Sumo Group PLC Directors' Dealings (5924A)

TIDMSUMO

RNS Number : 5924A

Sumo Group PLC

22 January 2020

22 January 2020

Sumo Group plc

("Sumo Group" or the "Company")

Directors' Dealings

Sumo Group announces that Carl Cavers, Chief Executive Officer, and Paul Porter, Chief Operating Officer, have each sold 500,000 ordinary shares of 1 penny each in the Company ("Ordinary Shares") and that David Wilton, Chief Financial Officer has purchased 5,000 Ordinary Shares.

These sales and purchase took place on 22 January 2020. The sales took place at a price of 195 pence per Ordinary Share and the purchase took place at a price of 199.8731 pence per Ordinary Share.

Following these transactions, Carl Cavers' interest in Ordinary Shares is 4,650,116 representing 3.09 per cent. of the Company's issued Ordinary Share capital, Paul Porter's interest in Ordinary Shares is 4,503,724 representing 2.99 per cent. of the Company's issued Ordinary Share capital and David Wilton's interest in Ordinary Shares is 335,709 representing 0.22 per cent. of the Company's issued Ordinary Share capital.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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                                  Carl Cavers 
 
 2    Reason for the notification 
 a)   Position/status                       Chief Executive Officer 
 b)   Initial notification /Amendment       Initial notification 
 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
 a)   Name                                  Sumo Group plc 
 b)   LEI                                    213800LTZXJCG5QKIM14 
 
 
 
 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 financial instrument,         Ordinary shares of GBP0.01 
        type of instrument 
       Identification code                              SUMO 
 b)    Nature of transaction                            Sale 
 c)    Price(s) and volume(s)                           Price          Volume 
                                                        195p           500,000 
 d)    Aggregated information                            N/A 
        - Aggregated volume 
        - Price 
 e)    Date of the transaction                          22 January 2020 
 f)    Place of the transaction                         London Stock Exchange, 
                                                         AIM 
 

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                                  Paul Porter 
 
 2    Reason for the notification 
 a)   Position/status                       Chief Operating Officer 
 b)   Initial notification /Amendment       Initial notification 
 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
 a)   Name                                  Sumo Group plc 
 b)   LEI                                    213800LTZXJCG5QKIM14 
 
 
 
 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 financial instrument,         Ordinary shares of GBP0.01 
        type of instrument 
       Identification code                              SUMO 
 b)    Nature of transaction                            Sale 
 c)    Price(s) and volume(s)                           Price          Volume 
                                                        195p           500,000 
 d)    Aggregated information                            N/A 
        - Aggregated volume 
        - Price 
 e)    Date of the transaction                          22 January 2020 
 f)    Place of the transaction                         London Stock Exchange, 
                                                         AIM 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                  David Wilton 
 
 2    Reason for the notification 
 a)   Position/status                       Chief Financial Officer 
 b)   Initial notification /Amendment       Initial notification 
 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
 a)   Name                                  Sumo Group plc 
 b)   LEI                                    213800LTZXJCG5QKIM14 
 
 
 
 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 financial instrument,       Ordinary shares of GBP0.01 
        type of instrument 
       Identification code                            SUMO 
 b)    Nature of transaction                          Purchase 
 c)    Price(s) and volume(s)                         Price             Volume 
                                                      199.8731p         5,000 
 d)    Aggregated information                          N/A 
        - Aggregated volume 
        - Price 
 e)    Date of the transaction                        22 January 2020 
 f)    Place of the transaction                       London Stock Exchange, 
                                                       AIM 
 
 
Enquiries: 
 
Sumo Group plc                              Tel: [phone] 
Carl Cavers, Chief Executive Officer 
David Wilton, Chief Financial Officer 
 
Zeus Capital Limited (Nominated Adviser 
 & Broker) 
Nick Cowles / Andrew Jones                  Tel: [phone] 
Ben Robertson / John Goold                  Tel: [phone] 
 
Belvedere Communications Limited 
Cat Valentine ([e-mail])  Tel: [phone] 
Keeley Clarke ([e-mail])     Tel: [phone] 
Llew Angus ([e-mail])         Tel: [phone] 
 

About Sumo Group - www.sumogroupplc.com

Sumo Group's businesses provide acclaimed development and design services to the video games and entertainment industries from studios in the UK, India, and Canada.

Sumo Digital, as the group's primary business, is one of the UK's largest independent developers of AAA-rated video games, having studios in Sheffield, Newcastle, Nottingham, Brighton, Leeds, Leamington Spa, Warrington and Pune, India. The business has acquired two studios since IPO, which operate under their own names, BAFTA award-winning The Chinese Room and Red Kite Games. Sumo Digital provides turnkey and co-development solutions to a global blue-chip client base.

Atomhawk is a multi-award-winning visual design company, with studios in Newcastle and in Vancouver (Canada), servicing the games, film and visual effects industries.

Together, the Group delivers full-spectrum visual and development solutions, which include initial visual concepts, conceiving new products and game development involving all aspects of pre-production, production & development, as well as supporting games as a service.

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 [e-mail] or visit www.rns.com.

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January 22, 2020 05:23 ET (10:23 GMT)