EU Supply PLC Director's Dealing (2647D)

TIDMEUSP

RNS Number : 2647D

EU Supply PLC

30 January 2018

30 January 2018

EU Supply plc

("EU Supply" or the "Company")

Director's Dealing

EU Supply plc (LSE AIM: EUSP), the e-procurement SaaS provider, was notified on 29 January 2017 that on 26 January 2018, Mr Thomas Beergrehn, Chief Executive Officer of the Company, purchased 65,000 ordinary shares of 0.1 pence each in the Company ("Shares") at 13.5 pence per share.

Following the above purchase, Mr Beergrehn's total interest, held by Internet Startups Holding B.V, a company wholly owned and controlled by Mr Beergrehn, comprises 9,045,903 Shares, representing approximately 13.36 per cent. of the Company's issued share capital.

FURTHER ENQUIRIES

 
    EU Supply plc                   Tel: [phone] 
     Thomas Beergrehn, CEO 
     Fredrik Wallmark, CFO 
 
     Stockdale Securities            Tel: [phone] 
     Tom Griffiths, Edward Thomas 
 

A copy of this announcement is available at www.eu-supply.com.

Notes to Editors

EU Supply is the UK holding company of the EU Supply Group, a Sweden-based e-commerce business, which has an established, market-leading, multilingual e-procurement platform for e-sourcing, e-tendering and contract management, tailored for the highly regulated European public sector market.

Since 2006, the Group has invested heavily in employing specialist programmers to add functionality, legal compliance as required and security features to its Complete Tender Management(TM) ("CTM(TM)") platform to ensure that the Group is ideally placed to secure new contracts with EU Member States and their Contracting Authorities. The platform is available in 16 different languages.

The Directors believe that the Group's CTM(TM) platform is one of the easiest to use and most functionally advanced solutions available in the market. The CTM(TM) platform is used by over 8,000 European public sector bodies in 9 EU/EEC Member States and has National Procurement System status in four Member States (the UK, Ireland, Norway and Lithuania).

The Company's shares were admitted to trading on AIM in November 2013. In August and September 2015, the Company raised a total of GBP2.061m (before expenses) through a placing of new shares and the issue of first and second tranches of Convertible Loan Notes to institutional and other investors.

This information is provided by RNS

The company news service from the London Stock Exchange

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January 30, 2018 02:00 ET (07:00 GMT)