VR Education Holdings plc (AIM: VRE; Euronext Growth: 6VR), a leading virtual reality ('VR') technology company focused on the education space, announces that it was today notified that Richard Cooper, Non-Executive Chairman, bought 70,400 ordinary shares in the Company on 11 March 2019 at a price of 10p pence per share, representing 0.04% of the Company's issued share capital.
Subsequent to this purchase of shares, Richard Cooper now holds 1,070,400 ordinary shares in the Company, representing 0.55% of the Company's issued share capital.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
VR Education, together with its wholly owned subsidiary, is an early stage VR software and technology group based in Waterford, Ireland, dedicated to transforming the delivery methods of education and corporate training by utilising VR technologies to deliver fully immersive virtual learning experiences. The Group's core focus is the development and commercialisation of its online virtual social learning and presentation platform called ENGAGE, which provides a platform for creating, sharing and delivering proprietary and third-party VR content for educational and corporate training purposes.
In addition to the ongoing development of the ENGAGE platform, the Group has also built three downloadable showcase VR experiences, being the award-winning Apollo 11 VR experience, the award-winning Titanic VR experience and the award-winning 1943: Berlin Blitz.
On 12 March 2018, VR Education listed on the AIM market of the London Stock Exchange and on Euronext Growth, a market regulated by Euronext Dublin.
Details of the person discharging managerial responsibilities/person closely associated
Reason for the notification
Initial notification /Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
VR Education Holdings plc
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
Description of the financial instrument, type of instrument
VR Education Holdings plc ordinary shares of EUR0.001 each
Nature of the transaction
Acquisition of 70,400 ordinary shares at 10.0p per share
Price(s) and volume(s)
- Aggregated volume
Date of the transaction
Place of the transaction
London Stock Exchange (XLON)
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