CHECKIT PLC

Director's Dealing • Dec 18, 2019

National Storage Mechanism | Additional information

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RNS Number : 3988X

Checkit PLC

18 December 2019

Checkit plc

("Checkit" or the "Company")

PDMR Dealing, Exercise of Options and Concert Party Holdings

Checkit plc (AIM:CKT) [the global technology group], announces that Keith Daley, Executive Chairman, has purchased 750,000 ordinary shares of 5 pence each ("Ordinary Shares") at an average price of 30 pence per Ordinary Share (the "Purchase").

In addition to the Purchase, Mr Daley has exercised options over 541,500 Ordinary Shares at an exercise price of 29.5 pence per Ordinary Share (the "Exercise of Options"). No new Ordinary Shares have been issued as these shares were held and have been transferred by the Elektron Technology 2012 Employee Benefit Trust (the "EBT") to satisfy the Exercise of Options.

Following the Purchase and Exercise of Options, Mr Daley's total beneficial interest in the Company is 8,528,339 Ordinary Shares representing 13.75% of the Company's total issued share capital as at today's date. 

Concert party holdings

The Company has previously notified its shareholders of the existence of a concert party comprising Keith Daley, John Wilson and the EBT (the "Concert Party"). Following the Purchase and Exercise of Options, the Concert Party will have control of voting rights over 10,513,165 Ordinary Shares, representing approximately 16.95% of the Company's issued share capital.

Total voting rights

Following this exercise of options, the Company's total issued share capital will remain unchanged, consisting of 62,033,617 Ordinary Shares with one voting right per share. There are no shares held in treasury. Therefore, the total number of voting rights in the Company will be 62,033,617.

The above figure of 62,033,617 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.

-END-

Checkit plc	+44 (0) 1223 371 000
www.checkit.net
Keith Daley (Executive Chairman)
Andrew Weatherstone (Chief Financial Officer and Company Secretary)
Yellowstone Advisory (Investor Relations)	+44 (0) 7710 164 120
Alex Schlich
N+1 Singer (Nominated Adviser & Broker)	+44 (0) 20 7496 3000
Shaun Dobson / George Tzimas (Corporate Finance)
Rachel Hayes (Corporate Broking)

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

Keith Daley

2

Reason for the notification

a)

Position/status

Executive Chairman

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

Checkit plc

b)

LEI

213800556WJOWQNT2R68

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 5 pence each

GB00B0C5RG72

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
30.0 pence	750,000

d)

Aggregated information

- Aggregated volume

- Price

N/A single transaction

e)

Date of the transaction

18 December 2019

f)

Place of the transaction

London Stock Exchange

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

Keith Daley

2

Reason for the notification

a)

Position/status

Executive Chairman

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

Checkit plc

b)

LEI

213800556WJOWQNT2R68

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 5 pence each

GB00B0C5RG72

b)

Nature of the transaction

Exercise of options

c)

Price(s) and volume(s)

Price(s)	Volume(s)
29.5 pence	541,500

d)

Aggregated information

- Aggregated volume

- Price

N/A single transaction

e)

Date of the transaction

18 December 2019

f)

Place of the transaction

Outside of a trading platform

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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