GB Group PLC Notification of Director's Interests (4751J)

TIDMGBG

RNS Number : 4751J

GB Group PLC

09 September 2016

 
   9 September 2016 
 

GB GROUP PLC

("GBG" or the "Company")

Notification of Director's Interests

GBG announces that Richard Law, Chief Executive Officer of the Company, has today notified the Company that he has exercised an option over 3,984 shares granted under the Company's Save-as-You-Earn scheme on 23 July 2013 at an exercise price of 76.80p per share. Following this notification, Mr. Law has a beneficial holding of 1,320,029 ordinary shares in the Company which represents 1.00% 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                             Richard Law 
----  -------------------------------  ------------------------------- 
 2.    Reason for the notification 
----  ---------------------------------------------------------------- 
 a.    Position/status                  Chief Executive Officer 
----  -------------------------------  ------------------------------- 
 b.    Initial                          Initial notification 
        notification 
        /Amendment 
----  -------------------------------  ------------------------------- 
 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                      Ordinary shares of 2.5 pence 
        of the financial 
        instrument,                      GB0006870611 
        type of 
        instrument 
        Identification 
        code 
----  -------------------------------  ------------------------------- 
 b.    Nature of                         Exercise of share options 
        the transaction 
----  -------------------------------  ------------------------------- 
 c.    Price(s)                           Price(s)    Volume(s) 
        and volume(s)                     ----------  ---------- 
                                           76.80 
                                            pence        3,984 
                                          ----------  ---------- 
----  -------------------------------  ------------------------------- 
            Aggregated 
 d.          information 
         *    Aggregated volume 
                                                    3,984 
                                                     76.80p 
         *    Price 
 ------------------------------------  ------------------------------- 
 e.    Date of                          2016-09-08; 13:00 UTC 
        the transaction 
----  -------------------------------  ------------------------------- 
 f.    Place of                         AIM Market of the London Stock 
        the transaction                  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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September 09, 2016 11:10 ET (15:10 GMT)