Director/PDMR Shareholding

RNS Number : 6572W

Connect Group PLC

10 February 2017

 

Connect Group PLC

Director/PDMR Shareholding

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.         Exercise by Mark Cashmore (Executive Director, Group Chief Executive Officer) of 54,669 Deferred Bonus Plan (2014) shares and the subsequent sale of 25,747 ordinary shares to cover the tax and NI liability.

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, Group 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	Exercise of 54,669 Deferred Bonus Plan (2014) shares.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil consideration	54,669
d)	Aggregated information	n/a single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	10 February 2017
f)	Place of the transaction	London Stock Exchange, Main Market

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, Group 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 25,747 shares to cover the tax and NI liability arising following exercise of 54,669 Deferred Bonus Plan (2014) shares.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£1.3985	25,747
d)	Aggregated information	n/a single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	10 February 2017
f)	Place of the transaction	London Stock Exchange, Main Market

Alison Painter

Interim Deputy Company Secretary 

 

END

 

 

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