TIDMPHD
RNS Number : 2937X
PROACTIS Holdings PLC
30 April 2021
Proactis Holdings PLC
New Long Term Incentive Plan
Grant of Options
Director/PDMR Shareholdings
Proactis Holdings PLC (the "Company"), the business spend
management solution provider, announces that it has adopted a new
Long Term Incentive Plan ("LTIP"), with the objective of
attracting, motivating and retaining key staff over the medium
term.
Grants pursuant to the LTIP have been made today at the same
time as the cancellation of certain share options previously issued
under the Enterprise Management Scheme, the Executive Share Option
Scheme 2006 and the Executive Share Option Scheme 2017, following
today's announcement of a recommended cash offer for the Company by
Cafe Bidco Limited, a wholly-owned subsidiary of investment funds
advised and managed by Pollen Street Capital Limited .
Alan Aubrey, Non-Executive Chairman, commented: "The
implementation of this LTIP means we are now able to fulfil the
commitments made to our staff before first discussions regarding an
offer for the Company were initiated.
We consider this an important step in attracting, motivating and
retaining the right team to drive the business forward. We have
been cognisant that no significant awards have been granted since
2017 and the Company has faced many challenges during that time.
The Company strategy has now been reset and since the operational
review in 2019, we are pleased to have updated the market against
the delivery of a number of key strategic and commercial
milestones. The Board believes that the performance conditions
attaching to the LTIP awards are a fair measure of value creation
and delivery on this strategy.
We are grateful for the support we received from our
shareholders during the consultation process."
Background
Following the operational review in 2019, the Remuneration
Committee conducted a full review of its incentive arrangements,
having taken independent external advice and has created a
management incentive scheme designed to incentivise delivery of the
Company's growth objectives. Although the new LTIP does not require
shareholder approval, as recommended under the QCA Corporate
Governance Code, the Board has consulted with the Company's major
shareholders who have expressed their support. This consultation
took place in November 2020 and no material changes have been made
to structure of the LTIP since this time.
The LTIP provides for awards over Ordinary Shares to be granted
under the LTIP for its Executive Directors, other senior management
members and wider employees. The LTIP was designed to encourage
strong and sustained corporate performance in order to drive
returns to shareholders over the medium-term. Furthermore, it was
designed to encourage them to build up and retain a meaningful
shareholding in the Company, hence helping to ensure that the
interests of participants are closely aligned with those of
shareholders.
The maximum number of new ordinary shares that can be issued
under the LTIP and the Company's other employee share plans is
capped at 15 per cent of the Company's issued share capital within
a 10 year period.
It is anticipated that the LTIP itself will ultimately operate
in respect of awards in aggregate over 12 per cent of the Company's
issued share capital.
Subject to the rules of the LTIP and the terms of the awards,
awards will vest to the extent that the performance conditions have
been met at the end of the relevant performance period and the
underlying shares (net of those sold for tax liability) may then
only be traded once any post vesting holding period is completed.
The terms of the LTIP include normal provisions for "good leaver",
"bad leaver", change of control and malus and clawback. The
Remuneration Committee reserves discretion to amend the terms of
any grant prior to vesting, acting reasonably.
Further details of the LTIP will be included in the Group's next
Annual Report.
Grant of Awards
On 30 April 2021, the Company granted the following awards under
the LTIP to its two Executive Directors and four other Executive
Leadership Team members:
Director/ PDMR Position Number of Ordinary Exercise Price
Shares under per Ordinary
Award Share
Tim Sykes Chief Executive 3,815,355 GBP0.10
Officer
------------------ --------------------- -----------------
Richard Hughes Chief Financial 1,271,785 GBP0.10
Officer
------------------ --------------------- -----------------
Tim Schaefers Market Director 1,271,785 GBP0.10
(NL)
------------------ --------------------- -----------------
Paul van Rietschoten Chief Technology 1,271,785 GBP0.10
Officer (NL)
------------------ --------------------- -----------------
Paul Massey Product Director 1,271,785 GBP0.10
------------------ --------------------- -----------------
Craig Slater Managing Director 228,911 GBP0.10
------------------ --------------------- -----------------
The awards will ordinarily vest on the third anniversary of the
date of grant (the "Normal Vesting Date") subject to the grantee's
continued service and to the extent to which the award's
performance conditions are satisfied. If the awards are exercised
within two years of becoming vested, the shares acquired under them
(except for those sold to meet tax liability arising on exercise)
must be retained until at least the expiry of such two year
"post-vesting" holding period.
