CloudCoCo Group plc
("CloudCoCo" or the "Company")
Director/PDMR Shareholding
CloudCoCo (AIM: CLCO) a UK provider of IT and communications solutions to businesses and public sector organisations, announces that it received notification yesterday that Non-Executive Chairman, Simon Duckworth has purchased 500,000 Ordinary Shares of 1 pence in the Company ("Ordinary Shares") at 1.025 pence per share.
Following this trade, Simon Duckworth's beneficial holding is 9,500,000 Ordinary Shares, representing 1.92 per cent. of the current total voting rights of the Company.
Further details are contained within the notification below, made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Simon Duckworth | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Non-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 | CloudCoCo Group plc | ||||
| b) | LEI | 213800D4GJKAFHT5TB32 | ||||
| 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 1 pence each GB00B8GRBX01 | ||||
| b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
| c) | Price(s) and volume(s)
|
Purchase
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| d) | Aggregated information
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| e) | Date of the transaction | 06 November 2020 | ||||||||
| f) | Place of the transaction | London Stock Exchange (XLON) |
Name of authorised official of issuer responsible for making notification:
Darron Giddens
Company Secretary to CloudCoCo Group plc
Contacts:
| CloudCoCo Group plc Darron Giddens (Company Secretary) | 01925 398 255 |
|
N+1 Singer (Nominated Adviser and Broker) Peter Steel / Ben Farrow |
020 7496 3000 |
| Alma PR (financial PR adviser) David Ison Josh Royston Kieran Breheny | 020 3405 0205 |
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