Notification of Directors' Interests
Updated : 11:45
08 July 2019 |
GB GROUP PLC
("GBG" or the "Company")
Notification of Directors' Interests
The Company announces that Dave Wilson, CFO & COO, on 5 July 2019 notified the Company that he has exercised options over a total of 159,177 Ordinary Shares awarded in May & November 2014 under GBG's Share Match Scheme. The exercise price of the options was 2.5 pence per Ordinary Share. He sold 96,000 of the resultant Ordinary Shares at an average price of 554.2 pence per share on 5 July 2019.
Following this notification, Mr Wilson has a beneficial holding of 450,699 Ordinary Shares (which represents 0.23% of the issued share capital of the Company) and continues to have options over a maximum of 369,351 Ordinary Shares.
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a. | Name | David Wilson |
2. | Reason for the notification | |
a. | Position/status | CFO & COO |
b. | Initial notification /Amendment | Initial notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a. | Name | GB Group plc |
b. | LEI | 213800RBAFZIBCV7XR29 |
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 financial instrument, type of instrument Identification code | Ordinary shares of 2.5 pence GB0006870611 | ||||||
b. | Nature of the transaction | Acquisition of shares following the exercise of options awarded in May & November 2014 under GBG's Share Match Scheme. | ||||||
c. | Price(s) and volume(s) |
| ||||||
d. | Aggregated information Aggregated volume Price |
159,177 2.5p | ||||||
e. | Date of the transaction | 5 July 2019 | ||||||
f. | Place of the transaction | Outside of a trading venue |
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 financial instrument, type of instrument Identification code | Ordinary shares of 2.5 pence GB0006870611 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
b. | Nature of the transaction | Sale of shares following the exercise of options awarded in May & November 2014 under GBG's Share Match Scheme. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
c. | Price(s) and volume(s) |
| ||||||||||||||||||||||||||||||||||||||||||||||||||||
d. | Aggregated information Aggregated volume Price |
96,000 554.2p | ||||||||||||||||||||||||||||||||||||||||||||||||||||
e. | Date of the transaction | 5 July 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
f. | Place of the transaction | London Stock Exchange (XLON); AIM |
- Ends-
For further information, please contact:
GB Group plc John Constantin, Company Secretary
| 01244 657333 |
Peel Hunt LLP (Nominated Adviser and Broker) Edward Knight Peter Stewart Nick Prowting
| 020 7418 8900 |
Website |
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