21st Dec 2017 17:11
21 December 2017
Sumo Group plc
("Sumo Group" or the "Company")
Director's Dealings
Sumo Group, announces that, Michael Sherwin, Non-executive Director, has sold and acquired 17,241 ordinary shares of 1 pence each ("Ordinary Shares"). Both transactions took place on 21 December 2017, at a price of 116p per Ordinary Share, as Michael transferred the shares for which he subscribed in the Placing, as set out in the Company's AIM Admission document, into his SIPP.
Following these transactions, Michael's interest in Ordinary Shares is unchanged at 20,000, representing approximately 0.01 per cent. of the Company's issued Ordinary Share capital.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
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 | Michael Sherwin | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-executive Director | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Sumo Group plc | ||||
b) | LEI | 213800LTZXJCG5QKIM14 | ||||
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 £0.01
SUMO | ||||
b) | Nature of the transaction | Purchase and Sale | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 21 December 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
Enquiries:
| |
Sumo Group plc | Tel: +44 (0) 114 242 6766 |
Carl Cavers, Chief Executive Officer | |
David Wilton, Chief Financial Officer | |
Zeus Capital Limited (Nominated Adviser & Broker) | |
Nick Cowles / Richard Darlington | Tel: +44 (0) 161 831 1512 |
Ben Robertson / John Goold
| Tel: +44 (0) 203 829 5000 |
Belvedere Communications Limited | Tel: +44 (0) 203 567 0510 |
Cat Valentine ([email protected]) | |
Kim van Beeck ([email protected]) |
|
About Sumo Group - www.sumogroupplc.com
Sumo Group's award-winning businesses provide creative and development services to the video games and entertainment industries, from studios in Sheffield, Newcastle, Nottingham, Pune (India) and Vancouver (Canada).
Our operating businesses include Sumo Digital and Atomhawk. Sumo Digital, our primary business, is one of the UK's largest independent developers of AAA-rated video games, providing both turnkey and co-development solutions to an international blue-chip client base. Atomhawk, a complementary business acquired in June 2017, is a multi-award winning visual design company, servicing the games, film and visual effects industries. Together we deliver full-service visual and development solutions, which include initial concepts and pre-production, production and development, and post-release support.
Related Shares:
SUMO.L