TIDMTRD

RNS Number : 8637O

Triad Group Plc

01 February 2019

Legal Entity Identifier (LEI) No. 213800MDNBFVEQEN1G84

Triad Group Plc

("Triad" or "the Company")

Director/PDMR Shareholding

Triad Group Plc, the UK-based IT systems, consulting and resourcing company, was notified on 31 January 2019 that Adrian Leer, Managing Director, has exercised 150,000 options over Ordinary shares of 1p each ("Ordinary Shares"), granted pursuant to the Company's 2008 Share Option Scheme. 50,000 options have been exercised at an exercise price of 13.5 pence per Ordinary share, and 100,000 options at an exercise price of 11 pence per Ordinary Share.

Mr Leer currently has no intention of selling these shares.

These 150,000 Ordinary Shares will be admitted to trading pursuant to an existing block listing granted to the Company by London Stock Exchange plc and will rank pari passu with existing Ordinary Shares.

Following the issue of these Ordinary Shares, the total number of voting rights in Triad is 15,968,979, which number should be used by shareholders and other parties subject to disclosure obligations as the denominator for the calculations by which they determine if they are required to notify their interest in or a change to their interest in the share capital of Triad under the FCA's Disclosure and Transparency rules.

Contacts:

Triad Group Plc

Nick Burrows - Finance Director

01908 278 450

Arden Partners

Tom Price

Benjamin Cryer

020 7614 5932

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                              Adrian Leer 
     --------------------------------  --------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                   Director 
     --------------------------------  --------------------------------- 
 b)   Initial notification              Initial notification 
       /Amendment 
     --------------------------------  --------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                              Triad Group plc 
     --------------------------------  --------------------------------- 
 b)   LEI                               213800MDNBFVEQEN1G84 
     --------------------------------  --------------------------------- 
 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 1p each 
       financial instrument, 
       type of instrument 
 
       Identification code               ISIN : GB0009035741 
     --------------------------------  --------------------------------- 
 b)   Nature of the transaction         Exercise of Options 
     --------------------------------  --------------------------------- 
 c)   Price(s) and volume(s)              Price(s)    Volume(s) 
                                           GBP0.135    50,000 
                                                      ---------- 
                                           GBP0.11     100,000 
                                                      ---------- 
     --------------------------------  --------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume                150,000 
 
 
       - Price                            GBP0.118 
     --------------------------------  --------------------------------- 
 e)   Date of the transaction           31 January 2019 
     --------------------------------  --------------------------------- 
 f)   Place of the transaction          Outside of a trading venue 
     --------------------------------  ---------------------------------

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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February 01, 2019 08:17 ET (13:17 GMT)

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