Immotion Group PLC Director Shareholdings (2429O)

TIDMIMMO

RNS Number : 2429O

Immotion Group PLC

28 May 2020

Immotion Group plc

("Immotion Group", the "Company" or "the Group")

Director Shareholdings

Immotion Group plc, the UK-based immersive virtual reality ("VR") 'Out of Home' entertainment business, is pleased to announce further to the announcement on 6 May 2020, Admission of the New Ordinary Shares took place on 27 May 2020 ("Admission").

As a result of the Admission of New Ordinary Shares and resultant dilution, as at 27 May 2020, the interests of the Directors in the share capital of the Company immediately following Admission, are set out below:

 
          Interests immediately following Admission 
 Directors           Number of shares   Percentage of issued 
                                         share capital 
                    -----------------  --------------------- 
 Martin Higginson       24,026,945             6.33% 
                    -----------------  --------------------- 
 Rodney Findley         10,084,349             2.66% 
                    -----------------  --------------------- 
 David Marks            9,767,580              2.57% 
                    -----------------  --------------------- 
 Sir Robin Miller        350,024               0.09% 
                    -----------------  --------------------- 
 Nicholas Lee            239,225               0.06% 
                    -----------------  --------------------- 
 

The Directors continue to hold share options to acquire, in aggregate, a total of 4,950,000 New Ordinary Shares in the capital of the Company.

Enquiries:

 
 Immotion Group              Martin Higginson     Tel: +44 (0) 161 
                                                   235 8505 
 WH Ireland Limited          Corporate Finance:   Tel: +44 (0) 207 
  (Nomad and Joint Broker)    Adrian Hadden        220 1666 
                              Darshan Patel 
                              Matthew Chan 
 
                              Sales / Corporate 
                              Broking: 
                              Jasper Berry 
                              Hayley Richardson 
                              David Kilbourn 
 Alvarium Capital Partners   Alex Davies          Tel: +44 (0) 207 
  Limited                                          195 1458 
  (Joint Broker) 
 Shard Capital Partners      Damon Heath          Tel: +44 (0) 207 
  Limited                     Erik Woolgar         186 9900 
  (Joint Broker) 
 

This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

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.

END

DSHAPMBTMTBTBMM

(END) Dow Jones Newswires

May 28, 2020 07:11 ET (11:11 GMT)