Micro Focus International plc Director/PDMR Shareholding (3382V)

TIDMMCRO

RNS Number : 3382V

Micro Focus International plc

05 April 2019

5 April 2019

Micro Focus International plc ("Micro Focus" or the "Company")

Director / PDMR Shareholding

Director Increases Shareholding through Exercise of Options

Micro Focus International plc (the "Company", LSE: MCRO.L, NYSE: MFGP) announces that Kevin Loosemore, Executive Chairman, has further increased his shareholding in the Company by 296,672 shares to a total of 1,545,305 shares by exercising 560,756 nil cost option awards under the Micro Focus Incentive Plan 2005, of which 264,084 shares were sold to cover tax and NIC liabilities and commission charges.

Notification of transaction by PDMRs

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                          KEVIN LOOSEMORE (PERSON DISCHARGING MANAGERIAL 
                                      RESPONSIBILITIES) 
      ----------------------------  ----------------------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------- 
 a)    Position/status               DIRECTOR 
      ----------------------------  ----------------------------------------------------- 
 b)    Initial notification          INITIAL NOTIFICATION 
        /Amendment 
      ----------------------------  ----------------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------------- 
 a)    Name                          MICRO FOCUS INTERNATIONAL PLC 
      ----------------------------  ----------------------------------------------------- 
 b)    LEI                           213800F8E4X648142844 
      ----------------------------  ----------------------------------------------------- 
 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 10 PENCE EACH 
        the financial instrument, 
        type of instrument 
 
 
        Identification                GB00BD8YM01 
        code 
      ----------------------------  ----------------------------------------------------- 
 b)    Nature of the transaction          1. ACQUISITION OF ORDINARY SHARES OF 10 PENCE 
                                           EACH FOLLOWING THE EXERCISE OF OPTIONS UNDER 
                                           THE MICRO FOCUS INCENTIVE PLAN 2005 
                                           2. SALE OF A PROPORTION OF THE ABOVE ACQUIRED 
                                           ORDINARY SHARES IN ORDER TO COVER TAX AND 
                                           NIC LIABILITIES AND COMMISSION CHARGES ARISING 
                                           ON EXERCISE OF THE ABOVE NOTED OPTIONS 
      ----------------------------  ----------------------------------------------------- 
 c)    Price(s) and volume(s)          Price(s)                    Volume(s) 
                                             1. Nil pence per       560,756 ordinary 
                                              ordinary share         shares 
                                                                   ----------------- 
                                             2. GBP19.45789 pence   264,084 ordinary 
                                              per ordinary share     shares 
                                                                   ----------------- 
      ----------------------------  ----------------------------------------------------- 
 d)    Aggregated information 
 
        - Aggregated volume            N/A 
 
        - Price                        N/A 
      ----------------------------  ----------------------------------------------------- 
 e)    Date of the transaction       5 April 2019 
      ----------------------------  ----------------------------------------------------- 
 f)    Place of the transaction      London Stock Exchange 
 
                                      XLON 
      ----------------------------  ----------------------------------------------------- 
 

Enquiries:

 
 Micro Focus                Tel: [phone] 
 Tim Brill, IR Director 
 Ben Donnelly, IR Manager 
 
 
 Powerscourt         Tel: [phone] 
 Elly Williamson 
 Celine MacDougall 
 

About Micro Focus

Micro Focus (LSE: MCRO.L, NYSE: MFGP) is a global enterprise software company supporting the technology needs and challenges of the Global 2000. Our solutions help organizations leverage existing IT investments, enterprise applications and emerging technologies to address complex, rapidly evolving business requirements while protecting corporate information at all times. Our product portfolios are Security, IT Operations Management, Application Delivery Management, Information Management & Governance and Application Modernization & Connectivity. For more information, visit: www.microfocus.com

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April 05, 2019 11:00 ET (15:00 GMT)