Business
Holdings in Company and Director Shareholding
Holdings in Company and Director Shareholding.
About this update from Globaldata Plc
[{"type":"text","content":"\n \nRNS Number : 0064N GlobalData PLC 26 January 2016 \n\nGlobalData plc\n(the \"Company\")\n \nHoldings in Company and Director Shareholding\n \nFollowing the announcement made yesterday in respect of Completion, the Company has been notified of the following acquisitions of Ordinary Shares pursuant to the Acquisition:\n \nHoldings in Company\n \nWayne Lloyd (one of the principal Vendors), together with his wife, has acquired an interest in 5,163,529 Ordinary Shares and is now beneficially interested in a total of 5,451,689 Ordinary Shares, representing 5.3 per cent. of the issued share capital of the Company.\n \nDirector shareholding\n \nMichael Danson, chief executive officer of the Company, has acquired an interest in 20,862,745\nOrdinary Shares and is now beneficially interested in a total of 71,304,325 Ordinary Shares, representing 69.7 per cent. of the issued share capital of the Company.\n \nShare Charge\n \nAs set out in the Circular, the £4.5 million loan agreement entered into between Progressive Digital Media (Holdings) Limited (\"PDMH\") and Progressive Trade Media Limited (the \"Loan Agreement\") in connection with the Disposal is secured by a guarantee (the \"Guarantee\") and share charge (the \"Share Charge\") given by Michael Danson and Wayne Lloyd in favour of PDMH.\n \nThe Share Charge given by Michael Danson is in respect of 1,500,000 existing Ordinary Shares (representing approximately 1.47 per cent of the issued share capital of the Company) and provides security for the obligations under the Guarantee. The obligations of Michael Danson under the Guarantee are subject to a limit, so that the total amount that can be recovered from Michael Danson will be limited to the realised value after taxes from the sale of the charged Ordinary Shares.\n \nCapitalised terms used in the circular to shareholders dated 23 December 2015 (the \"Circular\") shall, unless the context provides otherwise, have the same meanings in this announcement.\n \n\n\n\n\nGlobalData plc\n\n\n0207 936 6400\n\n\n\n\nBernard Cragg, Chairman\nMike Danson, Chief Executive Officer\nSimon Pyper, Chief Financial Officer\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \nN+1 Singer (Nominated Adviser and Broker)\n\n\n0207 496 3000\n\n\n\n\nJames Maxwell\n\n\n\n\n\n\n\nJames White\n\n\n\n\n\n\...