TIDMBLTG

RNS Number : 2300T

Blancco Technology Group PLC

04 January 2017

BLANCCO TECHNOLOGY GROUP PLC

(the "Company")

Director's Dealing

The Company was notified on 30 December 2016 that Keith Butcher purchased 22,750 ordinary shares of 2p each in the Company ("Ordinary Shares") at a price of 225p per Ordinary Share on 29 December 2016.

Following this purchase, Keith Butcher is interested in 22,750 Ordinary Shares of the Company, representing 0.04% of the issued share capital.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transaction as described above.

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
---  ------------------------------------------------------------------------- 
 a)   Name:                                          Keith Butcher 
---  ---------------------------------------------  -------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------------------- 
 a)   Position/status:                               PDMR, CFO 
---  ---------------------------------------------  -------------------------- 
 b)   Initial notification/Amendment:                Initial notification 
---  ---------------------------------------------  -------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
---  ------------------------------------------------------------------------- 
 a)   Name:                                          Blancco Technology Group 
                                                      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 financial instrument,       Ordinary shares of 2p 
       type of instrument:                            each 
       Identification code:                           GB00B06GNN57 
---  ---------------------------------------------  -------------------------- 
 b)   Nature of the transaction:                     Purchase 
---  ---------------------------------------------  -------------------------- 
 c)   Price(s) and volume(s):                          Price(s)   Volume(s) 
                                                       ---------  ---------- 
                                                        225p       22,750 
                                                       ---------  ---------- 
---  ---------------------------------------------  -------------------------- 
 d)   Aggregated information:                        Single transaction as 
                                                      in 4 c) above 
        *    Aggregated volume:                       22,750 
                                                      225p 
 
        *    Price: 
---  ---------------------------------------------  -------------------------- 
 e)   Date of the transaction:                       2016-12-29 
---  ---------------------------------------------  -------------------------- 
 f)   Place of the transaction:                      London Stock Exchange, 
                                                      AIM Market (XLON) 
---  ---------------------------------------------  -------------------------- 
 

For further information, please contact:

Blancco Technology Group Plc +44 (0) 20 3657 7000

Matthew Peacock, Non-Executive Chairman

Patrick Clawson, Chief Executive Officer

Keith Butcher, Chief Financial Officer

   Peel Hunt LLP (Nominated Adviser and Broker)                                  +44 (0) 20 7418 8900 

Richard Kauffer

Euan Brown

Panmure Gordon (UK) Limited (Joint Broker) +44 (0) 20 7886 2500

Dominic Morley, Corporate Finance

Charles Leigh Pemberton, Corporate Broking

Tulchan Communications +44 (0) 20 7353 4200

Tom Murray

About Blancco

Blancco Technology Group plc, is a leading data erasure software business, serving enterprises and governments around the world.

www.blancco.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHBSGDBIUGBGRX

(END) Dow Jones Newswires

January 04, 2017 02:00 ET (07:00 GMT)