MODE GLOBAL HOLDINGS PLC — Director's Dealing 2021

Apr 9, 2021

National Storage Mechanism | Additional information

RNS Number : 0469V

Mode Global Holdings PLC

09 April 2021

Mode Global Holdings PLC

9 April 2021

Mode Global Holdings PLC 

Director's share disposal

Mode Global Holdings Plc (LSE:MODE) announces that it has received notification that Jonathan Rowland, Executive Chairman, has transferred 18,973,559 ordinary shares of £0.01p each ("Ordinary Shares") ("Shareholding") for nil Consideration to JR Spac 1 Limited, a company wholly owned by Mr Rowland. 

Following the transfer, Mr Rowland will continue to be beneficially interested in 18,973,559 Ordinary Shares, representing 20.75% of the issued share capital of the Company. The notification below provides further detail.

JR Spac 1 Limited and Mr Rowland have entered into a revised lock-in arrangement with the Company in respect of the Shareholding pursuant to which, subject to market standard exceptions, no disposal of the Shareholding can take place prior to 5 March 2023, an extension of 6 months to Mr Rowland's original lock in entered into at the time of the Company's IPO.

Enquiries For further information please visit www.modeapp.com or contact:
(IR/PR Contact) Maitland/AMO Neil Bennett/James Isola Mode@maitland.co.uk	Tel: 020 7379 5151
Alfred Henry Corporate Finance Limited (Financial Adviser) Nick Michaels/Jon Isaacs	Tel: 020 3772 0021
Peterhouse Capital Limited Lucy Williams/Charles Goodfellow/Duncan Vasey	Tel: 020 7469 0930

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

Jonathan Rowland

2

Reason for the notification

a)

Position/status

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

Mode Global Holdings Plc

b)

LEI

2138001BLO7EORII7E91

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 £0.01 par each

GB00BKX8NT01 

b)

Nature of the transaction

Disposal of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	18,973,559

d)

Aggregated information

- Aggregated volume

- Price

18,973,559

Nil

e)

Date of the transaction

02/04/2021

f)

Place of the transaction

London Stock Exchange

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