Holdings PLC
+44 (0)203 773 0588
julie.sand@modeapp.com
Notes to Editors
About Mode:
Mode is an LSE-listed fintech company on a mission to build the
world's most disruptive ecosystem where exchanging value and
growing wealth is seamless for all. Mode is leveraging the power of
Bitcoin and Open Banking to deliver on this mission and offer
customers in the UK a one-stop app to shop, earn and grow their
Bitcoin, all in one place. For businesses, Mode provides a cheaper,
safer and smarter alternative to card payments that rewards
shoppers with Bitcoin Cashback.
To learn more, visit our customer/business site at
www.modeapp.com or our investor site at www.modeplc.com.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Rita Liu
-------------------------- -------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Chief Executive Officer
-------------------------- -------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- -------------------------------------------
3 Details of the issuer, UK emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Mode Global Holdings Plc
-------------------------- -------------------------------------------
b) LEI 2138001BLO7EORII7E91
-------------------------- -------------------------------------------
4 Details of the transaction(s): section to be repeated
for (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 GBP0.01 par each
financial instrument, in the capital of the Company
type of instrument GB00BKX8NT01
Identification code
-------------------------- -------------------------------------------
b) Nature of the transaction Subscription of GBP20,000 of loan notes
convertible into ordinary shares of
GBP0.01 par each in the capital of
the Company
-------------------------- -------------------------------------------
c) Price(s) and volume(s) N/A
-------------------------- -------------------------------------------
d) Aggregated information
- Aggregated volume N/A
- Price
-------------------------- -------------------------------------------
e) Date of the transaction 13 July 2022
-------------------------- -------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- -------------------------------------------
4 Details of the transaction(s): section to be repeated
for (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 GBP0.01 par each
financial instrument, in the capital of the Company
type of instrument GB00BKX8NT01
Identification code
-------------------------- -------------------------------------------
b) Nature of the transaction Grant of warrants with rights to subscribe
for ordinary shares of GBP0.01 par
each in the capital of the Company
-------------------------- -------------------------------------------
c) Price(s) and volume(s) Price: 20p exercise price
Volume: 20,000 warrant shares
-------------------------- -------------------------------------------
d) Aggregated information
- Aggregated volume Volume: 20,000 warrant shares
- Price Price: 20p exercise price
-------------------------- -------------------------------------------
e) Date of the transaction 13 July 2022
-------------------------- -------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- -------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name David Shrier
-------------------------- -------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Non-Executive Director
-------------------------- -------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- -------------------------------------------
3 Details of the issuer, UK emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Mode Global Holdings Plc
-------------------------- -------------------------------------------
b) LEI 2138001BLO7EORII7E91
-------------------------- -------------------------------------------
4 Details of the transaction(s): section to be repeated
for (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 GBP0.01 par each
financial instrument, in the capital of the Company
type of instrument GB00BKX8NT01
Identification code
-------------------------- -------------------------------------------
b) Nature of the transaction Subscription of GBP25,000 of loan notes
convertible into ordinary shares of
GBP0.01 par each in the capital of
the Company
-------------------------- -------------------------------------------
c) Price(s) and volume(s) N/A
-------------------------- -------------------------------------------
d) Aggregated information
- Aggregated volume N/A
- Price
-------------------------- -------------------------------------------
e) Date of the transaction 13 July 2022
-------------------------- -------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- -------------------------------------------
4 Details of the transaction(s): section to be repeated
for (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 GBP0.01 par each
financial instrument, in the capital of the Company
type of instrument GB00BKX8NT01
Identification code
-------------------------- -------------------------------------------
b) Nature of the transaction Grant of warrants with rights to subscribe
for ordinary shares of GBP0.01 par
each in the capital of the Company
-------------------------- -------------------------------------------
c) Price(s) and volume(s) Price: 20p exercise price
Volume: 25,000 warrant shares
-------------------------- -------------------------------------------
d) Aggregated information
- Aggregated volume Volume: 25,000 warrant shares
- Price Price: 20p exercise price
-------------------------- -------------------------------------------
e) Date of the transaction 13 July 2022
-------------------------- -------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- -------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Michael Robertson
-------------------------- -------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Non-Executive Director
-------------------------- -------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- -------------------------------------------
3 Details of the issuer, UK emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Mode Global Holdings Plc
-------------------------- -------------------------------------------
b) LEI 2138001BLO7EORII7E91
-------------------------- -------------------------------------------
4 Details of the transaction(s): section to be repeated
for (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 GBP0.01 par each
financial instrument, in the capital of the Company
type of instrument GB00BKX8NT01
Identification code
-------------------------- -------------------------------------------
b) Nature of the transaction Subscription of GBP20,000 of loan notes
convertible into ordinary shares of
GBP0.01 par each in the capital of
the Company
-------------------------- -------------------------------------------
c) Price(s) and volume(s) N/A
-------------------------- -------------------------------------------
d) Aggregated information
- Aggregated volume N/A
- Price
-------------------------- -------------------------------------------
e) Date of the transaction 13 July 2022
-------------------------- -------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- -------------------------------------------
4 Details of the transaction(s): section to be repeated
for (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 GBP0.01 par each
financial instrument, in the capital of the Company
type of instrument GB00BKX8NT01
Identification code
-------------------------- -------------------------------------------
b) Nature of the transaction Grant of warrants with rights to subscribe
for ordinary shares of GBP0.01 par
each in the capital of the Company
-------------------------- -------------------------------------------
c) Price(s) and volume(s) Price: 20p exercise price.
Volume: 20,000 warrant shares
-------------------------- -------------------------------------------
d) Aggregated information
- Aggregated volume Volume: 20,000 warrant shares
- Price Price: 20p exercise price
-------------------------- -------------------------------------------
e) Date of the transaction 13 July 2022
-------------------------- -------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- -------------------------------------------
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END
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