13th Jan 2020 16:09
13 January 2020
GetBusy plc
Subscription for 500,000 Ordinary Shares and Director / PDMR Shareholding
GetBusy plc (AIM: GETB) ("GetBusy" or "the Company" or "the Group"), a developer of document management and communication software products, is pleased to announce that, further to the approval of resolutions by Independent Shareholders at the General Meeting on 7 January 2020, Daniel Rabie, the Group's Chief Executive Officer, has today subscribed for and been issued, conditional upon admission to trading on AIM, 500,000 ordinary shares of 0.15 pence each in the capital of the Company at a subscription price of 52.5 pence per share (being the mid-market closing price of the Company's Shares on 10 January 2020 (being the last practicable date prior to the subscription for such shares).
Application has been made for the shares to be admitted to trading on AIM. It is expected that Admission will become effective and that dealings in the shares will commence at 8:00 a.m. on 17 January 2020.
Following this Admission, Daniel Rabie shall have a total beneficial interest in 1,570,789 shares in the Company, representing 3.2 per cent of the Company's total voting rights.
Following the Admission, the Company shall have 48,900,000 Ordinary Shares in issue, all with voting rights. The Company holds no Ordinary Shares in treasury. The figure of 48,900,000 Ordinary Shares may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the FCA's Disclosure and Transparency Rules.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Daniel Rabie
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Executive Officer | |||
b)
| Initial notification /Amendment
| Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| GetBusy plc | |||
b)
| LEI
| 213800LAMARZB9AQJ376 | |||
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 0.15 pence | |||
Identification code | ISIN: GB00BG0TSD71 | ||||
b)
| Nature of the transaction
| Subscription for Ordinary Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
52.50p | 500,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 13 January 2020 | |||
f)
| Place of the transaction
| Off-market | |||
Enquiries
GetBusy plc
About GetBusy
GetBusy is a global Document Management and Communication software business that provides highly secure forms of digital document distribution, workflows and client chat. 1.5 million users are now registered to share information through GetBusy's award-winning online client portals.
Further information on the Group is available at www.getbusy.com/about/investors
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