Director/PDMR Shareholding

RNS Number : 2814Y

Pebble Beach Systems Group PLC

04 December 2017

 

Pebble Beach Systems Group plc (the "Company" or the "Group")

Director/PDMR Shareholding

Pebble Beach Systems Group plc, a leading global software business specialising in solutions for playout automation, and content serving customers in the broadcast markets, announces that on 1 December 2017, it received notification from John Varney, Non-Executive Chairman of the Company that he purchased 1,000,000 ordinary shares of 2.5 pence each in the share capital of the Company ("Ordinary Shares") at 1.49 pence per share on 1 December 2017. Following this transaction, Mr Varney is interested in 1,062,229 Ordinary Shares representing approximately 0.85 per cent of the issued share capital of the Company.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

For further information please contact:

John Varney Non-Executive Chairman Pebble Beach Systems Group plc	[phone]
Shaun Dobson / James White N+1 Singer	[phone]

The Company is listed on the LSE AIM market (PEB.L).  More information can be found at www.pebbleplc.com.

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	John Varney
2	Reason for the notification
a)	Position/status	Non-executive Chairman
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Pebble Beach Systems Group plc
b)	LEI	2138006Q5EZTDJMIBM38
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 each ("Ordinary Shares") GB0001482891
b)	Nature of the transaction	(i)         Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) (i)         1.49 pence (i)         1,000,000
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	(i)         1 December 2017
f)	Place of the transaction	(i)         London Stock Exchange (XLON)

 

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