28 July 2023
Quadrise plc
(the "Company" and together with its subsidiaries the "Group" or "Quadrise")
Director/PDMR Shareholding
Quadrise announces that, on 28 July 2023, Andy Morrison, Non-executive Chairman, sold 2,400,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at 1.175 pence per Ordinary Share and subsequently repurchased 2,400,000 Ordinary Shares at 1.176 pence per Ordinary Share to be held in an ISA.
Following the transactions, Mr Morrison's beneficial holding remains 3,100,000 Ordinary Shares, representing approximately 0.2 per cent of the Company's issued share capital.
The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further detail.
For further information contact:
| Quadrise Plc | | +44 (0)20 7031 7321 |
| Andy Morrison, Chairman Jason Miles, Chief Executive Officer | | |
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| Nominated Adviser | | |
| Cenkos Securities plc | | +44 (0)20 7397 8900 |
| Ben Jeynes | | |
| Katy Birkin | | |
| Joint Brokers Shore Capital Stockbrokers Limited | |
+44 (0)20 7408 4090 |
| Toby Gibbs, Rachel Goldstein (Corporate Advisory) | | |
| Fiona Conroy (Corporate Broking) | | |
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| VSA Capital Limited Andrew Raca (Corporate Finance) Andrew Monk (Corporate broking) | | +44 (0)20 3005 5000 |
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| Public & Investor Relations |
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| Vigo Consulting Patrick D'Ancona Charlie Neish | | +44 (0)20 7390 0230 |
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
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| a) | Name | Andrew Morrison
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| 2 | Reason for the notification
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| a) | Position/status | PDMR (Non-Executive Chairman)
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| b) | Initial notification /Amendment | Initial notification
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| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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| a) | Name | Quadrise PLC
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| b) | LEI | 213800HN2ETG5476U328
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| 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 1 pence each | |||
| Identification code | ISIN: GB00B11DDB67
| ||||
| b) | Nature of the transaction | Sale of Ordinary Shares
| |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | £0.01175 | 2,400,000 | | |
| | | | | | |
| d)
| Aggregated information
| | |||
| - Aggregated volume | N/A - single transaction
| ||||
| - Price | N/A - single transaction
| ||||
| e) | Date of the transaction | 28 July 2023
| |||
| f) | Place of the transaction | Outside of a trading venue
| |||
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a) | Name | Andrew Morrison
| |||
| 2 | Reason for the notification
| ||||
| a) | Position/status | PDMR (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 | Quadrise PLC
| |||
| b) | LEI | 213800HN2ETG5476U328
| |||
| 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 1 pence each | |||
| Identification code | ISIN: GB00B11DDB67
| ||||
| b) | Nature of the transaction | Purchase of Ordinary Shares
| |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | £0.0176 | 2,400,000 | | |
| | | | | | |
| d)
| Aggregated information
| | |||
| - Aggregated volume | N/A - single transaction
| ||||
| - Price | N/A - single transaction
| ||||
| e) | Date of the transaction | 28 July 2023
| |||
| f) | Place of the transaction | Outside of a trading venue
| |||
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