28th Jul 2017 16:19
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014
Ideagen plc
("Ideagen" or the "Company")
28 July 2017
Director Dealing
Ideagen PLC (AIM: IDEA), a leading supplier of Information Management Software to highly regulated industries, announces that today Barney Kent, Chief Operating Officer of the Company, sold 245,000 ordinary shares of 1 pence each ("Ordinary Shares") at a price of 82.5 pence per Ordinary Share to part fund a property purchase (the "Sale").
Following the Sale, Mr. Kent's beneficial interest in the Company is 1,772,660 Ordinary Shares representing approximately 0.89% of the issued share capital of the Company.
Enquiries: | ||
Ideagen plc | Tel: 01629 699100 | |
David Hornsby, Chief Executive | ||
Graeme Spenceley, Finance Director | ||
finnCap (Nominated Adviser and Broker) | Tel: 020 7220 0500 | |
Stuart Andrews / James Thompson (Corporate Finance) | ||
Stephen Norcross (Corporate Broking) |
About Ideagen plc
Ideagen is a UK company quoted on the London Stock Exchange AIM market (Ticker: IDEA.L).
Ideagen is a supplier of Information Management software with operations in the UK, the United States and the Middle East. The Company specialises in GRC (Governance, Risk and Compliance) and Content and Clinical solutions with a primary focus on organisations operating within highly regulated industries. With an excellent portfolio of software products, Ideagen is able to provide complete information lifecycle solutions that enable organisations to reduce risk, meet their regulatory and compliance standards, helping them to reduce costs and improve efficiency.
The Group has a customer base of over 3,000 organisations using the Ideagen suite of products, including many blue chip names such as BAE Systems, Emirates, Shell and the European Central Bank as well as 150 hospitals in the UK and US.
For further information please visit www.ideagen.com
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Mr Barney Kent | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Chief Operating Officer | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ideagen 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 the Financial instrument, type of instrument | Ordinary Shares of 1 pence each | ||||
Identification code | GB00B0CM0C50 | |||||
b) | Nature of the transaction | Sale of Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: · Aggregated volume · Price |
245,000 ordinary shares of 1 pence (sold) at 82.5 pence per ordinary share | ||||
e) | Date of the transaction | 28 July 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) |
Related Shares:
IDEA.L