Sumo Group PLC Directors' Dealings (6441T)
July 21 2020 - 6:32AM
UK Regulatory
TIDMSUMO
RNS Number : 6441T
Sumo Group PLC
21 July 2020
21 July 2020
Sumo Group plc
("Sumo Group" or the "Company")
Directors' Dealings
The Company announces that Andrea Dunstan and Michael Sherwin,
Non-Executive Directors, have acquired 33,333 and 5,556 ordinary
shares respectively in the placing announced by the Company on 16
July 2020. The shares were acquired at the placing price of 180
pence per share.
Following these acquisitions, Andrea is interested in 53,333
Ordinary Shares representing approximately 0.033 per cent. of the
Company's issued Ordinary Share capital and Michael is interested
in 25,556 Ordinary Shares representing approximately 0.016 per
cent. of the Company's issued Ordinary Share capital.
The information set out below is provided in accordance with the
requirements of Regulation 19(3) of the EU Market Abuse Regulation
No 596/2014:
1. Details of PDMR / person closely associated
a) Name (i) Andrea Dunstan
(ii) Michael Sherwin
----------------------------- ---------------------------------------
2. Reason for the notification
----------------------------------------------------------------------
a) Position / status (i) Non-Executive Director
(ii) Non-Executive Director
----------------------------- ---------------------------------------
b) Initial notification Initial notification
/amendment
----------------------------- ---------------------------------------
3. Details of the issuer
----------------------------------------------------------------------
a) Name Sumo Group plc
----------------------------- ---------------------------------------
b) LEI 213800LTZXJCG5QKIM14
----------------------------- ---------------------------------------
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 each
instrument
----------------------------- ---------------------------------------
b) Identification code of ISIN for Sumo Group plc: GB00BD3HV384
the Financial Instrument
----------------------------- ---------------------------------------
c) Nature of the transaction Acquisition of Ordinary Shares in Sumo
Group plc
----------------------------- ---------------------------------------
d) Price(s) and volume(s) Price Volume
(i) 180p 33,333
(ii) 180p 5,556
----------------------------- ---------------------------------------
e) Aggregated information N/A
- Aggregated volume
- Price
----------------------------- ---------------------------------------
f) Date of the transaction 21 July 2020
----------------------------- ---------------------------------------
g) Place of the transaction London Stock Exchange (XLON)
----------------------------- ---------------------------------------
Enquiries:
Sumo Group plc Via Belvedere Communications
Carl Cavers, Chief Executive Officer Tel: +44 (0) 7715 769
078
David Wilton, Chief Financial Officer
Zeus Capital Limited (Nominated Adviser
& Joint Broker)
Nick Cowles / Andrew Jones Tel: +44 (0) 161 831
1512
Ben Robertson / John Goold Tel: +44 (0) 203 829
5000
Investec Corporate & Investment Banking
(Joint Broker)
David Flin / Bruce Garrow Tel: +44 (0) 207 597
5970
Belvedere Communications Limited
Cat Valentine Tel: +44 (0) 7715 769
078
Keeley Clarke Tel: +44 (0) 7967 816
525
Llew Angus Tel: +44 (0) 7407 023
147
SumoPR@belvederepr.com
About Sumo Group plc
Sumo Group's businesses provide acclaimed development and design
services to the video games and entertainment industries from
studios in the UK, India, and Canada.
Sumo Digital, as the Group's primary business, is one of the
UK's largest independent developers of AAA-rated video games,
having studios in Sheffield, Newcastle, Nottingham, Leamington Spa,
Warrington and Pune, India. The business has acquired three studios
since IPO, which operate under their own names, BAFTA award-winning
The Chinese Room in Brighton, Red Kite Games in Leeds and Lab42 in
Leamington Spa. Sumo Digital provides turnkey and co-development
solutions to a global blue-chip client base.
Atomhawk is a multi-award-winning visual design company, with
studios in Newcastle and in Vancouver (Canada), servicing the
games, film and visual effects industries.
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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