GetBusy PLC Director/PDMR Shareholding (6512Z)

TIDMGETB

RNS Number : 6512Z

GetBusy PLC

13 January 2020

13 January 2020

GetBusy plc

Subscription for 500,000 Ordinary Shares and Director / PDMR Shareholding

GetBusy plc (AIM: GETB) ("GetBusy" or "the Company" or "the Group"), a developer of document management and communication software products, is pleased to announce that, further to the approval of resolutions by Independent Shareholders at the General Meeting on 7 January 2020, Daniel Rabie, the Group's Chief Executive Officer, has today subscribed for and been issued, conditional upon admission to trading on AIM, 500,000 ordinary shares of 0.15 pence each in the capital of the Company at a subscription price of 52.5 pence per share (being the mid-market closing price of the Company's Shares on 10 January 2020 (being the last practicable date prior to the subscription for such shares).

Application has been made for the shares to be admitted to trading on AIM. It is expected that Admission will become effective and that dealings in the shares will commence at 8:00 a.m. on 17 January 2020.

Following this Admission, Daniel Rabie shall have a total beneficial interest in 1,570,789 shares in the Company, representing 3.2 per cent of the Company's total voting rights.

Following the Admission, the Company shall have 48,900,000 Ordinary Shares in issue, all with voting rights. The Company holds no Ordinary Shares in treasury. The figure of 48,900,000 Ordinary Shares may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the FCA's Disclosure and Transparency Rules.

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                     Daniel Rabie 
      ---------------------------------------  -------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------- 
 a)    Position/status                          Chief Executive Officer 
      ---------------------------------------  -------------------------------------- 
 b)    Initial notification                     Initial 
        /Amendment 
      ---------------------------------------  -------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------- 
 a)    Name                                     GetBusy plc 
      ---------------------------------------  -------------------------------------- 
 b)    LEI                                      213800LAMARZB9AQJ376 
      ---------------------------------------  -------------------------------------- 
 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                       Ordinary Shares of 0.15 pence 
        financial instrument, 
        type of instrument 
 
       Identification code                      ISIN: GB00BG0TSD71 
 
 b)    Nature of the transaction                Subscription for Ordinary Shares 
      ---------------------------------------  -------------------------------------- 
 c)    Price(s) and volume(s) 
                                                ----------------  ----------------- 
                                                 Price(s)          Volume(s) 
                                                ----------------  ----------------- 
                                                 52.50p            500,000 
                                                ----------------  ----------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                  13 January 2020 
      ---------------------------------------  -------------------------------------- 
 f)    Place of the transaction                 Off-market 
      ---------------------------------------  -------------------------------------- 
 

Enquiries

GetBusy plc

[e-mail]

About GetBusy

GetBusy is a global Document Management and Communication software business that provides highly secure forms of digital document distribution, workflows and client chat. 1.5 million users are now registered to share information through GetBusy's award-winning online client portals.

Further information on the Group is available at www.getbusy.com/about/investors

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January 13, 2020 11:09 ET (16:09 GMT)