21 April 2023
RC365 Holding Plc
("RC365" or the "Company")
Director/ PDMR Shareholding
RC365 Holding Plc ("RC365"), a company focusing on payment gateway solutions and IT support, announces that LYS Limited, a company wholly owned by Chi Kit Law, Chief Executive Officer, today sold a total of 11,000,000 ordinary shares, at a price of 20 pence per Ordinary Share on 21 April 2023. Following this transaction, LYS Limited holds a total of 64,000,000 ordinary shares, representing 50.98% of the issued share capital of the Company.
For further information please contact:
| RC365 Holding plc Chi Kit LAW, Chief Executive Officer | T: +852 2251 1621 E: ir@rc365plc.com |
| Guild Financial Advisory Limited - Financial Adviser Ross Andrews | T: +44 (0)7973 839767 E: ross.andrews@guildfin.co.uk |
Appendix 1
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
|
Chi Kit Law | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Executive Officer | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| RC365 Holding Plc | |||
| b)
| LEI
| 213800LQJTQSFR2XY322 | |||
| 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 | Ordinary shares of £0.20 each | |||
| | | ||||
| Identification code | ISIN Code: GB00BMG8BL95 | ||||
| | | ||||
| b)
| Nature of the transaction
| Disposal of ordinary shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | £0.20 per share | 11,000,000 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 11,000,000 | ||||
| | | ||||
| - Price | £2,200,000 | ||||
| | | ||||
| e)
| Date of the transaction
| 21 April 2023 | |||
| f)
| Place of the transaction
| London Stock Exchange (Main Market) | |||
Appendix 2
R-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BMG8BL95
Issuer Name
RC365 HOLDING PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
LYS Limited
City of registered office (if applicable)
Grand Cayman
Country of registered office (if applicable)
Cayman Islands
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
21-Apr-2023
6. Date on which Issuer notified
21-Apr-2023
7. Total positions of person(s) subject to the notification obligation
| | % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer |
| Resulting situation on the date on which threshold was crossed or reached | 50.981964 | 0.000000 | 50.981964 | 64000000 |
| Position of previous notification (if applicable) | 59.744489 | 0.000000 | 2.990569 | 75000000 |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
| GB00BMG8BL95 | 64000000 | 0 | 50.981964 | 0.000000 |
| Sub Total 8.A | 64000000 | 50.981964 % | ||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
| | | | | |
| Sub Total 8.B1 | | | | |
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
| | | | | | |
| Sub Total 8.B2 | | | | ||
9. Information in relation to the person subject to the notification obligation
1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
| Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
| | | | | |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
12. Date of Completion
21-Apr-2023
13. Place Of Completion
London Stock Exchange (Main Market)
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