WANdisco Plc Director Dealing (6712S)

TIDMWAND

RNS Number : 6712S

WANdisco Plc

23 December 2016

 
 For immediate release   23 December 2016 
 

WANdisco plc

("WANdisco" or the "Company")

Director Dealing

The Company was notified yesterday that David Richards, Chief Executive and Interim Chairman of WANdisco, sold 145,000 shares at a price of 200 pence per share on 22 December 2016. As a result the beneficial holding of David Richards is 2,638,153 Ordinary Shares representing approximately 7.1% of the Company's issued share capital of 37,002,330 Ordinary Shares

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ----------------------------------------------------------------- 
 a)    Name                           David Richards 
----  -----------------------------  ---------------------------------- 
 2     Reason for the notification 
----  ----------------------------------------------------------------- 
 a)    Position/status                Chief Executive and Interim 
                                       Chairman 
----  -----------------------------  ---------------------------------- 
 b)    Initial notification           Initial 
        /Amendment 
----  -----------------------------  ---------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ----------------------------------------------------------------- 
 a)    Name                           WANdisco plc 
----  -----------------------------  ---------------------------------- 
 b)    LEI                            N/A 
----  -----------------------------  ---------------------------------- 
 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                 Ordinary Shares of 10 pence 
        the financial                  each 
        instrument, type 
        of instrument 
---- 
 
       Identification                 JE00BYPG6G89 
        code 
 
 b)    Nature of the                  Sale of shares 
        transaction 
----  -----------------------------  ---------------------------------- 
 c)    Price(s) and volume(s) 
----                                  ---------------  -------------- 
                                       Price(s)         Volume(s) 
----                                  ---------------  -------------- 
    200 pence                                           145,000 
   --------------------------------------------------  -------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume            145,000 
 
  - Price                        200 pence 
 
 e)    Date of the transaction        22 December 2016 
----  -----------------------------  ---------------------------------- 
 f)    Place of the transaction       London Stock Exchange 
----  -----------------------------  ---------------------------------- 
 

For further information, please contact:

 
 WANdisco plc                       via Vigo Communications 
 David Richards, Chief Executive 
  Officer and Interim Chairman 
 Erik Miller, Chief Financial 
  Officer 
 
                                    [phone] 
 Vigo Communications                 9700 
 Jeremy Garcia / Fiona Henson 
  / Antonia Pollock 
  www.vigocomms.com 
 
                                    [phone] 
 Stifel (Joint Broker and Nomad)     7600 
 David Arch / Fred Walsh / Neil 
  Shah 
 
 UBS (Joint Broker)                 [phone] 
  Rahul Luthra / Sandip Dhillon      8000 
 

About WANdisco

WANdisco (LSE: WAND) is the world leader in Active Transactional Data Replication(TM). Its patented technology provides continuous consistent access to changing data anytime and anywhere with no downtime and no disruption. WANdisco's patented technology serves crucial high availability (HA) requirements, including migration to cloud, Hadoop Big Data and Application Lifecycle Management (ALM), Subversion, Git and Gerrit.

WANdisco works directly with Fortune 1000 companies around the world and in all sectors to ensure their data, whether it is on-premise or in the cloud, gives them the real insight they need. WANdisco has an OEM with IBM and is also partnered with Amazon Web Services, Cisco, Google Cloud Platform, Hewlett Packard Enterprise, Microsoft Azure and Oracle to resell its patented technology. WANdisco is committed to the ODPi Interoperable Compliance Program to ensure its products are interoperable across a wider range of commercial Apache(TM) Hadoop(R) Platforms.

For additional information, please visit www.wandisco.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHPGGRPPUPQPGP

(END) Dow Jones Newswires

December 23, 2016 02:00 ET (07:00 GMT)