WANdisco Plc Director Shareholding (7278R)
09 Noviembre 2021 - 1:00AM
UK Regulatory
TIDMWAND
RNS Number : 7278R
WANdisco Plc
09 November 2021
9 November 2021
WANdisco plc
("WANdisco" or the "Company")
Director Shareholding
WANdisco (LSE: WAND), the LiveData company , announces that
David Richards, Chairman and CEO of the Company, entered into a
transfer and repurchase agreement with Equities First Holdings
("EFH") on 5 November 2021, a securities based capital provider of
finance for private and institutional investors (the "Agreement"),
in respect of 350,000 ordinary shares (the "Transferred Shares") of
his total shareholding of 2,157,264 ordinary shares in the Company,
as security for a loan.
Under the terms of the Agreement, Mr. Richards has transferred
the Transferred Shares to EFH for consideration to be determined by
the average of the last sale price of the ordinary shares as
reported on Bloomberg over the three trading days upon and
following receipt of the Transferred Shares by EFH.
Mr. Richards is required to redeem the Transferred Shares at
maturity when the loan is repaid at the end of the three year term.
Under the terms of the Agreement, EFH is prohibited from short
selling or voting the shares during the term of the loan.
For further information, please contact:
WANdisco plc via FTI Consulting
David Richards, Chief Executive Officer
and Chairman
Erik Miller, Chief Financial Officer
Daud Khan, VP Corporate Development
+44 (0)20 3727
FTI Consulting 1137
Matt Dixon / Chris Birt / Kwaku Aning
+44 (0)20 7710
Stifel (Nomad and Joint Broker) 7600
Fred Walsh / Richard Short
Panmure Gordon (Joint Broker) +44 (0)20 7886
Erik Anderson / Alina Vaskina 2500
About WANdisco
WANdisco is the LiveData company. WANdisco solutions enable
enterprises to create an environment where data is always
available, accurate and protected, creating a strong backbone for
their IT infrastructure and a bedrock for running consistent,
accurate machine learning applications. With zero downtime and zero
data loss, WANdisco's products keep geographically dispersed data
at any scale consistent between on-premises and cloud environments
allowing businesses to operate seamlessly in a hybrid or
multi-cloud environment. WANdisco has over a hundred customers and
significant go-to-market partnerships with Microsoft Azure, Amazon
Web Services, Google Cloud, Oracle, and others as well as OEM
relationships with IBM and Alibaba. For more information on
WANdisco, visit http://www.wandisco.com . www.wandisco.com
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END
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November 09, 2021 02:00 ET (07:00 GMT)
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