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On 26 April 2023, Corero Network Security plc announced that Executive Chairman Jens Montanana transferred 20,000,000 shares. These shares, held in the name of The New Millennium Technology Trust, were moved from a Julius Baer Monaco broking account to an Investec Bank Securities AG broking account. Following this internal transfer, Montanana's beneficial holding in Corero Network Security plc remains unchanged at 187,300,406 shares, representing 37.46% of the Company.
| Date | 26 Apr 2023 |
| Time | 18:25:00 |
| Category | Director/PDMR dealings |
| ID | 6060X |
26 April 2023
Corero Network Security plc
("Corero", or "the Company")
Director shareholding
Corero Network Security plc (AIM: CNS), announces that Jens Montanana, Executive Chairman, has transferred some of his beneficial shareholding from one broking account to another broking account. This transfer does not result in any change in Jens Montanana's beneficial holding.
Jens Montanana holds 187,300,406 shares (37.46%) in the Company of which 33,674,846 are held in the name of JPM International Limited, which is wholly owned by Jens Montanana, and 125,871,751 are held in the name of The New Millennium Technology Trust of which Jens Montanana is a beneficiary. 20,000,000 of the shares held in the name of The New Millennium Technology Trust have been transferred from a Julius Baer Monaco broking account to an Investec Bank Securities AG broking account.
Following this transfer, Jens Montanana's holding in the Company will remain at 187,300,406 shares (37.46%).
Enquiries:
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Corero Network Security plc Jens Montanana, Executive Chairman Phil Richards, CFO
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Tel: +44 (0) 20 7390 0230 |
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Canaccord Genuity Limited (Nominated Adviser and Broker) Simon Bridges / Andrew Potts / Harry Rees
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Tel: +44 (0) 20 7523 8000 |
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Vigo Consulting Jeremy Garcia / Kendall Hill |
Tel: +44 (0) 20 7390 0230 |
About Corero Network Security
Corero Network Security plc is a global leader in real-time, high-performance, automatic DDoS cyber defense solutions. Both Service and Hosting providers, alongside digital enterprises across the globe rely on Corero's award winning cybersecurity technology to eliminate the threat of Distributed Denial of Service (DDoS) to their digital environment through automatic attack detection and mitigation, coupled with network visibility, analytics and reporting.
Corero's industry leading SmartWall and SecureWatch technology provides scalable protection capabilities against external DDoS attackers and internal DDoS botnets in the most complex edge and subscriber environments, while enabling a more cost-effective economic model than previously available. Corero's key operational centers located in Marlborough, Massachusetts, USA and Edinburgh, UK, with the Company's headquarters in London, UK. The Company is listed on the London Stock Exchange's AIM market under the ticker CNS. For more information, visit www.corero.com.