GUSBOURNE PLC

Share Issue/Capital Change • Jul 20, 2017

National Storage Mechanism | Additional information

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RNS Number : 5587L

Gusbourne PLC

20 July 2017

20 July 2017

Gusbourne Plc

("Gusbourne" or the "Company")

Directors' Share Awards and Issue of Equity 

The Company announces the issue and allotment of 42,000 new ordinary shares of 1p each in the Company to Charlie Holland, Chief Executive Officer, and 42,000 new ordinary shares of 1p each to Jon Pollard, Chief Operating Officer, in order to satisfy share awards due. The shares awarded are subject to a 12-month lock-in period.

Further to the recommendation of its remuneration committee, the share awards have been granted in recognition of Mr Holland's and Mr Pollard's performances over several consecutive years which have seen the Company continue to achieve increasing production and sales of its award-winning wines.

Following these share awards, Mr Holland and Mr Pollard hold a total of 42,000 and 42,186 ordinary shares each in the Company respectively, representing approximately 0.12 per cent. and 0.12 per cent. of the Company's enlarged issued share capital respectively. They hold no options in the Company.

An application has been made for 84,000 new ordinary shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur on 25 July 2017. 

Further information is provided below in accordance with the requirements of the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Charlie Holland

2

Reason for the notification

a)

Position/status

Chief Executive

b)

Initial notification /Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Gusbourne 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 of the financial instrument, type of instrument

Identification code

Ordinary shares of 1p each

ISIN: GB00B8TS4M09

b)

Nature of the transaction

Award of ordinary shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1p per share	42,000

d)

Aggregated information

- Aggregated volume

- Price

N/A single transaction

e)

Date of the transaction

19 July 2017

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jon Pollard

2

Reason for the notification

a)

Position/status

Chief Operating Officer

b)

Initial notification /Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Gusbourne 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 of the financial instrument, type of instrument

Identification code

Ordinary shares of 1p each

ISIN: GB00B8TS4M09

b)

Nature of the transaction

Award of ordinary shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1p per share	42,000

d)

Aggregated information

- Aggregated volume

- Price

N/A single transaction

e)

Date of the transaction

19 July 2017

f)

Place of the transaction

London Stock Exchange

For further information contact:

Gusbourne Plc

Andrew Weeber                                                           +44 (0)1233 758 666                         

Cenkos Securities plc

Nicholas Wells / Callum Davidson                                 +44 (0)20 7397 8920

Note: This announcement and other press releases are available to view at the Company's website: www.gusbourneplc.com

Note to Editors

Gusbourne PLC ("the Company") is engaged, through its wholly owned subsidiary Gusbourne Estate Limited (together the "Group"), in the production and distribution of a range of high quality and award winning English sparkling wines from grapes grown in its own vineyards in Kent and West Sussex. The majority of the Group's mature vineyards are located at its freehold estate at Appledore in Kent where the winery is also based. The Group has a total of 231 acres of vineyards.

This information is provided by RNS

The company news service from the London Stock Exchange

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