The performance conditions relate to share price performance and
also contain underpins regarding underlying financial performance.
Share price performance related vesting will be awarded on a
pro-rata ratchet between 60 pence and GBP1.50, and GBP1.50 and
GBP3.00, measured by the average of the closing middle market
quotations for the Company's Ordinary Shares for the 90 dealing
days prior to the Normal Vesting Date.
At its discretion, the Remuneration Committee may adjust down
the level of vesting that would otherwise result on account of
share price performance by reference to one or more of: growth in
ARR CAGR over three financial years, reported adjusted EBITDA for
financial year 2023 and reported adjusted EBITDA for financial year
2023 less capitalised development costs. A reduction may also apply
if the Remuneration Committee considers that the extent of vesting
is not aligned to its assessment of the Company's general business
performance and shareholder experience.
A term of the awards include that additional vesting may apply
in respect of the awards at the discretion of the Remuneration
Committee by regard to such factors and performance metrics as it
reasonably considers appropriate which may include regard to the
individual's personal contribution to the execution of the
Company's strategy between the grant of the awards and their
vesting.
A term of any awards granted to the Executive Directors (and
certain others) include that within six months of their grant the
awards may be scaled back by up to 28 per cent. in size to create
additional headroom for awards to others.
On the same day as the above LTIP awards were made, the
following awards held by the Executive Directors and four other
Executive Leadership Team members, outlined below, which were
granted from between 2014-2018, were cancelled.
Director/PDMR Date of grant Scheme Number of Exercise
options price
Tim Sykes 12/02/2016 EMI 210,000 GBP1.145
-------------- --------- ---------- ---------
Tim Sykes 14/01/2014 ESO 2006 635,960 GBP0.365
-------------- --------- ---------- ---------
Tim Sykes 29/08/2017 ESO 2017 451,842 GBP0.43
-------------- --------- ---------- ---------
Tim Schaefers 06/08/2018 ESO 2017 100,000 GBP1.08
-------------- --------- ---------- ---------
Paul van Rietschoten 06/08/2018 ESO 2017 50,000 GBP1.08
-------------- --------- ---------- ---------
Paul Massey 10/11/2016 EMI 50,000 GBP1.25
-------------- --------- ---------- ---------
Paul Massey 01/08/2018 ESO 2017 50,000 GBP1.00
-------------- --------- ---------- ---------
Paul Massey 01/08/2018 ESO 2017 50,000 GBP1.65
-------------- --------- ---------- ---------
Craig Slater 01/08/2018 ESO 2017 100,000 GBP1.00
-------------- --------- ---------- ---------
Craig Slater 01/08/2018 ESO 2017 100,000 GBP1.65
-------------- --------- ---------- ---------
Following the grant of awards detailed above, 12 per cent of the
Company's current issued share capital will be under option in
accordance with the Group's existing share option schemes.
The grant of the LTIP awards to Tim Sykes and Richard Hughes,
executive directors of the Company and Sean McDonough, who was a
director of the Company within the preceding 12 months, is a
related party transaction under Rule 13 of the AIM Rules for
Companies. The Independent Directors (being Nick Brown, Alan Aubrey
and Rodney Potts) consider, having consulted with finnCap Ltd, the
Company's nominated adviser, that the terms of the aforementioned
related party transaction are fair and reasonable insofar as the
shareholders of the Company are concerned.
