26th Oct 2021 10:17
PDMR Dealing
Wise plc (the "Company") announces that the following transaction in the Company's class A ordinary shares of £0.01 each ("Shares") has been undertaken by a person closely associated with Taavet Hinrikus, Executive Chairman and person discharging managerial responsibility ("PDMR").
OÜ Notorious (disposal of shares) |
The notification set out below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
1. | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | OÜ Notorious |
2. | Reason for the notification | |
a) | Position/status | person closely associated with Taavet Hinrikus (Executive Chairman) |
b) | Initial notification/Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Wise plc |
b) | LEI | 213800LD9XCHIC1C4V71 |
4 | Details of the transaction(s): | |
a) | Description of the financial instrument, type of instrument
Identification code | Class A ordinary shares of £0.01 each
ISIN: GB00BL9YR756 |
b) | Nature of the transaction | Disposal of Shares
|
c) | Price(s) and volume(s)
|
Price(s) Volume(s) £8.15 10,000,000
|
d) | Aggregated information
Aggregated volume
Price |
10,000,000
£81,500,000 |
e) | Date of the transaction | 22 October 2021 |
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
Wise plc (the "Company") announces that the following transaction in the Company's class A ordinary shares of £0.01 each ("Shares") has been undertaken by a person closely associated with Taavet Hinrikus, Executive Chairman and person discharging managerial responsibility ("PDMR").
OÜ Notorious (disposal of shares) |
There is no change in Mr Hinrikus's beneficial shareholding in the Company as a result of the transaction below and he continues to have, through OÜ Notorious, an interest and voting rights in 93,616,498 class A ordinary shares and 53,966,926 class B ordinary shares, representing in aggregate approximately 12.64% of the voting rights in the Company.
The notification below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | OÜ Notorious |
2 | Reason for the notification | |
a) | Position/status | person closely associated with Taavet Hinrikus (Executive Chairman) |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Wise plc |
b) | LEI | 213800LD9XCHIC1C4V71 |
4 | Details of the transaction(s) | |
a) | Description of the financial instrument, type of instrument
Identification code | Class A Ordinary Shares of GBP0.01 each
ISIN: GB00BL9YR756 |
c) | Nature of the transaction | OÜ Notorious entered into a loan agreement with Goldman Sachs International Bank whereby OÜ Notorious granted security over 39,649,572 class A ordinary shares in the Company. Taavet Hinrikus remains, through OÜ Notorious, the beneficial owner of the shares subject to the security and retains full voting rights. |
(e) | Price(s) and volume(s) | Price(s) Volume(s) n/a 39,649,572 |
(f) | Aggregated information Aggregated volume Price | N/A |
(g) | Date of the transaction | 21 October 2021 |
(h) | Place of the transaction | Outside of a trading venue |
Related Shares:
Wise Plc