2nd Jul 2014 07:00
Date: | 2 July 2014 |
On behalf of: | eg solutions plc ("eg", the "Company", "the Group") |
eg solutions plc
Directors' Dealings
eg solutions plc (AIM: EGS), the back office optimisation software company, received notification yesterday that in order to broaden the shareholder base and introduce a prominent new institutional shareholder, Elizabeth Gooch, acting CEO, on the same day sold a total of 1,210,000 ordinary shares of 1p each ("Ordinary Shares") in the Company at a price of 52 pence per Ordinary Share, of which 60,000 Ordinary Shares were purchased by Mark Brady, non-executive director of the Company, and 200,000 by Rodney Baker-Bates, former chairman of the Company.
Paul Hoban, Chief Financial Officer, has today exercised 70,000 options over Ordinary Shares ("Share Options") at a weighted average exercise price per Share Option of 36.5p to be settled by a transfer from the Company's employee benefit trust ("EBT").
Following the above dealings, the consequent holdings of the directors of the Company (the "Directors") are as follows:
Number of Ordinary Shares | Total holding as a % of total issued share capital | |
Elizabeth Gooch (Acting CEO) | 5,304,080 | 32.2% |
Duncan McIntyre (Chairman) | 400,000 | 2.4% |
Paul Hoban (Chief Financial Officer) | 70,000 | 0.4% |
Mark Brady (Non-Executive Director) | 60,000 | 0.4% |
John Brougham (Non-Executive Director) | 60,000 | 0.4% |
Spencer Malder (Non-Executive Director)* | - | - |
* Spencer Malder is chief technology officer of Aspect Software, Inc., which has a holding of 1,712,392 Ordinary Shares representing 10.4% of the Company's issued share capital.
The EBT subsequently holds 1,514,285 Ordinary Shares and Rodney Baker-Bates holds 1,005,000 Ordinary Shares, representing 9.2% and 6.1% of the Company's issued share capital respectively.
CONTACTS
eg solutions plc | +44 (0) 1785 715772 |
Elizabeth Gooch, Acting Chief Executive Officer | www.eguk.co.uk |
Redleaf Polhill |
+44 (0)207 382 4730 |
Rebecca Sanders-Hewett Dwight Burden David Ison | |
finnCap |
+ 44(0) 20-7220 0500 |
Julian Blunt, Henrik Persson or Simon Hicks (corporate finance) Alexandra Clement (corporate broking) |
About eg solutions plc
eg solutions plc is a global back office optimisation software company. Our software provides historic, real-time and predictive Operational MI. When implemented with our training programme for managers and team leaders to use this intelligence, we guarantee improvements in operational results in short timescales.
The Company, which is listed on the Alternative Investment Market ('AIM') of the London Stock Exchange, is committed to customer satisfaction and the ongoing development of its operations management solutions.
For more information on the Company please visit www.eguk.co.uk
Related Shares:
eg Solutions PLC