GB Group PLC PDMR shareholding, Issue of Ordinary Shares & TVR (9914I)

TIDMGBG

RNS Number : 9914I

GB Group PLC

10 August 2023

 
   10 August 2023 
 

GB GROUP PLC

("GBG" or the "Company")

PDMR shareholding, Issue of Ordinary Shares & Total Voting Rights

The Company announces that on 9(th) August 2023 David Ward (CFO) exercised options over 50,000 ordinary shares of 2.5 pence each in the Company ("Ordinary Shares").

To cover the exercise costs and associated taxes Mr Ward sold 28,000 of the vested Ordinary Shares under the option at a price of 235.5 pence per share on 9 August 2023, retaining the balance of 22,000 shares.

Following the options exercise and sale, Mr Ward will have a beneficial holding of 87,000 Ordinary Shares (which represents 0.03% of the issued share capital of the Company) and has options over 441,797 Ordinary Shares.

Pursuant to this exercise of share options, the Company confirms that application has been made to the London Stock Exchange for the admission of 50,000 Ordinary Shares to trading on AIM ("Admission"). Admission is expected to take place at 8.00am on 16(th) August 2023.

Following Admission, the Company will have 252,569,220 Ordinary Shares in issue. There are no shares held in treasury. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Disclosure and Transparency Rules.

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                          1. David Ward 
     -----------------------  ------------------------------------------ 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a.   Position/status               1. CFO 
     -----------------------  ------------------------------------------ 
 b.   Initial notification     Initial notification 
       /Amendment 
     -----------------------  ------------------------------------------ 
 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 
     ------------------------------------------------------------------- 
 b.   Nature of the            Acquisition of Ordinary Shares following 
       transaction              the exercise of options. 
     -----------------------  ------------------------------------------ 
 c.   Price(s) and                  Price(s)   Volume(s) 
       volume(s)                 1     2.5p      50,000 
                                    ---------  ---------- 
     -----------------------  ------------------------------------------ 
 d.        Aggregated               Price(s)   Volume(s) 
            information          1     2.5p      50,000 
            Aggregated              ---------  ---------- 
            volume 
            Price 
     -----------------------  ------------------------------------------ 
 e.   Date of the              9 August 2023 
       transaction 
     -----------------------  ------------------------------------------ 
 f.   Place of the             London Stock Exchange (XLON); AIM 
       transaction 
     -----------------------  ------------------------------------------ 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                               2. David Ward 
     ----------------------------  ------------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------- 
 a.   Position/status                    2. CFO 
     ----------------------------  ------------------------------------------- 
 b.   Initial notification          Initial notification 
       /Amendment 
     ----------------------------  ------------------------------------------- 
 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                   Ordinary shares of 2.5 pence 
       of the financial 
       instrument,                   GB0006870611 
       type of instrument 
       Identification 
       code 
     ----------------------------  ------------------------------------------- 
 b.   Nature of the                 Sale of Ordinary Shares following exercise 
       transaction                   of options. 
     ----------------------------  ------------------------------------------- 
 c.   Price(s) and                       Price(s)    Volume(s) 
       volume(s)                      1   235.5030p    28,000 
                                         ----------  ---------- 
     ----------------------------  ------------------------------------------- 
 d.        Aggregated information        Price(s)    Volume(s) 
            Aggregated                1   235.5030p    28,000 
            volume                       ----------  ---------- 
            Price 
     ----------------------------  ------------------------------------------- 
 e.   Date of the                   9 August 2023 
       transaction 
     ----------------------------  ------------------------------------------- 
 f.   Place of the                  London Stock Exchange (XLON); AIM 
       transaction 
     ----------------------------  ------------------------------------------- 
 

- Ends-

Fo r further information, please contact:

 
 GBG 
  Annabelle Burton, Company Secretary           [phone] 
  Richard Foster, Investor Relations            [phone] 
 Numis (Nominated Adviser and Corporate 
  Broker)                                          [phone] 
  Simon Willis & Joshua Hughes                                 1000 
                                          ------------------------- 
 Barclays (Corporate Broker) 
  Robert Mayhew & Stuart Jempson                [phone] 
                                          ------------------------- 
 Website                                   www.gbgplc.com/investors 
                                          ------------------------- 
 

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August 10, 2023 11:47 ET (15:47 GMT)