Ideagen PLC Director Dealing (4882M)

TIDMIDEA

RNS Number : 4882M

Ideagen PLC

28 July 2017

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014

Ideagen plc

("Ideagen" or the "Company")

28 July 2017

Director Dealing

Ideagen PLC (AIM: IDEA), a leading supplier of Information Management Software to highly regulated industries, announces that today Barney Kent, Chief Operating Officer of the Company, sold 245,000 ordinary shares of 1 pence each ("Ordinary Shares") at a price of 82.5 pence per Ordinary Share to part fund a property purchase (the "Sale").

Following the Sale, Mr. Kent's beneficial interest in the Company is 1,772,660 Ordinary Shares representing approximately 0.89% of the issued share capital of the Company.

 
 Enquiries: 
 Ideagen plc                         Tel: [phone] 
 David Hornsby, Chief Executive 
 Graeme Spenceley, Finance 
  Director 
 
 finnCap (Nominated Adviser          Tel: [phone] 
  and Broker) 
 Stuart Andrews / James Thompson 
  (Corporate Finance) 
 Stephen Norcross (Corporate 
  Broking) 
 

About Ideagen plc

Ideagen is a UK company quoted on the London Stock Exchange AIM market (Ticker: IDEA.L).

Ideagen is a supplier of Information Management software with operations in the UK, the United States and the Middle East. The Company specialises in GRC (Governance, Risk and Compliance) and Content and Clinical solutions with a primary focus on organisations operating within highly regulated industries. With an excellent portfolio of software products, Ideagen is able to provide complete information lifecycle solutions that enable organisations to reduce risk, meet their regulatory and compliance standards, helping them to reduce costs and improve efficiency.

The Group has a customer base of over 3,000 organisations using the Ideagen suite of products, including many blue chip names such as BAE Systems, Emirates, Shell and the European Central Bank as well as 150 hospitals in the UK and US.

For further information please visit www.ideagen.com

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                             Mr Barney Kent 
---  -------------------------------  ------------------------------- 
 2.   Reason for the Notification 
---  ---------------------------------------------------------------- 
 a)   Position/status                  Chief Operating Officer 
---  -------------------------------  ------------------------------- 
 b)   Initial notification/Amendment   Initial Notification 
---  -------------------------------  ------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                             Ideagen Plc 
---  -------------------------------  ------------------------------- 
 b)   LEI                              N/A 
---  -------------------------------  ------------------------------- 
 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                   Ordinary Shares of 1 pence 
       the Financial                    each 
       instrument, type 
       of instrument 
--- 
      Identification                   GB00B0CM0C50 
       code 
---  -------------------------------  ------------------------------- 
 b)   Nature of the                    Sale of Shares 
       transaction 
---  -------------------------------  ------------------------------- 
 c)   Price(s) and                      Price(s)   Volume(s) 
       volume(s)                        ---------  ---------- 
                                         82.5       245,000 
                                        ---------  ---------- 
---  -------------------------------  ------------------------------- 
 d)   Aggregated information: 
        *    Aggregated volume           245,000 ordinary shares of 
                                         1 pence (sold) at 82.5 pence 
                                         per ordinary share 
        *    Price 
---  -------------------------------  ------------------------------- 
 e)   Date of the transaction          28 July 2017 
---  -------------------------------  ------------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  ------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 28, 2017 11:19 ET (15:19 GMT)