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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tpximpact Holdings Plc | LSE:TPX | London | Ordinary Share | GB00BGGK0V60 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 33.00 | 32.00 | 34.00 | 33.00 | 33.00 | 33.00 | 3,072 | 08:00:17 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Consulting Svcs,nec | 83.71M | -17.56M | -0.1944 | -1.70 | 29.8M |
TIDMTPX
RNS Number : 2384B
Panoply Holdings PLC (The)
09 June 2021
9 June 2021
The Panoply Holdings PLC
("The Panoply", or the "Group")
Issue of Shares and PDMR dealings
The Panoply Holdings PLC, the technology-enabled services group focused on digital transformation, announces that the Group has today issued 229,452 new ordinary shares of 1 pence each in respect of outstanding acquisition consideration totalling GBP637,339 ("Earnout Shares") and 3,400 new ordinary shares of 1 pence in respect of the Share Incentive Plan ("SIP").
The SIP Trustees (Cytec Trustees Limited) acquired a total of 3,400 shares (the "Partnership Shares") on 8 June 2021 at a price of GBP2.88 per Ordinary Share and total cost of GBP9,792. The Partnership Shares were acquired by purchase in the market and allocated to those Group employees participating in its Share Incentive Plan (SIP) scheme. As set out at the time of the announcement of The Panoply's interim results on 30 November 2020, this SIP Plan is designed to reward and incentivise employees of the Group through tax-efficient salary sacrifice and a free matching award of Ordinary Shares on a one-for-one basis. Accordingly, on 9 June 2021, the SIP Trustees also allocated a total of 3,400 matching shares (the "Matching Shares") under the SIP. The Matching Shares are covered by the Group's block listing as announced on 15 January 2021.
Neal Gandhi and Oliver Rigby received Earnout Shares in respect of the acquisitions, together with Partnership Shares and Matching Shares under the SIP as follows:
Name Earnout Partnership Matching Total Shares post Percentage Shares Shares acquired Shares issue (including of issued issued issued shares held by share capital the SIP on behalf of the relevant PDMR) Neal Gandhi 40,653 5 2 5 2 10, 197,797 12.5% -------- ----------------- --------- ------------------- --------------- Oliver Rigby 1,086 5 2 5 2 5, 101,878 6.3% -------- ----------------- --------- ------------------- ---------------
Remaining value of acquisition consideration to be issued
Following the issue, the Company has additional consideration to pay totalling GBP 7,798,537. The maximum further shares to be issued as a result of this consideration is 10,005,010, which reduces to 2,689,151 assuming the share price remained constant at GBP2.90, being the closing mid-market price on 3 June 2021. Further details of the share issues are set out below:
Value Minimum share Max shares to Shares to be issued calculated GBP'000s price be issued '000s based on price of GBP2. 90 4,028 74p 5,442 1,389 -------------- ----------------- ------------------------------- 1,306 82p 1,593 450 -------------- ----------------- ------------------------------- 478 82.5p 580 165 -------------- ----------------- ------------------------------- 1,987 83.125p 2,390 685 -------------- ----------------- ------------------------------- 7,799 10,005 2,689 -------------- ----------------- ------------------------------- Timing of payment of acquisition Value GBP'000s consideration Within the next 6 months 3,600 -------------- Between 6-12 months 2,207 -------------- After 12 months 1,992 --------------
Admission to trading and total voting rights
An application has been made for the admission of the Earnout Shares to trading on AIM which is expected to take place on or around 14 June 2021. The Matching Shares are covered by the Group's block listing as announced on 15 January 2021.
