Issue of Equity and PDMR Dealing

RNS Number : 1013F

Gusbourne PLC

24 October 2018

 

24 October 2018

Gusbourne Plc

("Gusbourne", the "Company" or the "Group")

Issue of Equity & PDMR Dealings

The Company announces that it has issued 75,000 new ordinary shares of 1p each ("New Shares") pursuant to an exercise of warrants by certain investors in the Company. Of these, James Arbuthnot, Non-Executive Director, exercised 25,000 warrants. All warrants were exercised at 60p per share.

An application has been made for the New Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur on 30 October 2018. Following Admission, the Company will have 45,663,683 ordinary shares in issue admitted to trading on AIM. Following Admission, Mr Arbuthnot will have a total beneficial interest in 106,360 ordinary shares.

Further information is disclosed below in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James Arbuthnot
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gusbourne plc
b)	LEI	2138006K652TIS2UN864
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	Warrants over ordinary shares of 1p each in Gusbourne plc ISIN: GB00B8TS4M09
b)	Nature of the transaction	Exercise of warrants
c)	Price(s) and volume(s)	Price(s) Volume(s) 60p 25,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	24 October 2018
f)	Place of the transaction	Outside a trading venue

Enquiries:

Gusbourne Plc

Charlie Holland                                                                 [phone]                       

Cenkos Securities plc

Nicholas Wells / Callum Davidson                                 [phone]

Note: This announcement and other press releases are available to view at the Company's website: www.gusbourneplc.com

 

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