Business
Issue of Shares/PDMR dealing & total voting rights
Issue of Shares/PDMR dealing & total voting rights.
About this update from Tpximpact Holdings Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3106E\n Panoply Holdings PLC (The) \n 05 November 2020\n \n \n \n \n 5 November 2020\n \n \n The Panoply Holdings PLC\n \n \n (\"The Panoply\", or the \"Group\")\n \n \n \n \n \n Issue of Shares / PDMR dealing and total voting rights\n \n \n \n \n \n The\n \n Panoply Holdings PLC, the technology-enabled services group focused on digital transformation, announces that the Group has today issued 526,291 new ordinary shares of 1 pence each in respect of outstanding acquisition consideration totalling £637,339 (\"Earnout Shares\").\n \n \n \n \n \n Neal Gandhi and Oliver Rigby received 75,372 and 2,437 Earnout Shares respectively in respect of the acquisitions as set out in the following table: \n \n \n \n \n \n \n \n \n \n Name\n \n \n \n \n Shares issued\n \n \n \n \n Total shares held post issue\n \n \n \n \n Percentage of issued share capital\n \n \n \n \n \n \n Neal Gandhi\n \n \n \n \n 75,372\n \n \n \n \n 9,924,516\n \n \n \n \n 14.5%\n \n \n \n \n \n \n Oliver Rigby\n \n \n \n \n 2,437\n \n \n \n \n 5,115,435\n \n \n \n \n 7.5%\n \n \n \n \n \n \n \n \n \n Remaining value of acquisition consideration to be issued\n \n \n \n Following the issue, the Company has additional consideration to pay totalling £\n 13,014,079. The maximum further shares to be issued as a result of this consideration is 16,944,438, which reduces to 11,568,070 assuming the share price remained constant at 112.5p, being the closing mid market price on 3 November 2020. Further details of the share issues are set out below:\n \n \n \n \n \n \n \n \n \n \n \n \n Value £'000s\n \n \n \n \n Minimum share price\n \n \n \n \n Max shares to be issued '000s\n \n \n \n \n Shares to be issued calculated based on yesterday's closing share price\n \n \n \n \n \n \n 8,488\n \n \n \n \n 74p\n \n \n \n \n 11,471\n \n \n \n \n 7,545\n \n \n \n \n \n \n 1,306\n \n \n \n \n 82p\n \n \n \n \n 1,593\n \n \n \n \n 1,161\n \n \n \n \n \n \n 838\n \n \n \n \n 82.5p\n \n \n \n \n 1,015\n \n \n \n \n 745\n \n \n \n \n \n \n 2,382\n \n \n \n \n 83.125p\n \n \n \n \n 2,865\n \n \n \n \n 2,117\n \n \n \n \n \n \n 13,014\n \n \n \n \n \n \n \n 16,944\n \n \n \n \n 11,568\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Timing of payment of acquisition consideration\n \n \n \n \n Val...