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blur (Group) plc  -  BLUR   

Directors' dealings

Released 11:47 09-Oct-2013

RNS Number : 1092Q
blur (Group) plc
09 October 2013

9 October 2013

blur (Group) plc

("blur," the "Group" or the "Company")


Directors' dealings


Further to today's earlier announcement regarding the proposed dealings by two Company directors, blur (Group) Plc (BLUR), the technology company that's reinventing commerce at, announces that Philip Letts (CEO) has sold 900,000 existing ordinary shares today at a price of 400p per share and Richard Bourne-Arton (Non-Executive Director) has sold 95,000 existing ordinary shares today also at 400p per share.

Following his sale, Mr. Letts now has a beneficial interest in 14,100,000 ordinary shares, representing 47.58% of the Company's issued ordinary share capital.

Following his sale, Mr. Bourne-Arton now has a beneficial interest in 379,975 ordinary shares, representing 1.28% of the Company's issued ordinary share capital.


For further information please contact:

blur (Group) plc

Tel:  +44 20 3176 0548

Philip Letts - CEO

James Davis - Group CFO

Lucy Davies - Head of PR

N+1 Singer (Nomad and Joint Broker)

Tel:  +44 20 7496 3000

Shaun Dobson / Matt Thomas

Panmure Gordon (Joint Broker)

Tel: +44 20 7886 2500

Dominic Morley / Charles Leigh-Pemberton

Newgate Threadneedle

Tel:  +44 20 7653 9850

Caroline Evans-Jones / Josh Royston/ Hilary Millar

Yellow Jersey

Tel: +44 7768 534641

Philip Ranger / Anna Legge


About blur (Group) plc at

blur Group is a technology company reinventing how businesses do commerce at Its Global Services Exchange delivers services differently: a new way to buy, manage and pay for core services. Approaching 35,000 business users in 141 countries have adopted this s-commerce platform and changed the way they work.


blur Group (BLUR) is a public company headquartered in the UK with offices in the US and Europe. It is listed on the London Stock Exchange's AIM market. blur was founded in January 2006 and launched in alpha in 2007 with the full, formal launch of the Global Services Exchange in January 2010. At that time, just over three project briefs per month were submitted. Now 200 projects per month from companies like Broadridge, Coral, Exceed, HCA, Momentive, Red Commerce, the Financial Times, Berlitz, Butlins, GE Healthcare and Tyco are received. Over the same time, average project value has grown from approximately $1,500 in 2010 to $28,800 in Q3 2013.


Today, more than 2,800 projects have been submitted with a combined value of over $53 million. These have come from the US, UK, Europe, Africa and Asia with over 31,000 expert service providers on eight exchanges responding to them.

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Directors' dealings - RNS