GYG PLC Directors' Dealings (6548U)
July 13 2018 - 11:02AM
UK Regulatory
TIDMGYG
RNS Number : 6548U
GYG PLC
13 July 2018
GYG PLC
NOTIFICATION OF TRANSACTIONS BY DIRECTORS/PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES ("PDMRs")
Directors' Dealings
GYG plc (AIM: GYG), a market leading superyacht painting, supply
and maintenance company, announces the following dealings in the
Company's ordinary shares of GBP0.002 each in the Company
("Ordinary Shares") by Rupert Savage, Managing Director, and
Richard King, Non-Executive Director. The Company was notified on
13 July 2018.
-- Rupert Savage purchased 35,500 Ordinary Shares at a price of
GBP0.70 per share. As a result, Mr Savage holds 2,570,731 Ordinary
Shares, representing 5.51 per cent. of the issued ordinary share
capital of the Company.
-- Richard King purchased 35,000 Ordinary Shares at a price of
GBP0.705 per share. As a result, Mr King holds 130,000 Ordinary
Shares, representing 0.28 per cent. of the issued ordinary share
capital of the Company.
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide further
detail:
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Rupert Savage
------------------------------- --------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Managing Director
------------------------------- --------------------------------------
b) Initial notification/ Initial notification
Amendment
------------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name GYG plc
------------------------------- --------------------------------------
b) LEI 254900QDNKYRS233MM94
------------------------------- --------------------------------------
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 Ordinary Shares of GBP0.002 each
financial instrument,
type of instrument
Identification code ISIN GB00BZ4FM652
------------------------------- --------------------------------------
b) Nature of the transaction Share purchase
------------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.70 35,500
----------
------------------------------- --------------------------------------
d) Aggregated information Single transaction
- Aggregated volume
- Price
------------------------------- --------------------------------------
e) Date of the transaction 13 July 2018
------------------------------- --------------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Richard King
------------------------------- --------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Non-Executive Director
------------------------------- --------------------------------------
b) Initial notification/ Initial notification
Amendment
------------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name GYG plc
------------------------------- --------------------------------------
b) LEI 254900QDNKYRS233MM94
------------------------------- --------------------------------------
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 Ordinary Shares of GBP0.002 each
financial instrument,
type of instrument
Identification code ISIN GB00BZ4FM652
------------------------------- --------------------------------------
b) Nature of the transaction Share purchase
------------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.705 35,000
----------
------------------------------- --------------------------------------
d) Aggregated information Single transaction
- Aggregated volume
- Price
------------------------------- --------------------------------------
e) Date of the transaction 13 July 2018
------------------------------- --------------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------- --------------------------------------
Enquiries:
GYG plc via FTI Consulting
Remy Millott, Chief Executive Tel: +44 (0) 20 3727
Officer 1000
Gloria Fernandez, Chief Financial
Officer
Zeus Capital Limited (NOMAD Tel: +44 (0) 20 3829
& Broker) 5000
John Goold (Corporate Broking)
Giles Balleny, Dan Bate (Corporate
Finance)
FTI Consulting (Financial PR) Tel: +44 (0) 20 3727
Alex Beagley 1000
Fiona Walker
Laura Saraby
Notes to Editors:
GYG is the market leading superyacht painting, supply and
maintenance company, offering services globally through operations
in the Mediterranean, Northern Europe and the United States. The
Company's brands include Pinmar, Rolling Stock, Pinmar Supply,
Pinmar USA, Techno Craft and ACA Marine. GYG's operations can be
divided into three key sales channels:
-- Refit: repainting and finishing of superyachts, normally as
part of a refit programme. Revenues also include scaffolding and
containment work;
-- New Build: fairing and painting of new vessels as part of the build process; and
-- Supply: selling and delivery of maintenance materials,
consumables, spare parts and equipment primarily to trade
customers.
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
RDNBLGDRBGBBGIX
(END) Dow Jones Newswires
July 13, 2018 12:02 ET (16:02 GMT)
Gyg (LSE:GYG)
Historical Stock Chart
From Apr 2024 to May 2024
Gyg (LSE:GYG)
Historical Stock Chart
From May 2023 to May 2024