Director/PDMR Shareholding

RNS Number : 4801K

Connect Group PLC

07 July 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.   On 7 July 2017, sale (for a market price of £1.100 per share) by Mark Cashmore (Executive Director, Group Chief Executive Officer) of a total of 108,000 ordinary 5p shares and corresponding purchase (for a market price of £1.101 per share) of a total of 108,000 ordinary 5p shares by a custodian on behalf of the administrator of Mr Cashmore's SIPP. Mr Cashmore is the beneficial owner of the acquired shares.

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	Sale of 108,000 ordinary shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£1.100	108,000
d)	Aggregated information	n/a single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	07 July 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, 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	Purchase of 108,000 ordinary shares by a custodian on behalf of the administrator of Mr Cashmore's SIPP.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£1.101	108,000
d)	Aggregated information	n/a single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	07 July 2017
f)	Place of the transaction	London Stock Exchange, XLON

Alison Painter

Interim Deputy Company Secretary 

 

END

 

 

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