RNS Number : 6128F
IQ-AI Limited
17 November 2020
IQ-AI Ltd
(the "Company")
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them
This notification relates to transactions notified in accordance with the Market Abuse Regulation, further details below:
1.
|
Details of the person discharging managerial responsibilities/ person closely associated
|
a)
|
Name
|
Trevor Brown
|
2.
|
Reason for the notification
|
a)
|
Position/status
|
Director
|
b)
|
Initial notification/ Amendment
|
Initial Notification
|
3.
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
a)
|
Name
|
IQ-AI Limited
|
b)
|
LEI
|
213800SPW48XRJS2QH57
|
4.
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Ordinary share
JE00BD4H0R42
|
b)
|
Nature of the transaction
|
C
onverted loan to new shares
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£0.015
£0.02
|
3,566,667
11,000,000
|
d)
|
Aggregated information
·
Aggregated volume
·
Price
|
14,566,667
|
e)
|
Date of the transaction
|
17
November
2020
|
f)
|
Place of the transaction
|
London Stock Exchange Main Market
|
|
|
|
|
|
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