GOOD ENERGY GROUP PLC — Director's Dealing 2018

Jun 5, 2018

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RNS Number : 3785Q

Good Energy Group PLC

05 June 2018

5 June 2018

Good Energy Group PLC

("Good Energy" the "Company" or the "Group")

NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

In accordance with Article 19(3) of the EU Market Abuse Regulation No 596/2014, Good Energy has received notification from Juliet Davenport (CEO), being a person discharging managerial responsibilities, of the exercise of share options set out in the notification of dealing form below ("Exercise").

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Juliet Davenport

2

Reason for the notification

a)

Position/status

CEO

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

Good Energy Group PLC

b)

LEI

549300RDCDCDNGLJB833

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, 5p

GOOD

b)

Nature of the transaction

Exercise of share options

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	38,369
75p	20,000

d)

Aggregated information

- Aggregated volume

- Price

58,369

£15,000

e)

Date of the transaction

5 June 2018

f)

Place of the transaction

London Stock Exchange

A further 41,981 nil cost options were surrendered and cancelled to settle tax liability arising on the Exercise, as reflected in the table below. Shares to fulfil the Exercise will be transferred by the Group's Employee Benefit Trust.

Date option granted	Option Price	Options outstanding after Exercise	Options outstanding after Exercise
01/06/2004	£0.75	35,000	15,000
13/02/2012	£1.15	86,956	86,956
13/02/2012	£1.15	17,390	17,390
18/09/2012	£0.50	189,052	189,052
13/07/2013	£1.25	144,000	144,000
07/07/2015	£0	80,350	0
22/04/2016	£0.05	88,496	88,496
10/05/2017	£0.05	42,363	42,363
Total		683,607	583,257

Following the Exercise, Juliet Davenport's interest in the issued share capital of the Company will comprise 627,455 Ordinary Shares, of which 583,179 will be held in her own name.

[ends]

Enquiries:

Good Energy Group PLC

Juliet Davenport, Chief Executive                                                             Tel: +44 (0) 7718 671 003

Charles Parry, Investor Relations

Stephen Rosser, Company Secretary

Investec Bank plc (Nominated advisor)

Jeremy Ellis                                                                                          Tel: +44 (0) 20 7597 5970

Sara Hale

Alexander Ruffman

Smithfield (Financial PR)

Alex Simmons                                                                                       Tel: +44 (0) 20 3047 2543

Brett Jacobs

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