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viewRosslyn Data Technologies PLC

Rosslyn Data Tech. - Issue of Equity

RNS Number : 1684A
Rosslyn Data Technologies PLC
25 September 2020
 

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

Resultant
shareholding

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%

 

 

 

 

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)

 

 

Price(s)

 

Volume(s)

5.65p per share

 

353,000

 

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)

 

 

Price(s)

 

Volume(s)

5.65p per share

 

287,000

 

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)

 

 

Price(s)

 

Volume(s)

5.65p per share

 

287,000

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

N/A

 

 

e)

 

Date of the transaction

 

 

24 September 2020

f)

 

Place of the transaction

 

 

AIMX

 

 

 

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Quick facts: Rosslyn Data Technologies PLC

Price: 5.01

Market: AIM
Market Cap: £17.03 m
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