FastForward Innovations Limited Director Dealing (5404Y)
August 22 2018 - 3:08AM
UK Regulatory
TIDMFFWD
RNS Number : 5404Y
FastForward Innovations Limited
22 August 2018
For Immediate Release
22 August 2018
FastForward Innovations Limited
("FastForward" or the "Company")
Director Dealing
FastFoward announces that CEO, Lorne Abony, has today gifted
1,151,288 Ordinary Shares of 1p each in the Company ("Ordinary
Shares") to a Texan based charity (the "Gift"). The Gift, completed
at the mid-market price today of 12.375p per Ordinary Share,
reduces Mr Abony's holding in FastForward to 14,843,300 Ordinary
Shares representing 9.19% of the Company's issued share
capital.
For further information on the Company please visit
www.fstfwd.co or contact:
FastForward Innovations Limited
info@fstfwd.co
Sue Saunders / Ian Burns/Ed McDermott
Beaumont Cornish Limited (Nomad)
James Biddle / Roland Cornish
Tel: +44 207 628 3396
Optiva Securities Limited (Broker)
Jeremy King Tel: +44 (0) 203 137 1902
DISCLAIMER
Beaumont Cornish Limited, which is authorised and regulated in
the United Kingdom by the Financial Conduct Authority, is acting
exclusively as Nominated adviser to FastForward Innovations Limited
and no one else in connection with the Placing and will not be
responsible to anyone other than FastForward Innovations Limited
for providing the protections afforded to clients of Beaumont
Cornish Limited nor for providing advice in relation to the
Placing. Neither Beaumont Cornish Limited nor any of its affiliates
owes or accepts any duty, liability or responsibility whatsoever
(whether direct or indirect, whether in contract, in tort, under
statute or otherwise) to any person who is not a client of Beaumont
Cornish Limited in connection with this Announcement, any statement
contained herein, or otherwise.
CAUTIONARY STATEMENT
The AIM Market of London Stock Exchange plc does not accept
responsibility for the adequacy or accuracy of this release. No
stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein. All
statements, other than statements of historical fact, in this news
release are forward-looking statements that involve various risks
and uncertainties, including, without limitation, statements
regarding potential values, the future plans and objectives of
FastForward Innovations Limited. There can be no assurance that
such statements will prove to be accurate, achievable or
recognisable in the near term.
Actual results and future events could differ materially from
those anticipated in such statements. These and all subsequent
written and oral forward-looking statements are based on the
estimates and opinions of management on the dates they are made and
are expressly qualified in their entirety by this notice.
FastForward Innovations Limited assumes no obligation to update
forward-looking statements should circumstances or management's
estimates or opinions change.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
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: Lorne Abony
------------------------------------ ---------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Chief Executive Officer
------------------------------------ ---------------------------------
b) Initial notification/Amendment:
------------------------------------ ---------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: FastForward Innovations Limited
------------------------------------ ---------------------------------
b) LEI: 213800KV6ETTB1BRZ435
------------------------------------ ---------------------------------
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 1p par value
instrument, type of instrument:
Identification code:
------------------------------------ ---------------------------------
b) Nature of the transaction: Gift of Ordinary Shares
------------------------------------ ---------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
12.375
pence 1,151,288
----------
------------------------------------ ---------------------------------
d) Aggregated information: Price(s) Volume(s)
12.375
pence 1,151,288
------------------------------------ ---------------------------------
e) Date of the transaction: 21 August 2018
------------------------------------ ---------------------------------
f) Place of the transaction: London Stock Exchange, AIM
------------------------------------ ---------------------------------
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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