5 November 2020
Ideagen PLC
("Ideagen," the "Company" or the "Group'')
PDMR dealing, exercise of options and total voting rights
Ideagen PLC (AIM: IDEA), a leading supplier of Information Management Software to highly regulated industries, announces that Elizabeth Hewitt, the wife of Alex Hewitt, Chief Legal Officer, has sold 16,000 ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") at a price of 223 pence on 3 November 2020. Following the sale of shares, Mr Hewitt has a beneficiary interest in 116,095 shares, representing 0.05% of the issued share capital of the Company.
Additionally, the Company received notification, from an employee, for the exercise of options over 75,000 ordinary shares ("New Ordinary Shares") in the Company at an exercise price of 35 pence per New Ordinary Share.
Application has been made to the London Stock Exchange for the 75,000 New Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 11 November 2020.
After Admission, the total number of Ordinary Shares in issue will be 226,918,008 and the total number of voting rights will therefore be 226,918,008. This figure 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 and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
Enquiries:
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Ideagen plc
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01629 699 100
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David Hornsby, Executive Chairman
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Ben Dorks, Chief Executive Officer
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Emma Hayes, Chief Financial Officer
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finnCap Limited
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020 7220 0500
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Henrik Persson/James Thompson/Kate Washington (Nomad)
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Alice Lane (ECM)
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Canaccord Genuity
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020 7523 8000
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Simon Bridges
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Richard Andrews
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About Ideagen plc
Ideagen is a UK-headquartered, global technology company quoted on the London Stock Exchange AIM market (Ticker: IDEA.L).
The Group provides software and services to organisations operating within highly regulated industries such as aviation, banking and finance and life science, with its main operational premises spread throughout the UK, EU, US, Middle East and SE Asia.
With an excellent portfolio of software products including Q-Pulse, Coruson, Pentana Audit and PleaseReview, Ideagen helps its clients reduce costs, improve operational efficiency, strengthen compliance and oversight and anticipate and manage every detail of risk.
Currently, more than 5,500 organisations use Ideagen's products including eight of the top 10 UK accounting firms, all of the top aerospace and defence companies and 75% of the world's leading pharmaceutical firms.
Ideagen's diverse and varied customer base includes many well-known, global brands such as British Airways, Aggreko, BAE, Ryanair, US Navy, KLM, BBVA, Bank of New York, Commerzbank, Meggitt, Heineken, Johnson Matthey, Haeco Group and European Central Bank. As well as this, Ideagen counts 180 hospitals across the UK and US amongst its client base.For further information please visit
www.ideagen.com
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1.
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Alex Hewitt
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2.
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Reason for the Notification
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a)
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Position/status
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Chief Legal Officer and PDMR
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b)
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Initial notification/Amendment
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Initial notification
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3.
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Ideagen plc
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b)
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LEI
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213800KS1MLITOVNYC85
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4.
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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
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a)
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Description of the Financial instrument, type of instrument
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Ordinary Shares of 1p each
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Identification code
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GB00B0CM0C50
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b)
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Nature of the transaction
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Sale of shares
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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223 pence
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16,000
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d)
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Aggregated information:
· Aggregated volume
· Price
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Sale of 16,000 ordinary shares at 223 pence per share
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e)
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Date of the transaction
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3 November 2020
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f)
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Place of the transaction
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AIM
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