CLS Holdings PLC

Director's Dealing • Sep 28, 2018

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RNS Number : 2491C

PROACTIS Holdings PLC

28 September 2018

Proactis Holdings PLC

Director's Shareholding

and Total Voting Rights

PROACTIS Holdings PLC ("PROACTIS", the "Group" or the "Company"), the global spend management and B2B eCommerce solution provider, was notified on 27 September 2018 that Tim Sykes (Chief Financial Officer) exercised options over 75,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at an exercise price of 18.75 pence per Ordinary Share.

Following this transaction, Tim Sykes holds 332,736 Ordinary Shares, representing 0.35% of the Company's total voting rights.

The below notification, 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 75,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence on 4 October 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 94,603,614.  Accordingly, the figure of 94,603,614 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 Guidance 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 Bob Huxford 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 indirect expenditure.  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:

Exercise of options

c)

Price(s) and volume(s):

Price(s)	Volume(s)
18.75 pence	75,000

d)

Aggregated information:

·      Aggregated volume:

·      Price:

Single transaction as per 4 c above

e)

Date of the transaction:

27 September 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

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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