Sopheon was notified today, 3 May 2016, that Inkberrow Limited, a company wholly owned by Barry Mence, an executive director of the Company, has transferred 436,076 ordinary shares of 20p each in the Company ("Ordinary Shares") from being held by Inkberrow Limited to being held in Barry Mence’s own name. The transfer was at a price of 92p per share, and Barry Mence’s total beneficial interest in Ordinary Shares remains unchanged at 1,371,576, representing approximately 18.8 per cent. of the Company's total voting rights.
Sopheon was also notified today, 3 May 2016, that Stuart Silcock, a non-executive director of the Company, transferred 19,127 Ordinary Shares from being held in his own name to be held through his self-invested personal pension, and a further 23,000 Ordinary Shares from being held in his own name to be held through his ISA. The transfers were at a price of 92p per share, and Stuart Silcock’s total beneficial interest in Ordinary Shares remains unchanged at 254,727, representing approximately 3.5 per cent. of the Company's total voting rights.
For Further Information Contact:
| Barry Mence, Chairman | Sopheon plc | + 44 (0) 1276 919 560 |
| Arif Karimjee, CFO | Sopheon plc | + 44 (0) 1276 919 560 |
| Ed Frisby / Carl Holmes (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.