Director/PDMR Shareholding

Summary by AI BETAClose X

Getech Group plc announced that Non-Executive Chairman Michael Covington gifted 664,375 ordinary shares to his wife, Philippa Covington, for nil consideration. Subsequently, both Michael and Philippa Covington executed "Bed and ISA" transactions, selling and reacquiring the same number of shares at prices of 3.0000p and 3.0045p respectively. Following these transactions, Michael Covington beneficially holds 714,192 shares (approximately 0.47%) and Philippa Covington holds 664,375 shares (approximately 0.44%), with their combined beneficial interest remaining unchanged at approximately 0.90% of the company's issued share capital.

Disclaimer*

GETECH Group plc
13 August 2026
 

13 Aug 2026 

Getech Group plc

("Getech" or the "Company")

Directors and PCA Dealings 

Getech (AIM: GTC), a leading locator of subsurface resources, has received notification of the following transactions in the Company's ordinary shares of 0.25p each ("Ordinary Shares").

On 11 August 2026, Michael Covington, Non-Executive Chairman of Getech, gifted 664,375 Ordinary Shares, for nil consideration, to his wife Philippa Covington, a person closely associated with him.

On 12 August 2026, in order to effect "Bed and ISA" transactions, Michael Covington sold 664,375 Ordinary Shares at a price of 3.0000p each before subsequently acquiring 664,375 Ordinary Shares at a price of 3.0045p each within an Individual Savings Account. On the same date and on the same terms, Philippa Covington sold 664,375 Ordinary Shares at a price of 3.0000p each before subsequently acquiring 664,375 Ordinary Shares at a price of 3.0045p each within an Individual Savings Account.

Following these transactions, Michael Covington is beneficially interested in 714,192 Ordinary Shares, representing c. 0.47 per cent of the Company's issued share capital, comprising 664,375 Ordinary Shares held within an Individual Savings Account and 49,817 Ordinary Shares held within a self-invested personal pension. Philippa Covington is beneficially interested in 664,375 Ordinary Shares, representing c. 0.44 per cent of the Company's issued share capital.

The aggregate beneficial interest of Michael Covington and Philippa Covington is 1,378,567 Ordinary Shares, representing c. 0.90 per cent of the Company's issued share capital. This is unchanged from the position prior to the transactions described above. No Ordinary Shares have been sold outside the family holding.

For further information, please visit www.getech.com or contact:

    Getech Group plc

    Chris Jepps, CEO

 

Tel:  0113 322 2200

 



   Cavendish Capital Markets Limited

   Neil McDonald / Pete Lynch / Hanna Leijonmarck (Corporate Finance)
   Jasper Berry / Dale Bellis (Sales)

 

 

Tel:  0207 397 8900

 

 



   Novella Communications

Tel: 0203 151 7008

   Tim Robertson / Oliver Norton



  getech@novella-comms.com





The notification required under Article 19 of UK MAR are set out below:

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michael Covington

2

Reason for the notification

a)

Position/status

Non-Executive Chairman

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Getech Group plc

b)

LEI

213800L36BCDMGT89738

4

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 instrument, type of instrument

 

Identification code

Ordinary Shares of 0.25p each

 

GB00B0HZVP95

b)

Nature of the transaction

Gift of Ordinary Shares (disposal), for nil consideration

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

1.

Nil

664,375

d)

Aggregated information

- Aggregated volume

- Price

 

664,375

Nil consideration

e)

Date of the transaction

11 August 2026

f)

Place of the transaction

Outside a trading venue



1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Philippa Covington

2

Reason for the notification

a)

Position/status

Person closely associated with Michael Covington, Non-Executive Chairman

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Getech Group plc

b)

LEI

213800L36BCDMGT89738

4

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 instrument, type of instrument

 

Identification code

Ordinary Shares of 0.25p each

 

GB00B0HZVP95

b)

Nature of the transaction

Gift of Ordinary Shares (acquisition), for nil consideration

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

1.

Nil

664,375

d)

Aggregated information

- Aggregated volume

- Price

 

664,375

Nil consideration

e)

Date of the transaction

11 August 2026

f)

Place of the transaction

Outside a trading venue


1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michael Covington

2

Reason for the notification

a)

Position/status

Non-Executive Chairman

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Getech Group plc

b)

LEI

213800L36BCDMGT89738

4

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 instrument, type of instrument

 

Identification code

Ordinary Shares of 0.25p each

 

GB00B0HZVP95

b)

Nature of the transaction

Sale

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

1.

3.0000p

664,375

d)

Aggregated information

- Aggregated volume

- Price

 

664,375

£19,931.25

e)

Date of the transaction

12 August 2026

f)

Place of the transaction

AIM

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michael Covington

2

Reason for the notification

a)

Position/status

Non-Executive Chairman

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Getech Group plc

b)

LEI

213800L36BCDMGT89738

4

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 instrument, type of instrument

 

Identification code

Ordinary Shares of 0.25p each

 

GB00B0HZVP95

b)

Nature of the transaction

Acquisition

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

1.

3.0045p

664,375

d)

Aggregated information

- Aggregated volume

- Price

 

664,375

£19,961.15

e)

Date of the transaction

12 August 2026

f)

Place of the transaction

AIM



1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Philippa Covington

2

Reason for the notification

a)

Position/status

Person closely associated with Michael Covington, Non-Executive Chairman

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Getech Group plc

b)

LEI

213800L36BCDMGT89738

4

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 instrument, type of instrument

 

Identification code

Ordinary Shares of 0.25p each

 

GB00B0HZVP95

b)

Nature of the transaction

Sale

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

1.

3.0000p

664,375

d)

Aggregated information

- Aggregated volume

- Price

 

664,375

£19,931.25

e)

Date of the transaction

12 August 2026

f)

Place of the transaction

AIM




1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Philippa Covington

2

Reason for the notification

a)

Position/status

Person closely associated with Michael Covington, Non-Executive Chairman

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Getech Group plc

b)

LEI

213800L36BCDMGT89738

4

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 instrument, type of instrument

 

Identification code

Ordinary Shares of 0.25p each

 

GB00B0HZVP95

b)

Nature of the transaction

Acquisition

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

1.

3.0045p

664,375

d)

Aggregated information

- Aggregated volume

- Price

 

664,375

£19,961.15

e)

Date of the transaction

12 August 2026

f)

Place of the transaction

AIM






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