GBG Gb Group Plc

TIDMGBG

RNS Number : 3016I

GB Group PLC

31 March 2020

 
   31 March 2020 
 

GB GROUP PLC

("GBG" or the "Company")

Notification of Directors' Interests

The Company announces that David Rasche, Non-Executive Chairman, today notified the Company that he has transferred 45,000 Ordinary Shares of 2.5p each ("Ordinary Shares") to a family member on 31 March 2020.

Following this notification, Mr Rasche has a beneficial holding of 699,333 Ordinary Shares (which represents 0.36% of the issued share capital of the Company).

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                              David Rasche 
     --------------------------------  ----------------------------------------- 
 2.   Reason for the notification 
     --------------------------------------------------------------------------- 
 a.   Position/status                   Non-Executive 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                               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         Transfer of shares to family members for 
                                         nil consideration 
     --------------------------------  ----------------------------------------- 
 c.   Price(s) and volume(s)              Price(s)    Volume(s) 
                                           Nil         45,000 
     --------------------------------  ----------------------------------------- 
 d.        Aggregated information 
            Aggregated volume             45,000 
            Price                         Nil 
     --------------------------------  ----------------------------------------- 
 e.   Date of the transaction           31 March 2020 
     --------------------------------  ----------------------------------------- 
 f.   Place of the transaction          Outside of a trading venue 
     --------------------------------  ----------------------------------------- 
 

- Ends-

Fo r 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

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