25th Sep 2020 12:01
25 September 2020
Rosslyn Data Technologies plc
("RDT" or the "Company")
Issue of Equity
The Company announces today that, following the achievement of targets for the financial year ended 30 April 2020 pursuant to the Company's Executive Bonus Scheme, application has been made for the admission to trading on AIM ("Admission") of 927,000 new ordinary shares of 0.5p each in the capital of the Company ("New Ordinary Shares").
The New Ordinary Shares are being issued at the price of 5.65 pence on 24 September 2020 to the following directors, who have agreed to receive shares in lieu of cash:
Director | Number of New Ordinary Shares issued | Resultantshareholding | Percentage of enlarged share capital |
Roger Bullen | 353,000 | 3,312,883 | 0.97% |
Hugh Cox | 287,000 | 11,741,784 | 3.46% |
Ash Mehta | 287,000 | 887,000 | 0.26% |
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Admission is expected to occur at 8.00 a.m. on or around 1 October 2020, and the New Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares. Following Admission, the Company's issued share capital will comprise 339,842,521 Ordinary Shares, each with voting rights, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
Rosslyn Data Technologies plc | Roger Bullen, Chief Executive Officer | +44(0)77 7162 3345+44(0)20 7138 3203 |
| Ash Mehta, Chief Financial Officer | +44(0)20 7138 3203 |
Cenkos Securities,Nominated Adviser, Broker | Stephen Keys/Giles Balleny
| +44(0)20 7397 8924 |
Notes to Editors
Rosslyn Data Technologies plc, (AIM: RDT) is a leading provider of a cloud-based big-data analytics platform. The company provides analytical services by combining four key technologies: bulk data extraction; cleansing; enrichment; and visualisation, through a single cloud platform enabling users with detailed data to make more informed decisions. Rosslyn's RAPid platform is the Group's primary product available to its multinational customers.
Further information can also be found on the Company's website at: www.rosslyndatatech.com
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
| Roger Bullen
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Executive Officer | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Rosslyn Data Technologies plc | ||||
b)
| LEI
| 213800UJ7YTBGGXGJN09 | ||||
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 GBP 0.005
ISIN: GB00BKX5CP01
| ||||
b)
| Nature of the transaction
| Receipt of Ordinary Shares pursuant to Executive Bonus Scheme | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A
| ||||
e)
| Date of the transaction
| 24 September 2020 | ||||
f)
| Place of the transaction
| AIMX | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Hugh Cox
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Founder, Chief Information Officer & PDMR | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Rosslyn Data Technologies plc | ||||
b)
| LEI
| 213800UJ7YTBGGXGJN09 | ||||
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 GBP 0.005
ISIN: GB00BKX5CP01
| ||||
b)
| Nature of the transaction
| Receipt of Ordinary Shares pursuant to Executive Bonus Scheme | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A
| ||||
e)
| Date of the transaction
| 24 September 2020 | ||||
f)
| Place of the transaction
| AIMX | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Ash Mehta
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Financial Officer | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Rosslyn Data Technologies plc | ||||
b)
| LEI
| 213800UJ7YTBGGXGJN09 | ||||
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 GBP 0.005
ISIN: GB00BKX5CP01
| ||||
b)
| Nature of the transaction
| Receipt of Ordinary Shares pursuant to Executive Bonus Scheme | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A
| ||||
e)
| Date of the transaction
| 24 September 2020 | ||||
f)
| Place of the transaction
| AIMX | ||||
Related Shares:
Rosslyn Data