Option Exercise, Issue of Equity & PDMR Dealings
Journeo plc announced the issuance of 50,000 new ordinary shares following the exercise of options by employees and a PDMR, with 10,000 shares exercised and sold by Chief Financial Officer Nick Lowe at 470p per share, while retaining his existing shareholding and options. Following the expected admission of these new shares on December 8, 2025, the total number of ordinary shares in issue will be 17,674,793, which will serve as the denominator for FCA disclosure rule calculations.
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Journeo plc (AIM: JNEO), a leading provider of information systems and technical services to transport operators and local authorities announces the issuance of a total of 50,000 new ordinary shares of 6.5p each ("Ordinary Shares") pursuant to the exercise of options by certain employees and a PDMR.
Pursuant to the Company's EMI scheme, options have been exercised over a total of 50,000 new Ordinary Shares by certain employees and a PDMR, Nick Lowe, at varying exercise prices of 50p and 105p per share. Nick Lowe, Chief Financial Officer, has undertaken a partial exercise of 10,000 of his total EMI options held and subsequently sold 10,000 Ordinary Shares at 470p per share to satisfy market demand. Following these transactions, Nick retains his current shareholding of 53,500 Ordinary Shares, 20,000 EMI options, as well as outstanding options over an additional 45,000 Ordinary Shares.
Application has been made for 50,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on 8 December 2025. Following Admission, the Company will have 17,674,793 Ordinary Shares in issue. The Company holds no shares in treasury. Accordingly, the total number of voting rights in the Company following Admission will be 17,674,793. This figure should be used by Shareholders as the denominator for calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, Ordinary Shares under the FCA's Disclosure Guidance and Transparency Rules.
Further details are set out below in accordance with the UK Market Abuse Regulation.
A digital copy of this announcement is available on the Group's website: www.journeo.com
| a) | Name | Nick Lowe | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Financial Officer | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Journeo plc | |
| b) | LEI | 213800TKF7L4IEV9W867 | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 6.5 pence each | |
| Identification code | GB00BKP51V79 | ||
| b) | Nature of the transaction | Exercise of EMI options | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| Exercise price of 50p per share | 10,000 | ||
| d) | Aggregated information | ||
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 1 December 2025 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Nick Lowe | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Financial Officer | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Journeo plc | |
| b) | LEI | 213800TKF7L4IEV9W867 | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 6.5 pence each | |
| Identification code | GB00BKP51V79 | ||
| b) | Nature of the transaction | Sale of shares | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| 470p | 10,000 | ||
| d) | Aggregated information | ||
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 1 December 2025 | |
| f) | Place of the transaction | AIMX |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.