NetDimensions (Holdings) Limited Director/PDMR Shareholding (2545Z)

TIDMNETD

RNS Number : 2545Z

NetDimensions (Holdings) Limited

13 March 2017

13 March 2017

NetDimensions (Holdings) Limited

("NetDimensions" or the "Company)

Director/PDMR Shareholding

NetDimensions (AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge and learning management systems, was informed on 10 March 2017 that Jay Shaw, Chief Executive Officer of the Company, has cancelled his holding of 62,000 American Depository Receipts ("ADRs"). The ADRs were returned to 310,000 ordinary shares at a ratio of 5 ordinary shares to 1 ADR. The conversion was undertaken as a straight swap with no price consideration being applicable.

Following the cancellation and conversion, Mr Shaw's holding in the share capital of the Company is unchanged at 4,816,500 ordinary shares, representing 9.39% of the total issued share capital of the Company.

There is no change to the issued share capital of the Company which currently stands at 51,273,865 ordinary shares with voting rights.

Enquiries:

 
 NetDimensions (Holdings)        Tel: [phone] 
  Limited 
 Jay Shaw 
  Matthew Chaloner 
 
 Panmure Gordon (UK) Limited     Tel: [phone] 
  (Nomad & Broker) 
 Andrew Godber 
 Peter Steel 
  Erik Anderson 
 
 Walbrook PR Ltd (Financial      Tel: [phone] 
  Public Relations) 
 Paul Cornelius                  Or [e-mail] 
 Sam Allen 
 Nick Rome 
 Helen Cresswell 
 

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

 
  1    Details of the person discharging managerial 
        responsibilities / person closely associated 
----  --------------------------------------------------------- 
 a)    Name                 Jay Shaw 
----  -------------------  ------------------------------------ 
 2     Reason for the notification 
----  --------------------------------------------------------- 
 a)    Position/status      Chief Executive Officer 
----  -------------------  ------------------------------------ 
 b)    Initial              Initial Notification 
        notification 
        /Amendment 
----  -------------------  ------------------------------------ 
 3     Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or 
        auction monitor 
----  --------------------------------------------------------- 
 a)    Name                 NetDimensions (Holdings) Limited 
----  -------------------  ------------------------------------ 
 b)    LEI                  213800SS8XJDH5CGZ730 
----  -------------------  ------------------------------------ 
 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          Ordinary shares 
        of the financial 
        instrument, 
        type of              KYG6427F1019 
        instrument 
        Identification 
        code 
----  -------------------  ------------------------------------ 
 b)    Nature of            Conversion of interests in American 
        the transaction      Depository Receipts ("ADRs") 
----  -------------------  ------------------------------------ 
 c)    Price(s)               Price(s)    Volume(s) 
        and volume(s)         ----------  ---------- 
                               -           310,000 
                              ----------  ---------- 
----  -------------------  ------------------------------------ 
 d)    Aggregated           62,000 ADRs converted into 310,000 
        information          ordinary shares 
        - Aggregated 
        volume 
        - Price 
----  -------------------  ------------------------------------ 
       Date of 
 e)     the transaction     08-03-17 
----  -------------------  ------------------------------------ 
 f)    Place of             Outside a trading venue 
        the transaction 
----  -------------------  ------------------------------------ 
 

Name of authorised official of issuer responsible for making notification:

Janet Luk

Company Secretary to NetDimensions (Holdings) Limited

About NetDimensions

Established in 1999, NetDimensions (AIM: NETD; OTCQX: NETDY) is a global provider of learning, knowledge and performance management solutions to highly regulated industries.

NetDimensions provides companies, government agencies and other organisations with talent management solutions to personalise learning, share knowledge, enhance performance, and manage compliance programmes for employees, customers, partners and suppliers.

NetDimensions' solutions also include custom content and learning portal development services, as well as off-the-shelf course libraries and regulatory compliance courseware developed by NetDimensions' subject matter experts and content partners.

NetDimensions' award-winning solutions have been chosen by leading organisations worldwide including ING, Cathay Pacific, Chicago Police Department, Geely Automotive, Fugro Group, Fresenius Medical Care, tesa SE, and DB Schenker.

NetDimensions is ISO 9001 certified and NetDimensions' Secure SaaS practices are ISO 27001 certified.

For more information, visit www.netdimensions.com or follow @netdimensions on Twitter.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 13, 2017 04:27 ET (08:27 GMT)