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MODE GLOBAL HOLDINGS PLC Director's Dealing 2022

Jul 15, 2022

5044_dirs_2022-07-15_3fddb61d-7045-46d9-878a-78bae7fd9c32.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 5721S

Mode Global Holdings PLC

15 July 2022

Mode Global Holdings PLC

(the "Company")

DIRECTORS' SUBSCRIPTION TO LOAN NOTES

Mode Global Holdings PLC (LSE: MODE), the LSE-listed Fintech Group, announces that further to and with reference to the Company's announcement dated 13 July 2022 titled "Completion of Fundraising" ("Announcement"), the Loan Notes subscribed for by certain directors are as set out below:

Director Subscription
Rita Liu, Chief Executive Officer £20,000
David Shrier, Non-Executive Director £25,000
Michael Robertson, Non-Executive Director £20,000
TOTAL £65,000

The Loan Notes subscribed for by David Shrier are held by Visionary Future LLC, an entity in which Mr. Shrier is an interest holder.

As stated in the Announcement, investors in the Loan Notes will also be issued with Warrants.

Press contacts:

Fiona McAra, MRM

+44 (0)7471 350286

[email protected] 

Julie Sand, Mode Global Holdings PLC

+44 (0)203 773 0588

[email protected]

Notes to Editors

About Mode:

Mode is an LSE-listed fintech company on a mission to build the world's most disruptive ecosystem where exchanging value and growing wealth is seamless for all. Mode is leveraging the power of Bitcoin and Open Banking to deliver on this mission and offer customers in the UK a one-stop app to shop, earn and grow their Bitcoin, all in one place. For businesses, Mode provides a cheaper, safer and smarter alternative to card payments that rewards shoppers with Bitcoin Cashback.

To learn more, visit our customer/business site at www.modeapp.com or our investor site at www.modeplc.com.

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 Rita Liu
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, UK 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 in the capital of the Company

GB00BKX8NT01
b) Nature of the transaction Subscription of £20,000 of loan notes convertible into ordinary shares of £0.01 par each in the capital of the Company
c) Price(s) and volume(s) N/A
d) Aggregated information

- Aggregated volume

- Price
N/A
e) Date of the transaction 13 July 2022
f) Place of the transaction Outside a trading venue
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 in the capital of the Company

GB00BKX8NT01
b) Nature of the transaction Grant of warrants with rights to subscribe for ordinary shares of £0.01 par each in the capital of the Company
c) Price(s) and volume(s) Price: 20p exercise price

Volume: 20,000 warrant shares
d) Aggregated information

- Aggregated volume

- Price
Volume: 20,000 warrant shares

Price: 20p exercise price
e) Date of the transaction 13 July 2022
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name David Shrier
2 Reason for the notification
a) Position/status Non-Executive Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, UK 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 in the capital of the Company

GB00BKX8NT01
b) Nature of the transaction Subscription of £25,000 of loan notes convertible into ordinary shares of £0.01 par each in the capital of the Company
c) Price(s) and volume(s) N/A
d) Aggregated information

- Aggregated volume

- Price
N/A
e) Date of the transaction 13 July 2022
f) Place of the transaction Outside a trading venue
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 in the capital of the Company

GB00BKX8NT01
b) Nature of the transaction Grant of warrants with rights to subscribe for ordinary shares of £0.01 par each in the capital of the Company
c) Price(s) and volume(s) Price: 20p exercise price

Volume: 25,000 warrant shares
d) Aggregated information

- Aggregated volume

- Price
Volume: 25,000 warrant shares

Price: 20p exercise price
e) Date of the transaction 13 July 2022
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Michael Robertson
2 Reason for the notification
a) Position/status Non-Executive Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, UK 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 in the capital of the Company

GB00BKX8NT01
b) Nature of the transaction Subscription of £20,000 of loan notes convertible into ordinary shares of £0.01 par each in the capital of the Company
c) Price(s) and volume(s) N/A
d) Aggregated information

- Aggregated volume

- Price
N/A
e) Date of the transaction 13 July 2022
f) Place of the transaction Outside a trading venue
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 in the capital of the Company

GB00BKX8NT01
b) Nature of the transaction Grant of warrants with rights to subscribe for ordinary shares of £0.01 par each in the capital of the Company
c) Price(s) and volume(s) Price: 20p exercise price.

Volume: 20,000 warrant shares
d) Aggregated information

- Aggregated volume

- Price
Volume: 20,000 warrant shares

Price: 20p exercise price
e) Date of the transaction 13 July 2022
f) Place of the transaction Outside a trading venue

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