GB GROUP PLC — Director's Dealing 2017

Jun 8, 2017

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RNS Number : 5976H

GB Group PLC

08 June 2017

	08 June 2017

GB GROUP PLC

("GBG" or the "Company")

Notification of Directors' Interests

Dave Wilson

The Company announces that Dave Wilson, Group Finance & Operations Director, has today notified the Company that he purchased 30,000 shares in the Company at an average price of 410.875 pence per share on 6 June 2017.

Mr Wilson, has also exercised options over a total of 150,434 Ordinary Shares awarded in 2009 under GBG's Executive Share Option Scheme on 6 June 2017. He sold all 150,434 of the Ordinary Shares exercised at an average price of 386.73 pence per share on the same day. The exercise price of the options ranged between 19.75p and 23p per share and were issued to Mr Wilson in June and December 2009. 

The Company also announces that Dave Wilson's wife, Cath Wilson, sold 35,867 Ordinary Shares at an average price of 382.37 pence per share on 6 June 2017.

Following this notification, Mr. Wilson has a beneficial holding of 239,725 Ordinary Shares (which represents 0.16% of the issued share capital of the Company) and continues to have options over a maximum of 764,428 Ordinary Shares.

Richard Linford

The Company also announces that Richard Linford, Non-Executive Director of the Company sold 20,000 Ordinary Shares at a price of 384.25 pence per share on 6 June 2017. Following this notification, Mr. Linford has a beneficial holding of 280,000 Ordinary Shares in the Company which represents 0.18% of the issued share capital.

The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

1.         

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Dave Wilson

2.         

Reason for the notification

a.         

Position/status

Group Finance & Operations Director

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

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 2.5 pence

GB0006870611

b.         

Nature of the transaction

Acquisition of shares following the exercise of options awarded in 2009 under GBG's Executive Share Option Scheme.

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	150,434

d.         

Aggregated information

· Aggregated volume

· Price

150,434

N/A

e.         

Date of the transaction

2017-06-06

f.         

Place of the transaction

London Stock Exchange

5.         

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 exercise of options.

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
386.73p	150,434

d.         

Aggregated information

· Aggregated volume

· Price

150,434

386.73p

e.         

Date of the transaction

2017-06-06

f.         

Place of the transaction

London Stock Exchange

6.         

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

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
410.875p	30,000

d.         

Aggregated information

· Aggregated volume

· Price

30,000

410.875p

e.         

Date of the transaction

2017-06-06

f.         

Place of the transaction

London Stock Exchange

1.         

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Cath Wilson

2.         

Reason for the notification

a.         

Position/status

PCA of PDMR (Dave Wilson)

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

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 2.5 pence

GB0006870611

b.         

Nature of the transaction

Sale of shares

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
382.37p	35,867

d.         

Aggregated information

· Aggregated volume

· Price

35,867

382.37p

e.         

Date of the transaction

2017-06-06

f.         

Place of the transaction

London Stock Exchange

1.         

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Richard Linford

2.         

Reason for the notification

a.         

Position/status

Non-Executive Director

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

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 2.5 pence

GB0006870611

b.         

Nature of the transaction

Sale of shares

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
384.25p	20,000

d.         

Aggregated information

· Aggregated volume

· Price

20,000

384.25p

e.         

Date of the transaction

2017-06-06

f.         

Place of the transaction

London Stock 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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