21st Dec 2017 08:01
21 December 2017
Sumo Group plc
("Sumo Group" or the "Company")
Grant of Option
Sumo Group (AIM: SUMO) announces that, further to the intention disclosed in its AIM Admission Document dated 15 December 2017, it has today granted an option over 500,000 ordinary shares of £0.01 each ('Ordinary Shares') to David Charles Wilton, Chief Financial Officer of the Company.
The option has today been granted at nil cost and is subject to the recipient remaining employed by Sumo as at 21 June 2019.
Following this grant David Charles Wilton's total interest in Ordinary Shares is as described below:
Name | Number of Ordinary Shares held | Number of Ordinary Shares under option |
David Charles Wilton | 50,000 | 500,000 |
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 | David Charles Wilton | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Financial Officer | ||||
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 | Grant of Option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
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 | |
| |
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