Director Share Purchase

RNS Number : 5992N

GSTechnologies Ltd

01 February 2021

 

1 February 2021

GSTechnologies Limited

("GST" or the "Company")

Director Share Purchase

GSTechnologies Limited (LSE: GST), the integrated information and communication technology infrastructure solutions provider, announces that Malcolm Groat, a Non-executive Director of the Company, has notified the Company that he has today purchased 1,000,000 ordinary shares of no par value in the Company ("Ordinary Shares"), at a price of 0.5749 pence per Ordinary Share.

Following this transaction, further detailed in the disclosure table below, Mr Groat's interest in the share capital of the Company is now 1,000,000 Ordinary Shares, representing approximately 0.08 per cent. of the Company's issued share capital.

Enquiries:

The Company
Tone Goh, Executive Chairman	Singapore	[phone]
Financial PR & Investor Relations IFC Advisory Limited
Tim Metcalfe / Graham Herring / Florence Chandler	London	[phone]

About GST

GST provides optimal wireless, electronic cabling, security, and other solutions to clients operating in the infrastructure development space. GST builds on the profitable ICT business of its Singaporean subsidiary EMS Wiring Systems, which has been supplying governments and large private organisations with intelligent building solutions for the last 30 years. GST's strategy is to develop solutions to meet the needs of the ICT industry, acting on the surging opportunities in the technology and innovation sectors - data centres, intelligent buildings, smart cities and the Internet of Things - particularly targeting emerging markets where the demand for ICT infrastructure is increasing rapidly.

For more information please see: https://gstechnologies.co.uk/

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them. 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Malcolm Groat
2	Reason for the notification
a)	Position/status	Non-executive Director
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	GSTechnologies Limited
b)	LEI	213800NWJ4UQG2R3X823
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 no par value VGG3961R1047
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.5749 pence  1,000,000
d)	Aggregated information - Aggregated volume - Price	1,000,000 £5,794.00
e)	Date of the transaction	1 February 2021
f)	Place of the transaction	London Stock Exchange

 

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