The grant of LTIP awards have been made to Tim Sykes and Richard
Hughes. finnCap considers this grant, as set out above, is fair and
reasonable, as requested by the Takeover Panel. In providing this
advice, finnCap has taken into account the commercial assessments
of the Independent Directors (being Nick Brown, Alan Aubrey and
Rodney Potts).
For further information, please contact:
Proactis Holdings PLC
Tim Sykes, Chief Executive Officer 01937 545070 investorcontact@proactis.com
finnCap Ltd
Carl Holmes/Emily Watts - Corporate Finance
Andrew Burdis/Richard Chambers - ECM 0207 220 0500
Alma PR 020 3405 0205
Hilary Buchanan, Sam Modlin, David Ison Proactis@almapr.co.uk
Notes to Editors:
Proactis creates, sells and maintains software and services
which enable organisations to streamline, control and monitor all
indirect expenditure. Its solutions are used in approximately 1,100
buying organisations around the world from the commercial, public
and not-for-profit sectors.
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: T im Sykes
------------------------------------- --------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Chief E xecutive Officer
------------------------------------- --------------------------------
b) Initial notification/Amendment: Initial notification
------------------------------------- --------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: PROACTIS Holdings PLC
------------------------------------- --------------------------------
b) LEI: 213800NX05KK2YWNRJ1
------------------------------------- --------------------------------
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 financial Ordinary shares of 10 pence
instrument, type of instrument: each
Identification code: GB00B13GSS58
------------------------------------- --------------------------------
b) Nature of the transaction: Cancellation of options over
ordinary shares
------------------------------------- --------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP1.145 210,000
----------
GBP0.365 635,960
----------
GBP0.43 451,842
----------
------------------------------------- --------------------------------
d) Aggregated information:
* Aggregated volume: As above
* Price:
------------------------------------- --------------------------------
e) Date of the transaction: 30 April 2021
------------------------------------- --------------------------------
f) Place of the transaction: Outside of a trading venue
------------------------------------- --------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Ti m Sykes
------------------------------------- --------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Chief Ex ecutive Officer
------------------------------------- --------------------------------
b) Initial notification/Amendment: Initial notification
------------------------------------- --------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: PROACTIS Holdings PLC
------------------------------------- --------------------------------
b) LEI: 213800NX05KK2YWNRJ1
------------------------------------- --------------------------------
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 financial Ordinary shares of 10 pence
instrument, type of instrument: each
Identification code: GB00B13GSS58
------------------------------------- --------------------------------
b) Nature of the transaction: Grant of awards over ordinary
shares under the Company's
LTIP
------------------------------------- --------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP0.10 3,815,355
----------
------------------------------------- --------------------------------
d) Aggregated information:
* Aggregated volume: As above
* Price:
------------------------------------- --------------------------------
e) Date of the transaction: 30 April 2021
------------------------------------- --------------------------------
f) Place of the transaction: Outside of a trading venue
------------------------------------- --------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Richard Hughes
------------------------------------- --------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Chief F inancial Officer
------------------------------------- --------------------------------
b) Initial notification/Amendment: Initial notification
------------------------------------- --------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: PROACTIS Holdings PLC
------------------------------------- --------------------------------
b) LEI: 213800NX05KK2YWNRJ1
------------------------------------- --------------------------------
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 financial Ordinary shares of 10 pence
instrument, type of instrument: each
Identification code: GB00B13GSS58
------------------------------------- --------------------------------
b) Nature of the transaction: Grant of awards over ordinary
shares under the Company's
LTIP
------------------------------------- --------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP0.10 1,271,785
----------
------------------------------------- --------------------------------
d) Aggregated information:
* Aggregated volume: As above
* Price:
------------------------------------- --------------------------------
e) Date of the transaction: 30 April 2021
------------------------------------- --------------------------------
f) Place of the transaction: Outside of a trading venue
------------------------------------- --------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Tim Schaefers
-------------------------------------- -------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Market Director (NL)
-------------------------------------- -------------------------------
b) Initial notification/Amendment: Initial notification
