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RNS Number : 1416A
Sumo Group PLC
21 December 2017
 

21 December 2017

 

Sumo Group plc

("Sumo Group" or the "Company")

 

Director's Dealings

 

Sumo Group, announces that, Michael Sherwin, Non-executive Director, has sold and acquired 17,241 ordinary shares of 1 pence each ("Ordinary Shares"). Both transactions took place on 21 December 2017, at a price of 116p per Ordinary Share, as Michael transferred the shares for which he subscribed in the Placing, as set out in the Company's AIM Admission document, into his SIPP.

 

Following these transactions, Michael's interest in Ordinary Shares is unchanged at 20,000, representing approximately 0.01 per cent. of the Company's issued Ordinary Share capital.

 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

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

Michael Sherwin

2

Reason for the notification

a)

Position/status

Non-executive Director

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Sumo Group plc

b)

LEI

 213800LTZXJCG5QKIM14

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 £0.01

 

SUMO

b)

Nature of the transaction

Purchase and Sale

c)

Price(s) and volume(s)

 Price(s)

Purchase - 116p

Volume(s)

17,241

Sale - 116p

17,241

d)

Aggregated information

- Aggregated volume

- Price


N/A

e)

Date of the transaction

21 December 2017

f)

Place of the transaction

London Stock Exchange, AIM

 

Enquiries:

 

Sumo Group plc

                                       Tel: +44 (0) 114 242 6766

Carl Cavers, Chief Executive Officer

David Wilton, Chief Financial Officer


Zeus Capital Limited (Nominated Adviser & Broker)

Nick Cowles / Richard Darlington

                                       Tel: +44 (0) 161 831 1512

Ben Robertson / John Goold

 

                                       Tel: +44 (0) 203 829 5000

Belvedere Communications Limited

                                       Tel: +44 (0) 203 567 0510

Cat Valentine (cvalentine@belvederepr.com)


Kim van Beeck (kvbeeck@belvederepr.com)

 

 

 

About Sumo Group - www.sumogroupplc.com

 

Sumo Group's award-winning businesses provide creative and development services to the video games and entertainment industries, from studios in Sheffield, Newcastle, Nottingham, Pune (India) and Vancouver (Canada).

 

Our operating businesses include Sumo Digital and Atomhawk.  Sumo Digital, our primary business, is one of the UK's largest independent developers of AAA-rated video games, providing both turnkey and co-development solutions to an international blue-chip client base. Atomhawk, a complementary business acquired in June 2017, is a multi-award winning visual design company, servicing the games, film and visual effects industries. Together we deliver full-service visual and development solutions, which include initial concepts and pre-production, production and development, and post-release support.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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