FIINU PLC — Director's Dealing 2020

Sep 15, 2020

National Storage Mechanism | Additional information

RNS Number : 0305Z

Immedia Group PLC

15 September 2020

15 September 2020

For immediate release

Immedia Group Plc

("Immedia" or "the Company" or "the Group")

Director/PDMR Shareholding

Immedia (AIM: IME), a supplier of multi-media content and digital solutions for leading brands and global businesses, announces that pursuant to the Subscription and Placing announced on 20 August 2020, Mark Horrocks, Non-Executive Director, (and his related family interests) have subscribed for 3,000,000 New Ordinary Shares at £0.10 per Subscription Share.

As a result, Mark Horrocks (and his related family interests, explained below) are now interested in 7,269,638 Ordinary Shares representing 28.44 per cent. of the issued share capital of the Company. 

Shareholder	Previous shareholding	Subscription	Current shareholding	Percentage shareholding
Mark Horrocks	3,251,638	1,250,000	4,501,638	17.61%
Dewscope Limited (Note 1)	870,000	500,000	1,370,000	5.36%
Mrs Dorothy Jean Horrocks (Note 2)	148,000	1,250,000	1,398,000	5.47%
Total	4,269,638	3,000,000	7,269,638	28.44%

Note 1 - Dewscope Limited is ultimately controlled by Mark Horrocks

Note 2 - Mrs Dorothy Jean Horrocks is Mark Horrocks' mother; Mark Horrocks now has a Lasting Power of Attorney over this shareholding

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			Mark Horrocks (and his related family interests)
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			Immedia Group Pc
b)	LEI			213800XSRH9SNN1EXX92
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 10p each
Identification code			GB0033881904
b)	Nature of the transaction			Subscription for shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.10 £0.10 £0.10	1,250,000 500,000 1,250,000	Own name Dewscope Limited Mrs D Horrocks
d)	Aggregated information
- Aggregated volume			3,000,000
- Price			£0.10
e)	Date of the transaction			15 September 2020
f)	Place of the transaction			Outside of a trading venue

For further information please contact:
Immedia Group Plc Tim Hipperson, Non-executive Chairman Ross Penney, Chief Executive	Tel: +44 (0) 1635 556200
SPARK Advisory Partners Limited (Nomad) Mark Brady Neil Baldwin	Tel: +44 (0) 203 368 3550
SP Angel Corporate Finance LLP (Broker) Abigail Wayne	Tel: +44 (0) 207 470 0470
Tooley Street Communications (IR & media relations) Fiona Tooley	Tel: +44 (0) 7785 703523

About Immedia Group Plc

Immedia Group Plc is a multi-media content and digital solutions provider to global businesses delivering audio visual communication services for brands.

The business provides 'live' branded channels to retail locations across the UK and Europe. Immedia's interactive audio channels deliver targeted original content via its own DreamStream-X platform with encrypted Dreamstream technology deployed in each location. Each channel is supported with powerful data analytics tools that monitor audience activity and provide data to enable Immedia to further enhance audience engagement.  

In addition, Immedia creates original audio production and video content as well as 3D animation and the supply, installation and maintenance of audio visual equipment.

Immedia clients include Shell, Subway, BP, Nationwide Building Society, JD Sports, O2, BMW, IKEA, and FIFA.  

To read more about our business, visit www.immediaplc.com or email us on [email protected]

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