Veltyco Group PLC Issue of Equity/PDMR Dealing (0997V)

TIDMVLTY

RNS Number : 0997V

Veltyco Group PLC

19 July 2018

19 July 2018

Veltyco Group plc

("Veltyco", the "Company" and, together with its subsidiaries, the "Group")

Issue of Equity/PDMR Dealing

Veltyco Group plc, the AIM quoted marketing company for the gaming sector, announces that Hans Dahlgren, a member of the Company's Senior Management Team, has today exercised options over 187,500 ordinary shares of no par value in the Company ("Ordinary Shares") at an exercise price of 25 pence per share. Following this exercise, Mr Dahlgren is interested in 375,000 Ordinary Shares representing approximately 0.5% of the Company's issued share capital. The options were issued under the Company's Stock Option plan on 30 June 2016.

Total voting rights

Application will be made for the admission of these 187,500 new Ordinary Shares to trading on AIM ("Admission") and it is expected that Admission will take place at 8.00 a.m. on 25 July 2018. Following Admission, the Company will have a total of 74,956,159 Ordinary Shares in issue with one voting right per share. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

PDMR Notification Forms:

The notifications below are made in accordance with the requirements of Market Abuse Regulation:

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                              Hans Dahlgren 
     --------------------------------  --------------------------------------- 
 2.   Reason for the Notification 
     ------------------------------------------------------------------------- 
 a)   Position/status                   CTO, member of the Company's Senior 
                                         Management Team 
     --------------------------------  --------------------------------------- 
 b)   Initial notification/amendment    Initial notification 
     --------------------------------  --------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a)   Name                              Veltyco Group plc 
     --------------------------------  --------------------------------------- 
 b)   LEI                               2138007KWLZHV5I1A979 
     --------------------------------  --------------------------------------- 
 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      Ordinary shares of no par value each 
       instrument, type of instrument    in the share capital of Veltyco Group 
                                         plc 
     --------------------------------  --------------------------------------- 
      Identification code               IM00BYT32K14 
     --------------------------------  --------------------------------------- 
 b)   Nature of the Transaction         Exercise of options 
     --------------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)   Volume(s) 
                                          25p        187,500 
                                                    ---------- 
     --------------------------------  --------------------------------------- 
 d)   Aggregated information            N/A (Single transaction) 
       Aggregated volume Price 
     --------------------------------  --------------------------------------- 
 e)   Date of the transaction           18 July 2018 
     --------------------------------  --------------------------------------- 
 f)   Place of the transaction          London Stock Exchange, AIM Market 
                                         (XLON) 
                                         Frankfurt Stock Exchange 
     --------------------------------  --------------------------------------- 
 

For further information please contact:

   Veltyco Group Plc                                                           [phone] 

Gilles Ohana, Non-executive Chairman

Melissa Blau, CEO

Marcel Noordeloos, CFO

   Strand Hanson Limited (Nominated Adviser)       [phone] 

James Harris / Richard Tulloch / James Dance

   Whitman Howard Ltd (Broker)                                  [phone] 

Nick Lovering

   IFC Advisory (Financial PR & IR)                                [phone] 

Graham Herring / Miles Nolan / Zach Cohen

About Veltyco

Veltyco is a group of companies focused on generating marketing leads and entering into marketing contracts for the activities of various partners in the gaming industry as well as operating its own brands. Veltyco focuses on complementary activities under one umbrella, leveraging its historical cash generative activities of marketing online casinos and sports betting.

Website: www.veltyco.com

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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July 19, 2018 02:00 ET (06:00 GMT)