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GB GROUP PLC Director's Dealing 2019

Jun 21, 2019

7662_dirs_2019-06-21_354b6ba5-0e5f-4693-b981-65b87d2fda73.html

Director's Dealing

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RNS Number : 0948D

GB Group PLC

21 June 2019

21 June 2019

GB GROUP PLC

("GBG" or the "Company")

Notification of Directors' Interests

The Company announces that Dave Wilson, CFO & COO, has today notified the Company that he purchased 33,185 ordinary shares of 2.5p each ("Ordinary Shares") at a price of 540.0 pence per share on 18  June 2019.  

Mr Wilson also notified the company today that he has exercised options over a total of 211,164 Ordinary Shares awarded in July 2010 under GBG's Executive Share Option Scheme on 18 and 20 June 2019. The exercise price of the options was 25.75 pence per Ordinary Share. On 18 June 2019 he sold 149,025 of the resultant Ordinary Shares at an average price of 540.0 pence per share and on 20 June 2019 he sold the remaining 62,139 Ordinary Shares at an average price of 534.5 pence per share.

Following this notification, Mr Wilson has a beneficial holding of 387,522 Ordinary Shares (which represents 0.20% of the issued share capital of the Company) and continues to have options over a maximum of 528,528 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

c.         

Price(s) and volume(s)

Price(s) Volume(s)
540.0p 33,185

d.       

Aggregated information

Aggregated volume

Price

33,185

540.0p

e.     

Date of the transaction

18 June 2019

f.      

Place of the transaction

London Stock Exchange (XLON); AIM

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 July 2010 under GBG's Executive Share Option Scheme.

c.         

Price(s) and volume(s)

Price(s) Volume(s)
25.75p 149,025

d.       

Aggregated information

Aggregated volume

Price

149,025

25.75p

e.     

Date of the transaction

18 June 2019

f.      

Place of the transaction

London Stock Exchange (XLON); AIM

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 July 2010 under GBG's Executive Share Option Scheme.

c.         

Price(s) and volume(s)

Price(s) Volume(s)
540.0p 33,185
540.0p 111,500
540.0p 4,340

d.       

Aggregated information

Aggregated volume

Price

149,025

540.0p

e.     

Date of the transaction

18 June 2019

f.      

Place of the transaction

London Stock Exchange (XLON); AIM

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 July 2010 under GBG's Executive Share Option Scheme.

c.         

Price(s) and volume(s)

Price(s) Volume(s)
25.75p 62,139

d.       

Aggregated information

Aggregated volume

Price

62,139

25.75p

e.     

Date of the transaction

20 June 2019

f.      

Place of the transaction

London Stock Exchange (XLON); AIM

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 July 2010 under GBG's Executive Share Option Scheme.

c.         

Price(s) and volume(s)

Price(s) Volume(s)
540.0p 13,000
532.5p 26,695
533.6p 19,936
533.6p 2,508

d.       

Aggregated information

Aggregated volume

Price

62,139

534.5p

e.     

Date of the transaction

20 June 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 www.gbgplc.com

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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