TIALIS ESSENTIAL IT PLC — Director's Dealing 2019

Oct 18, 2019

National Storage Mechanism | Additional information

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RNS Number : 3607Q

IDE Group Holdings PLC

18 October 2019

IDE Group Holdings plc

("IDE" or the "Company")

Director's Holding

IDE Group Holdings plc (AIM: IDE), the mid-market network, cloud and IT Managed Services provider, announces that Kestrel Partners LLP ("Kestrel"), a fund management company, has transferred 326,665 Ordinary Shares in IDE to an another account not controlled by Kestrel at the request of an underlying client. Max Royde, Non-Executive Director of the Company is also a co-founder of Kestrel and, for this reason, the transfer requires notification as a director's dealing.

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

Max Royde

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

IDE Group Holdings plc

b)

LEI

213800HA4PK7BHINK929

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 2.5p each

GB00B4NJ4984

b)

Nature of the transaction

Transfer of Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	326,665

d)

Aggregated information

-     Aggregated volume

-     Price

326,665 ordinary shares

£N/A

e)

Date of the transaction

16 October 2019

f)

Place of the transaction

London Stock Exchange

For more information, contact:

IDE Group Holdings Plc Andy Parker, Executive Chairman	Tel: +44 (0)344 874 1000
finnCap Limited Nominated Adviser and Broker Corporate finance: Jonny Franklin-Adams/ Hannah Boros ECM: Tim Redfern/ Richard Chambers	Tel: +44 (0)20 7220 0500

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END

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