Information  X 
Enter a valid email address

GB Group PLC (GBG)

  Print      Mail a friend       Annual reports

Friday 20 September, 2019

GB Group PLC

Notification of Directors' Interests

RNS Number : 1159N
GB Group PLC
20 September 2019
 

 

 


20 September 2019

 

GB GROUP PLC

("GBG" or the "Company")

 

Notification of Directors' Interests

 

The Company announces that Nick Brown, Group Managing Director has notified the Company that he purchased 32,521 ordinary shares of 2.5p each ("Ordinary Shares") at a price of 556.0 pence per share on 18 September 2019.  

 

Mr Brown also notified the company that on 18 September 2019 he exercised options over a total of 190,595 Ordinary Shares which were awarded in July 2010 under GBG's Executive Share Option Scheme. The exercise price of the options was 2.5 pence per Ordinary Share. On 18 September 2019 Mr Brown sold a total of 138,000 of the resultant Ordinary Shares at an average price of 555.9 pence per share.

 

Following this notification, Mr Brown has a beneficial holding of 1,077,312 Ordinary Shares (which represents 0.56% of the issued share capital of the Company) and continues to have options over a maximum of 363,281 Ordinary Shares.

 

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

 

1.  

Details of the person discharging managerial responsibilities / person closely associated

a.     

Name

Nick Brown

2.    

Reason for the notification

a.    

Position/status

Group Managing Director

b.    

Initial notification /Amendment

Initial notification

3.    

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

a.    

Name

GB Group plc

b.    

LEI

213800RBAFZIBCV7XR29

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 2.5 pence

GB0006870611

b.   

Nature of the transaction

Acquisition of shares

c.         

Price(s) and volume(s)

 Price(s) 

Volume(s)

556.0

32,521

d.       

Aggregated information

Aggregated volume

Price

 

32,521

556.0p

e.     

Date of the transaction

18 September 2019

f.      

Place of the transaction

London Stock Exchange (XLON); AIM

 

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 2.5 pence

GB0006870611

b.   

Nature of the transaction

Exercise of options awarded in July 2010 under GBG's Executive Share Option Scheme.

c.         

Price(s) and volume(s)

 Price(s) 

Volume(s)

2.5p

190,595

d.       

Aggregated information

Aggregated volume

Price

 

190,595

2.5p

e.     

Date of the transaction

18 September 2019

f.      

Place of the transaction

Outside of a trading venue

 

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 2.5 pence

GB0006870611

b.   

Nature of the transaction

Sale of Ordinary Shares

c.         

Price(s) and volume(s)

 Price(s) 

Volume(s)

553.0p

24,000

553.0p

1,073

556.0p

2,705

557.0p

10,000

556.5p

2,577

555.0p

12,500

556.0p

3,500

556.5p

10,000

557.5p

2,550

557.6p

7,922

558.3p

2,130

558.0p

5,290

557.0p

17,860

556.0p

32,521

557.0p

2,622

556.0p

228

556.0p

500

556.0p

22

d.       

Aggregated information

Aggregated volume

Price

 

138,000

555.9p

e.     

Date of the transaction

18 September 2019

f.      

Place of the transaction

London Stock Exchange (XLON); AIM

 

- Ends-

For further information, please contact:

GB Group plc

John Constantin, Company Secretary

 

01244 657333

Peel Hunt LLP (Nominated Adviser and Broker)

Edward Knight

Edward Allsopp

Nick Prowting

 

020 7418 8900

Website

www.gbgplc.com

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHEANNEAFSNEEF

a d v e r t i s e m e n t