CLOUDCOCO GROUP PLC

Director's Dealing • Aug 11, 2020

National Storage Mechanism | Additional information

RNS Number : 8044V

Cloudcoco Group PLC

11 August 2020

CloudCoCo Group plc

("CloudCoCo" or the "Company")

Director/PDMR Shareholding

CloudCoCo (AIM: CLCO) a UK provider of IT and communications solutions to businesses and public sector organisations, announces that it received notification yesterday that Non-Executive Chairman, Simon Duckworth has purchased a total of 500,000 Ordinary Shares of 1 pence in the Company ("Ordinary Shares") at 1.15 pence per share. The purchase of Ordinary Shares took place as follows:

• 250,000 Ordinary Shares purchased on 7 August 2020 at a price of 1.15 pence per share

• 250,000 Ordinary Shares purchased on 10 August 2020 at a price of 1.15 pence per share

Following these trades, Simon Duckworth's beneficial holding is 8,250,000 Ordinary Shares, representing 1.67 per cent. of the current total voting rights of the Company. 

Further details are contained within the notification below, made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014. 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Simon Duckworth

2

Reason for the notification

a)

Position/status

Non-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

CloudCoCo Group plc

b)

LEI

213800D4GJKAFHT5TB32

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 1 pence each

GB00B8GRBX01

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Purchase

Price(s)	Volume(s)
1.15 pence (7 August 2020) 1.15 pence (10 August 2020)	250,000 250,000

d)

Aggregated information

-       Aggregated volume
-       Price
-       Total

500,000
1.15 pence
£5,750

e)

Date of the transaction

7 August 2020 and 10 August 2020

f)

Place of the transaction

London Stock Exchange (XLON)

Name of authorised official of issuer responsible for making notification:

Darron Giddens

Company Secretary to CloudCoCo Group plc 

Contacts:

CloudCoCo Group plc Darron Giddens (Company Secretary)	01925 398 255
N+1 Singer (Nominated Adviser and Broker) Peter Steel / Ben Farrow	020 7496 3000
Alma PR (financial PR adviser) David Ison Josh Royston Kieran Breheny	020 3405 0205 cloudcoco@almapr.co.uk

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.

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