LoopUp : Director and PDMR Dealings

19 March 2020

LOOPUP GROUP PLC

("LoopUp Group" or the "Group")

Update on measures relating to 2018 and 2019 options grants

and

Director and PDMR Dealings

LoopUp Group plc (LSE AIM: LOOP), the premium remote meetings company, provides an update to the announcement made on 4 December 2019 in relation to the offer made to current employees - excluding co-CEOs Steve Flavell and Michael Hughes - concerning options granted in August 2018 and June 2019.

Following the conclusion of the process, it has resulted in the cancellation of 2,512,250 options granted in August 2018 and June 2019 ("Old Options") and the grant of 2,171,800 new options with an exercise price of 75 pence ("New Options").

The grant of 2,171,800 New Options equates to 3.9% of the Group's current issued share capital. In total, 4,632,645 options over the Company's Ordinary Shares are now outstanding, which equates to 8.4% of the Group's current issued share capital. The Group's current total number of ordinary shares in issue is 55,245,182.

The Group's Remuneration Committee and the Board maintain that these share options are an effective and important mechanism to incentivise and retain key employees of the Group and to align them with shareholder interests.

Cancellation of Old Options and New Options granted to Directors / PDMRs

The following PDMRs of the Group had share options granted or cancelled, which are included in the totals above:

		Options				Shares
				Total
				number of	Options
				options	as % of		% of
		Old	New	held post	issued		issued
		Options	Options	cancellation	share	Number of	share
Name	Title	cancelled	granted	and grant	capital	shares	capital
Steve	co-CEO,	(180,000)	-	-	0.00%	2,625,875	4.75%
Flavell	Director
Michael	co-CEO,	(180,000)	-	880,000	1.59%	2,616,899	4.74%
Hughes	Director
Simon	CFO, Director	(95,000)	82,000	152,000	0.28%	64,500	0.12%
Healey
Marcus	COO, PDMR	(180,000)	156,000	456,000	0.83%	156,243	0.28%
Greensit

Robert	CMO, PDMR	(107,500)	93,000	93,000	0.17%	-	-
Jardine
Alex	CPO, PDMR	(107,500)	93,000	203,218	0.37%	452,207	0.82%
Breen
Benjamin	VP Group	(95,000)	82,000	82,000	0.15%	3,381	0.01%
Fried	Commercial,
	PDMR
David	VP Network	(95,000)	82,000	82,000	0.15%	-	-
Carroll	Operations,
	PDMR
Koorosh	VP Engineering,	(60,000)	52,000	52,000	0.09%	-	-
Nouri	PDMR
Edward	General	(60,000)	52,000	52,000	0.09%	1,114	0.00%
Cooper	Counsel, PDMR

The FCA notification, made in accordance with the requirements of the EU Market Abuse Regulation is appended below.

For further information, please contact:
LoopUp Group PLC	via FTI
Steve Flavell, co-CEO
Panmure Gordon (UK) Limited	[phone]
Dominic Morley / Alina Vaskina (Corporate Finance)
Erik Anderson (Corporate Broking)
Numis Securities Limited	[phone]
Simon Willis/Jonny Abbott (Corporate Finance)
FTI Consulting, LLP	[phone]
Matt Dixon / Emma Hall / Jamille Smith / Shamma Kelly

About LoopUp Group plc

LoopUp (LSE AIM: LOOP) is a premium remote meetings solution. LoopUp helps technology leaders to unlock the true potential of remote meetings in their organisations by combining simple, progressive software with best-in-class audio reliability. Over 2,000 organisations worldwide trust LoopUp's award- wining SaaS solution with their remote meetings, including 20 of the world's top-100 law firms, 24 of the world's top-100 private equity firms, and enterprises such as Travelex, Kia Motors, Planet Hollywood and National Geographic. The Group is headquartered in London, with offices in San Francisco, New York, Boston, Chicago, Dallas, Los Angeles, Atlanta, Denver, Cardiff, Milton Keynes, Madrid, Berlin, Malmo, Hong Kong, Sydney and Barbados, and is listed on the AIM market of the London Stock Exchange (LOOP). For further information, please visit: www.loopup.com.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

• Details of the person discharging managerial responsibilities / person closely associated

a) Names	1. Steve Flavell, co-CEO, Director
	2.	Michael Hughes, co-CEO, Director
	3.	Simon Healey, CFO, Director
	4.	Marcus Greensit, COO, PDMR
	5.	Robert Jardine, CMO, PDMR
	6. Alex Breen, CPO, PDMR
	7.	Benjamin Fried, VP Group Commercial, PDMR
	8.	David Carroll, VP Network Operations, PDMR
	9.	Koorosh Nouri, VP Engineering, PDMR
	10. Edward Cooper, General Counsel, PDMR

• Reason for the notification

a)	Position/status	Classified as PDMRs of the Company
b)	Initial notification /Amendment	Initial Notification

• Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)	Name	LoopUp Group plc
b)	LEI	21380063DQ4WXDQLYB80

• 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		Options over Ordinary Shares of 0.5p each
	instrument, type of instrument
b)	Identification code		GB00BYQP6S60
c)	Nature of the transaction		Cancellation of Old Options and Grant of New Options
d)	Price(s) and volume(s)		Cancellation of 2018 Options
			Price(s)		Volume(s)
			1.	440p	120,000
			2.	440p	120,000
			3.	440p	60,000
			4.	440p	120,000
			5.	440p	70,000
			6.	440p	70,000
			7.	440p	60,000
			8.	440p	60,000
			9.	440p	40,000
			10.	440p	40,000

Cancellation of 2019 Options

1. Aggregated information
2. • Aggregated volume
   • Price
3. Date of the transaction
4. Place of the transaction

Price(s)		Volume(s)
1.	317.5p	60,000
2.	317.5p	60,000
3.	317.5p	35,000
4.	317.5p	60,000
5.	317.5p	37,500
6.	317.5p	37,500
7.	317.5p	35,000
8.	317.5p	35,000
9.	317.5p	20,000
10.	317.5p	20,000

Grant of New Options

Price(s)		Volume(s)
1.	-	-
2.	-	-
3.	75p	82,000
4.	75p	156,000
5.	75p	93,000
6.	75p	93,000
7.	75p	82,000
8.	75p	82,000
9.	75p	52,000
10.	75p	52,000

Cancellation of 2018 Options

760,000 options at 440p each

Cancellation of 2019 Options

400,000 options at 317.5p each

Grant of New Options

692,000 options at 75p each

19 March 2020

London Stock Exchange