PDMR/Rule 17 notifications

RNS Number : 9348P

Gordon Dadds Group PLC

13 February 2019

 

Gordon Dadds Group Plc ("Gordon Dadds" or the "Company")

PDMR/Rule 17 notifications 

Gordon Dadds announces changes to the holdings of significant shareholders for the purposes of Rule 17 of the AIM Rules for Companies as a result of its recent placing of 8,217,019 ordinary shares of 1p in the capital of the Company (Placing):

The shareholding of Adrian Biles, CEO, remains unchanged but in consequence of the Placing now represents 20.56% of the Company's issued share capital.  The shareholdings of John Biles and Robert Biles also remain unchanged but now represent less than 3% of the Company's issued share capital.

In addition, for the purposes of Article 19 of the Market Abuse Regulation (EU 596/2014), the Company announces that Simon Howard, a non-executive director of the Company, has for personal reasons disposed of interests in 80,000 ordinary shares at £1.40 per share on 12 February 2019.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Gordon Dadds Group plc Adrian Biles, Chief Executive Officer Christopher Yates, Chief Financial Officer	Via Portland
Arden Partners Nominated Adviser and broker to the Company	[phone]
Fraser Marshall - Corporate Broking
Portland Communications Steffan Williams/Simon Hamer/Lauren Gallagher	[phone]
	Email: [e-mail]

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with Article 19 of the Market Abuse Regulation

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	Simon Howard
2	Reason for the notification
a)	Position/status	Non executive Director - classified as a PDMR of Gordon Dadds Group plc
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gordon Dadds Group plc
b)	LEI	2138005A5XOTI2MHP510
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	Ordinary shares of 1 penny each ("Ordinary Shares")
b)	Identification code	GB00BZBY3Y0
c)	Nature of the transaction	Sale of Ordinary Shares
d)	Price(s) and volume(s)	Prices(s) Volume(s) 140.00 pence 80,000
d)	Aggregated information  - Aggregated volume - Price	80,000 140.00 pence
e)	Date of the transaction	12 February 2019
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

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