LEARNING TECHNOLOGIES GROUP PLC

Director's Dealing • Jul 24, 2019

National Storage Mechanism | Additional information

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RNS Number : 4811G

Learning Technologies Group PLC

24 July 2019

24 July 2019

Learning Technologies Group plc

(AIM: LTG)

Director dealing and grant of share options

Learning Technologies Group plc, provider of services and technologies for digital learning and talent management, announces that on 23 July 2019 Leslie-Ann Reed (Non-executive Director) acquired 271,646 ordinary shares in the Company at an average price of 114.29 pence per Ordinary Share.

Following the transaction above, Leslie-Ann Reed's beneficial holding in the Company is 6,458,180 Ordinary Shares and this holding represents approximately 0.967 per cent of the Company's issued share capital.

Further, the Company granted Neil Elton (Chief Financial Officer) 1,000,000 unapproved share options at an exercise price of 75.2 pence per share.  The vesting of these new share options are subject to the achievement of demanding performance criteria; 500,000 share options will vest on the one year anniversary of the LTG share price being at least 150 pence for 30 consecutive days.  A further 500,000 share options will vest on the one year anniversary of the LTG share price being at least 180 pence for 30 consecutive days.

Enquiries:

Learning Technologies Group plc Jonathan Satchell, Chief Executive Neil Elton, Chief Financial Officer	+44 (0)20 7402 1554
Numis Securities Limited (NOMAD and Corporate Broker) Stuart Skinner / Nick Westlake (Nomad) Ben Stoop (Corporate Broker)	+44 (0)20 7260 1000
Goldman Sachs International (Joint Corporate Broker) Bertie Whitehead, Adam Laikin (Corporate Broker)	+44 (0)20 7774 1000
FTI Consulting (Public Relations Adviser) Rob Mindell / Jamie Ricketts	+44 (0)20 3727 1000

About LTG

LTG is a leader in the high growth workplace digital learning and talent management market. The Group offers end-to-end learning and talent solutions ranging from strategic consultancy, through a range of content and platform solutions to analytical insights that enable corporate and government clients to close the gap between current and future workforce capability.

LTG is listed on the London Stock Exchange's Alternative Investment Market (LTG.L) and headquartered in London. The Group has offices in Europe, North America and Asia-Pacific.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Leslie-Ann Reed

2.

Reason for the Notification

a)

Position/status

Non-executive Director

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, type of instrument

Ordinary shares of 0.375p each

Identification code

GB00B4T7HX10

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
114.29 pence	271,646

d)

Aggregated information:

·      Aggregated volume

·      Price

See 4 (c) above

e)

Date of the transaction

23 July 2019

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Neil Elton

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

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, type of instrument

Ordinary shares of 0.375p each

Identification code

GB00B4T7HX10

b)

Nature of the transaction

Grant of share options

c)

Price(s) and volume(s)

Price(s)	Volume(s)
75.20 pence	1,000,000

d)

Aggregated information:

·      Aggregated volume

·      Price

See 4 (c) above

e)

Date of the transaction

23 July 2019

f)

Place of the transaction

Outside a trading venue

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