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Directors' Share Dealing

4th Jul 2013 16:43

RNS Number : 6572I
NetDimensions (Holdings) Limited
04 July 2013
 



 

 

NetDimensions (Holdings) Limited

("NetDimensions" or the "Company")

 

Directors' Share Dealing

 

The Company was informed on 3 July 2013 that Roger Durn and Jay Shaw ("Directors"), had converted 60,000 ordinary shares and 300,000 ordinary shares to American Depository Receipts ("ADRs") respectively. The conversion will complete on 8 July 2013 at ratio of 5 ordinary shares to 1 ADR giving them a total of 12,000 ADRs and 60,000 ADRs respectively. The conversion was done as a straight swap with no price consideration being applicable.

 

Following the conversion, the Directors' holding in the share capital of the Company remained unchanged as set out below.

 

Number of ordinary shares

Total holding %

Roger Durn (Non-executive Chairman)

150,000

0.4%

Jay Shaw (Executive Director)

4,805,000

12.69%

 

The 72,000 ADRs are expected to be admitted to trading on OTCQX on 8 July 2013. There is no change to the issued share capital of the Company which currently stands at 37,867,326 ordinary shares.

 

NetDimensions (Holdings) Limited

Tel: +852 2122 4500

Jay Shaw

Matthew Chaloner

 

 

Panmure Gordon (UK) Limited (Nomad & Broker)

Tel: +44 20 7886 2500

Fred Walsh

Victoria Boxall

Ben Roberts

Walbrook PR Ltd (Financial Public Relations)

Tel: +44 20 7933 8792

Bob Huxford

[email protected]

Helen Westaway

[email protected]

 

About NetDimensions

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

 

NetDimensions' flagship product line, the NetDimensions Talent Suite, enables companies, government agencies and other organizations to personalize learning, share knowledge, enhance performance, foster collaboration, and manage compliance programs for employees, customers, partners and suppliers.

 

Recognized as one of the talent management industry's top-rated technology suppliers in overall customer satisfaction, NetDimensions has been chosen by leading organizations worldwide including ING, Cathay Pacific, Hunter Douglas, Chicago Police Department, Delphi Automotive, Progress Software, and Travelex.

 

NetDimensions is ISO 9001 certified and NetDimensions hosted services are ISO 27001 certified. For more information, visit www.NetDimensions.com

 

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