RNS Number : 5741C
Allied Minds PLC
22 January 2018
 

ALLIED MINDS PLC

PDMR DEALING NOTIFICATION

Allied Minds plc (the "Company") has issued new ordinary shares of one pence each ("Ordinary Shares") to certain persons discharging managerial responsibilities ("PDMRs") following the vesting of conditional awards in the form of restricted share units made under the Company's Long Term Incentive Plan (the "LTIP") in June 2014.

As a result, the Company received notification from the following PDMR in relation to the subscription for Ordinary Shares under the LTIP, and the subsequent sale of a portion of those Ordinary Shares solely to cover federal and state income tax liabilities arising as result of such vesting.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Omar Amirana

2

Reason for the notification

a)

Position/status

Senior Vice President

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Allied Minds plc

b)

LEI

213800YB4G7YN21NLL72

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 one pence each

 



GB00BLRLH124

b)

Nature of the transaction

Subscription for 71,669 ordinary shares of one pence each in the capital of Allied Minds plc pursuant to the vesting of conditional awards in the form of restricted share units which were granted to Omar Amirana on 25 June 2014 pursuant to the terms and conditions of the Allied Minds plc Long Term Incentive Plan adopted on 19 June 2014.

This transaction is not linked to the exercise of a share option programme.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 £0.01 per ordinary share

 71,669

 

d)

Aggregated information

-

Aggregated volume

 

-

Price

 

N/A

 

 

e)

Date of the transaction

22 January 2018

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Omar Amirana

2

Reason for the notification

a)

Position/status

Senior Vice President

b)

Initial

notification/Amendment

 

Initial notification

3

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

a)

Name

Allied Minds plc

b)

LEI

213800YB4G7YN21NLL72

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 one pence each

 



GB00BLRLH124

b)

Nature of the transaction

Sale of a portion of Ordinary Shares issued to Omar Amirana on 22 January 2018, pursuant to the vesting of conditional awards in the form of restricted share units which were granted to Omar Amirana on 25 June 2014 pursuant to the terms and conditions of the Allied Minds plc Long Term Incentive Plan adopted on 19 June 2014, solely to cover federal and state income tax liabilities arising as result of vesting of such restricted share units.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 £1.58358784 per ordinary share

 32,500

 

d)

Aggregated information

-

Aggregated volume

 

-

Price

 

N/A

 

 

e)

Date of the transaction

22 January 2018

f)

Place of the transaction

XLON, London Stock Exchange Main Market

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHPGUCPGUPRGAP