Arcontech Group PLC Exercise of Options, Director/PDMR Shareholding (9555K)

TIDMARC

RNS Number : 9555K

Arcontech Group PLC

07 September 2021

ARCONTECH GROUP PLC

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

Exercise of Options and PDMR Shareholding

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, announces the exercise of share options by employees of the Company over 25,000 new ordinary shares of 12.5 pence each in the capital of the Company ("Ordinary Shares") at an exercise price of 64.5 pence per share.

Of these, Louise Barton, Non-Executive Director, exercised 20,000 ordinary shares in Arcontech at the exercise price. Following this purchase, Louise Barton has a beneficial interest of 1,091,416 ordinary shares in the Company representing 8.2% of the issued share capital.

Application has been made to the London Stock Exchange for the 25,000 new Ordinary Shares to be admitted to trading on AIM and admission is expected to occur on or around 8.00am 10 September 2021. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue.

Total Voting Rights

For the purpose of the Disclosure Guidance and Transparency Rules, following the above issue of equity, the issued share capital of the Company will comprise 13,352,811 Ordinary Shares. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure Guidance and Transparency Rules.

Enquiries:

 
 Arcontech Group plc                                 020 7256 2300 
 Geoff Wicks, Chairman and Non-Executive Director 
 Matthew Jeffs, Chief Executive 
 
 finnCap Ltd (Nomad & Broker)                        020 7220 0500 
 Carl Holmes/Tim Harper 
  Harriet Ward - ECM 
 
 

To access more information on the Group please visit: www.arcontech.com

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                 Louise Barton 
     -----------------------------------  ------------------------------ 
 2.   Reason for the Notification 
     ------------------------------------------------------------------- 
 a)   Position/status                      Non-Executive Director 
     -----------------------------------  ------------------------------ 
 b)   Initial notification/Amendment       Initial notification 
     -----------------------------------  ------------------------------ 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                                 Arcontech Group Plc 
     -----------------------------------  ------------------------------ 
 b)   LEI                                  213800O7PM9V79TP7523 
     -----------------------------------  ------------------------------ 
 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                          Ordinary shares of GBP0.125 
       of the Financial 
       instrument, 
       type of instrument 
      Identification                       ARC GB00BDBBJZ03 
       code 
     -----------------------------------  ------------------------------ 
 b)   Nature of the                        Exercise of Options 
       transaction 
     -----------------------------------  ------------------------------ 
 c)   Price(s) and                          Price(s)   Volume(s) 
       volume(s)                             64.5p      20,000 
                                                       ---------- 
     -----------------------------------  ------------------------------ 
 d)        Aggregated information:         N/A - single transaction 
             *    Aggregated volume 
 
 
             *    Price 
     -----------------------------------  ------------------------------ 
 e)   Date of the                          6 September 2021 
       transaction(s) 
     -----------------------------------  ------------------------------ 
 f)   Place of the                         London Stock Exchange (AIM) 
       transaction 
     -----------------------------------  ------------------------------ 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHGUGDCUBGDGBR

(END) Dow Jones Newswires

September 07, 2021 02:00 ET (06:00 GMT)