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A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; ....
The Panoply announces that it has been notified by certain employees of and consultants to the Company, as well as certain other sellers of companies that have been acquired by The Panoply of their intention to sell a minimum of 2,555,967 ordinary shares of £0.01 each in the Company ( Sale Shares ) at a price of 170 pence per Sale Share (the Sale ). No directors or PDMRs are selling any shares in the Sale. The Sale Shares represent approximately 3.7% of the Company s issued share capital. The Company is not a party to the Sale and will not receive any proceeds from the Sale. Background to the Transaction ....