Notification of Directors' Interests

RNS Number : 8137E

GB Group PLC

08 July 2019

 

08 July 2019

GB GROUP PLC

("GBG" or the "Company")

Notification of Directors' Interests

The Company announces that Dave Wilson, CFO & COO, on 5 July 2019 notified the Company that he has exercised options over a total of 159,177 Ordinary Shares awarded in May & November 2014 under GBG's Share Match Scheme. The exercise price of the options was 2.5 pence per Ordinary Share. He sold 96,000 of the resultant Ordinary Shares at an average price of 554.2 pence per share on 5 July 2019.

Following this notification, Mr Wilson has a beneficial holding of 450,699 Ordinary Shares (which represents 0.23% of the issued share capital of the Company) and continues to have options over a maximum of 369,351 Ordinary Shares.

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	David Wilson
2.	Reason for the notification
a.	Position/status	CFO & COO
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 following the exercise of options awarded in May & November 2014 under GBG's Share Match Scheme.
c.	Price(s) and volume(s)	Price(s)  Volume(s) 2.5p 159,177
d.	Aggregated information Aggregated volume Price	159,177 2.5p
e.	Date of the transaction	5 July 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 shares following the exercise of options awarded in May & November 2014 under GBG's Share Match Scheme.
c.	Price(s) and volume(s)	Price(s)  Volume(s) 555.5 46,088 553.0 633 553.0 1,221 553.0 1,221 553.0 10,500 553.0 634 553.0 2 553.0 3,920 553.0 633 553.0 2,344 553.0 782 553.0 781 553.0 14 553.0 1,575 553.0 788 553.0 787 553.0 14,165 553.0 1,244 553.0 1,021 553.0 1,197 553.0 468 553.0 1,001 553.0 1,769 553.0 869 553.0 2,343
d.	Aggregated information Aggregated volume Price	96,000 554.2p
e.	Date of the transaction	5 July 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 Peter Stewart Nick Prowting	020 7418 8900
Website	www.gbgplc.com

 

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