Software Circle director sells shares in series of transactions

Published 22/05/2025, 09:22
Software Circle director sells shares in series of transactions

LONDON - Software (ETR:SOWGn) Circle PLC (AIM:SFT), a UK-based acquirer of vertical market software businesses, disclosed a series of share sales by Roman Rothenberg, the company’s M&A Director, and his associated entity, Rothenberg Capital GmbH. The transactions took place on the London Stock Exchange (LON:LSEG)’s AIM market, identified by the code XLON.

According to the corrected announcement, which rectifies a previous error in transaction classification, Rothenberg sold a total of 37,500 Ordinary Shares. The sales occurred in three separate transactions: 27,500 shares at 29.05 pence each and 10,000 shares at 29.00 pence each. Additionally, Rothenberg Capital GmbH disposed of 21,096 Ordinary Shares at 29.00 pence per share.

The dates of the transactions were spread over a three-day period, with the first sale by Rothenberg Capital GmbH on May 19, 2025, and the last sale by Rothenberg on May 21, 2025. The sales were reported in accordance with the UK Market Abuse Regulation requirements, ensuring transparency of PDMR transactions in the market.

Software Circle, known for its strategy of acquiring and operating software businesses in a decentralized manner, emphasizes continuity of operations and preservation of entrepreneurial culture post-acquisition. The company provides a stable home for the teams and management of the businesses it acquires.

The company’s announcement, including the details of the transactions, was disseminated by RNS, the London Stock Exchange’s news service. This notice serves to inform shareholders and the public of the share disposals by a key member of Software Circle’s management team, as required by financial regulations. The information is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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