Notification of Directors' Interests

RNS Number : 4556G

GB Group PLC

05 August 2016

 

5th August 2016

GB GROUP PLC

("GBG" or the "Company")

Notification of Directors' Interests

Notification of a transaction by a person discharging managerial responsibilities ("PDMR") in ordinary shares of 2.5p each in the Company.

The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.  

GBG announces that it was notified on 4 August 2016 that David Rasche, Non-executive Chairman of the Company, transferred 19,544 shares to members of his family.  Following this notification, Mr Rasche has a beneficial holding of 799,278 ordinary shares in the Company which represents 0.6% of the issued share capital.

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	David Anthony Rasche
2.	Reason for the notification
a.	Position/status	Chairman
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	N/A
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	Transfer of shares to father, brother and son.
c.	Price(s) and volume(s)	Price(s) Volume(s) n/a 19,544
d.	Aggregated information · Aggregated volume · Price	19,544 shares n/a
e.	Date of the transaction	2016-08-04; 05:34 UTC
f.	Place of the transaction	Outside a trading venue

- Ends-

For further information, please contact:

GB Group plc John Constantin, Company Secretary	01244 657333
Peel Hunt LLP (Nominated Adviser and Broker) Richard Kauffer Euan Brown	020 7418 8900
Website	www.gbgplc.com

 

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