CLS Holdings PLC

Director's Dealing • Jun 5, 2018

National Storage Mechanism | Additional information

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RNS Number : 2655Q

PROACTIS Holdings PLC

05 June 2018

PROACTIS Holdings PLC

Directors Shareholdings

Issue of Equity

and Total Voting Rights

PROACTIS Holdings PLC ("PROACTIS", the "Group" or the "Company"), the global Spend Control and eProcurement solution provider, announces that a total of 300,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") have been allotted pursuant to an exercise of options by Sean McDonough (Chief Operating Officer) ("Options"). In addition, the Company was notified on 4 June 2018 that Tim Sykes (Chief Financial Officer) purchased 10,000 Ordinary Shares.

Directors Holdings

Director	Number of Options over Ordinary Shares exercised	Number of Ordinary Shares purchased	Resultant number of Ordinary Shares held following admission of new Ordinary Shares	% of total voting rights following admission of new Ordinary Shares
Sean McDonough	300,000	-	621,666	0.67%
Tim Sykes	-	10,000	257,736	0.28%

The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the transactions.

Issue of Equity and Total Voting Rights

Pursuant to the exercise of options, application has been made for the 300,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence on 8 June 2018. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

The total number of Ordinary Shares in issue following Admission will be 93,236,123.  Accordingly, the figure of 93,236,123 may be used by shareholders 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 Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

PROACTIS Holdings PLC
Hamp Wall, Chief Executive Officer Tim Sykes, Chief Financial Officer	Via Redleaf Communications
Redleaf Communications
Elisabeth Cowell Fiona Norman	020 3757 6880
finnCap Limited Corporate Finance Stuart Andrews	0207 220 0500
Carl Holmes Emily Watts

Notes to Editors:

PROACTIS creates, sells and maintains software and services which enable organisations to streamline, control and monitor all internal and external expenditure other than payroll.  Its solutions are used in approximately 1,000 buying organisations around the world from the commercial, public and not-for-profit sectors.

PROACTIS is head quartered in London and floated on the AIM market of the London Stock Exchange in June 2006.

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Tim Sykes  

2.

Reason for the notification

a)

Position/status:

Chief Financial Officer

b)

Initial notification/Amendment:

Initial notification

3.

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

a)

Name:

PROACTIS Holdings PLC

b)

LEI:

213800NX05KK2YWNRJ19

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, type of instrument:

Identification code:

Ordinary shares of 10 pence each

GB00B13GSS58

b)

Nature of the transaction:

Purchase of Ordinary Shares

c)

Price(s) and volume(s):

Price(s)	Volume(s)
115 pence	10,000

d)

Aggregated information:

·      Aggregated volume:

·      Price:

Single transaction as per 4 c above

e)

Date of the transaction:

4 June 2018

f)

Place of the transaction:

Off market transaction

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Sean McDonough

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:

PROACTIS Holdings PLC

b)

LEI:

213800NX05KK2YWNRJ19

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, type of instrument:

Identification code:

Ordinary shares of 10 pence each

GB00B13GSS58

b)

Nature of the transaction:

Exercise of Options

c)

Price(s) and volume(s):

Price(s)	Volume(s)
18.75 pence	300,000

d)

Aggregated information:

·      Aggregated volume:

·      Price:

Single transaction as per 4 c above

e)

Date of the transaction:

4 June 2018

f)

Place of the transaction:

Off market transaction

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014

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