PROACTIS Holdings PLC Director/PDMR Shareholding (1607L)

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RNS Number : 1607L

PROACTIS Holdings PLC

23 April 2015

For immediate release

PROACTIS Holdings PLC

Directors' Dealings

PROACTIS Holdings PLC (the "Company"), the specialist Spend Control solution provider, announces that on 23 April 2015, Rod Jones (Chief Executive Officer), Sean McDonough (Chief Operating Officer) and Tim Sykes (Chief Financial Officer) exercised options over a total of 300,000 ordinary shares of 10 pence each ("New Ordinary Shares") at an exercise price of 24 pence per Ordinary Share as follows:

 
 Director                Number of options     Resultant Holding       % of issued 
                         over New Ordinary    of Ordinary Shares    share capital/ 
                          Shares exercised                           voting rights 
 Rod Jones, CEO                     50,000             1,942,720              4.94 
                       -------------------  --------------------  ---------------- 
 Tim Sykes, CFO                     50,000               198,001              0.50 
                       -------------------  --------------------  ---------------- 
 Sean McDonough, COO               200,000               321,666              0.82 
                       -------------------  --------------------  ---------------- 
 

Application has been made for the 300,000 New Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 30 April 2015.

The total number of Ordinary Shares, with voting rights, in issue following the above issue will be 39,320,992

Enquiries:

 
 PROACTIS Holdings PLC 
 Rod Jones, Chief Executive Officer     Via Redleaf PR 
  Tim Sykes, Chief Financial Officer 
 Redleaf Polhill 
 Rebecca Sanders-Hewett 
  Jenny Bahr                            0207 382 4730 
 
 finnCap Limited 
  Stuart Andrews                        0207 220 0500 
 
 

Notes to Editors:

PROACTIS creates, sells and maintains specialist software which enables organisations to streamline, control and monitor all internal and external expenditure, other than payroll. PROACTIS is already used in over 400 organisations around the world from the commercial, public and not-for-profit sectors. It is the largest independent eProcurement solution provider to the UK Public Sector.

PROACTIS is head quartered in Wetherby, West Yorkshire. It develops its own software using an in-house team of developers and sells through both direct and indirect channels via a number of Accredited Channel Partners.

PROACTIS floated on the AIM market of the London Stock Exchange in June 2006.

CLOUD COMPUTING is defined as location-independent computing, whereby shared servers provide resources, software, and data to computers and other devices on demand, as with the electricity grid.

This information is provided by RNS

The company news service from the London Stock Exchange

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