Ideagen PLC Director/PDMR Dealings (8749O)

TIDMIDEA

RNS Number : 8749O

Ideagen PLC

12 February 2021

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

12 February 2021

Ideagen PLC

("Ideagen" "the Company" or "the Group")

Director/PDMR Dealings

Ideagen PLC (AIM: IDEA), a leading supplier of Information Management software to highly regulated industries, announces that yesterday David Hornsby, Executive Chairman and PDMR, sold 2,589,533 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at a price of 288.84 pence per Ordinary Share and transferred 1,533,333 Ordinary Shares to his wife for nil consideration (the "Sale and Transfer").

As a result of the Sale and Transfer, Mr Hornsby has a beneficial interest in 7,636,546 Ordinary Shares representing 3.0% of the Company's issued share capital all of which are now in his wife's name.

In addition, the Company was also informed that yesterday Barnaby Kent, Chief Operating Officer and a PDMR of the Company, transferred 2,530,000 Ordinary Shares to Plumtree Consultants Ltd (a company wholly owned by him) in specie. Mr Kent's beneficial interest in the Company remains unchanged at 3,308,073 Ordinary Shares representing 1.3% of the Company's issued Ordinary Shares.

Enquiries:

 
Ideagen plc                           01629 699 100 
David Hornsby, Executive Chairman 
Ben Dorks, Chief Executive Officer 
Emma Hayes, Chief Financial Officer 
 
 
  finnCap Limited                     020 7220 0500 
Henrik Persson/James Thompson 
 (Nomad) 
Alice Lane (ECM) 
Canaccord Genuity Limited              020 7523 8000 
Simon Bridges 
Richard Andrews 
 

About Ideagen plc

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

A global supplier of regulatory and compliance solutions, Ideagen provides a common software platform and an integrated risk-based approach to meet multi-industry standards, enabling compliance with relevant laws, policies, and regulations.

The Group provides software and services to organisations operating within highly regulated industries such as life sciences, healthcare, banking and finance, insurance, aviation, and aerospace and defence, with its main operational premises spread throughout the UK, EU, US, Middle East and SE Asia.

Currently, more than 5,700 organisations use Ideagen's products including eight of the top 10 UK accounting firms, all of the top aerospace and defence companies and 75% of the world's leading pharmaceutical firms.

Ideagen's diverse and varied customer base includes many well-known, global brands such as British Airways, Aggreko, BAE, Ryanair, US Navy, KLM, BBVA, Bank of New York, Commerzbank, Meggitt, Heineken, Johnson Matthey, Haeco Group and European Central Bank. As well as this, Ideagen counts 250 hospitals across the UK and US amongst its client base. For further information please visit www.ideagen.com .

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             David Hornsby 
     -------------------------------  ---------------------------------- 
 2.   Reason for the Notification 
     ------------------------------------------------------------------- 
 a)   Position/status                  Executive chairman 
     -------------------------------  ---------------------------------- 
 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                              213800KS1MLITOVNYC85 
     -------------------------------  ---------------------------------- 
 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 
       Financial instrument, 
       type of instrument 
      Identification code              GB00B0CM0C50 
     -------------------------------  ---------------------------------- 
 b)   Nature of the transaction        Sale of Ordinary Shares 
     -------------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)            Volume(s)   Price (pence) 
                                         2,589,533   288.84 
                                                    -------------- 
     -------------------------------  ---------------------------------- 
 d)        Aggregated information: 
             *    Aggregated volume      n/a 
 
 
             *    Price 
     -------------------------------  ---------------------------------- 
 e)   Date of the transaction          11 February 2021 
     -------------------------------  ---------------------------------- 
 f)   Place of the transaction         London Stock Exchange, AIM (XLON) 
     -------------------------------  ---------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             David Hornsby 
                                        Lisa Hornsby 
     -------------------------------  ------------------------------------ 
 2.   Reason for the Notification 
     --------------------------------------------------------------------- 
 a)   Position/status                  Executive Chairman 
                                        PCA of Executive Chairman 
     -------------------------------  ------------------------------------ 
 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                              213800KS1MLITOVNYC85 
     -------------------------------  ------------------------------------ 
 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 
       Financial instrument, 
       type of instrument 
      Identification code              GB00B0CM0C50 
     -------------------------------  ------------------------------------ 
 b)   Nature of the transaction        Transfer for nil consideration from 
                                        David Hornsby to Lisa Hornsby (PCA 
                                        of David Hornsby) 
     -------------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)            Volume(s)   Price (pence) 
                                         1,533,333   n/a 
                                                    -------------- 
     -------------------------------  ------------------------------------ 
 d)        Aggregated information: 
             *    Aggregated volume      n/a 
 
 
             *    Price 
     -------------------------------  ------------------------------------ 
 e)   Date of the transaction          11 February 2021 
     -------------------------------  ------------------------------------ 
 f)   Place of the transaction         Outside of trading venue 
     -------------------------------  ------------------------------------ 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Barnaby Kent 
                                        Plumtree Consultants Ltd 
     -------------------------------  ------------------------------------------- 
 2.   Reason for the Notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status                  Chief Operating Officer 
                                        PCA and company wholly owned by Barnaby 
                                        Kent 
     -------------------------------  ------------------------------------------- 
 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                              213800KS1MLITOVNYC85 
     -------------------------------  ------------------------------------------- 
 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 
       Financial instrument, 
       type of instrument 
      Identification code              GB00B0CM0C50 

     -------------------------------  ------------------------------------------- 
 b)   Nature of the transaction        In specie transfer of Ordinary Shares 
                                        from Barnaby Kent to Plumtree Consultants 
                                        Ltd (PCA of Barnaby Kent) 
     -------------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)            Volume(s)   Price (pence) 
                                         2,530,000   N/A 
                                                    -------------- 
     -------------------------------  ------------------------------------------- 
 d)        Aggregated information: 
             *    Aggregated volume      n/a 
 
 
             *    Price 
     -------------------------------  ------------------------------------------- 
 e)   Date of the transaction          11 February 2021 
     -------------------------------  ------------------------------------------- 
 f)   Place of the transaction         Outside of trading venue 
     -------------------------------  ------------------------------------------- 
 

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February 12, 2021 02:00 ET (07:00 GMT)