LEARNING TECHNOLOGIES GROUP PLC

Share Issue/Capital Change • Jun 14, 2017

National Storage Mechanism | Additional information

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RNS Number : 0030I

Learning Technologies Group PLC

14 June 2017

14 June 2017

Learning Technologies Group Plc

Exercise of options, Director dealing and Total Voting Rights

Pursuant to the exercise of options by Dale Solomon (Chief Operating Officer), LTG confirms that an application has been made to the London Stock Exchange for the admission of 1,165,914 new ordinary shares to trading on AIM.  Admission of the new shares is expected to take place at 8.00am on 20 June 2017.

Following the anticipated admission of these shares, the total number of ordinary shares of 0.375p each in the capital of the Company in issue will be 549,907,029 with each share carrying the right to one vote.

LTG holds 404,340 shares in treasury.  The figure of 549,502,689 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

The options had an average exercise price of 1.882 pence per share and were subsequently sold at a price of 43.5 pence per share.

Following the above transactions the beneficial interests of all Directors in the share capital of the Company are as follows:

Director	No of shares	% of Issued	No of options
Andrew Brode (Chairman)	115,881,671	21.07%	-
Harry Hill (Deputy Chairman)*	2,211,000	0.40%	-
Jonathan Satchell (Chief Executive)	105,289,995	19.15%	-
Neil Elton (Group Finance Director)	206,666	0.04%	3,000,000
Piers Lea (Chief Strategy Officer)*	17,023,383	3.10%	-
Dale Solomon (Chief Operating Officer)	-	-	19,395,076
Leslie-Ann Reed (Non-executive Director)	3,366,666	0.61%	-

*Including spouse

Enquiries

Learning Technologies Group plc	+44 (0)1273 468 889
Jonathan Satchell, Chief Executive Neil Elton, Group Finance Director
Numis Securities Limited	+44 (0)20 7260 1000
Stuart Skinner / Michael Wharton (Nominated Adviser)
Ben Stoop (Corporate Broker)
Hudson Sandler LLP	+44 (0)20 7796 4133
Andrew Hayes / Bertie Berger

1.        

Details of the person(s) discharging managerial responsibilities/person closely associated with them

a)  

Name

Dale Solomon

2.        

Reason for the notification

a)  

Position/status

Chief Operating Officer

b)  

Initial notification/Amendment

Initial notification

3.        

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)  

Name

Learning Technologies Group plc

b)  

LEI

21380039DW5LJ4FIC214

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

Ordinary shares of 0.375p each

ISIN

GB00B4T7HX10

b)  

Nature of transaction

Exercise of Options

c)  

Price(s) and volume(s)

Price	Volume
£0.01882	1,165,914

d)  

Aggregated information

-   Aggregated volume

-   Price

N/A

e)  

Date of transaction

13 June 2017

f)   

Place of transaction

Outside a trading venue

1.        

Details of the person(s) discharging managerial responsibilities/person closely associated with them

a)

Name

Dale Solomon

2.        

Reason for the notification

a)

Position/status

Chief Operating Officer

b)

Initial notification/Amendment

Initial notification

3.        

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Learning Technologies Group plc

b)

LEI

21380039DW5LJ4FIC214

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

Ordinary shares of 0.375p each

ISIN

GB00B4T7HX10

b)

Nature of transaction

Disposal of shares

c)

Price(s) and volume(s)

Price	Volume
£0.435	1,165,914

d)

Aggregated information

-   Aggregated volume

-   Price

N/A

e)

Date of transaction

13 June 2017

f)

Place of transaction

Outside a trading venue

This information is provided by RNS

The company news service from the London Stock Exchange

END

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