Notification of Directors' Interests

RNS Number : 0020V

GB Group PLC

28 November 2019

 

28 November 2019

GB GROUP PLC

("GBG" or the "Company")

Notification of Directors' Interests

The Company announces that, on 26 November 2019, Dave Wilson (CFO & COO) and Nick Brown (Managing Director), exercised options over ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") at an exercise price of 2.5 pence per Ordinary Share. Subsequently, Dave Wilson, Nick Brown and David Rasche (Chairman) sold Ordinary Shares at a price of 710 pence per Ordinary Share on the same day.

Details of the transactions and resultant beneficial shareholdings by individual are as follows:

Name	Role	Options exercised	Ordinary Shares sold	Resultant beneficial shareholding	% of issued share capital
Dave Wilson	CFO & COO	129,783	280,757*	170,122	0.09%
Nick Brown	Managing Director	117,103	367,103	827,312	0.43%
David Rasche	Chairman	-	160,000	743,525	0.38%

*150,974 of these Ordinary Shares sold were sold by Cath Wilson, wife of Dave Wilson

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	1.   Dave Wilson 2.   Nick Brown
2.	Reason for the notification
a.	Position/status	1.   CFO & COO 2.   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 Ordinary Shares following the exercise of options
c.	Price(s) and volume(s)	Price(s) Volume(s) 1 2.5p 129,783 2 2.5p 117,103
d.	Aggregated information · Aggregated volume · Price	Price(s) Volume(s) 1 2.5p 129,783 2 2.5p 117,103
e.	Date of the transaction	26 November 2019
f.	Place of the transaction	Outside a trading venue
1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	1.   Dave Wilson 2.   Nick Brown 3.   David Rasche
2.	Reason for the notification
a.	Position/status	1.   CFO & COO 2.   Managing Director 3.   Chairman
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	Sale of Ordinary Shares.
c.	Price(s) and volume(s)	Price(s) Volume(s) 1 710p 129,783 2 710p 367,103 3 710p 160,000
d.	Aggregated information · Aggregated volume · Price	Price(s) Volume(s) 1 710p 129,783 2 710p 367,103 3 710p 160,000
e.	Date of the transaction	26 November 2019
f.	Place of the transaction	London Stock Exchange (XLON); AIM

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Dave 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	Transfer of Ordinary Shares to PCA, Cath Wilson
c.	Price(s) and volume(s)	Price(s) Volume(s) N/A 140,974
d.	Aggregated information · Aggregated volume · Price	Price(s) Volume(s) N/A 140,974
e.	Date of the transaction	26 November 2019
f.	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Cath Wilson
2.	Reason for the notification
a.	Position/status	PCA of Dave Wilson, 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	Sale of Ordinary Shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 710p 150,974
d.	Aggregated information · Aggregated volume · Price	Price(s) Volume(s) 710p 150,974
e.	Date of the transaction	26 November 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

 

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