The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
20 May 2019
MINOAN GROUP PLC
("the Company", Minoan)
Significant and Directors' Shareholdings
Following the issue of Shares and Warrants, as announced on 10 May 2019, Minoan Group Plc has been notified of the following Significant Shareholdings in, and the percentages of, the total of 404,917,083 Ordinary Shares of 1p each now in issue:
Mrs L A Adams - 23,047,169 shares, 5.69%
P D Raby - 33,663,965 shares, 8.31%
N Day - 49,199,466 shares, 12.15%
The Company has also been notified that the shareholding of Mr M & Mrs L Dvorkin is now below 3% of the current issued share capital.
As announced on 24 April 2019, the following shares have been issued to Minoan's directors at 3 pence per share:
B D Bartman 6,333,333 shares, which increases his shareholding to 7,344,167 shares
G D Cook 5,000,000 shares, which increases his shareholding to 8,311,123 shares.
For further information visit www.minoangroup.com or contact:
| Minoan Group Plc | |
| Christopher Egleton | |
| Bill Cole | |
| | |
| WH Ireland Limited | 020 7220 1666 |
| Adrian Hadden/Lydia Zychowska | |
| | |
| Cornhill Capital Limited | 020 7710 9610 |
| Daniel Gee | |
| |
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| Sapience Communications Limited | 020 3195 3240 |
| Richard Morgan Evans | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Barry Bartman | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director | |
| b) | Initial notification/ Amendment | Amendment to Shareholding | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Minoan Group Plc | |
| b) | LEI | 213800T9RAWFP5663Y20 | |
| 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 1p each
GB0008497975 | |
| b) | Nature of the transaction | As a result of Minoan Group's recent subscription and open offer | |
| c) | Price(s) and volume(s) | 6,333,333 shares at 3.00 pence per share | |
| d) | Aggregated information - Aggregated volume - Price |
6,333,333 £190,000 | |
| e) | Date of the transaction | 16 May 2019 | |
| f) | Place of the transaction | London Stock Exchange, AIM | |
| | | | |
| | | | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Grahame Cook | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director | |
| b) | Initial notification/ Amendment | Amendment to Shareholding | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Minoan Group Plc | |
| b) | LEI | 213800T9RAWFP5663Y20 | |
| 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 1p each
GB0008497975 | |
| b) | Nature of the transaction | As a result of Minoan Group's recent subscription and open offer | |
| c) | Price(s) and volume(s) | 5,000,000 shares at 3.00 pence per share | |
| d) | Aggregated information - Aggregated volume - Price |
5,000,000 £150,000 | |
| e) | Date of the transaction | 16 May 2019 | |
| f) | Place of the transaction | London Stock Exchange, AIM | |
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