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RNS Number : 8135C
Sumo Group PLC
21 October 2020
 

21 October 2020

 

Sumo Group plc

("Sumo Group" or the "Company")

 

Director's Dealings

 

Sumo Group (AIM: SUMO), the award-winning provider of creative and development services to the video games and entertainment industries, announces that David Wilton, Chief Financial Officer, has sold and acquired 14,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares").

 

The transactions took place on 21 October 2020, as David sold 14,000 Ordinary Shares, at a price of 255.5 pence per share, previously held in his dealing account and acquired 7,000 Ordinary Shares in an ISA under his name and 7,000 Ordinary Shares in an ISA under the name of his wife, Helen Wilton, each at a price of 255.5 pence per share.

 

Following these transactions, David's interest in Ordinary Shares remains unchanged at 336,933, representing approximately 0.2 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

David Wilton

 

2.

Reason for the notification

a)

Position / status

Chief Financial Officer

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

Sale and purchase

 

d)

Price(s) and volume(s)

Price

Volume

Sale - 255.5 p

14,000

Purchase - 255.5 p

7,000
 

 

e)

Aggregated information

-  Aggregated volume

-  Price

N/A

 

 

f)

Date of the transaction

21 October 2020

g)

Place of the transaction

London Stock Exchange (XLON)

 

1.

Details of PDMR / person closely associated

a)

Name

Helen Wilton

 

2.

Reason for the notification

a)

Position / status

Spouse of Chief Financial Officer

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

Purchase

 

d)

Price(s) and volume(s)

Price

Volume

Purchase - 255.5 p

7,000
 

 

e)

Aggregated information

-  Aggregated volume

-  Price

N/A

 

 

f)

Date of the transaction

21 October 2020

g)

Place of the transaction

London Stock Exchange (XLON)

 

 

Enquiries:

 

Sumo Group plc

Carl Cavers, Chief Executive Officer

David Wilton, Chief Financial Officer 

 

Via Belvedere Communications 

Tel: +44 (0)7715 769 078 

 

Zeus Capital (Nominated adviser & Joint Broker)

Nick Cowles / Andrew Jones (Corporate Finance)

Benjamin Robertson / John Goold (Corporate Broking)

 

Tel: +44 (0)161 831 1512

Tel: +44 (0)20 3829 5000

 Investec Corporate & Investment Banking (Joint Broker)

David Flin / Bruce Garrow

 

 Tel: +44 (0)20 7597 5970

Belvedere Communications Limited

Cat Valentine

Keeley Clarke

Llew Angus

 

Sumopr@belvederepr.com

Tel: +44 (0)7715 769 078

Tel: +44 (0)7969 816 525

Tel: +44 (0)7407 023 147

 

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, Canada and the US.

 

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.

 

Pipeworks is an innovative, well-established, and respected US video games developer based in Eugene, Oregon. It provides full development, co-development, and live operations to premier video game publishers and other partners.

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