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GENTRACK GROUP LIMITED — Director's Dealing 2017
Aug 8, 2017
65024_rns_2017-08-08_128063a7-236c-40dd-ae0e-8ebe9f579486.pdf
Director's Dealing
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9 August 2017
Purchase of Shares by Subsidiary Director
Gentrack Group Limited (NZX/ASX: GTK) advises that John de Giorgio (Managing Director of its subsidiary, CA Plus Limited (CA+)) purchased 382,671 ordinary shares in Gentrack Group Limited in an off-market transaction on 7[th] August 2017 at NZ$5.00 per share for a total consideration of NZ$1,913,355.
John de Giorgio is not classed as a Director or Senior Manager of Gentrack Group Limited and therefore is not required to provide ongoing disclosure notices in accordance with Sections 297(2) and 298(2) of the Financial Markets Conduct Act 2013. Gentrack Group Limited is disclosing this transaction as a matter of good practice given the number of shares acquired and Mr de Giorgio’s senior role at a subsidiary company.
ENDS
Contact
Jon Kershaw - Company Secretary +64 9 966 6090
About Gentrack
Gentrack is a developer of specialist software for energy utilities, water companies and airports around the world. It employs over 350 people in offices in New Zealand, Australia, the UK and Europe and services over 150 customer sites in 20 countries. Gentrack’s innovative software products include Gentrack Velocity, Junifer CIS, Airport 20/20, BlipTrack and CA+.
Velocity and Junifer CIS are innovative billing and customer management solutions providing a full range of functionality from SaaS billing and customer management for new entrant energy and water suppliers, to cloud hosted and on-premise solutions for the largest utilities in competitive and regulated markets. Gentrack’s intelligent software solutions for airports, Airport 20/20, BlipTrack and CA+, provide a comprehensive solution suite engineered to optimise airport operations through intelligent collaboration, streamlining airport data flows and transforming the passenger experience.
Gentrack Group Ltd | www.gentrack.com | [email protected] | ARBN 169 195 751