ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

TPX Tpximpact Holdings Plc

33.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
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 4,961 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Consulting Svcs,nec 83.71M -17.56M -0.1944 -1.70 29.8M

TPXimpact Holdings PLC Issue of Shares and PDMR dealings / TVR (3608L)

13/05/2022 7:01am

UK Regulatory


Tpximpact (LSE:TPX)
Historical Stock Chart


From Apr 2022 to Apr 2024

Click Here for more Tpximpact Charts.

TIDMTPX

RNS Number : 3608L

TPXimpact Holdings PLC

13 May 2022

13 May 2022

T PXimpact Holdings PLC

( "TPX", "T PXimpact ", or the "Company")

Issue of Shares and PDMR dealings

T PXimpact Holdings PLC, the technology-enabled services company focused on digital transformation, announces that the Company has today issued 96,839 new ordinary shares of 1 pence each in respect of outstanding acquisition consideration totalling GBP192,280 ("Earnout Shares") and 7,001 new ordinary shares of 1 pence in respect of the Share Incentive Plan ("SIP").

The SIP Trustees (Cytec Trustees Limited) acquired a total of 7,001 shares (the "Partnership Shares") on 8 May 2022 at a price of GBP1.90 per Ordinary Share and total cost of GBP13,302. The Partnership Shares were acquired by purchase in the market and allocated to those Company employees participating in its Share Incentive Plan (SIP) scheme. As set out at the time of the announcement of TPXimpact's interim results on 30 November 2020, this SIP Plan is designed to reward and incentivise employees of the Company through tax-efficient salary sacrifice and a free matching award of Ordinary Shares on a one-for-one basis. Accordingly, on 8 May 2022, the SIP Trustees also allocated a total of 7,001 matching shares (the "Matching Shares") under the SIP. The Matching Shares are covered by the Company'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    45,238    79                 79         8,755,776            9.8% 
           --------  -----------------  ---------  -------------------  --------------- 
 Oliver 
  Rigby     0         79                 79         4,203,010            4.7% 
           --------  -----------------  ---------  -------------------  --------------- 
 

Remaining value of acquisition consideration to be issued

Following the issue, the Company has additional consideration to pay totalling GBP 3,180,940. The maximum further shares to be issued as a result of this consideration is 3,939,547 which reduces to 1,570,835 assuming the share price remained constant at GBP2.025, being the closing mid-market price on 3 May 2022. 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 GBP 2.025 
       577             74p                780                              285 
            --------------  -----------------  ------------------------------- 
     1,587             82p              1,936                              784 
            --------------  -----------------  ------------------------------- 
       119           82.5p                144                               59 
            --------------  -----------------  ------------------------------- 
       898         83.125p              1,080                              443 
            --------------  -----------------  ------------------------------- 
     3,181                              3,940                            1,571 
            --------------  -----------------  ------------------------------- 
 
 
Timing of payment of acquisition    Value GBP'000s 
 consideration 
Within the next 6 months                     2,117 
                                   --------------- 
Between 6-12 months                            532 
                                   --------------- 
After 12 months                                532 
                                   --------------- 
 

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 18 May 2022. The Matching Shares are covered by the Company's block listing as announced on 15 January 2021.

In April 2022, it was announced that 8,509 shares matching shares under the Company's block listing were allocated by the SIP Trustees on the 8 April 2022. TPX has been subsequently informed by Cytec Trustees Limited that of these 8,509 shares, only 495 shares were newly allocated, with 8,014 existing shares being re-allocated from employees no longer participating in the SIP and should therefore be removed from the calculation of TPXimpact's total voting rights.

Therefore, following this issue of Earnout Shares and Matching Shares (less the 8,014 shares mentioned above) the Company will have 89,551,716 Ordinary Shares in issue and no Ordinary Shares in treasury. Therefore, the total voting rights in TPXimpact will be 89,551,716. 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 Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

 
 TPXimpact Holdings          Via Alma PR 
   Neal Gandhi (CEO) 
   Oliver Rigby (CFO) 
 
   Stifel Nicolaus Europe      +44 (0)207 710 
   Limited                     7600 
   (Nomad and Joint Broker) 
  Alex Price 
   Fred Walsh 
 
   Dowgate Capital Limited 
   (Joint Broker) 
   James Serjeant              +44 (0)203 903 
   David Poutney               7715 
  Alma PR                     tpx@almapr.co.uk 
   (Financial PR)              +44(0)203 405 
   Susie Hudson                0209 
   Kieran Breheny 
   Matthew Young 
 

About TPXimpact

TPXimpact exists to transform the organisations, services and systems that underpin society and that drive business success. It applies strategic and creative thinking, technology, innovative design and user-centred approaches to bring about numerous improvements which together multiply the impact of change. The Company works closely with its clients in agile, multidisciplinary teams that span organisational design, technology, and digital experiences. It shares a deep understanding of people and behaviours and a philosophy of putting people and communities at the heart of every transformation.

