VR Education Holdings PLC Director/PDMR Shareholding (7315O)

TIDMVRE

RNS Number : 7315O

VR Education Holdings PLC

21 May 2018

 
 For immediate release   21 May 2018 
 

VR Education Holdings plc (the "Company")

Director/PDMR Shareholding

VR Education Holdings plc (AIM: VRE; ESM: 6VR), a leading virtual reality ('VR') technology company focused on the education space, announces that on 21 May 2018 Mike Boyce, a Non-Executive Director, bought 499,942 ordinary shares in the Company at a price of 16 pence per share, representing 0.26% of the Company's issued share capital.

Prior to this purchase of shares, Mike Boyce held nil ordinary shares in the Company.

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                                         6708 
  Sandra Whelan, COO             [e-mail] 
 Cairn Financial Advisers                        Tel: +44 (0) 20 
  LLP (Nominated Adviser)                              7213 0880 
  James Caithie / Liam Murray 
  / Richard Nash 
 Shard Capital Partners                          Tel: +44 (0) 20 
  LLP (Joint Broker)                                   7186 9952 
  Damon Heath / Erik Woolgar 
 Davy (Joint Broker & ESM                        Tel: [phone] 
  Adviser)                                                  7788 
  Fergal Meegan / Ronan Veale 
  / Barry Murphy 
 Buchanan (UK Financial                      Tel: [phone] 
  PR)                                                       5000 
  Henry Harrison-Topham /                    [e-mail] 
  Chris Lane / Tilly Abraham 
 Wilson Hartnell (Irish                          Tel: [phone] 
  Corporate PR)                                             0030 
  Peter O'Brien / Frans Van             peter.o'[e-mail] 
  Cauwelaert                      [e-mail] 
 

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 two downloadable showcase VR experiences, being the award-winning Apollo 11 VR experience and an early access version of the Group's Titanic VR experience.

 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  ----------------------------------------------------------------- 
 a)    Name                        Mike Boyce 
----  --------------------------  ------------------------------------- 
 2     Reason for the notification 
----  ----------------------------------------------------------------- 
 a)    Position/status             Non-Executive Director 
----  --------------------------  ------------------------------------- 
 b)    Initial                     Initial Notification 
        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 
        of the financial            shares of EUR0.001 each 
        instrument, 
        type of                     IE00BG0HDR01 
        instrument 
        Identification 
        code 
----  --------------------------  ------------------------------------- 
 b)    Nature of                   Acquisition of 499,942 ordinary 
        the transaction             shares at 16.0025p per share 
----  --------------------------  ------------------------------------- 
 c)    Price(s)                        Price(s)           Volume(s) 
        and volume(s) 
----  --------------------------  -----------------  ------------------ 
                                       16.0025p            499,942 
 -------------------------------  -----------------  ------------------ 
       Aggregated 
 d)     information 
   - Aggregated 
    volume                          499,942 
   - Price                           16.0025p 
 -------------------------------  ------------------------------------- 
 e)    Date of                     2018-05-21 
        the transaction 
----  --------------------------  ------------------------------------- 
 f)    Place of                    London Stock Exchange (XLON) 
        the transaction 
----  --------------------------  ------------------------------------- 
 g)    Additional                  N/A 
        Information 
----  --------------------------  ------------------------------------- 
 

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May 21, 2018 06:27 ET (10:27 GMT)