Director/PDMR Shareholding

RNS Number : 0448Z

Connect Group PLC

07 January 2020

 

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 Jonathan Bunting (Chief Executive Officer) of his 2017 Deferred Bonus Plan nil cost option in respect of 88,995 shares and the receipt of 30,388 shares in respect of the dividend equivalent payments due thereon, together with a subsequent sale of 56,225 ordinary shares to cover the tax and NI liability levied on the same.

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	Jonathan Bunting
2	Reason for the notification
a)	Position/status	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 88,995 Deferred Bonus Plan (2017) shares and receipt of 30,388 shares in respect of the dividend equivalent payment
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil consideration	119,383
d)	Aggregated information	n/a single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	7 January 2020
f)	Place of the transaction	London Stock Exchange, Main Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jonathan Bunting
2	Reason for the notification
a)	Position/status	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 56,225 shares to cover the tax and NI liability arising following exercise of 88,995 Deferred Bonus Plan (2017) shares and receipt of 30,388 shares in respect of the dividend equivalent payment
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.35750	56,225
d)	Aggregated information	n/a single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	7 January 2020
f)	Place of the transaction	London Stock Exchange, Main Market

Karen Mills

Deputy Company Secretary 

 

END

 

 

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