ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

LOOP Loopup Group Plc

0.65
-0.04 (-5.80%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Loopup Group Plc LSE:LOOP London Ordinary Share GB00BYQP6S60 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.04 -5.80% 0.65 0.60 0.70 0.695 0.65 0.65 2,399,104 08:33:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computers & Software-whsl 16.48M -21.8M -0.1102 -0.06 1.29M

LoopUp Group PLC Grant of Options (2245B)

05/06/2019 10:39am

UK Regulatory


Loopup (LSE:LOOP)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Loopup Charts.

TIDMLOOP

RNS Number : 2245B

LoopUp Group PLC

05 June 2019

5 June 2019

LOOPUP GROUP PLC

("LoopUp Group" or the "Group")

Grant of Options

LoopUp Group plc (LSE AIM: LOOP), the premium remote meetings company, announces that the Group's Remuneration Committee and the Board have approved the grant of 1,078,750 options ("New Options") over ordinary shares of 0.5 pence each ("Ordinary Shares") to 104 employees, including Executive Directors and PDMRs, pursuant to the Group's existing share option schemes.

All New Options were granted with an exercise price of 317.5 pence each, being the closing middle market price on 4 June 2019. The New Options will vest over four years, one quarter at the end of year one and then three quarters on a monthly basis over years two to four.

The grant of 1,078,750 New Options equates to 1.95% of the Group's current issued share capital. In total, 5,484,784 options ("Total Options") now remain outstanding, which equates to 9.9% of the Group's current issued share capital. The Group's current total number of ordinary shares in issue is 55,245,182.

The Board of the Group considers annual grants of share options to be an effective and important mechanism to incentivise and retain key employees of the Group and to align them with shareholder interests.

New Options granted to Director / PDMRs

The following PDMRs of the Group were granted share options, which are included in the totals above:

 
                                                      Options                              Shares 
-----------  ----------------------  -----------------------------------------  ---------------------------- 
                                                 Total number          Options 
                                           New     of options          as % of 
                                       Options      held post           issued       Number      % of issued 
 Name         Title                    granted          grant    share capital    of shares    share capital 
-----------  ----------------------  ---------  -------------  ---------------  -----------  --------------- 
 Steve 
  Flavell     co-CEO, Director          60,000        180,000            0.33%    2,527,294            4.57% 
 Michael 
  Hughes      co-CEO, Director          60,000      1,060,000            1.92%    2,457,294            4.45% 
 Simon 
  Healey      CFO, Director             35,000        165,000            0.30%       20,000            0.04% 
 Marcus 
  Greensit    COO, PDMR                 60,000        480,000            0.87%      150,000            0.27% 
 Robert 
  Jardine     CMO, PDMR                 37,500        107,500            0.20%            -                - 
 Alex 
  Breen       CPO, PDMR                 37,500        217,718            0.39%      451,707            0.82% 
 Benjamin     VP Group Commercial, 
  Fried        PDMR                     35,000         95,000            0.17%            -                - 
              VP Network 
 David         Operations, 
  Carroll      PDMR                     35,000         95,000            0.17%            -                - 
 Koorosh      VP Engineering, 
  Nouri        PDMR                     20,000         60,000            0.11%            -                - 
 Edward       General Counsel, 
  Cooper       PDMR                     20,000         60,000            0.11%            -                - 
 

The FCA notification, made in accordance with the requirements of the EU Market Abuse Regulation is appended below.

For further information:

 
 LoopUp Group PLC                                   via FTI Consulting, 
                                                     LLP 
 Steve Flavell, co-CEO 
 
                                                    +44 (0) 20 7886 
 Panmure Gordon (UK) Limited                         2500 
 Dominic Morley / Alina Vaskina (Corporate 
  Finance) 
 Erik Anderson (Corporate Broking) 
 
 Numis Securities Limited 
                                                    +44 (0) 20 7260 
 Simon Willis / Jonny Abbott (Corporate Finance)     1000 
 Tom Ballard (Corporate Broking) 
 
                                                    +44 (0) 20 3727 
 FTI Consulting, LLP                                 1000 
 Matt Dixon / Harry Staight 
 

