Rosslyn Data Technologies PLC Director/PDMR Dealing and Issue of Equity (7355V)
July 25 2018 - 6:14AM
UK Regulatory
TIDMRDT
RNS Number : 7355V
Rosslyn Data Technologies PLC
25 July 2018
25 July 2018
Rosslyn Data Technologies plc
(the "Company")
Director/PDMR Dealing and Issue of Equity
Further to the Company's announcement on 23 July 2018 regarding
the appointment of James Appleby as a non-executive director, the
Company is pleased to announce that on 23 July 2018 Mr Appleby
subscribed for 4,545,454 new ordinary shares of 0.5 pence each in
the capital of the Company ("Ordinary Shares") at a subscription
price of 5.50 pence per Ordinary Share (the "Subscription").
Following the Subscription, Mr Appleby holds 4,545,454 Ordinary
Shares representing approximately 2.3% per cent of the Company's
issued share capital.
Accordingly, an application has been made for the admission to
trading of 4,545,454 new Ordinary Shares to satisfy the
subscription by Mr Appleby. It is expected that Admission of the
new Ordinary Shares will occur at 8:00 a.m. on 31 July 2018.
Following Admission, the Company will have 192,675,521 Ordinary
Shares in issue. Therefore, the total number of Ordinary Shares
with voting rights in the Company is 192,675,521. This figure,
192,675,521, may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change of their interest in, the
Company under the FCA's Disclosure and Transparency Rules.
Commenting John O' Hara said; "This subscription is a strong
endorsement from James in Rosslyn and its capabilities. The
Subscription brings additional funds into the Company and whilst
there is no need for additional operational cash at this time, the
Board welcomes the cash injection as it provides us with the
flexibility to repay the loan notes outstanding from the Integritie
acquisition without straining the Company's existing cash
resources."
The Company makes the following disclosures in accordance with
article 19(3) of the Market Abuse Regulation:
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name James Appleby
----------------------- ---------------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Non-Executive Director
----------------------- ---------------------------------------
b) Initial notification Initial
/Amendment
----------------------- ---------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------
a) Name ROSSLYN DATA TECHNOLOGIES PLC
----------------------- ---------------------------------------
b) LEI 213800UJ7YTBGGXGJN09
----------------------- ---------------------------------------
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 Ordinary Shares of 0.5 pence each
of the financial
instrument,
type of instrument
Identification ISIN: GB00BKX5CP01
code
----------------------- ---------------------------------------
b) Nature of Subscription for new Ordinary Shares
the transaction
----------------------- ---------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) 5.50p 4,545,454
----------
----------------------- ---------------------------------------
d) Aggregated
information
- Aggregated N/A - single transaction
volume
- Price
----------------------- ---------------------------------------
e) Date of the 23 July 2018
transaction
----------------------- ---------------------------------------
f) Place of the Outside of trading venue
transaction
----------------------- ---------------------------------------
+44(0)20 7138
3203
Rosslyn Data Technologies Roger Bullen, +44(0)77 7162
plc Chief Executive Officer 3345
Lance Mercereau
Chief Marketing Officer +44(0)7788 183273
Cenkos Securities -
Nominated Adviser, +44(0)20 7397
Broker Stephen Keys 8924
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.
END
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