Director/PDMR Shareholding

RNS Number : 7083J

Gfinity PLC

04 April 2018

 

4 April 2018

Gfinity plc

("Gfinity" or the "Company")

Director/PDMR Shareholding

Gfinity plc, a leading international esports group, has been informed that Neville Upton, CEO of the Company, on 4 April 2018 purchased 166,666 ordinary shares at a price of 12.00p in the Company as part of the placing announced on 28 March 2018.

Following this purchase, Neville Upton has an interest in 14,877,245 ordinary shares in the Company, equivalent to 5.44% of the Company's issued share capital.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Neville Upton
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gfinity plc
b)	LEI	213800GNV14EDQNRWI17
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 12.00p each in Gfinity plc Identification code (ISIN) for Gfinity plc ordinary shares: GB00BT9QD572
b)	Nature of the transaction	Sale and Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 12.00p 166,666
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transactions	4 April 2018
f)	Place of the transaction	London Stock Exchange, AIM (FBT)

The information set out in this announcement is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

Enquiries:

Gfinity plc	www.gfinityplc.com
Neville Upton, Chief Executive Officer	Via Walbrook PR
Allenby Capital Limited - AIM Nominated Adviser and Joint Broker	Tel: [phone]
Jeremy Porter / John Depasquale
Shore Capital - Joint Broker	Tel: [phone]
Patrick Castle
Walbrook PR (Media & Investor Relations)	Tel: [phone]
Paul Cornelius / Nick Rome/ Sam Allen	or [e-mail]

About Gfinity

Founded in 2012, Gfinity has established itself as one of the world's leading esports companies.  The London-based business enjoys strong relationships with game publishers, players and the wider esports community and has built a solid reputation for delivering high quality competitions, both on-line at www.gfinityesports.com and off-line, in addition to producing industry leading esports broadcasts.

The Gfinity Esports Arena at Fulham Broadway, London is the home of UK esports showcasing regular tournaments across the full range of competitive games. Beyond its own tournaments Gfinity provides a full turnkey solution for brands wanting to create their own esports tournaments and has staged premium esports events around the globe for leading publishers and brands including Formula 1, Microsoft, Activision, EA, Xbox, Gillette and HP.

 

END

 

 

DSHDMGGDVFGGRZM