-------------------------------------- -------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: PROACTIS Holdings PLC
-------------------------------------- -------------------------------
b) LEI: 213800NX05KK2YWNRJ1
-------------------------------------- -------------------------------
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 financial Ordinary shares of 10 pence
instrument, type of instrument: each
Identification code: GB00B13GSS58
-------------------------------------- -------------------------------
b) Nature of the transaction: Cancellation of options
-------------------------------------- -------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP1.08 100,000
----------
-------------------------------------- -------------------------------
d) Aggregated information:
* Aggregated volume: As above
* Price:
-------------------------------------- -------------------------------
e) Date of the transaction: 30 April 2021
-------------------------------------- -------------------------------
f) Place of the transaction: Outside of a trading venue
-------------------------------------- -------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Tim Schaefers
------------------------------------- --------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Market Director (NL)
------------------------------------- --------------------------------
b) Initial notification/Amendment: Initial notification
------------------------------------- --------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: PROACTIS Holdings PLC
------------------------------------- --------------------------------
b) LEI: 213800NX05KK2YWNRJ1
------------------------------------- --------------------------------
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 financial Ordinary shares of 10 pence
instrument, type of instrument: each
Identification code: GB00B13GSS58
------------------------------------- --------------------------------
b) Nature of the transaction: Grant of awards over ordinary
shares under the Company's
LTIP
------------------------------------- --------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP0.10 1,271,785
----------
------------------------------------- --------------------------------
d) Aggregated information:
* Aggregated volume: As above
* Price:
------------------------------------- --------------------------------
e) Date of the transaction: 30 April 2021
------------------------------------- --------------------------------
f) Place of the transaction: Outside of a trading venue
------------------------------------- --------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Paul van Rietschoten
------------------------------------- --------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Chief Technology Officer (NL)
------------------------------------- --------------------------------
b) Initial notification/Amendment: Initial notification
------------------------------------- --------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: PROACTIS Holdings PLC
------------------------------------- --------------------------------
b) LEI: 213800NX05KK2YWNRJ1
------------------------------------- --------------------------------
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 financial Ordinary shares of 10 pence
instrument, type of instrument: each
Identification code: GB00B13GSS58
------------------------------------- --------------------------------
b) Nature of the transaction: Cancellation of options
------------------------------------- --------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP1.08 50,000
----------
------------------------------------- --------------------------------
d) Aggregated information:
* Aggregated volume: As above
* Price:
------------------------------------- --------------------------------
e) Date of the transaction: 30 April 2021
------------------------------------- --------------------------------
f) Place of the transaction: Outside of a trading venue
------------------------------------- --------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Paul van Rietschoten
------------------------------------- --------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Chief Technology Officer (NL)
------------------------------------- --------------------------------
b) Initial notification/Amendment: Initial notification
------------------------------------- --------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: PROACTIS Holdings PLC
------------------------------------- --------------------------------
b) LEI: 213800NX05KK2YWNRJ1
------------------------------------- --------------------------------
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 financial Ordinary shares of 10 pence
instrument, type of instrument: each
Identification code: GB00B13GSS58
------------------------------------- --------------------------------
b) Nature of the transaction: Grant of awards over ordinary
shares under the Company's
LTIP
------------------------------------- --------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP0.10 1,271,785
----------
------------------------------------- --------------------------------
d) Aggregated information:
* Aggregated volume: As above
* Price:
------------------------------------- --------------------------------
e) Date of the transaction: 30 April 2021
------------------------------------- --------------------------------
f) Place of the transaction: Outside of a trading venue
------------------------------------- --------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Paul Massey
-------------------------------------- -------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Product Director
-------------------------------------- -------------------------------
b) Initial notification/Amendment: Initial notification
