Notification of Director's Interest

RNS Number : 4118R

GB Group PLC

26 June 2015

 



26 June 2015

GB GROUP PLC

("GBG" or "the Company")

Notification of Director's Interest

The Company announces that Richard Law (GBG's Chief Executive Officer) has today notified the Company that he has exercised options over a total of 750,000 ordinary shares of 2.5p each in the Company ("Ordinary Shares") the exercise price of the options ranged between 25.75 pence to 43 pence per share. Of the Ordinary Shares exercised 452,275 were sold at a price of £2.08 per share to cover the exercise costs incurred and tax liabilities arising in respect of the exercise of these options.  He has retained a total of 297,725 Ordinary Shares relating to the exercise.

Following this notification, Mr Law has a beneficial holding of 2,316,045 Ordinary Shares (which represents 1.92% of the issued share capital of the Company).

- Ends-

For further information, please contact:

GB Group plc	01244 657333
John Constantin, Company Secretary
Peel Hunt LLP (Nominated Adviser and Broker)	020 7418 8900
Richard Kauffer
Newgate (Financial PR)
Bob Huxford / Andrew Jones		0207 653 9840
Website		www.gbgplc.co.uk

 

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