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MS INTERNATIONAL PLC Director's Dealing 2020

Sep 29, 2020

7799_dirs_2020-09-29_664ad8ae-5a9f-4ed0-9724-1f6ff8427e89.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 4599A

Micro Focus International plc

29 September 2020

29 September 2020

Micro Focus International plc

(the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations

The Company announces that it has been notified by Greg Lock, non-executive Chairman of the Company, that on 28 September 2020 he and his wife, Rosemary Lock, increased their combined shareholding in the Company by 96,500 ordinary shares of 10 pence each in the Company ("Ordinary Shares") to 535,000 Ordinary Shares.

In aggregate, Mr Lock and his wife sold 126,500 Ordinary Shares and purchased 223,000 Ordinary Shares. Following the transactions, Mr Lock owns 241,000 Ordinary Shares and Mr Lock's wife owns 294,000 Ordinary Shares.

The notification below, made in accordance with the requirements of Article 19 of the EU Market Abuse Regulations, gives further details.

1

Details of the person discharging managerial responsibilities

a)

Name

Greg Lock and Rosemary Lock

2

Reason for the notification

a)

Position/status

Greg Lock, Chairman (PDMR) and PCA to PDMR

b)

Initial notification

/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Micro Focus International plc

b)

LEI

213800F8E4X648142844

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 10 pence each

GB00BJ1F4N75

b)

Nature of the transaction

1)    Sale of Shares by Rosemary Lock

2)    Sale of Shares by Rosemary Lock

3)    Purchase of Shares by Greg Lock

4)    Purchase of Shares by Greg Lock

5)    Sale of Shares by Greg Lock

6)    Sale of Shares by Greg Lock

7)    Purchase of Shares by Rosemary Lock

8)    Purchase of Shares by Rosemary Lock

9)    Purchase of Shares by Greg Lock

10)  Purchase of Shares by Rosemary Lock

11)  Purchase of Shares by Greg Lock

c)

Price(s) and volume(s)

Price(s) Volume(s)
1)    Nil (gift to Greg Lock) 83,500
2)    Nil (gift to Greg Lock) 43,000
3)    Nil (gift from Rosemary Lock) 83,500
4)    Nil (gift from Rosemary Lock) 43,000
5)    246.80p 83,500
6)    253.15p 43,000
7)    253.15p 43,000
8)    246.80p 77,458
9)    253.50p 75,000
10)  253.50p 25,000
11)  257.40p 2,542

d)

Aggregated information

- Aggregated volume

- Price

Aggregated Volume Aggregated Prices
1)    83,500 Nil (gift to Greg Lock)
2)    43,500 Nil (gift to Greg Lock)
3)    83,500 Nil (gift from Rosemary Lock)
4)    43,500 Nil (gift from Rosemary Lock)
5)    83,500 £206,078.00
6)    43,000 £108,854.50
7)    43,000 £108,854.50
8)    77,458 £191,166.34
9)    75,000 £190,125.00
10)  25,000 £  63,375.00
11)     2,542 £    6,543.11

e)

Date of the transaction

25 September 2020: Transactions detailed in section 4.b:  1 and 3

28 September 2020: Transactions detailed in section 4.b: 2, 4-11

f)

Place of the transaction

XLON

Enquiries:

Micro Focus

Tel: +44 (0)1635 32646 

[email protected] 

Stephen Murdoch, CEO

Brian McArthur-Muscroft, CFO 

Ben Donnelly, Head of Investor Relations  

Brunswick

Tel: +44 (0) 20 7404 5959 

[email protected] 

Sarah West

Jonathan Glass 

Notes to Editors: 

About Micro Focus 

Micro Focus (LSE: MCRO.L, NYSE: MFGP) is a global enterprise software company supporting the technology needs and challenges of the Global 2000.  Our solutions help organizations leverage existing IT investments, enterprise applications and emerging technologies to address complex, rapidly evolving business requirements while protecting corporate information at all times. Our product portfolios are Security, IT Operations Management, Application Delivery Management, Information Management & Governance and Application Modernization & Connectivity. For more information, visit: www.microfocus.com

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