TIDMIQG

RNS Number : 6175V

IQGeo Group PLC

04 December 2023

4 December 2023

IQGEO Group plc

Directors' Dealings

IQGEO Group plc (LSE:IQG, "Company" or "IQGEO") received notification on 4 December 2023 from Kestrel Partners LLP ("Kestrel") that on the 30 November 2023 and the 1(st) December 2023 it purchased for, on behalf of its discretionary clients, an aggregate of 17,197 ordinary shares of 2p each ("Shares") in the Company at an average price of GBP2.7461 per share.

Mr Royde is a partner of, and holds a beneficial interest in, Kestrel. Mr Royde is also a shareholder in Kestrel Opportunities and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in IQGEO.

Following this transaction, Kestrel Opportunities holds (and consequently Mr Royde is deemed to have a beneficial interest in) 11,726,984 Shares in the Company, and other clients of Kestrel, in which Mr Royde has no beneficial interest hold 4,846,539 Shares in the Company.

On a combined basis, Kestrel indirectly holds voting rights over 16,573,523 Shares in the Company, which represents 26.91 per cent of the Company's issued share capital.

Kestrel's interest in the Shares in the Company is held through the following nominees:

 
 Holding      Nominee                      No. of shares   % of issued share 
  type                                                               capital 
              Bank of New York Nominees 
 Indirect      Ltd                            11,726,984              19.04% 
 Indirect     JIM Nominees Limited               355,203               0.58% 
 Indirect     Bank of New York Nominees        4,069,727               6.61% 
               Ltd 
  Indirect     Northern Trust Company            421,609               0.68% 
                AVFC 
 

For further information contact:

 
 IQGEO Group plc                             +44 1223 606655 
 Richard Petti 
 Haywood Chapman 
 
 Cavendish Securities plc                    +44 207 220 0500 
 Henrik Persson, Seamus Fricker (Corporate Finance) 
 Tim Redfern, Charlotte Sutcliffe (ECM) 
 
 
 
 
 

ANNEX

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                     Kestrel Partners LLP 
     -----------------------  ---------------------------------------------- 
      Reason for the notification 
  2 
     ----------------------------------------------------------------------- 
 a)   Position/status          PCA - Max Royde (non-executive director IQGeo 
                                Group plc) 
     -----------------------  ---------------------------------------------- 
 b)   Initial notification     Initial 
       /Amendment 
     -----------------------  ---------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                     IQGEO Group plc 
     -----------------------  ---------------------------------------------- 
 b)   LEI                      213800P2PCLCEFANB194 
     -----------------------  ---------------------------------------------- 
      Details of the transaction(s): section to be repeated for 
  4    (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions have 
       been conducted 
     ----------------------------------------------------------------------- 
 a)   Description              2p Ordinary Shares 
       of the financial 
       instrument, 
       type of instrument       ISIN: GB00B3NCXX73 
 
       Identification 
       code 
     -----------------------  ---------------------------------------------- 
 b)   Nature of the            Purchase 
       transaction 
     -----------------------  ---------------------------------------------- 
 c)   Price(s) and              30 November 2023 
       volume(s)                 Price(s)      Volume(s) 
                                              ------------- 
                                 GBP2.573344   8,102 shares 
                                              ------------- 
                                  1 December 2023 
                                   Price(s)   Volume(s) 
                                             ------------- 
                                   GBP2.90    9,095 shares 
                                             ------------- 
     -----------------------  ---------------------------------------------- 
 d)   Aggregated information   Total 17,197 shares @ GBP GBP2.7461 
       - Aggregated 
       volume 
       - Price 
     -----------------------  ---------------------------------------------- 
 e)   Date of the              30 November 2023 and 1 December 2023 
       transaction 
     -----------------------  ---------------------------------------------- 
 f)   Place of the             London Stock Exchange (XLON) 
       transaction 
     -----------------------  ---------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHUSONROWUURAA

(END) Dow Jones Newswires

December 04, 2023 12:00 ET (17:00 GMT)

Iqgeo (LSE:IQG)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Iqgeo.
Iqgeo (LSE:IQG)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Iqgeo.