Notification of Director's Interest

RNS Number : 8266G

GB Group PLC

06 March 2018

 

6 March 2018

GB GROUP PLC

("GBG" or "the Company")

Notification of Director's Interest

The Company announces that Nick Brown, Director, yesterday notified the Company that he sold 125,000 ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") at an average price of 418.56 pence per share on 2 March 2018.

The Company also announces that Nick Brown's wife, Susan Brown, sold 13,560 Ordinary Shares at an average price of 407.50 pence per share on 5 March 2018.

Following these transactions, Mr. Brown has a beneficial holding of 877,585 Ordinary Shares (which represents 0.57% of the issued share capital of the Company) and continues to have options over a maximum of 591,823 Ordinary Shares.

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Nick Brown
2.	Reason for the notification
a.	Position/status	Director
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	GB Group plc
b.	LEI	213800RBAFZIBCV7XR29
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 GB0006870611
b.	Nature of the transaction	Disposal of Shares
c.	Price(s) and volume(s)	Price(s)  Volume(s) 418.50p 100,000 418.50p 21,116 420.32p 3,884
d.	Aggregated information Aggregated volume Price	125,000 418.56p
e.	Date of the transaction	02   / 03   / 2018
f.	Place of the transaction	London Stock Exchange (XLON); AIM

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Susan Brown
2.	Reason for the notification
a.	Position/status	Person Closely Associated with PDMR (Nick Brown)
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	GB Group plc
b.	LEI	213800RBAFZIBCV7XR29
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 GB0006870611
b.	Nature of the transaction	Disposal of Shares
c.	Price(s) and volume(s)	Price(s)  Volume(s) 407.50p 13,560
d.	Aggregated information Aggregated volume Price	13,560 407.50p
e.	Date of the transaction	05  /  03  / 2018
f.	Place of the transaction	London Stock Exchange (XLON); AIM

- Ends-

For further information, please contact:

GB Group plc	01244 657333
John Constantin, Company Secretary
Peel Hunt LLP (Nominated Adviser and Broker)	020 7418 8900
Edward Knight
Nick Prowting
Website	www.gbgplc.co.uk

 

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