GOOD Good Energy Group Plc

TIDMGOOD

RNS Number : 3785Q

Good Energy Group PLC

05 June 2018

5 June 2018

Good Energy Group PLC

("Good Energy" the "Company" or the "Group")

NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

In accordance with Article 19(3) of the EU Market Abuse Regulation No 596/2014, Good Energy has received notification from Juliet Davenport (CEO), being a person discharging managerial responsibilities, of the exercise of share options set out in the notification of dealing form below ("Exercise").

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------- 
 a)   Name                      Juliet Davenport 
---  ------------------------  -------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------- 
 a)   Position/status           CEO 
---  ------------------------  -------------------------- 
 b)   Initial notification      Initial Notification 
       /Amendment 
---  ------------------------  -------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------- 
 a)   Name                      Good Energy Group PLC 
---  ------------------------  -------------------------- 
 b)   LEI                       549300RDCDCDNGLJB833 
---  ------------------------  -------------------------- 
 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            Ordinary Shares, 5p 
       the financial 
       instrument, type 
       of instrument 
                                 GOOD 
       Identification 
       code 
---  ------------------------  -------------------------- 
 b)   Nature of the             Exercise of share options 
       transaction 
---  ------------------------  -------------------------- 
 c)   Price(s) and                Price(s)   Volume(s) 
       volume(s)                  ---------  ---------- 
                                   Nil        38,369 
                                  ---------  ---------- 
                                   75p        20,000 
                                  ---------  ---------- 
---  ------------------------  -------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated               58,369 
       volume 
 
                                  GBP15,000 
       - Price 
---  ------------------------  -------------------------- 
 e)   Date of the transaction   5 June 2018 
---  ------------------------  -------------------------- 
 f)   Place of the              London Stock Exchange 
       transaction 
---  ------------------------  -------------------------- 
 

A further 41,981 nil cost options were surrendered and cancelled to settle tax liability arising on the Exercise, as reflected in the table below. Shares to fulfil the Exercise will be transferred by the Group's Employee Benefit Trust.

 
 Date option    Option Price    Options outstanding   Options outstanding 
    granted                        after Exercise        after Exercise 
-------------  --------------  --------------------  -------------------- 
  01/06/2004       GBP0.75            35,000                15,000 
-------------  --------------  --------------------  -------------------- 
  13/02/2012       GBP1.15            86,956                86,956 
-------------  --------------  --------------------  -------------------- 
  13/02/2012       GBP1.15            17,390                17,390 
-------------  --------------  --------------------  -------------------- 
  18/09/2012       GBP0.50            189,052               189,052 
-------------  --------------  --------------------  -------------------- 
  13/07/2013       GBP1.25            144,000               144,000 
-------------  --------------  --------------------  -------------------- 
  07/07/2015        GBP0              80,350                   0 
-------------  --------------  --------------------  -------------------- 
  22/04/2016       GBP0.05            88,496                88,496 
-------------  --------------  --------------------  -------------------- 
  10/05/2017       GBP0.05            42,363                42,363 
-------------  --------------  --------------------  -------------------- 
                        Total         683,607               583,257 
-----------------------------  --------------------  -------------------- 
 

Following the Exercise, Juliet Davenport's interest in the issued share capital of the Company will comprise 627,455 Ordinary Shares, of which 583,179 will be held in her own name.

[ends]

Enquiries:

Good Energy Group PLC

Juliet Davenport, Chief Executive Tel: +44 (0) 7718 671 003

Charles Parry, Investor Relations

Stephen Rosser, Company Secretary

Investec Bank plc (Nominated advisor)

Jeremy Ellis Tel: +44 (0) 20 7597 5970

Sara Hale

Alexander Ruffman

Smithfield (Financial PR)

Alex Simmons Tel: +44 (0) 20 3047 2543

Brett Jacobs

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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