Following this issue of Earnout Shares and Matching Shares the Company will have 81,381,026 Ordinary Shares in issue and no Ordinary Shares in treasury. Therefore, the total voting rights in The Panoply will be 81,381,026. T his figure may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Group under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
The Panoply Holdings Via Alma PR Neal Gandhi (CEO) Oliver Rigby (CFO) Stifel Nicolaus Europe Limited +44 (0)207 710 (Nomad and Joint Broker) 7600 Fred Walsh Alex Price Dowgate Capital Limited (Joint Broker) James Serjeant +44 (0)203 903 David Poutney 7715 Alma PR panoply@almapr.co.uk (Financial PR) +44(0)203 405 Susie Hudson 0209 Josh Royston Harriet Jackson
About The Panoply
The Panoply is a digitally native technology services company, built to service clients' digital transformation needs. Founded in 2016, with the aim of identifying and acquiring best-of-breed specialist information technology, design and innovation consulting businesses across Europe, the Group collaborates with its clients to deliver the technology outcomes they're looking for at the pace that they expect and demand.
More information is available at www.thepanoply.com
1 Details of the person discharging managerial responsibilities / person closely associated a) Name Neal Gandhi ------------------------- -------------------------------------------------- 2 Reason for the notification ------------------------- ---------------------------------------------------- a) Position/status Chief Executive Officer ------------------------- -------------------------------------------------- b) Initial notification Initial notification /Amendment ------------------------- -------------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------- ---------------------------------------------------- a) Name The Panoply Holdings Plc ------------------------- -------------------------------------------------- b) LEI 2138004S9O18Q6F9MS74 ------------------------- -------------------------------------------------- 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 Ordinary Shares the financial instrument, type of instrument Identification ISIN: GB00BGGK0V60 code ------------------------- -------------------------------------------------- b) Nature of the Receipt of vendor consideration shares and transaction purchase and allocation of Partnership and Matching Shares, respectively, under The Panoply Holdings PLC Share Incentive Plan ------------------------- -------------------------------------------------- ---- c) Price(s) and volume(s) Earnout Shares: 5,432 ordinary shares at 275.00p 35,221 ordinary shares at 284.15p Matching Shares: 52 ordinary shares at 288p Partnership Shares: 52 ordinary shares at 288p -------------------------------------------------- d) Aggregated information Earnout Shares: 40,653 shares GBP115,018 - Aggregated volume Matching Shares: 52 shares GBP150 - Price Partnership Shares: 52 shares GBP150 ------------------------- -------------------------------------------------- e) Date of the transaction 09 June 2021 ------------------------- -------------------------------------------------- f) Place of the transaction Earnout Shares and Matching Shares took place outside a trading venue Partnership Shares acquired on AIM ------------------------- -------------------------------------------------- 1 Details of the person discharging managerial responsibilities / person closely associated
------------------------- ---------------------------------------------------- a) Name Oliver Rigby ------------------------- -------------------------------------------------- 2 Reason for the notification ------------------------- ---------------------------------------------------- a) Position/status Chief Financial Officer ------------------------- -------------------------------------------------- b) Initial notification Initial notification /Amendment ------------------------- -------------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------- ---------------------------------------------------- a) Name The Panoply Holdings Plc ------------------------- -------------------------------------------------- b) LEI 2138004S9O18Q6F9MS74 ------------------------- -------------------------------------------------- 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 Ordinary Shares the financial instrument, type of instrument Identification ISIN: GB00BGGK0V60 code ------------------------- -------------------------------------------------- b) Nature of the Receipt of vendor consideration shares and transaction purchase and allocation of Partnership and Matching Shares, respectively, under The Panoply Holdings PLC Share Incentive Plan ------------------------- -------------------------------------------------- ---- c) Price(s) and volume(s) Earnout Shares: 1,086 ordinary shares at 275.00p Matching Shares: 52 ordinary shares at 288p Partnership Shares: 52 ordinary shares at 288p -------------------------------------------------- d) Aggregated information Earnout Shares: 1,086 shares GBP2,986 - Aggregated volume Matching Shares: 52 shares GBP150 - Price Partnership Shares: 52 shares GBP150 ------------------------- -------------------------------------------------- e) Date of the transaction 09 June 2021 ------------------------- -------------------------------------------------- f) Place of the transaction Earnout Shares and Matching Shares took place outside a trading venue Partnership Shares acquired on AIM ------------------------- --------------------------------------------------
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June 09, 2021 02:00 ET (06:00 GMT)
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