-------------------------------------- -------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: PROACTIS Holdings PLC
-------------------------------------- -------------------------------
b) LEI: 213800NX05KK2YWNRJ1
-------------------------------------- -------------------------------
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 financial Ordinary shares of 10 pence
instrument, type of instrument: each
Identification code: GB00B13GSS58
-------------------------------------- -------------------------------
b) Nature of the transaction: Cancellation of options
-------------------------------------- -------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP1.25 50,000
----------
GBP1.00 50,000
----------
GBP1.65 50,000
----------
-------------------------------------- -------------------------------
d) Aggregated information:
* Aggregated volume: As above
* Price:
-------------------------------------- -------------------------------
e) Date of the transaction: 30 April 2021
-------------------------------------- -------------------------------
f) Place of the transaction: Outside of a trading venue
-------------------------------------- -------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Paul Massey
------------------------------------- --------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Product Director
------------------------------------- --------------------------------
b) Initial notification/Amendment: Initial notification
------------------------------------- --------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: PROACTIS Holdings PLC
------------------------------------- --------------------------------
b) LEI: 213800NX05KK2YWNRJ1
------------------------------------- --------------------------------
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 financial Ordinary shares of 10 pence
instrument, type of instrument: each
Identification code: GB00B13GSS58
------------------------------------- --------------------------------
b) Nature of the transaction: Grant of awards over ordinary
shares under the Company's
LTIP
------------------------------------- --------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP0.10 1,271,785
----------
------------------------------------- --------------------------------
d) Aggregated information:
* Aggregated volume: As above
* Price:
------------------------------------- --------------------------------
e) Date of the transaction: 30 April 2021
------------------------------------- --------------------------------
f) Place of the transaction: Outside of a trading venue
------------------------------------- --------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Craig Slater
-------------------------------------- -------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Managing Director
-------------------------------------- -------------------------------
b) Initial notification/Amendment: Initial notification
-------------------------------------- -------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: PROACTIS Holdings PLC
-------------------------------------- -------------------------------
b) LEI: 213800NX05KK2YWNRJ1
-------------------------------------- -------------------------------
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 financial Ordinary shares of 10 pence
instrument, type of instrument: each
Identification code: GB00B13GSS58
-------------------------------------- -------------------------------
b) Nature of the transaction: Cancellation of options
-------------------------------------- -------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP1.00 100,000
----------
GBP1.65 100,000
----------
-------------------------------------- -------------------------------
d) Aggregated information:
* Aggregated volume: As above
* Price:
-------------------------------------- -------------------------------
e) Date of the transaction: 30 April 2021
-------------------------------------- -------------------------------
f) Place of the transaction: Outside of a trading venue
-------------------------------------- -------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Craig Slater
------------------------------------- --------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Managing Director
------------------------------------- --------------------------------
b) Initial notification/Amendment: Initial notification
------------------------------------- --------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: PROACTIS Holdings PLC
------------------------------------- --------------------------------
b) LEI: 213800NX05KK2YWNRJ1
------------------------------------- --------------------------------
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 financial Ordinary shares of 10 pence
instrument, type of instrument: each
Identification code: GB00B13GSS58
------------------------------------- --------------------------------
b) Nature of the transaction: Grant of awards over ordinary
shares under the Company's
LTIP
------------------------------------- --------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP0.10 228,911
----------
------------------------------------- --------------------------------
d) Aggregated information:
* Aggregated volume: As above
* Price:
------------------------------------- --------------------------------
e) Date of the transaction: 30 April 2021
------------------------------------- --------------------------------
f) Place of the transaction: Outside of a trading venue
------------------------------------- --------------------------------
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHFLFFESLIIVIL
(END) Dow Jones Newswires
April 30, 2021 11:24 ET (15:24 GMT)
Proactis (LSE:PHD)
Historical Stock Chart
From Jun 2024 to Jul 2024
Proactis (LSE:PHD)
Historical Stock Chart
From Jul 2023 to Jul 2024