05 April 2018
The SimplyBiz Group plc
(the "Company")
Director / PDMR Shareholding
Acquisition of shares in the capital of Simply Biz Limited pursuant to The SimplyBiz Group plc Management Incentive Plan (''MIP'') and the grant of options pursuant to The SimplyBiz Group plc Company Share Option Plan (the "CSOP")
NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
On 4 April 2018, following the admission of the Company's ordinary shares of £0.01 each ("Ordinary Shares") to trading on AIM (and as indicated in the Company's Admission Document), the Remuneration Committee of the Company's Board invited a limited number of employees to acquire certain classes of A ordinary shares in the capital of Simply Biz Limited pursuant to the MIP and authorised the Company to grant options to acquire Ordinary Shares to a limited number of the employees of the Company and its subsidiaries pursuant to the CSOP.
On 4 April 2018, pursuant to the aforementioned invitations under the MIP, the individuals disclosed below who are persons discharging managerial responsibilities (PDMRs) acquired the relevant class and number of A ordinary shares in the capital of Simply Biz Limited disclosed below by way of subscription.
On 4 April 2018, Gareth Hague, the Group Finance Director and PDMR was granted an option to acquire Ordinary Shares by the Company pursuant to the CSOP, further details of which are set out below.
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|
|
a) |
Name |
Neil Martin Stevens |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Joint Chief Executive Officer (PDMR) |
|
b) |
Initial notification/Amendment |
Initial notification |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
The SimplyBiz Group plc |
|
b) |
LEI |
213800DXP1VY21GCTH04 |
|
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 |
A1 Ordinary Shares of £7 each in the capital of Simply Biz Limited ("A1 Shares"), a wholly owned subsidiary of The SimplyBiz Group plc
N/A |
|
b) |
Nature of the transaction |
Subscription for 750 A1 Shares (the rights relating to which are summarised in Paragraph 3 and 5 of Part 5 in the Admission Document dated 22 March 2018) |
|
c) |
Price(s) and volume(s) |
Price(s) £7 per A1 Share Volume(s) 750 |
|
d) |
Aggregated information |
Aggregate Price £5,250 Volume(s) 750 |
|
e) |
Date of transaction |
4 April 2018 |
|
f) |
Place of transaction |
Outside a trading venue |
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|
|
a) |
Name |
Matthew Lloyd Timmins |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Joint Chief Executive Officer (PDMR) |
|
b) |
Initial notification/Amendment |
Initial notification |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
The SimplyBiz Group plc |
|
b) |
LEI |
213800DXP1VY21GCTH04 |
|
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 |
A1 Ordinary Shares of £7 each in the capital of Simply Biz Limited ("A1 Shares"), a wholly owned subsidiary of The SimplyBiz Group plc
N/A |
|
b) |
Nature of the transaction
|
Subscription for 750 A1 Shares (the rights relating to which are summarised in Paragraph 3 and 5 of Part 5 in the Admission Document dated 22 March 2018)
|
|
c) |
Price(s) and volume(s) |
Price(s) £7 per A1 Share Volume(s) 750 |
|
d) |
Aggregated information |
Aggregate Price £5,250 Volume(s) 750 |
|
e) |
Date of transaction |
4 April 2018 |
|
f) |
Place of transaction |
Outside a trading venue |
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|
|
a) |
Name |
Sarah Clare Turvey |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Chief Operations Officer/Company Secretary (PDMR) |
|
b) |
Initial notification/Amendment |
Initial notification |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
The SimplyBiz Group plc |
|
b) |
LEI |
213800DXP1VY21GCTH04 |
|
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 |
A2 Ordinary Shares of £10 each in the capital of Simply Biz Limited ("A2 Shares"), a wholly owned subsidiary of The SimplyBiz Group plc
N/A |
|
b) |
Nature of the transaction |
Subscription for 525 A2 Shares (the rights relating to which are summarised in Paragraph 3 and 5 of Part 5 in the Admission Document dated 22 March 2018) |
|
c) |
Price(s) and volume(s) |
Price(s) £10 per A2 Share Volume(s) 525 |
|
d) |
Aggregated information |
Aggregate Price £5,250 Volume(s) 525 |
|
e) |
Date of transaction |
4 April 2018 |
|
f) |
Place of transaction |
Outside a trading venue |
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|
|
a) |
Name |
Gary John Kershaw |
|
2 |
Reason for the notification |
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|
a) |
Position/status |
Group Compliance Director (PDMR) |
|
b) |
Initial notification/Amendment |
Initial notification |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
The SimplyBiz Group plc |
|
b) |
LEI |
213800DXP1VY21GCTH04 |
|
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 |
A3 Ordinary Shares of £23 in the capital of Simply Biz Limited ("A3 Shares"), a wholly owned subsidiary of The SimplyBiz Group plc
N/A |
|
b) |
Nature of the transaction |
Subscription for 225 A3 Shares (the rights relating to which are summarised in Paragraph 3 and 5 of Part 5 in the Admission Document dated 22 March 2018) |
|
c) |
Price(s) and volume(s) |
Price(s) £23 per A3 Share Volume(s) 225 |
|
d) |
Aggregated information |
Aggregate Price £5,175 Volume(s) 225 |
|
e) |
Date of transaction |
4 April 2018 |
|
f) |
Place of transaction |
Outside a trading venue |
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|
|
a) |
Name |
Gareth Richard Hague |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group Finance Director (PDMR) |
|
b) |
Initial notification/Amendment |
Initial notification |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
The SimplyBiz Group plc |
|
b) |
LEI |
213800DXP1VY21GCTH04 |
|
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 £0.01 each in the capital of The SimplyBiz Group plc ("Ordinary Shares")
GB00BG1THS43 |
|
b) |
Nature of the transaction |
Grant of an option to acquire Ordinary Shares at an option exercise price of £1.70 per Ordinary Share made pursuant to The SimplyBiz Group plc Company Share Option Plan |
|
c) |
Price(s) and volume(s) |
Price(s) £1.70 per Ordinary Share Volume(s) 17,647 |
|
d) |
Aggregated information |
Aggregate Price £29,999.99 Volume(s) 17,647 |
|
e) |
Date of transaction |
4 April 2018 |
|
f) |
Place of transaction |
Outside a trading venue |