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LoopUp Group PLC announced on 26 March 2024 the allotment of 1,189,683 New Ordinary Shares following share option exercises. COO Marcus Greensit and General Counsel Edward Cooper exercised options for 162,000 and 90,000 shares respectively, increasing their holdings to 0.33% and 0.42% of the total issued share capital. As a result, the total number of ordinary shares and voting rights in the company now stands at 206,084,186.
| Date | 26 Mar 2024 |
| Time | 09:58:25 |
| Category | Director/PDMR dealings |
| ID | 3283I |
26 March 2024
LOOPUP GROUP PLC
("LoopUp" or the "Group")
PDMR Dealings and Total Voting Rights
LoopUp Group plc (LSE AIM: LOOP), the multinational Cloud Telephony provider, announces that a total of 1,189,683 shares ("New Ordinary Shares") have been allotted to option holders pursuant to share option exercises.
PDMR Dealings
The following PDMRs elected to exercise their options and to subsequently hold those shares. Their holdings have increased as follows:
|
Name |
Title |
Shares held before dealing |
Additional shares issued |
Shares held after dealing |
Shares held as a % of total issued share capital |
|
Marcus Greensit |
COO |
520,460 |
162,000 |
682,460
|
0.33% |
|
Edward Cooper |
General Counsel |
773,615
|
90,000 |
863,615
|
0.42% |
Total Voting Rights
As a result of this issue, the total number of ordinary shares in issue now stands at 206,084,186 shares and the total number of voting rights in the Company is therefore 206,084,186. Such New Ordinary Shares are not eligible to vote at the next scheduled General Meeting. No ordinary shares are held in treasury.
The above figure of 206,084,186 may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
The FCA notification, made in accordance with the UK version of the requirements of the EU Market Abuse Regulation (as part of UK law by virtue of the European Union (Withdrawal) Act 2018) is appended below.
|
LoopUp Group plc |
via FTI |
|
|
Steve Flavell, co-CEO |
|
|
|
Panmure Gordon (UK) Limited |
+44 (0) 20 7886 2500 |
|
|
Dominic Morley / Ivo Macdonald (Corporate Finance) |
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|
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Cavendish Securities plc |
+44 (0) 20 7397 8900 |
|
|
Giles Balleny / Dan Hodkinson (Corporate Finance) |
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|
|
Dale Bellis (Sales) |
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|
|
|
|
|
|
FTI Consulting, LLP |
+44 (0) 20 3727 1000 |
|
|
Emma Hall / Jamille Smith |
|
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About LoopUp Group plc
LoopUp (LSE AIM: LOOP) enables multinational enterprises to consolidate their global telephony provision into a single, consistently managed cloud implementation rather than disparate implementations from multiple carriers. The Group is listed on the AIM market of the London Stock Exchange and is headquartered in London, with offices in the US, Spain, Germany, Hong Kong, Barbados and Australia. For further information, please visit: www.loopup.com.
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)
|
Names |
1) Marcus Greensit 2) Edward Cooper |
|
2
|
Reason for the notification |
|
|
a)
|
Position/status
|
Classified as PDMR of the Company |
|
b)
|
Initial notification /Amendment
|
Initial Notification |
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a)
|
Name
|
LoopUp Group plc |
|
b)
|
LEI |
21380063DQ4WXDQLYB80 |
|
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 instrument, type of instrument
|
Ordinary Shares of 0.5p each |
|
b) |
Identification code
|
GB00BYQP6S60 |
|
c)
|
Nature of the transaction
|
Exercise of options |
|
d) |
Price(s) and volume(s) |
1) 162,000 options at zero strike price 2) 90,000 options at zero strike price |
|
e)
|
Date of the transaction |
26 March 2024 |
|
f) |
Place of the transaction |
London Stock Exchange |