Sopheon plc, the international provider of software and services that improve the financial return from innovation and product development investments, announces that it has been notified that certain directors purchased shares in the Company, as outlined in the table below.
The holdings listed below reflect Ordinary Shares held by the director concerned and all his related parties.
| Name | Holding Prior to Transaction | Number of Shares Acquired | New Share Holding |
|---|---|---|---|
| Barry Mence | 1,401,576 | 39,666 | 1,441,242 |
| Stuart Silcock | 266,627 | 10,000 | 276,627 |
| Arif Karimjee | 40,000 | 8,334 | 48,334 |
All shares were purchased, and the Company was notified, on 14 June 2016 and the shares were purchased at a price of 122.6 pence per share.
For Further Information Contact:
| Barry Mence, Chairman Arif Karimjee, CFO |
Sopheon plc | + 44 (0) 1276 919 560 |
| Ed Frisby / Carl Holmes / Giles Rolls (corporate finance) Mia Gardener (corporate broking) |
finnCap | + 44 (0) 20 7220 0500 |
About Sopheon
Sopheon (LSE: SPE) partners with customers to provide complete enterprise innovation management solutions including software, expertise, and best practices, that enable them to achieve exceptional long-term revenue growth and profitability. Sopheon’s Accolade solution provides unique, fully-integrated coverage for the entire innovation management and new product development lifecycle, including strategic innovation planning, roadmapping, idea and concept development, process and project management, portfolio management and resource planning. Sopheon’s solutions have been implemented by over 200 customers with over 60,000 users in over 50 countries. Sopheon is listed on AIM, operated by the London Stock Exchange.