30 October 2024
Rosslyn Data Technologies
plc
("Rosslyn", the "Group" or the "Company")
Director
Dealings
Further to the announcements made on
8 October 2024, 9 October 2024 and 25 October 2024 pursuant to the
recent Fundraising and following the release of the Company's FY
2024 results on 29 October 2024, the Company confirms that James
Appleby, Non-Executive Chairman, has subscribed for 5,280,000 new
Ordinary Shares (the "Subscription
Shares") at the Issue Price of 5 pence per Ordinary
Share.
The dealings and resultant
shareholding of James Appleby is shown below:
|
Director Name
|
No.
of Subscription Shares acquired in Fundraising
|
Resultant shareholding post transaction
|
%
of voting rights post transaction
|
|
James Appleby
|
5,280,000
|
5,830,909
|
7.88%
|
Related Party
Transaction
The subscription by James Appleby constitutes a
related party transaction under rule 13 of the AIM
Rules.
Accordingly, Cavendish, acting in its capacity
as the Company's nominated adviser, confirms that it considers the
terms of the participation by James Appleby in the Subscription to
be fair and reasonable in so far as the Shareholders are
concerned.
Admission,
settlement and dealings
Application has been made for admission of the
Subscription Shares to trading on AIM, being the market of that
name operated by the London Stock Exchange ("Admission").
It is expected that Admission will take place
on or around 8.00 a.m. on 4 November 2024 and that dealings in the
Subscription Shares on AIM will commence at the same
time.
Following Admission, the Company will have
73,987,425 Ordinary Shares in issue. The Subscription Shares to be
issued will, when issued, be fully paid and will rank pari passu in
all respects with the existing Ordinary Shares, including the right
to receive all dividends and other distributions declared, made or
paid after the date of issue.
Capitalised terms in this announcement shall
have the same meaning as in the Circular posted to
Shareholders on 9 October 2024.
For further information please
contact:
|
Rosslyn
|
|
|
Paul Watts, Chief Executive
Officer
James Appleby, Chairman
|
+44 (0)20 3285 8008
|
|
|
|
|
Cavendish
Securities (Nominated adviser and Broker)
|
|
|
Stephen Keys/Camilla Hume/George
Lawson
|
+44 (0)20 7220 0500
|
|
|
|
|
Gracechurch Group (Financial PR)
|
|
|
Claire Norbury/Anysia
Virdi
|
+44 (0)20 4582 3500
|
About Rosslyn
Rosslyn (AIM: RDT) provides an
award-winning spend intelligence and predictive analytics platform.
The Rosslyn Platform helps organizations with diverse supply chains
mitigate risk and make informed strategic decisions. It leverages
automated workflows, artificial intelligence and machine learning
to extract and consolidate procurement data providing visibility of
complex supplier data, enabling supplier spend savings and
delivering rapid ROI. For more
information visit www.rosslyn.ai.
Investors wishing to contact the Company should
email investors@rosslyn.ai.
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
|
James Appleby
|
|
2.
|
Reason for the
notification
|
|
a)
|
Position/status
|
Chairman
|
|
b)
|
Initial notification/Amendment
|
Initial notification
|
|
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 of the financial instrument, type
of instrument
Identification code
|
Ordinary Shares of 0.1 pence each
GB00BMV2DB09
|
|
b)
|
Nature of the transaction
|
Purchase of Ordinary Shares
|
|
c)
|
Price(s) and volume(s)
|
|
Average price
for the period
|
Volume
|
|
5.0 pence
|
5,280,000
|
|
|
d)
|
Aggregated information
|
Not applicable - single transaction
|
|
e)
|
Date of the transaction
|
29 October 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange, AIM
|