GB Group PLC Notification of Directors' Interests (1159N)
September 20 2019 - 4:19AM
UK Regulatory
TIDMGBG
RNS Number : 1159N
GB Group PLC
20 September 2019
20 September 2019
GB GROUP PLC
("GBG" or the "Company")
Notification of Directors' Interests
The Company announces that Nick Brown, Group Managing Director
has notified the Company that he purchased 32,521 ordinary shares
of 2.5p each ("Ordinary Shares") at a price of 556.0 pence per
share on 18 September 2019.
Mr Brown also notified the company that on 18 September 2019 he
exercised options over a total of 190,595 Ordinary Shares which
were awarded in July 2010 under GBG's Executive Share Option
Scheme. The exercise price of the options was 2.5 pence per
Ordinary Share. On 18 September 2019 Mr Brown sold a total of
138,000 of the resultant Ordinary Shares at an average price of
555.9 pence per share.
Following this notification, Mr Brown has a beneficial holding
of 1,077,312 Ordinary Shares (which represents 0.56% of the issued
share capital of the Company) and continues to have options over a
maximum of 363,281 Ordinary Shares.
The information below (set out in accordance with the
requirements of EU Market Abuse Regulation) provides further
detail:
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Nick Brown
------------------------------------ ------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
a. Position/status Group Managing 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 Ordinary shares of 2.5 pence
instrument, type of instrument GB0006870611
Identification code
------------------------------------ ------------------------------------
b. Nature of the transaction Acquisition of shares
------------------------------------ ------------------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
556.0 32,521
----------
------------------------------------ ------------------------------------
d. Aggregated information
Aggregated volume 32,521
Price 556.0p
----------------------------------------- ------------------------------------
e. Date of the transaction 18 September 2019
------------------------------------ ------------------------------------
f. Place of the transaction London Stock Exchange (XLON); AIM
------------------------------------ ------------------------------------
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 Ordinary shares of 2.5 pence
instrument, type of instrument GB0006870611
Identification code
--------------------------------- --------------------------------------------
b. Nature of the transaction Exercise of options awarded in July 2010
under GBG's Executive Share Option Scheme.
--------------------------------- --------------------------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
2.5p 190,595
----------
--------------------------------- --------------------------------------------
d. Aggregated information
Aggregated volume 190,595
Price 2.5p
-------------------------------------- --------------------------------------------
e. Date of the transaction 18 September 2019
--------------------------------- --------------------------------------------
f. Place of the transaction Outside of a trading venue
--------------------------------- --------------------------------------------
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 Ordinary shares of 2.5 pence
instrument, type of instrument GB0006870611
Identification code
------------------------------------ ------------------------------------
b. Nature of the transaction Sale of Ordinary Shares
------------------------------------ ------------------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
553.0p 24,000
----------
553.0p 1,073
----------
556.0p 2,705
----------
557.0p 10,000
----------
556.5p 2,577
----------
555.0p 12,500
----------
556.0p 3,500
----------
556.5p 10,000
----------
557.5p 2,550
----------
557.6p 7,922
----------
558.3p 2,130
----------
558.0p 5,290
----------
557.0p 17,860
----------
556.0p 32,521
----------
557.0p 2,622
----------
556.0p 228
----------
556.0p 500
----------
556.0p 22
----------
------------------------------------ ------------------------------------
d. Aggregated information
Aggregated volume 138,000
Price 555.9p
----------------------------------------- ------------------------------------
e. Date of the transaction 18 September 2019
------------------------------------ ------------------------------------
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
Edward Allsopp
Nick Prowting 020 7418 8900
Website www.gbgplc.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHEANNEAFSNEEF
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