Sumo Group PLC Director's Dealings (1416A)

TIDMSUMO

RNS Number : 1416A

Sumo Group PLC

21 December 2017

21 December 2017

Sumo Group plc

("Sumo Group" or the "Company")

Director's Dealings

Sumo Group, announces that, Michael Sherwin, Non-executive Director, has sold and acquired 17,241 ordinary shares of 1 pence each ("Ordinary Shares"). Both transactions took place on 21 December 2017, at a price of 116p per Ordinary Share, as Michael transferred the shares for which he subscribed in the Placing, as set out in the Company's AIM Admission document, into his SIPP.

Following these transactions, Michael's interest in Ordinary Shares is unchanged at 20,000, representing approximately 0.01 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.

 
      Details of the person discharging 
  1    managerial responsibilities 
       / person closely associated 
---  --------------------------------------------- 
 a)   Name               Michael Sherwin 
---  -----------------  -------------------------- 
 2    Reason for the notification 
---  --------------------------------------------- 
 a)   Position/status    Non-executive Director 
---  -----------------  -------------------------- 
 b)   Initial            Initial notification 
       notification 
       /Amendment 
---  -----------------  -------------------------- 
 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        Ordinary shares of 
       of the             GBP0.01 
       financial 
       instrument,        SUMO 
       type of 
       instrument 
       Identification 
       code 
---  -----------------  -------------------------- 
 b)   Nature             Purchase and Sale 
       of the 
       transaction 
---  -----------------  -------------------------- 
 c)   Price(s)              Price(s)    Volume(s) 
       and volume(s)         Purchase     17,241 
                              - 116p 
                           -----------  ---------- 
                            Sale 
                             - 116p      17,241 
                           -----------  ---------- 
---  -----------------  -------------------------- 
 d)   Aggregated 
       information        N/A 
       - Aggregated 
       volume 
       - Price 
---  -----------------  -------------------------- 
 e)   Date of            21 December 2017 
       the transaction 
---  -----------------  -------------------------- 
 f)   Place of           London Stock Exchange, 
       the transaction    AIM 
---  -----------------  -------------------------- 
 
 
 Enquiries: 
 Sumo Group plc                                                                     Tel: [phone] 
                                                                                     6766 
 Carl Cavers, Chief Executive Officer 
 David Wilton, Chief Financial Officer 
 
 Zeus Capital Limited (Nominated Adviser & Broker) 
 Nick Cowles / Richard                                                              Tel: [phone] 
  Darlington                                                                         1512 
 Ben Robertson / John                                                               Tel: [phone] 
  Goold                                                                              5000 
 Belvedere Communications                                                           Tel: [phone] 
  Limited                                                                            0510 
 Cat Valentine ([e-mail]) 
 Kim van Beeck ([e-mail]) 
 

About Sumo Group - www.sumogroupplc.com

Sumo Group's award-winning businesses provide creative and development services to the video games and entertainment industries, from studios in Sheffield, Newcastle, Nottingham, Pune (India) and Vancouver (Canada).

Our operating businesses include Sumo Digital and Atomhawk. Sumo Digital, our primary business, is one of the UK's largest independent developers of AAA-rated video games, providing both turnkey and co-development solutions to an international blue-chip client base. Atomhawk, a complementary business acquired in June 2017, is a multi-award winning visual design company, servicing the games, film and visual effects industries. Together we deliver full-service visual and development solutions, which include initial concepts and pre-production, production and development, and post-release support.

This information is provided by RNS

The company news service from the London Stock Exchange

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December 21, 2017 12:11 ET (17:11 GMT)