AIM share code: DVRG
16 November 2022
DeepVerge PLC
("DeepVerge" or "Company")
PDMR Shareholding
DeepVerge, the environmental and life science group of companies that develops and applies AI and IoT technology to analytical instruments for the analysis and identification of bacteria, virus and toxins, announces that further to the announcements of 27 October 2022 and 1 November 2022 the Third Tranche Placing Shares, the Subscription Shares and Broker Option Shares were admitted to trading on AIM today. The following directors and PDMR's participated in the Subscription, and their resultant holdings are as set out below.
| Director/PDMR | Number of Subscription Shares issued | Number of Placing Warrants received | Resultant Shareholding (Ordinary Shares) | % of Enlarged Share Capital
|
| Ross Andrews | 2,250,000 | 562,500 | 2,723,846 | 0.36 |
| Nigel Burton | 5,000,000 | 1,250,000 | 6,883,167 | 0.91 |
| Camillus Glover (PDMR) | 2,000,000 | 500,000 | 6,250,670 | 0.82 |
| Fiona Joyce (PDMR) | 7,875,000 | 1,968,750 | 7,875,000 | 1.04 |
| Paul Ryan (PDMR) | 650,000 | 162,500 | 650,000 | 0.09 |
Terms and definitions in this notification are as defined in the notification of 27 October 2022.
For further information, please contact:
| DeepVerge plc | Nigel Burton, Interim Chief Executive | +44 (0) 7785 234447 |
| | | |
| SPARK Advisory Partners Limited (Nominated Adviser) | Neil Baldwin | +44 (0) 113 370 8974 |
| | | |
| Turner Pope Investments (TPI) Limited (Broker) | Andy Thacker/James Pope | +44 (0) 20 3657 0050 |
| | | |
About DeepVerge plc:
DeepVerge is a scientific research and AI-as-a-Service company focused on production and analysis of bacteria, virus and toxins utilising artificial intelligent data analytics in regulatory technology, from scientifically proving the impact of skincare product claims on skin microbiome for top 10 global cosmetic company clients to remotely detecting water contamination in real-time.
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
| Ross Andrews | |||
| 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
| DeepVerge plc | |||
| b)
| LEI
| 213800M477RQVVHVUD72 | |||
| 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 | Ordinary shares of 0.1 pence each | |||
| | | ||||
| Identification code | GB00BMGWZY29 | ||||
| | | ||||
| b)
| Nature of the transaction
| Subscription for ordinary shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price | Shares | | |
| |
| 2 pence | 2,250,000 | | |
| | | | | | |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 16 November 2022 | |||
| f)
| Place of the transaction
| Outside a trading venue | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Ross Andrews | |||
| 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
| DeepVerge plc | |||
| b)
| LEI
| 213800M477RQVVHVUD72 | |||
| 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 | Ordinary shares of 0.1 pence each | |||
| | | ||||
| Identification code | GB00BMGWZY29 | ||||
| | | ||||
| b)
| Nature of the transaction
| Subscription for Warrants over Ordinary Shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Exercise Price | Warrants | | |
| |
| 3 pence | 562,500 | | |
| | | | | | |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 16 November 2022 | |||
| f)
| Place of the transaction
| Outside a trading venue | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Camillus Glover | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Financial Officer (PDMR) | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| DeepVerge plc | |||
| b)
| LEI
| 213800M477RQVVHVUD72 | |||
| 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 | Ordinary shares of 0.1 pence each | |||
| | | ||||
| Identification code | GB00BMGWZY29 | ||||
| | | ||||
| b)
| Nature of the transaction
| Subscription for ordinary shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price | Shares | | |
| |
| 2 pence | 2,000,000 | | |
| | | | | | |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 16 November 2022 | |||
| f)
| Place of the transaction
| Outside a trading venue | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Camillus Glover | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Financial Officer (PDMR) | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| DeepVerge plc | |||
| b)
| LEI
| 213800M477RQVVHVUD72 | |||
| 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 | Ordinary shares of 0.1 pence each | |||
| | | ||||
| Identification code | GB00BMGWZY29 | ||||
| | | ||||
| b)
| Nature of the transaction
| Subscription for Warrants over Ordinary Shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Exercise Price | Warrants | | |
| |
| 3 pence | 500,000 | | |
| | | | | | |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 16 November 2022 | |||
