TIDMGAN

RNS Number : 0478E

GAN PLC

03 May 2017

NOTIFICATION OF TRANSACTION OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ---------------------------------------------------------------------- 
 a)   Name                         Roger Kendrick(1) 
---  ---------------------------  ----------------------------------------- 
 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                         GAN plc 
---  ---------------------------  ----------------------------------------- 
 b)   LEI                          2138001N8LI2LJNN6X75 
---  ---------------------------  ----------------------------------------- 
 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                  9% Convertible Unsecured Loan 
       of the financial             Notes 2022 
       instrument, 
       type of instrument           n/a 
       Identification 
       code 
---  ---------------------------  ----------------------------------------- 
 b)   Nature of                    Subscription for GBP1.00 denominated 
       the transaction              convertible loan notes, with interest 
                                    rate of 9% p.a., on pre-emptive 
                                    basis under open offer 
                                    Convertible into Ordinary Shares 
                                    at conversion price of 45.5p pursuant 
                                    to certain terms and conditions. 
---  ---------------------------  ----------------------------------------- 
 c)   Price(s) and                      Price(s)             Volume(s) 
       volume(s) 
                                         GBP1.00               94,822 
---  ---------------------------  -------------------  -------------------- 
 d)   Aggregated 
       information                   n/a 
       - Aggregated 
       volume 
       - Price 
---  ---------------------------  ----------------------------------------- 
 e)   Date of the                  28 April 2017 
       transaction 
---  ---------------------------  ----------------------------------------- 
 f)   Place of the                 n/a 
       transaction 
---  ---------------------------  ----------------------------------------- 
 

1. Including Britania Limited, a company controlled by Roger Kendrick and in which he is beneficially interested in 80 per cent. of Britania Limited's holding of Ordinary Shares in the Company)

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ---------------------------------------------------------------------- 
 a)   Name                         Michael Smurfit Jr. 
---  ---------------------------  ----------------------------------------- 
 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                         GAN plc 
---  ---------------------------  ----------------------------------------- 
 b)   LEI                          2138001N8LI2LJNN6X75 
---  ---------------------------  ----------------------------------------- 
 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                  9% Convertible Unsecured Loan 
       of the financial             Notes 2022 
       instrument, 
       type of instrument           n/a 
       Identification 
       code 
---  ---------------------------  ----------------------------------------- 
 b)   Nature of                    Subscription for GBP1.00 denominated 
       the transaction              convertible loan notes, with interest 
                                    rate of 9% p.a., on pre-emptive 
                                    basis under open offer 
                                    Convertible into Ordinary Shares 
                                    at conversion price of 45.5p pursuant 
                                    to certain terms and conditions. 
---  ---------------------------  ----------------------------------------- 
 c)   Price(s) and                      Price(s)             Volume(s) 
       volume(s) 
                                         GBP1.00               3,988 
---  ---------------------------  -------------------  -------------------- 
 d)   Aggregated 
       information                   n/a 
       - Aggregated 
       volume 
       - Price 
---  ---------------------------  ----------------------------------------- 
 e)   Date of the                  28 April 2017 
       transaction 
---  ---------------------------  ----------------------------------------- 
 f)   Place of the                 n/a 
       transaction 
---  ---------------------------  ----------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 03, 2017 06:03 ET (10:03 GMT)

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