About LoopUp Group plc

LoopUp (LSE AIM: LOOP) is a premium remote meetings solution. Streamlined and intuitive, LoopUp is built to give mainstream business professionals a better and more productive experience than basic dial-in conferencing, while delivering the quality, security and reliability required in the enterprise. One-click screen sharing and integration with tools business people use every day, like Outlook(TM), make it easy for LoopUp users to collaborate in real time. LoopUp's award-winning SaaS solution doesn't overwhelm users with features and doesn't require training. Over 2,000 enterprises worldwide, including Travelex, Kia Motors America, Planet Hollywood, National Geographic and Clifford Chance trust LoopUp with their remote meetings.

The Group is headquartered in London, with offices in San Francisco, New York, Boston, Chicago, Dallas, Los Angeles, Atlanta, Denver, Cardiff, Milton Keynes, Madrid, Berlin, Malmo, Hong Kong, Sydney and Barbados, and is listed on the AIM market of the London Stock Exchange (LOOP). For further information, please visit: www.loopup.com.

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

 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Names                       1. Steve Flavell, co-CEO, Director 
                                    2. Michael Hughes, co-CEO, Director 
                                    3. Simon Healey, CFO, Director 
                                    4. Marcus Greensit, COO, PDMR 
                                    5. Robert Jardine, CMO, PDMR 
                                    6. Alex Breen, CPO, PDMR 
                                    7. Benjamin Fried, VP Group Commercial, 
                                    PDMR 
                                    8. David Carroll, VP Network Operations, 
                                    PDMR 
                                    9. Koorosh Nouri, VP Engineering, PDMR 
                                    10. Edward Cooper, General Counsel, PDMR 
      --------------------------  ------------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------- 
 a)    Position/status             Classified as PDMRs of the Company 
      --------------------------  ------------------------------------------- 
 b)    Initial notification        Initial Notification 
        /Amendment 
      --------------------------  ------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------- 
 a)    Name                        LoopUp Group plc 
      --------------------------  ------------------------------------------- 
 b)    LEI                         21380063DQ4WXDQLYB80 
      --------------------------  ------------------------------------------- 
 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          Options over Ordinary Shares of 0.5p 
        financial instrument,       each 
        type of instrument 
      --------------------------  ------------------------------------------- 
 b)    Identification code         GB00BYQP6S60 
      --------------------------  ------------------------------------------- 
 c)    Nature of the transaction    Grant of New Options 
      --------------------------  ------------------------------------------- 
 d)    Price(s) and volume(s)       Price(s)     Volume(s) 
                                     1. 317.5p    60,000 New Options 
                                                 ------------------- 
                                     2. 317.5p    60,000 New Options 
                                                 ------------------- 
                                     3. 317.5p    35,000 New Options 
                                                 ------------------- 
                                     4. 317.5p    60,000 New Options 
                                                 ------------------- 
                                     5. 317.5p    37,500 New Options 
                                                 ------------------- 
                                     6. 317.5p    37,500 New Options 
                                                 ------------------- 
                                     7. 317.5p    35,000 New Options 
                                                 ------------------- 
                                     8. 317.5p    35,000 New Options 
                                                 ------------------- 
                                     9. 317.5p    20,000 New Options 
                                                 ------------------- 
                                     10. 317.5p   20,000 New Options 
                                                 ------------------- 
      --------------------------  ------------------------------------------- 
 d)    Aggregated information      1,078,750 New Options over ordinary shares 
        - Aggregated volume         317.5p 
        - Price 
      --------------------------  ------------------------------------------- 
 e)    Date of the transaction     4 June 2019 
      --------------------------  ------------------------------------------- 
 f)    Place of the transaction    London Stock Exchange 
      --------------------------  ------------------------------------------- 
 

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 rns@lseg.com or visit www.rns.com.

END

DSHSSISUIFUSEDM

(END) Dow Jones Newswires

June 05, 2019 05:39 ET (09:39 GMT)

1 Year Loopup Chart

1 Year Loopup Chart

1 Month Loopup Chart

1 Month Loopup Chart

Your Recent History

Delayed Upgrade Clock