VR Education Holdings PLC Director/PDMR Shareholding (4790S)

TIDMVRE

RNS Number : 4790S

VR Education Holdings PLC

11 March 2019

 
 For immediate release   11 March 2019 
 

VR Education Holdings plc (the "Company")

Director/PDMR Shareholding

VR Education Holdings plc (AIM: VRE; Euronext Growth: 6VR), a leading virtual reality ('VR') technology company focused on the education space, announces that it was today notified that Richard Cooper, Non-Executive Chairman, bought 70,400 ordinary shares in the Company on 11 March 2019 at a price of 10p pence per share, representing 0.04% of the Company's issued share capital.

Subsequent to this purchase of shares, Richard Cooper now holds 1,070,400 ordinary shares in the Company, representing 0.55% of the Company's issued share capital.

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

For further information, please contact:

 
 VR Education Holdings plc                            Tel: [phone] 
  David Whelan, CEO                         [e-mail] 
  Sandra Whelan, COO 
 Cairn Financial Advisers LLP (Nominated          Tel: [phone] 
  Adviser) 
  James Caithie / Liam Murray / 
  Richard Nash 
 Stockdale Securities Limited (Joint              Tel: [phone] 
  Broker) 
  Andy Crossley / Richard Johnson 
 Davy (Joint Broker & Euronext                         Tel: [phone] 
  Growth Advisor) 
  Fergal Meegan / Ronan Veale / 
  Barry Murphy 
 Buchanan (UK Financial PR)                        Tel: [phone] 
  Henry Harrison-Topham / Chris                         [e-mail] 
  Lane / Tilly Abraham 
 

Notes to Editors

VR Education, together with its wholly owned subsidiary, is an early stage VR software and technology group based in Waterford, Ireland, dedicated to transforming the delivery methods of education and corporate training by utilising VR technologies to deliver fully immersive virtual learning experiences. The Group's core focus is the development and commercialisation of its online virtual social learning and presentation platform called ENGAGE, which provides a platform for creating, sharing and delivering proprietary and third-party VR content for educational and corporate training purposes.

In addition to the ongoing development of the ENGAGE platform, the Group has also built three downloadable showcase VR experiences, being the award-winning Apollo 11 VR experience, the award-winning Titanic VR experience and the award-winning 1943: Berlin Blitz.

On 12 March 2018, VR Education listed on the AIM market of the London Stock Exchange and on Euronext Growth, a market regulated by Euronext Dublin.

For further information, please visit www.vreducationholdings.com.

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                    Richard Cooper 
      --------------------------------------  ------------------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------------- 
 a)    Position/status                         Non-Executive Chairman 
      --------------------------------------  ------------------------------------------------- 
 b)    Initial notification                    Initial Notification 
        /Amendment 
      --------------------------------------  ------------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------------------- 
 a)    Name                                    VR Education Holdings plc 
      --------------------------------------  ------------------------------------------------- 
 b)    LEI                                     213800ESSTWEXIN22767 
      --------------------------------------  ------------------------------------------------- 
 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                             VR Education Holdings plc ordinary shares of 
        of the financial                        EUR0.001 each 
        instrument, 
        type of instrument                      IE00BG0HDR01 
        Identification 
        code 
      --------------------------------------  ------------------------------------------------- 
 b)    Nature of the                           Acquisition of 70,400 ordinary shares at 10.0p 
        transaction                             per share 
      --------------------------------------  ------------------------------------------------- 
 c)    Price(s) and                                   Price(s)                 Volume(s) 
        volume(s) 
      --------------------------------------  -----------------------  ------------------------ 
                                                       10.0p                    70,400 
 -------------------------------------------  -----------------------  ------------------------ 
       Aggregated 
 d)     information 
   - Aggregated 
    volume                                      70,400 
   - Price                                       10.0p 
 -------------------------------------------  ------------------------------------------------- 
 e)    Date of the                             11/03/2019 
        transaction 
      --------------------------------------  ------------------------------------------------- 
 f)    Place of the                            London Stock Exchange (XLON) 
        transaction 
      --------------------------------------  ------------------------------------------------- 
 g)    Additional                              N/A 
        Information 
      --------------------------------------  ------------------------------------------------- 
 

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March 11, 2019 07:38 ET (11:38 GMT)