We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 |
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 Month Tpximpact Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions