RDT.L

Rosslyn Data Technologies Plc
Rosslyn Data Tech. - Director Dealings
30th October 2024, 07:00
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RNS Number : 1282K
Rosslyn Data Technologies PLC
30 October 2024
 

30 October 2024

 

Rosslyn Data Technologies plc

("Rosslyn", the "Group" or the "Company")

 

Director Dealings

 

Further to the announcements made on 8 October 2024, 9 October 2024 and 25 October 2024 pursuant to the recent Fundraising and following the release of the Company's FY 2024 results on 29 October 2024, the Company confirms that James Appleby, Non-Executive Chairman, has subscribed for 5,280,000 new Ordinary Shares (the "Subscription Shares") at the Issue Price of 5 pence per Ordinary Share.

 

The dealings and resultant shareholding of James Appleby is shown below:

 

Director Name

No. of Subscription Shares acquired in Fundraising

Resultant shareholding post transaction

% of voting rights post transaction

James Appleby

5,280,000

5,830,909

7.88%

 

Related Party Transaction

 

The subscription by James Appleby constitutes a related party transaction under rule 13 of the AIM Rules.

 

Accordingly, Cavendish, acting in its capacity as the Company's nominated adviser, confirms that it considers the terms of the participation by James Appleby in the Subscription to be fair and reasonable in so far as the Shareholders are concerned.

 

Admission, settlement and dealings

 

Application has been made for admission of the Subscription Shares to trading on AIM, being the market of that name operated by the London Stock Exchange ("Admission").

 

It is expected that Admission will take place on or around 8.00 a.m. on 4 November 2024 and that dealings in the Subscription Shares on AIM will commence at the same time.

 

Following Admission, the Company will have 73,987,425 Ordinary Shares in issue. The Subscription Shares to be issued will, when issued, be fully paid and will rank pari passu in all respects with the existing Ordinary Shares, including the right to receive all dividends and other distributions declared, made or paid after the date of issue.

 

Capitalised terms in this announcement shall have the same meaning as in the Circular posted to Shareholders on 9 October 2024.

 

For further information please contact:

 

Rosslyn


Paul Watts, Chief Executive Officer

James Appleby, Chairman

+44 (0)20 3285 8008

 

                                           


Cavendish Securities (Nominated adviser and Broker)


Stephen Keys/Camilla Hume/George Lawson

 

+44 (0)20 7220 0500

                                           


Gracechurch Group (Financial PR)


Claire Norbury/Anysia Virdi

+44 (0)20 4582 3500

 

About Rosslyn

 

Rosslyn (AIM: RDT) provides an award-winning spend intelligence and predictive analytics platform. The Rosslyn Platform helps organizations with diverse supply chains mitigate risk and make informed strategic decisions. It leverages automated workflows, artificial intelligence and machine learning to extract and consolidate procurement data providing visibility of complex supplier data, enabling supplier spend savings and delivering rapid ROI. For more information visit www.rosslyn.ai. Investors wishing to contact the Company should email investors@rosslyn.ai.

 

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

James Appleby

2.

Reason for the notification

a)

Position/status

Chairman

b)

Initial notification/Amendment

Initial notification

3.

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

a)

Name

Rosslyn Data Technologies plc

b)

LEI

213800UJ7YTBGGXGJN09

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 0.1 pence each

 

GB00BMV2DB09

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

 

Average price for the period

Volume

5.0 pence

5,280,000

d)

Aggregated information

Not applicable - single transaction

e)

Date of the transaction

29 October 2024

f)

Place of the transaction

London Stock Exchange, AIM

 

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