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 1,289,005 15,565 1,304,570
Arif Karimjee 19,195 10,805 30,000


All shares were purchased, and the Company was notified, on 2 October 2015. The shares purchased by Mr Mence were purchased at a price of 68.0 pence per share, and those by Mr Karimjee at a price of 64.0 pence per share.

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 Gardner (corporate broking)
finnCap + 44 (0) 20 7220 0500
Tim Thompson/Edward Treadwell Newgate + 44 (0) 20 7653 9850
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.
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