Director/PDMR Shareholding

RNS Number : 6607J

GB Group PLC

18 July 2013

 



18 July 2013

GB GROUP PLC

("GBGroup" or "GBG" or "the Group")

Notification of Directors' Interest

GB Group received notification today of the following trades in the Company's ordinary 2.5p shares ("Ordinary Shares") that took place on 16 July 2013:

·      Richard Law, the Chief Executive of the Company, purchased 86,022 Ordinary Shares at a price of 93 pence per share.  Mr Law has also exercised options over 504,566 Ordinary Shares with exercise prices between 33.25 pence and 35.75 pence per share. These options were awarded to him under the rules of the Group's Executive Share Option Scheme between June 2006 and June 2008.  Mr Law sold these shares at a price of 93 pence per share.

Following this notification, Mr Law has:

(i)            increased his beneficial holding to 1,920,940 Ordinary Shares (which represents 1.75% of the issued share capital of the Company); and

(ii)            options over a maximum of 1,936,645 Ordinary Shares .

Prior to this announcement, Mr Law held 1,834,918 Ordinary Shares, representing 1.67% of the issued share capital of the Company.

·      David Wilson, the Group Finance Director of the Company, purchased 48,387 Ordinary Shares at a price of 93 pence per share.  Mr Wilson has also exercised options over 99,566 Ordinary Shares with an exercise price of 23 pence per share. These options were awarded to him under the rules of the Group's Executive Share Option Scheme in between June 2009.  Mr Wilson sold these shares at a price of 93 pence per share.

Following this notification, Mr Wilson has:

(i)            increased his a beneficial holding to 242,853 Ordinary Shares (which represents 0.22% of the issued share capital of the Company); and

(ii)            options over a maximum of 1,132,791 Ordinary Shares .

Prior to this announcement, Mr Wilson held 194,466 Ordinary Shares, representing 0.18% of the issued share capital of the Company.

- Ends -

For further information, please contact:

GB Group plc Richard Law, Chief Executive Dave Wilson, Finance Director	01244 657333
Peel Hunt LLP (Nominated Adviser and Broker) Richard Kauffer Daniel Harris	020 7418 8900
Newgate Threadneedle Caroline Evans-Jones Heather Armstrong	020 7653 9850
Website	www.gbgplc.com

Notes to Editors

About GBGroup

The most profitable and successful organisations recognise the value of understanding the individual identity of their customers and employees. GBG combines this concept of identity with technology to create an environment of trust, so that organisations can employ people and connect, communicate and transact with consumers, safely and responsibly.

We call this Identity Intelligence.

GBG's Identity Intelligence solutions include:

Register & Verify - International software and services for quick and accurate customer registration; and the verification of identities of individuals & businesses remotely.

Cleanse & Engage - Innovative software and services which provide accurate and up-to-date identity information to deliver improved intelligent customer contact strategies.

Employ & Comply - Thorough background checks through online verification and authentication of individuals enabling organisations to safeguard, recruit and engage with confidence.

Trace & Investigate - Leading software and services which provide the most accurate and up-to-date picture of the UK's population, properties and businesses to quickly locate, investigate and contact the right individual, first time.

 

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