WANdisco Plc Director Dealing (1666G)
May 25 2017 - 2:02AM
UK Regulatory
TIDMWAND
RNS Number : 1666G
WANdisco Plc
25 May 2017
25 May 2017
WANdisco plc
("WANdisco" or the "Company")
Director Dealing
Charitable donation of shares to the University of Texas at
Austin
by Dr Yeturu Aahlad, Co-founder of WANdisco
WANdisco (LSE: WAND), the world leader in Active Data
Replication(TM), announces that Dr Yeturu Aahlad, Chief Scientist,
Inventor and Co-founder of WANdisco has made a charitable donation
of 50,000 ordinary shares, for nil consideration, to the James C.
Browne Graduate Fellowship Fund (the "Fund") at the University of
Texas at Austin, Department of Computer Science.
The Fund was set up in the name of Dr James C. Browne, one of
the founding members of the Department of Computer Science, to
directly support graduate students for educational and research
success.
Dr Yeturu Aahlad, Chief Scientist, Inventor and Co-founder of
WANdisco, commented:
"The Department of Computer Science at the University of Texas
at Austin is one of the top graduate programs in the country. I was
lucky enough to have Dr Browne as my PhD supervisor - his teaching
laid the foundations for my work in distributed computing,
ultimately culminating in the invention of WANdisco Fusion.
"I have donated these shares for the department to use as it
sees fit. I hope the donation will benefit young academics, help
them collaborate on invaluable research and allow them to further
progress their careers and pursue their passions in computer
science."
Following this donation, Dr Aahlad is beneficially interested in
2,775,021 shares in the Company, representing 7.4% of the Company's
issued share capital.
For further information, please contact:
WANdisco plc via Vigo Communications
David Richards, Chief Executive
Officer and Interim Chairman
Erik Miller, Chief Financial
Officer
+44 (0)207 830
Vigo Communications 9700
Jeremy Garcia / Fiona Henson
/ Antonia Pollock
www.vigocomms.com
+44 (0)207 710
Stifel (Joint Broker and Nomad) 7600
Fred Walsh / Neil Shah / Ben
Maddison / Rajpal Padam
UBS (Joint Broker) +44 (0)207 567
Rahul Luthra / Sandip Dhillon 8000
About WANdisco
WANdisco is the world leader in Active Data Replication(TM). Its
patented WANdisco Fusion technology enables the replication of
continuously changing data to the cloud and on-premises data
centers with guaranteed consistency, no downtime and no business
disruption. It also allows distributed development teams to
collaborate as if they are all working in one location. WANdisco
has an OEM with IBM as well partnerships with Amazon Web Services,
Cisco, Google Cloud, Hewlett Packard Enterprise, Microsoft Azure,
and Oracle to resell its patented technology. WANdisco also works
directly with Fortune 1000 companies around the world to ensure
their data gives them the real insight they need.
For additional information, please visit www.wandisco.com.
About the James C. Browne Graduate Fellowship Fund
Dr James C. Browne is the last of the University of Texas at
Austin Computer Science founding faculty members still active with
the department. He published around 500 papers over his 50-year
research career and served as supervisor or co-supervisor for the
graduate studies of 60 Ph.D. students and 65 master's degree
students. In honour of Dr Browne's 65(th) birthday the James C.
Browne Graduate Fellowship was established by the Board of Regents
of the University of Texas System on April 6, 2000, for the benefit
of the College of Natural Sciences. The gifts received have allowed
two graduate fellowships to be awarded each year since its
founding. A gift made to the fund will promote continued growth and
academic strengthening of the best and brightest minds in the field
of parallel programming, whilst ensuring that graduate students in
computer science at the University have access to all the financial
resources they need to pursue their studies.
For additional information, please visit
http://endowments.giving.utexas.edu/page/browne-james-grad-flshp/3274/.
1 Details of the person discharging managerial
responsibilities / person closely associated
---- ------------------------------------------------------------------
a) Name Dr Yeturu Aahlad
---- ------------------------------ ----------------------------------
2 Reason for the notification
---- ------------------------------------------------------------------
a) Position/status Chief Scientist, Inventor
and Co-founder
---- ------------------------------ ----------------------------------
b) Initial notification Initial
/Amendment
---- ------------------------------ ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- ------------------------------------------------------------------
a) Name WANdisco plc
---- ------------------------------ ----------------------------------
b) LEI N/A
---- ------------------------------ ----------------------------------
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 Ordinary Shares of 10 pence
the financial each
instrument, type
of instrument
----
Identification JE00BYPG6G89
code
b) Nature of the Disposal of shares
transaction
---- ------------------------------ ----------------------------------
c) Price(s) and volume(s)
---- --------------- --------------
Price(s) Volume(s)
---- --------------- --------------
0 pence 50,000
--------------------------------------------------- --------------
d) Aggregated information
----
- Aggregated volume N/A
- Price N/A
e) Date of the transaction 24 May
---- ------------------------------ ----------------------------------
f) Place of the transaction London Stock Exchange
---- ------------------------------ ----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHPGUPUAUPMGMC
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