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WISE PLC
Director's Dealing • Oct 26, 2021
5351_dirs_2021-10-26_f47ef2ef-7370-450c-8bdd-77daceda59be.html
Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 2812Q
Wise PLC
26 October 2021
PDMR Dealing
Wise plc (the "Company") announces that the following transaction in the Company's class A ordinary shares of £0.01 each ("Shares") has been undertaken by a person closely associated with Taavet Hinrikus, Executive Chairman and person discharging managerial responsibility ("PDMR").
OÜ Notorious
(disposal of shares)
The notification set out below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | OÜ Notorious |
| 2. | Reason for the notification | |
| a) | Position/status | person closely associated with Taavet Hinrikus (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 | Wise plc |
| b) | LEI | 213800LD9XCHIC1C4V71 |
| 4 | Details of the transaction(s): | |
| a) | Description of the financial instrument, type of instrument Identification code |
Class A ordinary shares of £0.01 each ISIN: GB00BL9YR756 |
| b) | Nature of the transaction | Disposal of Shares |
| c) | Price(s) and volume(s) | Price(s) Volume(s) £8.15 10,000,000 |
| d) | Aggregated information Aggregated volume Price |
10,000,000 £81,500,000 |
| e) | Date of the transaction | 22 October 2021 |
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
Wise plc (the "Company") announces that the following transaction in the Company's class A ordinary shares of £0.01 each ("Shares") has been undertaken by a person closely associated with Taavet Hinrikus, Executive Chairman and person discharging managerial responsibility ("PDMR").
OÜ Notorious
(disposal of shares)
There is no change in Mr Hinrikus's beneficial shareholding in the Company as a result of the transaction below and he continues to have, through OÜ Notorious, an interest and voting rights in 93,616,498 class A ordinary shares and 53,966,926 class B ordinary shares, representing in aggregate approximately 12.64% of the voting rights in the Company.
The notification below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | OÜ Notorious |
| 2 | Reason for the notification | |
| a) | Position/status | person closely associated with Taavet Hinrikus (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 | Wise plc |
| b) | LEI | 213800LD9XCHIC1C4V71 |
| 4 | Details of the transaction(s) | |
| a) | Description of the financial instrument, type of instrument Identification code |
Class A Ordinary Shares of GBP0.01 each ISIN: GB00BL9YR756 |
| c) | Nature of the transaction | OÜ Notorious entered into a loan agreement with Goldman Sachs International Bank whereby OÜ Notorious granted security over 39,649,572 class A ordinary shares in the Company. Taavet Hinrikus remains, through OÜ Notorious, the beneficial owner of the shares subject to the security and retains full voting rights. |
| (e) | Price(s) and volume(s) | Price(s) Volume(s) n/a 39,649,572 |
| (f) | Aggregated information Aggregated volume Price |
N/A |
| (g) | Date of the transaction | 21 October 2021 |
| (h) | Place of the transaction | Outside of a trading venue |
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