SQS Software Quality Systems AG Director/PDMR Shareholding (6151Z)

TIDMSQS

RNS Number : 6151Z

SQS Software Quality Systems AG

16 March 2017

16 March 2017

SQS Software Quality Systems AG

("SQS", the "Company" or the "Group")

Director / PDMR shareholdings

The Company announces that it received notification from David Bellin, Chairman of its Supervisory Board, on 15 March 2017 that, on the same date, his wife Mrs E A Bellin purchased at a price of 505 pence per SQS Share 2,000 shares.

As a result of this transaction, the number of Ordinary Shares which Mr. Bellin owns or is directly interested in has increased from 5,600 Ordinary Shares to 7,600 Ordinary shares, representing 0.02% of the issued share capital of the Company.

The Company announces that it received notification from Diederik Vos, CEO, on 15 March 2017 that, on the same date, he purchased at a price of 505 pence per SQS Share 2,000 shares.

As a result of this transaction, the number of Ordinary Shares which Mr. Vos owns or is directly interested in has increased from 1,000 Ordinary Shares to 3,000 Ordinary shares, representing 0.01% of the issued share capital of the Company.

Ends

Enquiries:

 
SQS Software Quality Systems AG       Tel. [phone] 
                                       91 54 0 
Diederik Vos, Chief Executive 
 Officer 
Rene Gawron, Chief Financial Officer 
Numis Securities - Nomad and Joint    Tel +44 (0) 20 
 Broker                                7260 1000 
Simon Willis / Jamie Lillywhite 
 / Mark Lander 
 
Stockdale Securities - Joint Broker   Tel. +44 (0) 20 
                                       7601 6100 
Robert Finlay / Antonio Bossi 
FTI Consulting - Financial Media      Tel. +44 (0)20 
 and Investor Relations                3727 1000 
Matt Dixon / Dwight Burden            [e-mail] 
 

About SQS

SQS is the leading global specialist in end-to-end software and business process quality solutions. This position stems from over 30 years of successful consultancy operations. SQS consultants provide solutions for all aspects of quality throughout the whole software product lifecycle driven by a standardised methodology, offshore automation processes and deep domain knowledge in various industries. Headquartered in Cologne, Germany, the company now employs approximately 4,600 staff. SQS has offices in Germany, UK, US, Australia, Austria, Egypt, Finland, France, India, Ireland, Italy, Malaysia, the Netherlands, Norway, Singapore, South Africa, Sweden, Switzerland and UAE. In addition, SQS maintains a minority stake in a company in Portugal. In 2016, SQS generated revenues of EUR327.1 million.

SQS is the first German company to have a primary listing on AIM, a market operated by the London Stock Exchange. In addition, SQS shares are also traded on the German Stock Exchange in Frankfurt am Main.

With over 10,000 completed projects under its belt, SQS has a strong client base, including half of the DAX 30, nearly a third of the STOXX 50 and 20 per cent of the FTSE 100 companies.

For more information, see www.sqs.com

SQS Software Quality Systems AG

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 
 1.   Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ------------------------------------------------- 
 a)   Name: 
       Elizabeth Bellin 
---  ------------------------------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------- 
 a)   Position/status: 
       Wife of the Chairman of the Supervisory Board 
---  ------------------------------------------------- 
 b)   Initial notification/Amendment: 
       Initial 
---  ------------------------------------------------- 
 3.   Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  ------------------------------------------------- 
 a)   Name: SQS Software Quality Systems AG 
---  ------------------------------------------------- 
 b)   LEI: 529900DU5PBUHKEESW60 
---  ------------------------------------------------- 
 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 EUR1 each. 
       Identification code: ISIN DE0005493514 
---  ------------------------------------------------- 
 b)   Nature of the transaction: 
       Purchase 
---  ------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)   Volume(s) 
       ---------  --------------- 
        505p       2,000 = 10,100 
                    GBP 
       ---------  --------------- 
---  ------------------------------------------------- 
 d)   Aggregated information: 
        *    Aggregated volume: 2,000 = 10,100 GBP 
 
 
        *    Price: 505p 
---  ------------------------------------------------- 
 e)   Date of the transaction: 15/03/2017 
---  ------------------------------------------------- 
 f)   Place of the transaction: XLON 
---  ------------------------------------------------- 
 
 
 1.   Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ------------------------------------------------- 
 a)   Name: 
       Diederik Vos 
---  ------------------------------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------- 
 a)   Position/status: 
       CEO 
---  ------------------------------------------------- 
 b)   Initial notification/Amendment: 
       Initial 
---  ------------------------------------------------- 
 3.   Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  ------------------------------------------------- 
 a)   Name: SQS Software Quality Systems AG 
---  ------------------------------------------------- 
 b)   LEI: 529900DU5PBUHKEESW60 
---  ------------------------------------------------- 
 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 EUR1 each. 
       Identification code: ISIN DE0005493514 
---  ------------------------------------------------- 
 b)   Nature of the transaction: 
       Purchase 
---  ------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)   Volume(s) 
       ---------  --------------- 
        505p       2,000 = 10,100 
                    GBP 
       ---------  --------------- 
---  ------------------------------------------------- 
 d)   Aggregated information: 
        *    Aggregated volume: 2,000 = 10,100 GBP 
 
 
        *    Price: 505p 
---  ------------------------------------------------- 
 e)   Date of the transaction: 15/03/2017 
---  ------------------------------------------------- 
 f)   Place of the transaction: XLON 
---  ------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 16, 2017 03:01 ET (07:01 GMT)