Mobile Tornado Group PLC Director/PDMR Shareholding (6892D)

TIDMMBT

RNS Number : 6892D

Mobile Tornado Group PLC

01 February 2018

01 February 2018

Mobile Tornado Group plc

("Mobile Tornado" or the "Group")

DIRECTOR / PDMR SHAREHOLDING

Mobile Tornado (AIM: MBT), the leading provider of instant communication mobile applications to the enterprise market, announces that on 31 January 2018 Peter Wilkinson, Non-Executive Director acquired 2,000,000 ordinary shares in the Group ("Ordinary Shares") at an average price of 5.0 pence per share. As a result, Mr Wilkinson's total holding is now 38,145,141 Ordinary Shares representing 12.78% of the Group's issued share capital.

Mobile Tornado also announces that today Jeremy Fenn, Executive Chairman, transferred 8,000,000 Ordinary Shares from a personal SIPP into his own name. The transaction does not affect Mr Fenn's total holding or the number of Ordinary Shares in which he is beneficially interested.

 
 1.    Details of the person discharging managerial 
        responsibilities/person closely associated 
----  -------------------------------------------------------------- 
 (a)   Name                       1. Peter Wilkinson 
                                   2. Jeremy Fenn 
----  -------------------------  ----------------------------------- 
 2.    Reason for the notification 
----  -------------------------------------------------------------- 
 (a)   Position/status            1. Non-Executive Director 
                                   2. Executive Chairman 
----  -------------------------  ----------------------------------- 
 (b)   Initial notification/      1. Initial notification 
        Amendment                  2. Initial notification 
----  -------------------------  ----------------------------------- 
 3.    Details of the issuer 
----  -------------------------------------------------------------- 
 (a)   Name                       MOBILE TORNADO GROUP PLC 
----  -------------------------  ----------------------------------- 
 (b)   LEI                        213800N3WLD78UBKC521 
----  -------------------------  ----------------------------------- 
 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                1. Ordinary Shares of 2.0 pence 
        of the Financial           each 
        Instrument                 2. Ordinary Shares of 2.0 pence 
                                   each 
----  -------------------------  ----------------------------------- 
 (b)   Identification             ISIN: GB00B01RQV23 
        code of the                TIDM: MBT 
        Financial Instrument 
----  -------------------------  ----------------------------------- 
 (c)   Nature of the              1. Purchase of Ordinary Shares 
        transaction                2. Transfer of Ordinary Shares 
                                   from a personal SIPP to own 
                                   name 
----  -------------------------  ----------------------------------- 
 (d)   Price(s) and               Price(s)       Volume(s) 
        volume(s) 
                                 -------------  -------------------- 
                                  1. 5.0p        1. 2,000,000 
                                   2. N/A         2. 8,000,000 
                                 -------------  -------------------- 
 
 (e)   Aggregated information     N/A 
         *    Aggregated volume 
 
 
        - Price 
----  -------------------------  ----------------------------------- 
 (f)   Date of the                1. 31 January 2018 
        transaction 
                                   2. 01 February 2018 
----  -------------------------  ----------------------------------- 
 (g)   Place of the               1. London Stock Exchange 
        transaction                2. Outside a trading venue 
----  -------------------------  ----------------------------------- 
 

For further details please contact:

 
 Mobile Tornado Group plc        www.mobiletornado.com 
 Jeremy Fenn, Executive          via Walbrook PR 
  Chairman 
  Avi Tooba, Chief Executive 
  Officer 
 
 Investec Bank plc (Nominated 
  Adviser & Broker)              [phone] 
 Andrew Pinder / Carlton 
  Nelson 
 
 Walbrook PR Ltd                 [phone] 
 Paul Cornelius                   or [e-mail] 
 Helen Cresswell 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 01, 2018 10:31 ET (15:31 GMT)