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WAND Wandisco Plc

63.60
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wandisco Plc LSE:WAND London Ordinary Share JE00B6Y3DV84 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 63.60 63.80 65.20 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

WANdisco Plc Replacement Director/PDMR Shareholding (8118R)

05/03/2019 7:02am

UK Regulatory


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TIDMWAND

RNS Number : 8118R

WANdisco Plc

05 March 2019

This announcement is a replacement for one released on 12 October 2018 at 7:00am under RNS number 8207D.

Due to a clerical error the announcement disclosed the number of shares Mr. Aahlad holds as 2,433,148 Ordinary Shares. This number should have read 2,432,504 Ordinary Shares.

All other details remain unchanged.

The full amended text is shown below.

WANdisco plc

("WANdisco" or the "Company")

Director Dealings and Issue of Equity - Replacement

WANdisco plc (LSE: WAND, the "Company" or "WANdisco"), the Live Data company, was informed that Mr. David Richards, the Company's Chairman, CEO and Co-founder, had exercised Restricted Stock Units ("RSUs") covering a total of 95,266 ordinary shares under the Company's Long Term Incentive Plan ("LTIP"), which vested between 31-May and 2 June 2018, of 10p per share. The Company was also been advised that Mr. Richards has sold 85,266 ordinary shares in the company, covering the costs of the RSU exercises and associated taxes, retaining 10,000 shares and the remaining net sales proceeds. Following the sale, Mr. Richards is now beneficially interested in a total of 2,099,233 Ordinary Shares representing approximately 5.02% of the Company's issued share capital.

The Company was also informed that Mr. Aahlad, a director of the Company, had exercised RSUs covering a total of 5,000 shares of 10p each under the LTIP, which vested 2 June 2018. The Company was also advised that Mr. Aahlad has sold 2,587 ordinary shares in the company, covering the costs of the RSU exercises and associated taxes, retaining 2,413 shares. Following the sale, Mr. Aahlad is now beneficially interested in a total of 2,432,504 Ordinary Shares representing approximately 5.82% of the Company's issued share capital.

The following represents the Directors dealings in RSUs under the LTIP:

 
 Director                    Date/Type of Transaction     Amount, class of securities 
                                                           and price 
 David Richards, Chairman,   11 October 2018 / Exercise   10,000 Restricted Stock 
  President, CEO and          & hold                       Units (ordinary shares) 
  Co-founder                                               of 0.10p each 
                            ---------------------------  ---------------------------- 
 David Richards, Chairman,   11 October 2018 / Exercise   85,266 Restricted Stock 
  President, CEO and          & sale                       Units (ordinary shares) 
  Co-founder,                                              of 0.10p each 
                            ---------------------------  ---------------------------- 
 Yeturu Aahlad, Board        11 October 2018 / Exercise   2,413 Restricted Stock 
  Member                      & hold                       Units (ordinary shares) 
                                                           of 0.10p each 
                            ---------------------------  ---------------------------- 
 Yeturu Aahlad, Board        11 October 2018 / Exercise   2,587 Restricted Stock 
  Member                      & sale                       Units (ordinary shares) 
                                                           of 0.10p each 
                            ---------------------------  ---------------------------- 
 

For further information, please contact:

 
 WANdisco plc                                via FTI Consulting 
 David Richards, Chief Executive Officer 
  and Chairman 
 Erik Miller, Chief Financial Officer 
 
                                             +44 (0)20 3727 
 FTI Consulting                               1137 
 Matt Dixon / Harry Staight / Leah Dudley 
  / Kwaku Aning 
                                             +44 (0)20 7710 
 Stifel (Joint Broker and Nomad)              7600 
 Fred Walsh / Neil Shah / Alex Price 
  / Rajpal Padam 
 
 Peel Hunt (Joint Broker)                    +44 (0)20 7418 
  Edward Knight / Nick Prowting               8900 
 WH Ireland Limited (Joint Broker)           +44 (0)20 7220 
  Adam Pollock / Tim Feather                  1666 
 

About WANdisco

WANdisco is shaping the future of data infrastructure with its groundbreaking Live Data platform, enabling companies to put all their data to work for the business - all the time, at any scale.

