Opera Investments plc Director/PDMR Shareholding (4666E)

TIDMOPRA

RNS Number : 4666E

Opera Investments plc

18 July 2016

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

Opera Investments PLC

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility and/or Connected Persons

18 July 2016

Opera Investments PLC ("Opera" or the "Company") was notified on 15 July 2015 of the following transactions involving HD Capital Partners Holdings LLP, Paul Dudley and Philip Haydn-Slater. As set out in the Company's prospectus issued on 22 April 2015 at the time of the Company's Listing (the "Prospectus"), the interests of Paul Dudley, a director of the Company, were held by HD Capital Partners Holdings LLP. The designated partners of HD Capital Partners Holdings LLP, Paul Dudley and Philip Haydn-Slater, have decided to dissolve HD Capital Partners Holdings LLP and as a result have allocated their holdings directly into their own name on the basis set out below. No consideration was payable with respect to these transfers which took place on 15 July 2016.

There was no change to the aggregate holdings of the partners of HD Capital Partners Holdings LLP and there is no change to the lock-in restrictions to which these shares are subject, as summarised in the Prospectus.

Following these transfers, HD Capital Partners Holdings LLP retains no interests in the Company (previously held 1,750,000 ordinary shares representing 10.14% of issued share capital and voting rights of the Company).

Following these transfers, Paul Dudley retains a direct interest in the Company of 1,166,667 ordinary shares, representing 6.76% of issued share capital and voting rights of the Company (previously held no direct interest or voting rights).

Following these transfers, Philip Haydn-Slater retains a direct interest in the Company of 583,333 ordinary shares, representing 3.38% of issued share capital and voting rights of the Company (previously held no direct interest or voting rights).

This notice is given in fulfilment of the obligations under DTR 3.1 and Article 19 of the Market Abuse Regulations.

Enquiries:

Opera Investments plc:

Paul Dudley, Tel: [phone]

Myles Campion: Tel: [phone]

 
PDMR DEALING NOTIFICATION 
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)    Name                                                                HD Capital Partners Holdings LLP 
2     Reason for the notification 
a)    Position/status                                                     Connected Person to Paul Dudley (Director) 
b)    Initial notification /Amendment                                     Initial notification 
3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
a)    Name                                                                Opera Investments PLC 
b)    Legal Entity Identifier                                             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 financial instrument, type of instrument         Ordinary Shares of 1 pence 
      Identification code                                                 GB00BSNBL022 
----  ------------------------------------------------------------------  -------------------------------------------- 
b)    Nature of the transaction                                           Transfer of ordinary shares 
c)    Price(s) and                                                        Price(s)               Volume(s) 
 volume(s)                                                                nil                    1,750,000 
 
d)    Aggregated 
       information 
 - Aggregated volume                                                      1,750,000 
 - Price                                                                  nil 
e)    Date of the transaction                                             15 July 2016 
f)    Place of the transaction                                            London 
----  ------------------------------------------------------------------  -------------------------------------------- 
 
 
PDMR DEALING NOTIFICATION 
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)    Name                                                                           Paul Dudley 
2     Reason for the notification 
a)    Position/status                                                                Director 
b)    Initial notification /Amendment                                                Initial notification 
3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
a)    Name                                                                           Opera Investments PLC 
b)    Legal Entity Identifier                                                        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 financial instrument, type of instrument                    Ordinary Shares of 1 pence 
      Identification code                                                            GB00BSNBL022 
----  -----------------------------------------------------------------------------  ----------------------------- 
b)    Nature of the transaction                                                      Transfer of ordinary shares 
c)    Price(s) and                                                                   Price(s)        Volume(s) 
 volume(s)                                                                           nil             1,166,667 
 
d)    Aggregated 
       information 
 - Aggregated volume                                                                 1,166,667 
 - Price                                                                             nil 
e)    Date of the transaction                                                        15 July 2016 
f)    Place of the transaction                                                       London 
----  -----------------------------------------------------------------------------  ----------------------------- 
 
 
PDMR DEALING NOTIFICATION 
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)    Name                                                                Philip Haydn-Slater 
2     Reason for the notification 
a)    Position/status                                                     Connected Person to Paul Dudley (Director) 
b)    Initial notification /Amendment                                     Initial notification 
3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
a)    Name                                                                Opera Investments PLC 
b)    Legal Entity Identifier                                             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 financial instrument, type of instrument         Ordinary Shares of 1 pence 
      Identification code                                                 GB00BSNBL022 
----  ------------------------------------------------------------------  -------------------------------------------- 
b)    Nature of the transaction                                           Transfer of ordinary shares 
c)    Price(s) and                                                        Price(s)              Volume(s) 
 volume(s)                                                                nil                   583,333 
 
d)    Aggregated 
       information 
 - Aggregated volume                                                      583,333 
 - Price                                                                  nil 
e)    Date of the transaction                                             15 July 2016 
f)    Place of the transaction                                            London 
----  ------------------------------------------------------------------  -------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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July 18, 2016 06:48 ET (10:48 GMT)