23rd Mar 2017 17:47
23 March 2017
Blue Prism Group plc
("Blue Prism" or the "Company")
HOLDINGS IN COMPANY AND DIRECTOR / PDMR SHAREHOLDING
Blue Prism, a global leader in Robotic Process Automation ("RPA"), announces that RisingStars Growth Fund LP, and certain persons discharging managerial responsibilities (the "Selling Shareholders") have today sold an aggregate of 4,410,000 ordinary shares in the Company ("Ordinary Shares"), representing approximately 7.1 per cent of the issued share capital of Blue Prism at a price of 425 pence per share.
Details of each party's participation in the disposal as follows:
RisingStars Growth Fund LP sold 3,000,000 Ordinary Shares. Following this sale RisingStars Growth Fund LP retains an interest in 6,561,549 Ordinary Shares, representing approximately 10.6 per cent of Blue Prism's issued share capital.
David Moss sold 495,000 Ordinary Shares. Following this sale, David Moss retains an interest in 3,521,872 Ordinary Shares, representing approximately 5.7 per cent of Blue Prism's issued share capital.
Patrick Geary sold 390,000 Ordinary Shares. Following this sale, Patrick Geary retains an interest in 1,018,000 Ordinary Shares, representing approximately 1.6 per cent of Blue Prism's issued share capital.
Neil Wright sold 325,000 Ordinary Shares. Following this sale, Neil Wright retains an interest in 968,300 Ordinary Shares, representing approximately 1.6 per cent of Blue Prism's issued share capital.
Martin Flood sold 200,000 Ordinary Shares. Following this sale, Martin Flood retains an interest in 800,000 Ordinary Shares, representing approximately 1.3 per cent of Blue Prism's issued share capital.
The remainder of the Ordinary Shares retained by the Selling Shareholders are now subject to a lock-in which has been extended for a period of six months from the date of this announcement.
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | David Moss | |
2. | Reason for the notification | ||
(a) | Position/status | Chief Technology Officer | |
(b) | Initial notification/ Amendment | Initial notification | |
3. | Details of the issuer | ||
(a) | Name | BLUE PRISM GROUP PLC | |
(b) | LEI | 2138006DQE9FNUW8KO83 | |
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 | Ordinary shares of £0.01 each | |
(b) | Identification code of the Financial Instrument | GB00BYQ0HV16 | |
(c) | Nature of the transaction | Sale of shares
| |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
425.00p | 495,000 | ||
(e) | Aggregated information - Aggregated volume - Price | N/A | |
(f) | Date of the transaction | 23 March 2017 | |
(g) | Place of the transaction | London Stock Exchange | |
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Patrick Geary | |
2. | Reason for the notification | ||
(a) | Position/status | Chief Marketing Officer | |
(b) | Initial notification/ Amendment | Initial notification | |
3. | Details of the issuer | ||
(a) | Name | BLUE PRISM GROUP PLC | |
(b) | LEI | 2138006DQE9FNUW8KO83 | |
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 | Ordinary shares of £0.01 each | |
(b) | Identification code of the Financial Instrument | GB00BYQ0HV16 | |
(c) | Nature of the transaction | Sale of shares
| |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
425.00p | 390,000 | ||
(e) | Aggregated information - Aggregated volume - Price | N/A | |
(f) | Date of the transaction | 23 March 2017 | |
(g) | Place of the transaction | London Stock Exchange | |
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Neil Wright | |
2. | Reason for the notification | ||
(a) | Position/status | Director of Professional Services | |
(b) | Initial notification/ Amendment | Initial notification | |
3. | Details of the issuer | ||
(a) | Name | BLUE PRISM GROUP PLC | |
(b) | LEI | 2138006DQE9FNUW8KO83 | |
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 | Ordinary shares of £0.01 each | |
(b) | Identification code of the Financial Instrument | GB00BYQ0HV16 | |
(c) | Nature of the transaction | Sale of shares
| |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
425.00p | 325,000 | ||
(e) | Aggregated information - Aggregated volume - Price | N/A | |
(f) | Date of the transaction | 23 March 2017 | |
(g) | Place of the transaction | London Stock Exchange | |
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Martin Flood | |
2. | Reason for the notification | ||
(a) | Position/status | Director of Sales | |
(b) | Initial notification/ Amendment | Initial notification | |
3. | Details of the issuer | ||
(a) | Name | BLUE PRISM GROUP PLC | |
(b) | LEI | 2138006DQE9FNUW8KO83 | |
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 | Ordinary shares of £0.01 each | |
(b) | Identification code of the Financial Instrument | GB00BYQ0HV16 | |
(c) | Nature of the transaction | Sale of shares
| |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
425.00p | 200,000 | ||
(e) | Aggregated information - Aggregated volume - Price | N/A | |
(f) | Date of the transaction | 23 March 2017 | |
(g) | Place of the transaction | London Stock Exchange | |
For further information please contact:
Blue Prism Group plc Jason Kingdon, Chairman Alastair Bathgate, Chief Executive Officer Gary Johnson, Chief Financial Officer
| via Newgate Communications |
Investec Bank plc Corporate Finance: Andrew Pinder, Sebastian Lawrence Corporate Broking: Carlton Nelson, Rob Baker
| Tel: +44 (0)20 7597 5970 |
Newgate Communications Bob Huxford / Adam Lloyd / James Browne
| Tel: +44 (0)20 7653 9850 |
About Blue Prism
Blue Prism Group plc ("Blue Prism" or the "Group"), a UK-headquartered global software company, is a leader in Robotic Process Automation ("RPA"), which enables blue-chip organisations to create a digital workforce powered by Blue Prism's software robots that are trained to automate routine back-office clerical tasks. The Group's enterprise-grade software enables the automation of manual, rules-based, administrative processes to create a more agile, cost effective and accurate back-office.
Blue Prism's RPA software delivers the world's most successful digital workforce and has executed over 1 billion transactions for our customers, which include Aegon, BNY Mellon, Commerzbank, IBM, ING, Maersk, Nokia, Nordea, Procter & Gamble, Raiffeisen Bank, Siemens, Westpac and Zurich. As at 31 October 2016, Blue Prism had 86 employees based out of offices in Newton le Willows and London (UK) and Miami, Chicago, New York and San Francisco (US).
For more information visit www.blueprism.com and follow the company on LinkedIn and Twitter.
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