Defenx plc Director Dealings (6773N)

TIDMDFX

RNS Number : 6773N

Defenx plc

28 October 2016

28 October 2016

Defenx PLC

("Defenx" or the "Company")

Director Dealings

Defenx PLC (AIM:DFX), the mobile security solutions company, announces that, pursuant to the placing and subscription announced on 7 October 2016 and following the passing of all resolutions at the Company's General Meeting held on 26 October 2016, Andrea Stecconi, Chief Executive Officer, and Philipp Prince, Chief Financial Officer, were issued 218,750 and 31,250 new ordinary shares of GBP0.018 each ("Ordinary Shares") respectively on 27 October 2016 (the "Director Subscriptions").

Andrea Stecconi transferred 218,750 Ordinary Shares to North Investment SA, a company which he wholly owns, on 27 October 2016 and his aggregate beneficial interest remains unchanged as a result of this transfer.

Following the Director Subscriptions, Andrea Stecconi is beneficially interested in 1,826,836 Ordinary Shares, of which 1,608,086 Ordinary Shares are held directly and 218,750 Ordinary Shares are held through North Investment SA, representing, in aggregate, approximately 21.2 per cent. of the Company's issued share capital. Philipp Prince is now beneficially interested in 71,255 Ordinary Shares representing approximately 0.8 per cent. of the Company's issued share capital and, in addition, he holds 167,000 options over Ordinary Shares.

Enquiries:

 
 Defenx PLC 
  Andrea Stecconi - Chief Executive Officer 
  Philipp Prince - Chief Financial Officer     020 3769 0687 
 Strand Hanson Limited (Nominated and 
  Financial Adviser) 
  Richard Tulloch / Ritchie Balmer / 
  James Bellman                                020 7409 3494 
 WH Ireland (Joint-Broker) 
  Adrian Hadden / Nick Prowting                020 7220 1666 
 Beaufort Securities (Joint-Broker) 
  Jon Belliss                                  020 7382 8300 
 IFC Advisory (Financial PR and IR) 
  Graham Herring / Tim Metcalfe / Heather 
  Armstrong                                    020 3053 8671 
 

About Defenx

Founded in 2009, Defenx is a fast-growing and profitable software company that offers a range of products for the mobile, PC and network security markets. Defenx security and protection software is priced competitively, fully featured and efficient (reduced use of memory, processing capacity and therefore power).

A flexible marketing strategy, focused on white-label and profit-share arrangements with distributors, telecoms companies and hardware manufacturers, enables Defenx to compete with established industry incumbents. Since inception, Defenx has sold over 3.8 million security software licenses, primarily in Europe, the Middle East and Africa.

Defenx's global distribution partners currently include 3Italia, Seagate Technology, Türk Telecom and Western Digital, amongst others including telecoms operators, systems integrators and original equipment manufacturers. Defenx was admitted to trading on AIM on 3 December 2015 and acquired Memopal Srl in August 2016, which has allowed the Group to diversify its product portfolio and grow its customer base by adding proprietary cloud backup and synchronisation technology as well as new channel partners.

Website

www.defenx.com/company/investors

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------- 
 a)   Name                             Andrea Stecconi 
---  -------------------------------  ----------------------------- 
 2.   Reason for the Notification 
---  -------------------------------------------------------------- 
 a)   Position/status                  Chief Executive Officer 
---  -------------------------------  ----------------------------- 
 b)   Initial notification/amendment   Initial notification 
---  -------------------------------  ----------------------------- 
 3.   Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  -------------------------------------------------------------- 
 a)   Name                             Defenx 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 the               Ordinary shares of GBP0.018 
       Financial instrument,            pence each 
       type of instrument 
---  -------------------------------  ----------------------------- 
      Identification code              GB00BYNF4J61 
---  -------------------------------  ----------------------------- 
 b)   Nature of the Transaction        Subscription for Ordinary 
                                        Shares 
---  -------------------------------  ----------------------------- 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                         GBP0.80     218,750 
---  -------------------------------  ----------------------------- 
 d)   Aggregated information           N/A (Single transaction) 
       Aggregated volume 
       Price 
---  -------------------------------  ----------------------------- 
 e)   Date of the transaction          27/10/2016 
---  -------------------------------  ----------------------------- 
 f)   Place of the transaction         London Stock Exchange (XLON) 
---  -------------------------------  ----------------------------- 
 
 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------------- 
 a)   Name                             Andrea Stecconi 
---  -------------------------------  ----------------------------------- 
 2.   Reason for the Notification 
---  -------------------------------------------------------------------- 
 a)   Position/status                  Chief Executive Officer 
---  -------------------------------  ----------------------------------- 
 b)   Initial notification/amendment   Initial notification 
---  -------------------------------  ----------------------------------- 
 3.   Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  -------------------------------------------------------------------- 
 a)   Name                             Defenx 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 the               Ordinary shares of GBP0.018 
       Financial instrument,            pence each 
       type of instrument 
---  -------------------------------  ----------------------------------- 
      Identification code              GB00BYNF4J61 
---  -------------------------------  ----------------------------------- 
 b)   Nature of the Transaction        Transfer of ordinary shares. 
                                        No change in beneficial interest. 
---  -------------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                         N/A         218,750 
---  -------------------------------  ----------------------------------- 
 d)   Aggregated information           N/A (Single transaction) 
       Aggregated volume 
       Price 
---  -------------------------------  ----------------------------------- 
 e)   Date of the transaction          27/10/2016 
---  -------------------------------  ----------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
---  -------------------------------  ----------------------------------- 
 
 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------- 
 a)   Name                             Philipp Prince 
---  -------------------------------  ----------------------------- 
 2.   Reason for the Notification 
---  -------------------------------------------------------------- 
 a)   Position/status                  Chief Financial Officer 
---  -------------------------------  ----------------------------- 
 b)   Initial notification/amendment   Initial notification 
---  -------------------------------  ----------------------------- 
 3.   Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  -------------------------------------------------------------- 
 a)   Name                             Defenx 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 the               Ordinary shares of GBP0.018 
       Financial instrument,            pence each 
       type of instrument 

---  -------------------------------  ----------------------------- 
      Identification code              GB00BYNF4J61 
---  -------------------------------  ----------------------------- 
 b)   Nature of the Transaction        Subscription for Ordinary 
                                        Shares 
---  -------------------------------  ----------------------------- 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                         GBP0.80     31,250 
---  -------------------------------  ----------------------------- 
 d)   Aggregated information           N/A (Single transaction) 
       Aggregated volume 
       Price 
---  -------------------------------  ----------------------------- 
 e)   Date of the transaction          27/10/2016 
---  -------------------------------  ----------------------------- 
 f)   Place of the transaction         London Stock Exchange (XLON) 
---  -------------------------------  ----------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 28, 2016 02:00 ET (06:00 GMT)