Ideagen PLC PDMR Dealing and Total Voting Rights (3345V)

TIDMIDEA

RNS Number : 3345V

Ideagen PLC

02 December 2019

2 December 2019

Ideagen PLC

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

PDMR Dealing and Total Voting Rights

Ideagen PLC (AIM: IDEA), a leading supplier of Information Management software to highly regulated industries, announces that on 29 November 2019 Ian Hepworth, a PDMR and Chief Technology Officer of the Company, exercised 83,000 options over new ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") and subsequently sold 76,000 Ordinary Shares at a price of 180 pence per Ordinary Share to cover the option price and tax costs. Following the exercise and sale Mr. Hepworth's beneficial interest has increased by 7,000 Ordinary Shares to 31,477 Ordinary Shares representing 0.01 per cent. of the total voting rights of the Company.

Application has been made to the London Stock Exchange for the 83,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 6 December 2019.

After Admission, the total number of Ordinary Shares in issue will be 226,270,708 and the total number of voting rights will therefore be 226,270,708. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

 
Ideagen plc                          01629 699100 
David Hornsby, Executive Chairman 
Ben Dorks, Chief Executive Officer 
Graeme Spenceley, 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).

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

With an excellent portfolio of software products including Q-Pulse, Coruson, Pentana Audit and PleaseReview, Ideagen helps its clients reduce costs, improve operational efficiency, strengthen compliance and oversight and anticipate and manage every detail of risk.

Currently, more than 4,700 organisations use Ideagen's products including seven 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 180 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                                             Ian Hepworth 
     -----------------------------------------------  ---------------------------------------------- 
 2.   Reason for the Notification 
     ----------------------------------------------------------------------------------------------- 
 a)   Position/status                                  CTO 
     -----------------------------------------------  ---------------------------------------------- 
 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 Financial                     Ordinary Shares of 1p each 
       instrument, type of instrument 
     -----------------------------------------------  ---------------------------------------------- 
      Identification code                              GB00B0CM0C50 
     -----------------------------------------------  ---------------------------------------------- 
 b)   Nature of the transaction                        Exercise of options 
     -----------------------------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)                            Price(s)     Volume(s) 
                                                         112 pence    83,000 
                                                                     ---------- 
     -----------------------------------------------  ---------------------------------------------- 
 d)   Aggregated information:                          Exercise of options over 83,000 
       -- Aggregated volume                             ordinary shares of 1p each 
       -- Price 
     -----------------------------------------------  ---------------------------------------------- 
 e)   Date of the transaction                          29 November 2019 
     -----------------------------------------------  ---------------------------------------------- 
 f)   Place of the transaction                         Outside trading venue 
     -----------------------------------------------  ---------------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities / person closely associated 
 a)   Name                                              Ian Hepworth 
     ------------------------------------------------  --------------------------------------------- 
 2.   Reason for the Notification 
     ----------------------------------------------------------------------------------------------- 
 a)   Position/status                                   CTO 
     ------------------------------------------------  --------------------------------------------- 
 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 Financial                      Ordinary Shares of 1p each 
       instrument, type of instrument 
     ------------------------------------------------  --------------------------------------------- 
      Identification code                               GB00B0CM0C50 
     ------------------------------------------------  --------------------------------------------- 
 b)   Nature of the transaction                         Sale of Ordinary Shares 
     ------------------------------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)                             Price(s)   Volume(s) 
                                                          180p       76,000 
                                                                    ---------- 
     ------------------------------------------------  --------------------------------------------- 
 d)   Aggregated information:                           Sale of 76,000 ordinary shares 
       -- Aggregated volume                              at 180 pence per share 
       -- Price 
     ------------------------------------------------  --------------------------------------------- 
 e)   Date of the transaction                           29 November 2019 
     ------------------------------------------------  --------------------------------------------- 
 f)   Place of the transaction                          London stock exchange , AIM 
     ------------------------------------------------  --------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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December 02, 2019 06:29 ET (11:29 GMT)