Director's Dealing • Jan 17, 2022
Director's Dealing
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RNS Number : 6528Y
Bytes Technology Group PLC
17 January 2022
Bytes Technology Group plc
("Bytes" or "the Company")
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
17 January 2022
The Company announces that on 14 January 2022, Neil Murphy, CEO, sold 500,000 ordinary shares of £0.01 each in the Company for his own tax and estate planning purposes. Following the sale, he will retain a beneficial holding of 3,690,941 ordinary shares, representing 1.54% of the ordinary issued share capital of the Company.
The Company will not receive any proceeds from the sale.
In accordance with Article 19 of the UK Market Abuse Directive, detailed information is set out below.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Neil Murphy |
| 2. | Reason for the notification | |
| a) | Position / status | Chief Executive Officer |
| b) | Initial notification / amendment | Initial Notification |
| 3. | Details of the issuer or emission allowance market participant | |
| a) | Name | Bytes Technology Group plc |
| b) | LEI | 213800LA4DZLFBAC9O33 |
| 4. | Details of the transaction(s): | |
| a) | Description of the financial instrument Identification code |
Ordinary shares of 1 pence GB00BMH18Q19 |
| b) | Nature of the transaction | Sale of shareholding via on-market trade |
| c) | Price(s) and volume(s) | Price: 510p Volume: 500,000 |
| d) | Aggregated information - Aggregated volume - Price |
N/A |
| e) | Date of the transaction | 14 January 2022 |
| f) | Place of the transaction | On-market transaction |
Enquiries:
| WK Groenewald | Tel: +44 (0)1372 418 992 |
| Group Company Secretary | |
| Bytes Technology Group plc |
The Company has a primary listing on the Main Market of the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.
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