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Director/PDMR Shareholding

13th Mar 2017 08:27

RNS Number : 2545Z
NetDimensions (Holdings) Limited
13 March 2017
 

 

 

13 March 2017

NetDimensions (Holdings) Limited

 

("NetDimensions" or the "Company)

 

Director/PDMR Shareholding

 

NetDimensions (AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge and learning management systems, was informed on 10 March 2017 that Jay Shaw, Chief Executive Officer of the Company, has cancelled his holding of 62,000 American Depository Receipts ("ADRs"). The ADRs were returned to 310,000 ordinary shares at a ratio of 5 ordinary shares to 1 ADR. The conversion was undertaken as a straight swap with no price consideration being applicable.

 

Following the cancellation and conversion, Mr Shaw's holding in the share capital of the Company is unchanged at 4,816,500 ordinary shares, representing 9.39% of the total issued share capital of the Company.

 

There is no change to the issued share capital of the Company which currently stands at 51,273,865 ordinary shares with voting rights.

 

Enquiries:

 

NetDimensions (Holdings) Limited

Tel: +852 2122 4500

Jay Shaw

Matthew Chaloner

 

 

Panmure Gordon (UK) Limited (Nomad & Broker)

Tel: +44 20 7886 2500

Andrew Godber

Peter Steel

Erik Anderson

Walbrook PR Ltd (Financial Public Relations)

Tel: +44 20 7933 8780

Paul Cornelius

Or [email protected]

Sam Allen

Nick Rome

Helen Cresswell

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

 1

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

 

Name 

Jay Shaw

 

2

 

Reason for the notification

a)

 

Position/status

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

 

Name

 

NetDimensions (Holdings) Limited

b)

 

LEI

213800SS8XJDH5CGZ730

 

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

 

 

KYG6427F1019

b)

 

Nature of the transaction 

 

Conversion of interests in American Depository Receipts ("ADRs")

c)

 

Price(s) and volume(s)

 Price(s)

 

Volume(s)

-

 

310,000

 

d)

 

Aggregated information 

- Aggregated volume

- Price

62,000 ADRs converted into 310,000 ordinary shares

 

 

e)

 

Date of the transaction 

08-03-17

f)

 

Place of the transaction

Outside a trading venue

 

Name of authorised official of issuer responsible for making notification:

 

 

Janet Luk

 

Company Secretary to NetDimensions (Holdings) Limited

 

 

 

 

 

 

About NetDimensions

 

Established in 1999, NetDimensions (AIM: NETD; OTCQX: NETDY) is a global provider of learning, knowledge and performance management solutions to highly regulated industries.

NetDimensions provides companies, government agencies and other organisations with talent management solutions to personalise learning, share knowledge, enhance performance, and manage compliance programmes for employees, customers, partners and suppliers.

NetDimensions' solutions also include custom content and learning portal development services, as well as off-the-shelf course libraries and regulatory compliance courseware developed by NetDimensions' subject matter experts and content partners.

NetDimensions' award-winning solutions have been chosen by leading organisations worldwide including ING, Cathay Pacific, Chicago Police Department, Geely Automotive, Fugro Group, Fresenius Medical Care, tesa SE, and DB Schenker.

NetDimensions is ISO 9001 certified and NetDimensions' Secure SaaS practices are ISO 27001 certified.

For more information, visit www.netdimensions.com or follow @netdimensions on Twitter.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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