WANdisco makes data always available, always accurate, and always protected, delivering hyperscale economics to support exponential data growth with the same IT budget. With significant OEM relationships with IBM and Dell EMC and go-to-market partnerships with Amazon Web Services, Cisco, Microsoft Azure, Google Cloud, Hewlett Packard Enterprise, Oracle and other industry titans - as well as hundreds of customers among the Global 2000 - WANdisco is igniting a Live Data movement worldwide.

For additional information, please visit www.wandisco.com

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

 
 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 Officer 
     ---------------------------------------------------------------  ------------------------------ 
 b)   Initial notification/Amendment                                   Initial notification 
     ---------------------------------------------------------------  ------------------------------ 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------- 
 a)   Name                                                             WANdisco plc 
     ---------------------------------------------------------------  ------------------------------ 
 b)   LEI                                                              213800Y1A75RSC698O04 
     ---------------------------------------------------------------  ------------------------------ 
 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 instrument, type of instrument      Ordinary shares of 10p each 
       Identification code 
                                                                        ISIN: JE00B6Y3DV84 
     ---------------------------------------------------------------  ------------------------------ 
 b)   Nature of the transaction                                        Sales of shares 
     ---------------------------------------------------------------  ------------------------------ 
 c)   Price(s) and volume(s)                                            Price(s)   Volume(s) 
                                                                         524.08p    85,266 
                                                                                   ---------- 
     ---------------------------------------------------------------  ------------------------------ 
 d)   Aggregated information -   Aggregated volume                       85,266 
        -   Price                                                         524.08p 
           ------------------                                            -------------- 
        -   Aggregated total                                              GBP446,862.05 
           ------------------                                            -------------- 
     ---------------------------------------------------------------  ------------------------------ 
 e)   Date of the transaction                                          11 October 2018 
     ---------------------------------------------------------------  ------------------------------ 
 f)   Place of the transaction                                         London Stock Exchange (XLON) 
     ---------------------------------------------------------------  ------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                             Yeturu Aahlad 
     ---------------------------------------------------------------  ------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------- 
 a)   Position/status                                                  Director 
     ---------------------------------------------------------------  ------------------------------ 
 b)   Initial notification/Amendment                                   Initial notification 
     ---------------------------------------------------------------  ------------------------------ 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------- 
 a)   Name                                                             WANdisco plc 
     ---------------------------------------------------------------  ------------------------------ 
 b)   LEI                                                              213800Y1A75RSC698O04 
     ---------------------------------------------------------------  ------------------------------ 
 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 instrument, type of instrument      Ordinary shares of 10p each 
       Identification code 
                                                                        ISIN: JE00B6Y3DV84 
     ---------------------------------------------------------------  ------------------------------ 
 b)   Nature of the transaction                                        Sales of shares 
     ---------------------------------------------------------------  ------------------------------ 
 c)   Price(s) and volume(s)                                            Price(s)   Volume(s) 
                                                                         524.08p    2,587 
                                                                                   ---------- 
     ---------------------------------------------------------------  ------------------------------ 
 d)   Aggregated information -   Aggregated volume                       2,587 
        -   Price                                                         524.08p 
           ------------------                                            ------------- 
        -   Aggregated total                                              GBP13,557.95 
           ------------------                                            ------------- 
     ---------------------------------------------------------------  ------------------------------ 
 e)   Date of the transaction                                          11 October 2018 
     ---------------------------------------------------------------  ------------------------------ 
 f)   Place of the transaction                                         London Stock Exchange (XLON) 
     ---------------------------------------------------------------  ------------------------------ 
 

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.

END

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March 05, 2019 02:02 ET (07:02 GMT)

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