20th Dec 2017 09:00
20 December 2017
NEKTAN PLC
("Nektan", the "Company" or the "Group")
PDMR Dealing
Following the announcement on 18 December 2017 of the Placing and Subscription, and following the admission of the Placing, Subscription and Commission Shares to trading on AIM today, Nektan plc (AIM: NKTN), a leading international B2B gaming solutions and services provider, announces the participation of a PDMR in the placing and subscription as follows:
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Patrick Sinclair | ||||
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 | Nektan plc | ||||
b) | LEI | 213800D6E5YEDQQCSE86 | ||||
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 | Ordinary Shares of 1p | ||||
Identification code | ISIN: GI000A12CYF8 | |||||
b) | Nature of the transaction | Share subscription | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 20 December 2017 | ||||
f) | Place of the transaction | London | ||||
Following the transaction, Patrick Sinclair holds 95,238 ordinary shares in the Company, representing 0.2% of the issued share capital of the Company.
Capitalised terms used but not defined in this announcement are as defined in the Company's announcement released at 7.00am on 18 December 2017.
For further information on the Group, please contact:
Nektan Gary Shaw, Interim Chief Executive Officer Patrick Sinclair, Chief Financial Officer |
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Stockdale Securities Limited Tom Griffiths / Ed Thomas | +44 20 7601 6100 |
Further information on Nektan can be found on the Group's website at www.nektan.com
About Nektan:
Nektan is a leading international B2B mobile gaming solutions and services provider, operating in the regulated, interactive real money gaming (RMG) gaming space, delivering original and innovative solutions to commercial organisations that have established online audiences.
Nektan's full end-to-end technology platform, Evolve, simplifies and supports the route to mobile and desktop gaming revenues, managing the full customer experience and back-office operations, allowing commercial partners to focus on marketing the product to their consumers.
Nektan's US operating subsidiary, Respin, provides US land-based casinos with in-venue mobile gaming solutions which allow operators to add mobile technology and content to their existing offerings, with products accessible to players across both cabinets and mobile devices inside the casinos. Respin has a strong intellectual property portfolio including game patents for Rapid Games™ (on-property mobile entertainment), and other captivating concepts and brands.
Nektan is headquartered in Gibraltar, regulated by the Gibraltar Licensing Authority and the UK Gambling Commission, as well as in the Irish market and maintains sales and customer support operations in its two primary geographical targets, Europe and North America. The proprietary Evolve technology is developed and maintained by a talented and experienced team of employees from Nektan's Indian office.
Nektan plc was admitted to the AIM market of the London Stock Exchange in November 2014.
Related Shares:
NKTN.L