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RNS Number : 6441T
Sumo Group PLC
21 July 2020
 

21 July 2020

 

Sumo Group plc

("Sumo Group" or the "Company")

 

Directors' Dealings

 

The Company announces that Andrea Dunstan and Michael Sherwin, Non-Executive Directors, have acquired 33,333 and 5,556 ordinary shares respectively in the placing announced by the Company on 16 July 2020.  The shares were acquired at the placing price of 180 pence per share.

 

Following these acquisitions, Andrea is interested in 53,333 Ordinary Shares representing approximately 0.033 per cent. of the Company's issued Ordinary Share capital and Michael is interested in 25,556 Ordinary Shares representing approximately 0.016 per cent. of the Company's issued Ordinary Share capital.

 

 

The information set out below is provided in accordance with the requirements of Regulation 19(3) of the EU Market Abuse Regulation No 596/2014:

 

1.

Details of PDMR / person closely associated

a)

Name

(i)           Andrea Dunstan

(ii)          Michael Sherwin

 

2.

Reason for the notification

a)

Position / status

(i)           Non-Executive Director

(ii)          Non-Executive Director

 

b)

Initial notification /amendment

Initial notification

3.

Details of the issuer

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

Ordinary Shares of 1p each

b)

Identification code of the Financial Instrument

ISIN for Sumo Group plc: GB00BD3HV384

c)

Nature of the transaction

Acquisition of Ordinary Shares in Sumo Group plc

 

d)

Price(s) and volume(s)

Price

Volume

(i)            180p

33,333

(ii)           180p

5,556

e)

Aggregated information

-     Aggregated volume

-     Price

N/A

 

 

f)

Date of the transaction

21 July 2020

g)

Place of the transaction

London Stock Exchange (XLON)

 

Enquiries:



Sumo Group plc

Via Belvedere Communications

Carl Cavers, Chief Executive Officer

Tel: +44 (0) 7715 769 078

David Wilton, Chief Financial Officer




Zeus Capital Limited (Nominated Adviser & Joint Broker)


Nick Cowles / Andrew Jones

Tel: +44 (0) 161 831 1512

Ben Robertson / John Goold

 Tel: +44 (0) 203 829 5000



Investec Corporate & Investment Banking (Joint Broker)


David Flin / Bruce Garrow

  Tel: +44 (0) 207 597 5970



Belvedere Communications Limited


Cat Valentine

Tel: +44 (0) 7715 769 078

Keeley Clarke

Tel: +44 (0) 7967 816 525

Llew Angus

Tel: +44 (0) 7407 023 147


SumoPR@belvederepr.com

 

About Sumo Group plc

 

Sumo Group's businesses provide acclaimed development and design services to the video games and entertainment industries from studios in the UK, India, and Canada.

 

Sumo Digital, as the Group's primary business, is one of the UK's largest independent developers of AAA-rated video games, having studios in Sheffield, Newcastle, Nottingham, Leamington Spa, Warrington and Pune, India. The business has acquired three studios since IPO, which operate under their own names, BAFTA award-winning The Chinese Room in Brighton, Red Kite Games in Leeds and Lab42 in Leamington Spa. Sumo Digital provides turnkey and co-development solutions to a global blue-chip client base.

 

Atomhawk is a multi-award-winning visual design company, with studios in Newcastle and in Vancouver (Canada), servicing the games, film and visual effects industries.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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