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GB Group PLC (GBG)

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Tuesday 06 March, 2018

GB Group PLC

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

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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