| f)
| Place of the transaction
| Outside a trading venue | |||
| 4
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Nigel Burton | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Interim Chief Executive Officer | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| DeepVerge plc | |||
| b)
| LEI
| 213800M477RQVVHVUD72 | |||
| 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 | Ordinary shares of 0.1 pence each | |||
| | | ||||
| Identification code | GB00BMGWZY29 | ||||
| | | ||||
| b)
| Nature of the transaction
| Subscription for ordinary shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price | Shares | | |
| |
| 2 pence | 5,000,000 | | |
| | | | | | |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 16 November 2022 | |||
| f)
| Place of the transaction
| Outside a trading venue | |||
| 4
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Nigel Burton | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Interim Chief Executive Officer | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| DeepVerge plc | |||
| b)
| LEI
| 213800M477RQVVHVUD72 | |||
| 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 | Ordinary shares of 0.1 pence each | |||
| | | ||||
| Identification code | GB00BMGWZY29 | ||||
| | | ||||
| b)
| Nature of the transaction
| Subscription for warrants s over Ordinary Shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Exercise Price | Warrants | | |
| |
| 3 pence | 1,250,000 | | |
| | | | | | |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 16 November 2022 | |||
| f)
| Place of the transaction
| Outside a trading venue | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Fiona Joyce | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| General Counsel (PDMR) | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| DeepVerge plc | |||
| b)
| LEI
| 213800M477RQVVHVUD72 | |||
| 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 | Ordinary shares of 0.1 pence each | |||
| | | ||||
| Identification code | GB00BMGWZY29 | ||||
| | | ||||
| b)
| Nature of the transaction
| Subscription for ordinary shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price | Shares | | |
| |
| 2 pence | 7,875,000 | | |
| | | | | | |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 16 November 2022 | |||
| f)
| Place of the transaction
| Outside a trading venue | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Fiona Joyce | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| General Counsel (PDMR) | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| DeepVerge plc | |||
| b)
| LEI
| 213800M477RQVVHVUD72 | |||
| 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 | Ordinary shares of 0.1 pence each | |||
| | | ||||
| Identification code | GB00BMGWZY29 | ||||
| | | ||||
| b)
| Nature of the transaction
| Subscription for Warrants over Ordinary Shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Exercise Price | Warrants | | |
| |
| 3 pence | 1,968,750 | | |
| | | | | | |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 16 November 2022 | |||
| f)
| Place of the transaction
| Outside a trading venue | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Paul Ryan | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| General Manager - Modern Water division (PDMR) | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| DeepVerge plc | |||
| b)
| LEI
| 213800M477RQVVHVUD72 | |||
| 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 | Ordinary shares of 0.1 pence each | |||
| | | ||||
| Identification code | GB00BMGWZY29 | ||||
| | | ||||
| b)
| Nature of the transaction
| Subscription for ordinary shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price | Shares | | |
| |
| 2 pence | 650,000
|
| |
| | | | | | |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 16 November 2022 | |||
| f)
| Place of the transaction
| Outside a trading venue | |||
| | | | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Paul Ryan | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| General Manager - Modern Water division (PDMR) | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| DeepVerge plc | |||
| b)
| LEI
| 213800M477RQVVHVUD72 | |||
| 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 | Ordinary shares of 0.1 pence each | |||
| | | ||||
| Identification code | GB00BMGWZY29 | ||||
| | | ||||
| b)
| Nature of the transaction
| Subscription for Warrants over Ordinary Shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Exercise Price | Warrants | | |
| |
| 3 pence | 162,500 | | |
| | | | | | |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 16 November 2022 | |||
| f)
| Place of the transaction
| Outside a trading venue | |||
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