Blancco Technology Group PLC Directors' Dealing (4869C)

TIDMBLTG

RNS Number : 4869C

Blancco Technology Group PLC

11 October 2022

BLANCCO TECHNOLOGY GROUP PLC

(the "Company")

Directors' Dealing

The Company announces that, following the vesting of a conditional share award under the Company's performance share plan (as notified to the market on 30 September 2022) Matt Jones, Chief Executive Officer, sold 108,000 Ordinary Shares yesterday to cover his tax liability in relation to the award. The Ordinary Shares were sold at a price of 181.5 pence per share. Matt now holds 469,588 Ordinary Shares in the Company, representing 0.62% of the issued share capital.

The Company also announces that, following vesting of an award under the Company's performance share plan and a subsequent exercise of nil cost options (as notified to the market on 30 September 2022) Adam Moloney, Chief Financial Executive Officer, sold 36,789 Ordinary Shares yesterday to cover his tax liability in relation to the award. The Ordinary Shares were sold at a price of 181.5 pence per share. Adam now holds 216,105 Ordinary Shares in the Company, representing 0.29% of the issued share capital.

The notifications below, made in accordance with the requirements of the Market Abuse Regulation (Regulation (EU) No.596/2014) as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018, provide further detail in respect of the transactions 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            Ordinary Shares of 2p each 
       instrument, type of instrument:         GB00B06GNN57 
       Identification code: 
     --------------------------------------  ------------------------------- 
 b)   Nature of the transaction:              Sale 
     --------------------------------------  ------------------------------- 
 c)   Price(s) and volume(s):                      Price(s)   Volume(s) 
                                                    181.5p     108,000 
                                                              ---------- 
     --------------------------------------  ------------------------------- 
 d)    Aggregated information:                Single transaction as in 
         *    Aggregated volume:               4 c) above 
                                               108,000 
                                               181.5p 
         *    Price: 
     --------------------------------------  ------------------------------- 
 e)   Date of the transaction:                2022-10-10 
     --------------------------------------  ------------------------------- 
 f)   Place of the transaction:               London Stock Exchange, AIM 
                                               Market (XLON) 
     --------------------------------------  ------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                   Adam Moloney 
     --------------------------------------  ------------------------------- 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status:                        Chief Financial 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            Ordinary Shares of 2p each 
       instrument, type of instrument:         GB00B06GNN57 
       Identification code: 
     --------------------------------------  ------------------------------- 
 b)   Nature of the transaction:              Sale 
     --------------------------------------  ------------------------------- 
 c)   Price(s) and volume(s):                      Price(s)   Volume(s) 
                                                    181.5p     36,789 
                                                              ---------- 
     --------------------------------------  ------------------------------- 
 d)    Aggregated information:                Single transaction as in 
         *    Aggregated volume:               4 c) above 
                                               36,789 
                                               181.5p 
         *    Price: 
     --------------------------------------  ------------------------------- 
 e)   Date of the transaction:                2022-10-10 
     --------------------------------------  ------------------------------- 
 f)   Place of the transaction:               London Stock Exchange, AIM 
                                               Market (XLON) 
     --------------------------------------  ------------------------------- 
 

For further information:

 
 Blancco Technology Group plc 
 Matt Jones, Chief Executive Officer 
 Adam Moloney, Chief Financial Officer 
 Lorraine Young, Company Secretary                  Via Buchanan 
 
 Peel Hunt (Nominated Advisor & Joint 
  Broker)                                 [phone] 
 Paul Gillam / James Smith 
 
 Investec Bank plc (Joint Broker) 
 Patrick Robb / Nick Prowting               [phone] 
 
 Buchanan Communications Limited 
  Chris Lane / Stephanie Whitmore / 
  Jack Devoy 
  [e-mail]                   [phone] 
 

About Blancco

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

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END

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October 11, 2022 05:06 ET (09:06 GMT)