GB Group PLC Director/PDMR Shareholding (4468F)
July 27 2016 - 12:50PM
UK Regulatory
TIDMGBG
RNS Number : 4468F
GB Group PLC
27 July 2016
27 July 2016
GB GROUP PLC
("GBG" or the "Company")
Notification of Directors' Interests
The Company announces that Richard Law (GBG's retiring Chief
Executive Officer) and his wife, Ceris Law, have today notified the
Company that between 26 and 27 July 2016 they sold 750,000 ordinary
shares of 2.5p each in the Company ("Ordinary Shares") at a price
of 293p per share. Mr. Law has indicated that it is not his
intention to sell further shares in the near future.
Following this notification, Mr. Law remains the Groups largest
non-institutional holder and has:
-- a beneficial holding of 1,316,045 Ordinary Shares (which
represents 0.99% of the issued share capital of the Company);
and
-- options over a maximum of 900,978 Ordinary Shares.
1. Details of the person discharging managerial
responsibilities / person closely associated
---- ----------------------------------------------------------------
a. Name Richard Law
---- ------------------------------- -------------------------------
2. Reason for the notification
---- ----------------------------------------------------------------
a. Position/status Chief Executive Officer
---- ------------------------------- -------------------------------
b. Initial Initial notification
notification
/Amendment
---- ------------------------------- -------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- ----------------------------------------------------------------
a. Name GB Group plc
---- ------------------------------- -------------------------------
b. LEI N/A
---- ------------------------------- -------------------------------
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 Ordinary shares of 2.5 pence
of the financial
instrument, GB0006870611
type of
instrument
Identification
code
---- ------------------------------- -------------------------------
b. Nature of Sale of shares
the transaction
---- ------------------------------- -------------------------------
c. Price(s) Price(s) Volume(s)
and volume(s) ----------- ----------
293 pence 750,000
----------- ----------
---- ------------------------------- -------------------------------
Aggregated
d. information
* Aggregated volume
750,000
293p
* Price
------------------------------------ -------------------------------
e. Date of 26-27 July 2016
the transaction
---- ------------------------------- -------------------------------
f. Place of AIM Market of the London Stock
the transaction Exchange
---- ------------------------------- -------------------------------
- Ends-
For further information, please contact:
GB Group plc
John Constantin, Company Secretary 01244 657333
Peel Hunt LLP (Nominated Adviser
and Broker)
Richard Kauffer
Euan Brown 020 7418 8900
Website www.gbgplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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