The business is being increasingly recognised as a leading alternative digital transformation provider to the UK public services sector, with c.75% of its client base representing the public sector and c.25% representing the commercial sector.

More information is available at www.tpximpact.com .

 
                                 Details of the person discharging managerial 
  1                               responsibilities / person closely associated 
 a)   Name                         Neal Gandhi 
     -------------------------    -------------------------------------------------- 
                                 Reason for the notification 
  2 
     -------------------------  ---------------------------------------------------- 
 a)   Position/status              Chief Executive Officer 
     -------------------------    -------------------------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     -------------------------    -------------------------------------------------- 
                                 Details of the issuer, emission allowance 
  3                               market participant, auction platform, auctioneer 
                                  or auction monitor 
     -------------------------  ---------------------------------------------------- 
 a)   Name                         TPXimpact Holdings Plc 
     -------------------------    -------------------------------------------------- 
 b)   LEI                          2138004S9O18Q6F9MS74 
     -------------------------    -------------------------------------------------- 
                                 Details of the transaction(s): section to 
  4                               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 TPXimpact 
                                    Holdings PLC Share Incentive Plan 
     -------------------------    -------------------------------------------------- 
 c)   Price(s) and volume(s)       Earnout Shares: 
 
                                    45,238 ordinary shares at 198.50p 
 
                                    Matching Shares: 
 
                                    79 ordinary shares at 190p 
 
                                    Partnership Shares: 
 
                                    79 ordinary shares at 190p 
     -------------------------    -------------------------------------------------- 
 
        Aggregated information       Earnout Shares: 
                                     45,238 shares 
                                     GBP89,798 
      - Aggregated volume          Matching Shares: 
                                    79 shares 
                                    GBP150.10 
      - Price 
                                     Partnership Shares: 
                                     79 shares 
 d)                                  GBP150.10 
     -------------------------    -------------------------------------------------- 
 e)   Date of the transaction      13 May 2022 
     -------------------------    -------------------------------------------------- 
 f)   Place of the transaction     Earnout Shares and Matching Shares took place 
                                    outside a trading venue 
 
                                    Partnership Shares acquired on AIM 
     -------------------------    -------------------------------------------------- 
 
                                 Details of the person discharging managerial 
  1                               responsibilities / person closely associated 
     -------------------------  ---------------------------------------------------- 
 a)   Name                         Oliver Rigby 
     -------------------------    -------------------------------------------------- 
                                 Reason for the notification 
  2 
     -------------------------  ---------------------------------------------------- 
 a)   Position/status              Chief Financial Officer 
     -------------------------    -------------------------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     -------------------------    -------------------------------------------------- 
                                 Details of the issuer, emission allowance 
  3                               market participant, auction platform, auctioneer 
                                  or auction monitor 
     -------------------------  ---------------------------------------------------- 
 a)   Name                         TPXimpact Holdings Plc 
     -------------------------    -------------------------------------------------- 
 b)   LEI                          2138004S9O18Q6F9MS74 
     -------------------------    -------------------------------------------------- 
                                 Details of the transaction(s): section to 
  4                               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                Purchase and allocation of Partnership and 
       transaction                  Matching Shares, respectively, under TPXimpact 
                                    Holdings PLC Share Incentive Plan 
     -------------------------    -------------------------------------------------- 
 c)   Price(s) and volume(s)       Matching Shares: 
 
                                    79 ordinary shares at 190p 
 
                                    Partnership Shares: 
 
                                    79 ordinary shares at 190p 
     -------------------------    -------------------------------------------------- 
                                   Matching Shares: 
        Aggregated information      79 shares 
                                    GBP150.10 
      - Aggregated volume 
                                     Partnership Shares: 
                                     79 shares 
                                     GBP150.10 
                                  -------------------------------------------------- 
 d)   - Price 
     -------------------------    -------------------------------------------------- 
 e)   Date of the transaction      13 May 2022 
     -------------------------    -------------------------------------------------- 
 f)   Place of the transaction     Matching Shares took place outside a trading 
                                    venue 
 
                                    Partnership Shares acquired on AIM 
     -------------------------    -------------------------------------------------- 
 

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHGPUGWAUPPGMP

(END) Dow Jones Newswires

May 13, 2022 02:01 ET (06:01 GMT)

1 Year Tpximpact Chart

1 Year Tpximpact Chart

1 Month Tpximpact Chart

1 Month Tpximpact Chart

Your Recent History

Delayed Upgrade Clock