Micro Focus International plc Director/PDMR Shareholding (4599A)

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RNS Number : 4599A

Micro Focus International plc

29 September 2020

29 September 2020

Micro Focus International plc

(the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations

The Company announces that it has been notified by Greg Lock, non-executive Chairman of the Company, that on 28 September 2020 he and his wife, Rosemary Lock, increased their combined shareholding in the Company by 96,500 ordinary shares of 10 pence each in the Company (" Ordinary Shares ") to 535,000 Ordinary Shares.

In aggregate, Mr Lock and his wife sold 126,500 Ordinary Shares and purchased 223,000 Ordinary Shares. Following the transactions, Mr Lock owns 241,000 Ordinary Shares and Mr Lock's wife owns 294,000 Ordinary Shares.

The notification below, made in accordance with the requirements of Article 19 of the EU Market Abuse Regulations, gives further details.

 
 1   Details of the person discharging managerial responsibilities 
a)   Name                        Greg Lock and Rosemary Lock 
2    Reason for the notification 
a)   Position/status             Greg Lock, Chairman (PDMR) and PCA 
                                  to PDMR 
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 the           Ordinary shares of 10 pence each 
      financial instrument, 
      type of instrument           GB00BJ1F4N75 
      Identification code 
b)   Nature of the transaction         1) Sale of Shares by Rosemary Lock 
                                        2) Sale of Shares by Rosemary Lock 
                                        3) Purchase of Shares by Greg Lock 
                                        4) Purchase of Shares by Greg Lock 
                                        5) Sale of Shares by Greg Lock 
                                        6) Sale of Shares by Greg Lock 
                                        7) Purchase of Shares by Rosemary Lock 
                                        8) Purchase of Shares by Rosemary Lock 
                                        9) Purchase of Shares by Greg Lock 
                                        10) Purchase of Shares by Rosemary 
                                        Lock 
                                        11) Purchase of Shares by Greg Lock 
c)   Price(s) and volume(s)       Price(s)                     Volume(s) 
                                    1) Nil (gift to Greg 
                                     Lock)                      83,500 
                                    2) Nil (gift to Greg 
                                     Lock)                      43,000 
                                    3) Nil (gift from Rosemary 
                                     Lock)                      83,500 
                                    4) Nil (gift from Rosemary 
                                     Lock)                      43,000 
                                    5) 246.80p                  83,500 
                                    6) 253.15p                  43,000 
                                    7) 253.15p                  43,000 
                                    8) 246.80p                  77,458 
                                    9) 253.50p                  75,000 
                                    10) 253.50p                 25,000 
                                    11) 257.40p                  2,542 
d)   Aggregated information 
                                   Aggregated Volume  Aggregated Prices 
      - Aggregated volume           1) 83,500          Nil (gift to Greg 
      - Price                                           Lock) 
                                    2) 43,500          Nil (gift to Greg 
                                                        Lock) 
                                    3) 83,500          Nil (gift from Rosemary 
                                                        Lock) 
                                    4) 43,500          Nil (gift from Rosemary 
                                                        Lock) 
                                    5) 83,500          GBP206,078.00 
                                    6) 43,000          GBP108,854.50 
                                    7) 43,000          GBP108,854.50 
                                    8) 77,458          GBP191,166.34 
                                    9) 75,000          GBP190,125.00 
                                    10) 25,000         GBP 63,375.00 
                                    11) 2,542          GBP 6,543.11 
e)   Date of the transaction     25 September 2020: Transactions detailed 
                                  in section 4.b: 1 and 3 
                                  28 September 2020: Transactions detailed 
                                  in section 4.b: 2, 4-11 
f)   Place of the transaction    XLON 
 

Enquiries:

Micro Focus

Tel : [phone]

[e-mail]

Stephen Murdoch, CEO

Brian McArthur- Muscroft , CFO

Ben Donnelly, Head of Investor Relations

Brunswick

Tel : [phone]

[e-mail]

Sarah West

Jonathan Glass

Notes to Editors:

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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September 29, 2020 06:46 ET (10:46 GMT)