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Discoverie Group PLC Director's Dealing 2019

Apr 18, 2019

4726_dirs_2019-04-18_12ce38b1-c529-4c57-9370-34abe60feccc.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 6551W

discoverIE Group plc

18 April 2019

18 April 2019

discoverIE Group plc

Director/PDMR Shareholding

discoverIE Group plc (LSE : DSCV, "discoverIE" or the "Company"), a leading international designer, manufacturer and supplier of customised electronics was notified of the following transactions in ordinary shares of 5 pence each in the Company ("Ordinary Shares") by Directors of the Company. 

Certain Directors have been issued new Ordinary Shares pursuant to the placing announced on 16 April 2019 as set out below.  The new Ordinary Shares were issued to Directors on the same terms as other placees, at the placing price of 400 pence per share.

Name Ordinary shares acquired pursuant

to placing
Total holding

following admission on 18 April 2019
Percentage held

of enlarged issued share capital
Simon Gibbins 5,000 262,670 0.33
Malcolm Diamond 5,000 24,907 0.03
Bruce Thompson 8,000 16,000 0.02

For further information, please contact:

Instinctif                                                  0207 457 2020

Mark Garraway

James Gray

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Simon Gibbins

2

Reason for the notification

a)

Position / status

Group Finance Director

b)

Initial notification / amendment

Initial notification

3

Details of issuer

a)

Name

discoverIE Group plc

b)

LEI

213800BMDLQU1VEEAN68

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 in discoverIE Group plc

GB0000055888

b)

Nature of the transaction

Acquisition of shares pursuant to the placing of new Ordinary Shares

c)

Price(s) and volume(s)

Price Volume
400 pence per share 5,000

d)

Aggregated information

Price Volume Total
400 pence per share 5,000 £20,000.00

e)

Date of the transaction

16 April 2019

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Malcolm Diamond

2

Reason for the notification

a)

Position / status

Non-Executive Chairman

b)

Initial notification / amendment

Initial notification

3

Details of issuer

a)

Name

discoverIE Group plc

b)

LEI

213800BMDLQU1VEEAN68

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 in discoverIE Group plc

GB0000055888

b)

Nature of the transaction

Acquisition of shares pursuant to the placing of new Ordinary Shares

c)

Price(s) and volume(s)

Price Volume
400 pence per share 5,000

d)

Aggregated information

Price Volume Total
400 pence per share 5,000 £20,000

e)

Date of the transaction

16 April 2019

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Bruce Thompson

2

Reason for the notification

a)

Position / status

Non-executive Director

b)

Initial notification / amendment

Initial notification

3

Details of issuer

a)

Name

discoverIE Group plc

b)

LEI

213800BMDLQU1VEEAN68

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 in discoverIE Group plc

GB0000055888

b)

Nature of the transaction

Acquisition of shares pursuant to the placing of new Ordinary Shares

c)

Price(s) and volume(s)

Price Volume
400 pence per share 8,000

d)

Aggregated information

Price Volume Total
400 pence per share 8,000 £32,000.00

e)

Date of the transaction

16 April 2019

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

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 [email protected] or visit www.rns.com.

END

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