Business
Results of Director Dealings and Issue of Equity
Results of Director Dealings and Issue of Equity.
About this update from Cirata Plc
[{"type":"text","content":"\n \n \n RNS Number : 9494T\n WANdisco Plc\n 24 July 2020\n \n \n \n \n THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR PUBLICATION, RELEASE, OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE OR ACQUIRE ANY SECURITIES IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA (UNLESS AN EXEMPTION UNDER THE RELEVANT SECURITIES LAWS IS AVAILABLE) OR IN ANY OTHER JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.\n \n \n \n \n \n \n \n \n 24 July 2020\n \n \n WANdisco plc\n \n \n (\"WANdisco\" or the \"Company\")\n \n \n \n \n \n Results of Director Dealings and Issue of Equity\n \n \n \n \n \n Further to yesterday's announcement, certain Directors and employees of the Company (together, the \"Selling Shareholders\"), announce that, subject to completion, they have sold in aggregate 993,758 ordinary shares in the Company (\n together, the \"Vendor Placing Shares\") \n at a price of 500 pence per share following the release of Restricted Stock Units (\"RSUs\") vesting under the Company's options schemes, raising aggregate gross proceeds of approximately £5 million (\n together, the \"Vendor Placing\").\n \n \n \n \n \n The trade date for the Vendor Placing share sale was 23 July 2020 and settlement is expected to occur on a T+5 basis on 30 July 2020. \n \n \n Following the Vendor Placing, the Selling Shareholders that are persons discharging managerial responsibilities (\"PDMR\") will have the following resultant shareholdings:\n \n \n \n \n \n Selling PDMR\n \n \n \n \n Ordinary shares sold under RSU\n \n \n \n \n Price of Ordinary shares sold\n \n \n \n \n Ordinary shares retained under RSU\n \n \n \n \n Holding - number of Ordinary Shares\n \n \n \n \n \n \n \n \n \n \n \n \n \n David Richards (\n Chairman, CEO and Co-founder)\n \n \n \n \n 243,536\n \n \n \n \n 500p\n \n \n \n \n 32,031\n \n \n \n \n 2,151,264\n \n \n \n \n \n \n \n \n \n \n \n \n \n Yeturu Aahlad (\n Chief Scientist, Invento...