Zegona Communications PLC Director/PDMR Shareholding (4858S)

TIDMZEG

RNS Number : 4858S

Zegona Communications PLC

02 October 2017

2 October 2017

Zegona Communications plc ("Zegona" or the "Company")

Share dealings by Persons Discharging Managerial Responsibility ("PDMRs")

Zegona Communications plc, LSE: ZEG, announces that, following the expiry of the close period upon the publication of the Company's interim financial statements for the period ended 30 June 2017, it has been notified between 29 September 2017 and 2 October 2017 by the following PDMRs that they have each granted irrevocable undertakings to tender their respective Tender Offer Entitlements in the Tender Offer, as detailed in the circular published by the Company on 30 August 2017 (the "Circular"):

 
 Person              Position             Number of       Percentage   Tender Offer 
                                             Shares           of the    Entitlement 
                                            held as        Company's 
                                                 at           issued 
                                          2 October    share capital 
                                               2017 
------------------  -----------------  ------------  ---------------  ------------- 
                     Chairman 
                      and Chief 
                      Executive 
 Eamonn O'Hare        Officer             2,123,870           1.083%        758,351 
------------------  -----------------  ------------  ---------------  ------------- 
                     Chief Operating 
 Robert Samuelson     Officer               801,002           0.409%        286,006 
------------------  -----------------  ------------  ---------------  ------------- 
                     Investment 
 Howard Kalika        Director              275,350           0.140%         98,316 
------------------  -----------------  ------------  ---------------  ------------- 
                     Non-Executive 
 Murray Scott         Director               50,000           0.026%         17,853 
------------------  -----------------  ------------  ---------------  ------------- 
                     Non-Executive 
 Ashley Martin        Director               15,867           0.008%          5,665 
------------------  -----------------  ------------  ---------------  ------------- 
 Richard             Non-Executive 
  Williams            Director          12,578([1])           0.006%          4,491 
------------------  -----------------  ------------  ---------------  ------------- 
                     Chief Financial 
 Dean Checkley        Officer                 6,386           0.003%          2,280 
------------------  -----------------  ------------  ---------------  -------------

([1]) In addition, Richard Williams also holds a long position equivalent to 56,000 Shares through a contract for difference.

These irrevocable undertakings by the PDMRs are in addition to the irrevocable undertaking granted by Marwyn Asset Management Limited ("MAML") in favour of the Company dated 29 August 2017:

 
 Person                 Position                Number of       Percentage   Tender Offer 
                                                   Shares           of the    Entitlement 
                                                  held as        Company's 
                                                       at           issued 
                                                2 October    share capital 
                                                     2017 
---------------------  ---------------------  -----------  ---------------  ------------- 
                        Non-Executive 
                         Director 
                         and representative 
 Mark Brangstrup         of the Company 
  Watts and              Secretary, 
  Louisa Bonney([2])     respectively          50,608,567          25.815%     18,070,343 
---------------------  ---------------------  -----------  ---------------  -------------

([2]) PDMR trading of Mark Brangstrup Watts and Louisa Bonney relate to Shares held by MAML, of which Mr Brangstrup Watts and Mrs Bonney are directors, in its capacity as agent for and on behalf of its discretionary managed clients.

Capitalised terms used and not defined in this announcement have the meaning given to them in the Circular.

Company enquiries:

Louisa Bonney

Axio Capital Solutions Limited as Company Secretary

Telephone: +44 1534 761240

PR enquiries:

Lulu Bridges

Tavistock

Telephone: +44 20 7920 3150

This information is provided by RNS

The company news service from the London Stock Exchange

END