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MOBILE TORNADO GROUP PLC — Director's Dealing 2018
Feb 1, 2018
7793_dirs_2018-02-01_e9f504ea-7012-4975-a996-318b4e291b20.html
Director's Dealing
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RNS Number : 6892D
Mobile Tornado Group PLC
01 February 2018
01 February 2018
Mobile Tornado Group plc
("Mobile Tornado" or the "Group")
DIRECTOR / PDMR SHAREHOLDING
Mobile Tornado (AIM: MBT), the leading provider of instant communication mobile applications to the enterprise market, announces that on 31 January 2018 Peter Wilkinson, Non-Executive Director acquired 2,000,000 ordinary shares in the Group ("Ordinary Shares") at an average price of 5.0 pence per share. As a result, Mr Wilkinson's total holding is now 38,145,141 Ordinary Shares representing 12.78% of the Group's issued share capital.
Mobile Tornado also announces that today Jeremy Fenn, Executive Chairman, transferred 8,000,000 Ordinary Shares from a personal SIPP into his own name. The transaction does not affect Mr Fenn's total holding or the number of Ordinary Shares in which he is beneficially interested.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| (a) | Name | 1. Peter Wilkinson 2. Jeremy Fenn |
|
| 2. | Reason for the notification | ||
| (a) | Position/status | 1. Non-Executive Director 2. Executive Chairman |
|
| (b) | Initial notification/ Amendment | 1. Initial notification 2. Initial notification |
|
| 3. | Details of the issuer | ||
| (a) | Name | MOBILE TORNADO GROUP PLC | |
| (b) | LEI | 213800N3WLD78UBKC521 | |
| 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 | 1. Ordinary Shares of 2.0 pence each 2. Ordinary Shares of 2.0 pence each |
|
| (b) | Identification code of the Financial Instrument | ISIN: GB00B01RQV23 TIDM: MBT |
|
| (c) | Nature of the transaction | 1. Purchase of Ordinary Shares 2. Transfer of Ordinary Shares from a personal SIPP to own name |
|
| (d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 1. 5.0p 2. N/A |
1. 2,000,000 2. 8,000,000 |
||
| (e) | Aggregated information - Aggregated volume - Price |
N/A | |
| (f) | Date of the transaction | 1. 31 January 2018 2. 01 February 2018 |
|
| (g) | Place of the transaction | 1. London Stock Exchange 2. Outside a trading venue |
For further details please contact:
| Mobile Tornado Group plc | www.mobiletornado.com |
| Jeremy Fenn, Executive Chairman Avi Tooba, Chief Executive Officer |
via Walbrook PR |
| Investec Bank plc (Nominated Adviser & Broker) | +44 (0)20 7597 4000 |
| Andrew Pinder / Carlton Nelson | |
| Walbrook PR Ltd | +44 (0)20 7933 8780 |
| Paul Cornelius | or [email protected] |
| Helen Cresswell |
This information is provided by RNS
The company news service from the London Stock Exchange
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