WANdisco Plc Director Dealing (1666G)

TIDMWAND

RNS Number : 1666G

WANdisco Plc

25 May 2017

25 May 2017

WANdisco plc

("WANdisco" or the "Company")

Director Dealing

Charitable donation of shares to the University of Texas at Austin

by Dr Yeturu Aahlad, Co-founder of WANdisco

WANdisco (LSE: WAND), the world leader in Active Data Replication(TM), announces that Dr Yeturu Aahlad, Chief Scientist, Inventor and Co-founder of WANdisco has made a charitable donation of 50,000 ordinary shares, for nil consideration, to the James C. Browne Graduate Fellowship Fund (the "Fund") at the University of Texas at Austin, Department of Computer Science.

The Fund was set up in the name of Dr James C. Browne, one of the founding members of the Department of Computer Science, to directly support graduate students for educational and research success.

Dr Yeturu Aahlad, Chief Scientist, Inventor and Co-founder of WANdisco, commented:

"The Department of Computer Science at the University of Texas at Austin is one of the top graduate programs in the country. I was lucky enough to have Dr Browne as my PhD supervisor - his teaching laid the foundations for my work in distributed computing, ultimately culminating in the invention of WANdisco Fusion.

"I have donated these shares for the department to use as it sees fit. I hope the donation will benefit young academics, help them collaborate on invaluable research and allow them to further progress their careers and pursue their passions in computer science."

Following this donation, Dr Aahlad is beneficially interested in 2,775,021 shares in the Company, representing 7.4% of the Company's issued share capital.

For further information, please contact:

 
 WANdisco plc                       via Vigo Communications 
 David Richards, Chief Executive 
  Officer and Interim Chairman 
 Erik Miller, Chief Financial 
  Officer 
 
                                    [phone] 
 Vigo Communications                 9700 
 Jeremy Garcia / Fiona Henson 
  / Antonia Pollock 
  www.vigocomms.com 
 
                                    [phone] 
 Stifel (Joint Broker and Nomad)     7600 
 Fred Walsh / Neil Shah / Ben 
  Maddison / Rajpal Padam 
 
 UBS (Joint Broker)                 [phone] 
  Rahul Luthra / Sandip Dhillon      8000 
 

About WANdisco

WANdisco is the world leader in Active Data Replication(TM). Its patented WANdisco Fusion technology enables the replication of continuously changing data to the cloud and on-premises data centers with guaranteed consistency, no downtime and no business disruption. It also allows distributed development teams to collaborate as if they are all working in one location. WANdisco has an OEM with IBM as well partnerships with Amazon Web Services, Cisco, Google Cloud, Hewlett Packard Enterprise, Microsoft Azure, and Oracle to resell its patented technology. WANdisco also works directly with Fortune 1000 companies around the world to ensure their data gives them the real insight they need.

For additional information, please visit www.wandisco.com.

About the James C. Browne Graduate Fellowship Fund

Dr James C. Browne is the last of the University of Texas at Austin Computer Science founding faculty members still active with the department. He published around 500 papers over his 50-year research career and served as supervisor or co-supervisor for the graduate studies of 60 Ph.D. students and 65 master's degree students. In honour of Dr Browne's 65(th) birthday the James C. Browne Graduate Fellowship was established by the Board of Regents of the University of Texas System on April 6, 2000, for the benefit of the College of Natural Sciences. The gifts received have allowed two graduate fellowships to be awarded each year since its founding. A gift made to the fund will promote continued growth and academic strengthening of the best and brightest minds in the field of parallel programming, whilst ensuring that graduate students in computer science at the University have access to all the financial resources they need to pursue their studies.

For additional information, please visit http://endowments.giving.utexas.edu/page/browne-james-grad-flshp/3274/.

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------------------ 
 a)    Name                            Dr Yeturu Aahlad 
----  ------------------------------  ---------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------------ 
 a)    Position/status                 Chief Scientist, Inventor 
                                        and Co-founder 
----  ------------------------------  ---------------------------------- 
 b)    Initial notification            Initial 
        /Amendment 
----  ------------------------------  ---------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------------ 
 a)    Name                            WANdisco 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                  Ordinary Shares of 10 pence 
        the financial                   each 
        instrument, type 
        of instrument 
---- 
 
       Identification                  JE00BYPG6G89 
        code 
 
 b)    Nature of the                   Disposal of shares 
        transaction 
----  ------------------------------  ---------------------------------- 
 c)    Price(s) and volume(s) 
----                                   ---------------  -------------- 
                                        Price(s)         Volume(s) 
----                                   ---------------  -------------- 
    0 pence                                              50,000 
   ---------------------------------------------------  -------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume             N/A 
 
  - Price                         N/A 
 
 e)    Date of the transaction         24 May 
----  ------------------------------  ---------------------------------- 
 f)    Place of the transaction        London Stock Exchange 
----  ------------------------------  ---------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

May 25, 2017 02:02 ET (06:02 GMT)