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GFINITY PLC
Share Issue/Capital Change • Mar 31, 2022
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Share Issue/Capital Change
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National Storage Mechanism | Additional information 
RNS Number : 7976G
Gfinity PLC
31 March 2022
| 31 March 2022 |
Gfinity PLC
("Gfinity", the "Company" or the "Group")
Director/PDMR Shareholdings
Gfinity plc (AIM: GFIN), a world leading esports solutions provider, confirms that as part of the Fundraising to raise £2.70 million announced on 14 March 2022, the following Directors have subscribed for a total of 7,600,000 New Ordinary Shares of 0.1p each in the Company at the Placing Price of 1.25 pence, as detailed below:
| Director | Role | No. of New Ordinary Shares held prior to the Fundraise | No. of New Ordinary Shares subscribed for | No. of Ordinary Shares held on Admission |
| John Clarke | Chief Executive Officer | 1,847,222 | 2,000,000 | 3,847,222 |
| Jonathan Hall | Chief Finance and Operating Officer | 1,472,222 | 2,000,000 | 3,472,222 |
| Len Rinaldi | Non-Executive Director | - | 2,000,000 | 2,000,000 |
| Hugo Drayton | Non-Executive Director | - | 1,600,000 | 1,600,000 |
The Director participation is in line with that announced in the Fundraising announcement of 14 March 2022 and follows the release of the Company's interim results for the six months ended 31 December 2021 and the cessation of the applicable close period for Director dealings.
The issue of the subscription shares is conditional upon shareholder approval at the Company's General Meeting on 01 April 2022. The Company provides further PDMR disclosure forms below, that are also being submitted online to the FCA, in relation to the Subscription Shares.
Terms and definitions used in this announcement shall have the same meaning as ascribed to them in the Fundraising Announcement released at 5:04 p.m. on 14 March 2022, unless the context requires otherwise.
For further information, please contact:
| Gfinity plc John Clarke, CEO |
www.gfinityplc.com Via Teneo |
|
| Teneo (Media) Anthony Di Natale |
Tel: +44 7880 715975 [email protected] |
|
| Canaccord Genuity Limited (Nominated Adviser, Sole Bookrunner & Sole Broker) Bobbie Hilliam / Patrick Dolaghan |
Tel: +44 (0)207 523 8150 | |
The information below set out in accordance with the requirement of the EU Market Abuse Regulation provides further detail.
1
Details of the person discharging managerial responsibilities
a)
Name
John Clarke
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Gfinity plc
b)
LEI
213800GNV14EDQNRWI17
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
Ordinary shares of 0.1 pence each
b)
Identification code of the Financial Instrument
GB00BT9QD572
c)
Nature of the transaction
Subscription for shares
For every New Ordinary Share subscribed for as part of the Fundraising, John Clarke has been issued with one warrant to subscribe for one Ordinary Share at the Issue Price.
d)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.0125 | 2,000,000 |
e)
Aggregated information: volume, Price
Aggregated Volume: 2,000,000
Aggregated Price: GBP 25,000
f)
Date of the transaction
30 March 2022
g)
Place of the transaction
Off Market
1
Details of the person discharging managerial responsibilities
a)
Name
Jonathan Hall
2
Reason for the notification
a)
Position/status
Chief Finance and Operating Officer
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Gfinity plc
b)
LEI
213800GNV14EDQNRWI17
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
Ordinary shares of 0.1 pence each
b)
Identification code of the Financial Instrument
GB00BT9QD572
c)
Nature of the transaction
Subscription for shares
For every New Ordinary Share subscribed for as part of the Fundraising, Jonathan Hall has been issued with one warrant to subscribe for one Ordinary Share at the Issue Price.
d)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.0125 | 2,000,000 |
e)
Aggregated information: volume, Price
Aggregated Volume: 2,000,000
Aggregated Price: GBP 25,000
f)
Date of the transaction
30 March 2022
g)
Place of the transaction
Off Market
1
Details of the person discharging managerial responsibilities
a)
Name
Len Rinaldi
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
Gfinity plc
b)
LEI
213800GNV14EDQNRWI17
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
Ordinary shares of 0.1 pence each
b)
Identification code of the Financial Instrument
GB00BT9QD572
c)
Nature of the transaction
Subscription for shares
For every New Ordinary Share subscribed for as part of the Fundraising, Len Rinaldi has been issued with one warrant to subscribe for one Ordinary Share at the Issue Price.
d)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.0125 | 2,000,000 |
e)
Aggregated information: volume, Price
Aggregated Volume: 2,000,000
Aggregated Price: GBP 25,000
f)
Date of the transaction
30 March 2022
g)
Place of the transaction
Off Market
1
Details of the person discharging managerial responsibilities
a)
Name
Hugo Drayton
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
Gfinity plc
b)
LEI
213800GNV14EDQNRWI17
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
Ordinary shares of 0.1 pence each
b)
Identification code of the Financial Instrument
GB00BT9QD572
c)
Nature of the transaction
Subscription for shares
For every New Ordinary Share subscribed for as part of the Fundraising, Hugo Drayton has been issued with one warrant to subscribe for one Ordinary Share at the Issue Price.
d)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 0.0125 | 1,600,000 |
e)
Aggregated information: volume, Price
Aggregated Volume: 1,600,000
Aggregated Price: GBP 20,000
f)
Date of the transaction
30 March 2022
g)
Place of the transaction
Off Market
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