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GB Group PLC (GBG)

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Wednesday 29 November, 2017

GB Group PLC

Notification of Director's Interests

RNS Number : 9071X
GB Group PLC
29 November 2017
 

 

 

 

29 November 2017

 

GB GROUP PLC

("GBG" or the "Company")

 

Notification of Director's Interests

 

 

The Company announces that on 28 November 2017 Dave Wilson, CFO & COO of GBG, exercised options over a total of 100,000 ordinary shares of 25p each in the Company ("Ordinary Shares"), awarded in 2010 under GBG's Executive Share Option Scheme, at an exercise price of 25.75p. He then sold all 100,000 of the resulting Ordinary Shares at a price of 425 pence per share on the same day.

 

Following this notification, Mr. Wilson has options over a maximum of 664,428 Ordinary Shares and continues to have a beneficial holding of 239,725 Ordinary Shares (which represents 0.16% of the issued share capital of the Company).

 

1.         

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Dave Wilson

2.         

Reason for the notification

a.         

Position/status

CFO & COO

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

Acquisition of shares following the exercise of options awarded in 2010 under GBG's Executive Share Option Scheme.

c.         

Price(s) and volume(s)

 Price(s)

 

Volume(s)

25.75p

100,000

 

d.         

Aggregated information

· Aggregated volume

· Price

 

 


100,000

25.75p

e.         

Date of the transaction

2017-11-28

f.         

Place of the transaction

London Stock Exchange (XLON); AIM

5.         

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

Sale of Shares following exercise of options.

c.         

Price(s) and volume(s)

 Price(s)

 

Volume(s)

425p

100,000

 

d.         

Aggregated information

· Aggregated volume

· Price

 

 

 

100,000

425p

e.         

Date of the transaction

2017-11-28

f.         

Place of the transaction

London Stock Exchange (XLON); AIM

 

- Ends-

For further information, please contact:

GB Group plc

John Constantin, Company Secretary

 

01244 657333

Peel Hunt LLP (Nominated Adviser and Broker)

Edward Knight

Nick Prowting

 

020 7418 8900

Website

www.gbgplc.com

 


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