Connect Group PLC (the "Company") announces that it has been notified of the following transactions in the Company's ordinary 5p shares undertaken by directors / persons discharging managerial responsibility:
1. On 18 December 2017, sale (for a market price of £1.052 per share) by Mark Cashmore (Executive Director, Chief Executive Officer) of a total of 38,100 ordinary 5p shares and corresponding purchase (for a market price of £1.053 per share) of a total of 38,100 ordinary 5p shares by a custodian on behalf of the administrator of both Mr Cashmore's ISA and the ISA of a person closely associated with Mr Cashmore. Mr Cashmore and his closely associated person are the beneficial owner of the acquired shares in equal proportions.
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
a)
|
Name
|
Mark Cashmore
|
|||
2
|
Reason for the notification
|
||||
a)
|
Position/status
|
Executive Director, 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
|
Connect Group PLC |
|||
b)
|
LEI
|
2138004033ONVOOQXB02 |
|||
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 5p shares |
|||
|
|
||||
Identification code |
ISIN: GB00B17WCR61 |
||||
|
|
||||
b)
|
Nature of the transaction
|
Sale of 38,100 ordinary shares |
|||
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
£1.052 |
38,100 |
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
n/a single transaction |
|||
|
|
||||
- Aggregated volume |
|
||||
|
|
||||
- Price |
|
||||
|
|
||||
e)
|
Date of the transaction
|
18 December 2017 |
|||
f)
|
Place of the transaction
|
London Stock Exchange, XLON |
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
a)
|
Name
|
Mark Cashmore
|
|||
2
|
Reason for the notification
|
||||
a)
|
Position/status
|
Executive Director, 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
|
Connect Group PLC |
|||
b)
|
LEI
|
2138004033ONVOOQXB02 |
|||
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 5p shares |
|||
|
|
||||
Identification code |
ISIN: GB00B17WCR61 |
||||
|
|
||||
b)
|
Nature of the transaction
|
Purchase of 38,100 ordinary shares by a custodian on behalf of the administrator of both Mr Cashmore's ISA and the ISA of Christine Cashmore, a person closely associated with Mr Cashmore.
|
|||
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
£1.053 |
38,100 |
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
n/a single transaction |
|||
|
|
||||
- Aggregated volume |
|
||||
|
|
||||
- Price |
|
||||
|
|
||||
e)
|
Date of the transaction
|
18 December 2017 |
|||
f)
|
Place of the transaction
|
London Stock Exchange, XLON |
Adele Duff
Deputy Company Secretary