Blancco Technology Group PLC Director/PDMR Shareholding (4212J)

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RNS Number : 4212J

Blancco Technology Group PLC

29 March 2018

BLANCCO TECHNOLOGY GROUP PLC

(the "Company")

Director's Dealing

The Company announces that Matt Jones, Chief Executive Officer, was yesterday granted a conditional award over 524,928 ordinary shares of 2p each in the Company ("Ordinary Shares") under the Company's performance share plan. This plan is subject to various performance criteria being met over a period of three years from the date of grant.

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

 
 1.   Details of the person discharging managerial 
       responsibilities/person closely associated 
---  -------------------------------------------------------------------- 
 a)   Name:                                      Matt Jones 
---  -----------------------------------------  ------------------------- 
 2.   Reason for the notification 
---  -------------------------------------------------------------------- 
 a)   Position/status:                           Chief Executive Officer 
---  -----------------------------------------  ------------------------- 
 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:                                       2138008487QKMQTA5428 
---  -----------------------------------------  ------------------------- 
 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:                 Grant of performance 
                                                  share plan award 
---  -----------------------------------------  ------------------------- 
 c)   Price(s) and volume(s):                      Price(s)    Volume(s) 
                                                   ----------  ---------- 
                                                    nil         524,928 
                                                   ----------  ---------- 
---  -----------------------------------------  ------------------------- 
 d)   Aggregated information:                    Single transaction as 
        *    Aggregated volume:                   in 4 c) above 
                                                  524,928 
                                                  nil 
        *    Price: 
---  -----------------------------------------  ------------------------- 
 e)   Date of the transaction:                   2018-03-28 
---  -----------------------------------------  ------------------------- 
 f)   Place of the transaction:                  Outside of a trading 
                                                  venue 
---  -----------------------------------------  ------------------------- 
 

Enquiries:

Blancco Technology Group Plc [phone]

Rob Woodward, Chairman

Matt Jones, Chief Executive Officer

Simon Herrick, Interim Chief Financial Officer

Peel Hunt LLP (Nominated Adviser and Broker) [phone]

Edward Knight

Nick Prowting

Panmure Gordon (UK) Limited (Joint Broker) [phone]

Dominic Morley, Corporate Finance

Charles Leigh Pemberton, Corporate Broking

Tulchan Communications [phone]

Tom Murray

Matt Low

About Blancco:

Blancco Technology Group is a leading global provider of mobile device diagnostics and secure data erasure solutions. For more information, please visit www.blancco.com

This information is provided by RNS

The company news service from the London Stock Exchange

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March 29, 2018 06:40 ET (10:40 GMT)