Director/PDMR Shareholding

RNS Number : 8533Y

GB Group PLC

08 September 2022

 

9 September 2022

GB GROUP PLC

("GBG" or the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR")

The Board of GBG announces that on 8 September 2022 the Executive Directors were granted options over ordinary shares of 2.5p each in the Company (Ordinary Shares) under the Company's Performance Share Plan. The Performance Share Plan was approved by shareholders at the Company's Annual General Meeting held on 28 July 2022.

The options are set out in the table below. The options reflect the maximum number of Ordinary Shares over which the options may be exercised.

Name of Executive Director	Performance Period of Award	Maximum number of shares subject to award	Exercise Price payable
Chris Clark	1 April 2022 to 31 March 2025	255,120	Nominal Value  (2.5p per share)
David Ward	1 April 2022 to 31 March 2025	147,551	Nominal Value  (2.5p per share)
Nick Brown	1 April 2022 to 31 March 2025	115,749	Nominal Value  (2.5p per share)

Following this announcement, these Executive Directors hold options over a maximum number of shares as follows:

Name	Number of Ordinary Shares
Chris Clark	651,051
David Ward	265,993
Nick Brown	291,453

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

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	1. Chris Clark 2. David Ward 3. Nick Brown
2.	Reason for the notification
a.	Position/status	1. Chief Executive Officer 2. Chief Finance Officer 3. 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	Options over Ordinary shares of 2.5 pence GB0006870611
b.	Nature of the transaction	Grant of options under the Performance Share Plan
c.	Price(s) and volume(s)	Price (p) Volume 1 2.5 255,120 2 2.5 147,551 3 2.5 115,749
d.	Aggregated information Aggregated volume Price	Price (p) Volume 1 2.5 255,120 2 2.5 147,551 3 2.5 115,749
e.	Date of the transaction	8 September 2022
f.	Place of the transaction	Outside of a trading venue

- Ends-

For further information, please contact:

GBG Annabelle Burton, Company Secretary Richard Foster, Investor Relations	[phone] [phone]
Numis   (Nominated Adviser and Corporate Broker) Simon Willis & Joshua Hughes	[phone]
Barclays   (Corporate Broker) Stuart Jempson & Anusuya Nayar Gupta	[phone]
Tulchan Communications LLP   (Financial PR) James Macey White & Matt Low	[phone] [e-mail]
Website	www.gbgplc.com/investors

 

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