29th Sep 2020 11:46
29 September 2020
Micro Focus International plc
(the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations
The Company announces that it has been notified by Greg Lock, non-executive Chairman of the Company, that on 28 September 2020 he and his wife, Rosemary Lock, increased their combined shareholding in the Company by 96,500 ordinary shares of 10 pence each in the Company ("Ordinary Shares") to 535,000 Ordinary Shares.
In aggregate, Mr Lock and his wife sold 126,500 Ordinary Shares and purchased 223,000 Ordinary Shares. Following the transactions, Mr Lock owns 241,000 Ordinary Shares and Mr Lock's wife owns 294,000 Ordinary Shares.
The notification below, made in accordance with the requirements of Article 19 of the EU Market Abuse Regulations, gives further details.
1 | Details of the person discharging managerial responsibilities | |||||||||||||||||||||||||
a)
| Name
| Greg Lock and Rosemary Lock
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2 | Reason for the notification | |||||||||||||||||||||||||
a)
| Position/status
| Greg Lock, Chairman (PDMR) and PCA to PDMR | ||||||||||||||||||||||||
b)
| Initial notification /Amendment
| Initial Notification | ||||||||||||||||||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||||||||
a)
| Name
| Micro Focus International plc | ||||||||||||||||||||||||
b)
| LEI
| 213800F8E4X648142844 | ||||||||||||||||||||||||
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 Identification code
| Ordinary shares of 10 pence each
GB00BJ1F4N75 | ||||||||||||||||||||||||
b)
| Nature of the transaction
| 1) Sale of Shares by Rosemary Lock 2) Sale of Shares by Rosemary Lock 3) Purchase of Shares by Greg Lock 4) Purchase of Shares by Greg Lock 5) Sale of Shares by Greg Lock 6) Sale of Shares by Greg Lock 7) Purchase of Shares by Rosemary Lock 8) Purchase of Shares by Rosemary Lock 9) Purchase of Shares by Greg Lock 10) Purchase of Shares by Rosemary Lock 11) Purchase of Shares by Greg Lock
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c)
| Price(s) and volume(s)
|
| ||||||||||||||||||||||||
d)
| Aggregated information
- Aggregated volume - Price
|
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e)
| Date of the transaction
| 25 September 2020: Transactions detailed in section 4.b: 1 and 3 28 September 2020: Transactions detailed in section 4.b: 2, 4-11
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f)
| Place of the transaction
| XLON | ||||||||||||||||||||||||
Enquiries:
Micro Focus
Tel: +44 (0)1635 32646
Stephen Murdoch, CEO
Brian McArthur-Muscroft, CFO
Ben Donnelly, Head of Investor Relations
Brunswick
Tel: +44 (0) 20 7404 5959
Sarah West
Jonathan Glass
Notes to Editors:
About Micro Focus
Micro Focus (LSE: MCRO.L, NYSE: MFGP) is a global enterprise software company supporting the technology needs and challenges of the Global 2000. Our solutions help organizations leverage existing IT investments, enterprise applications and emerging technologies to address complex, rapidly evolving business requirements while protecting corporate information at all times. Our product portfolios are Security, IT Operations Management, Application Delivery Management, Information Management & Governance and Application Modernization & Connectivity. For more information, visit: www.microfocus.com
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