GB Group PLC Notification of Directors' Interests (4556G)

TIDMGBG

RNS Number : 4556G

GB Group PLC

05 August 2016

 
   5th August 2016 
 

GB GROUP PLC

("GBG" or the "Company")

Notification of Directors' Interests

Notification of a transaction by a person discharging managerial responsibilities ("PDMR") in ordinary shares of 2.5p each in the Company.

The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

GBG announces that it was notified on 4 August 2016 that David Rasche, Non-executive Chairman of the Company, transferred 19,544 shares to members of his family. Following this notification, Mr Rasche has a beneficial holding of 799,278 ordinary shares in the Company which represents 0.6% of the issued share capital.

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------------- 
 a.   Name                            David Anthony Rasche 
---  ------------------------------  -------------------------------------- 
 2.   Reason for the notification 
---  ---------------------------------------------------------------------- 
 a.   Position/status                 Chairman 
---  ------------------------------  -------------------------------------- 
 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                             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                       Transfer of shares to father, brother 
       the transaction                 and son. 
---  ------------------------------  -------------------------------------- 
 c.   Price(s)                          Price(s)    Volume(s) 
       and volume(s)                    ----------  ---------- 
                                            n/a       19,544 
---  ------------------------------  -------------------------------------- 
 d.        Aggregated 
            information 
             *    Aggregated volume                19,544 shares 
 
                                                   n/a 
             *    Price 
---  ------------------------------  -------------------------------------- 
 e.   Date of the                     2016-08-04; 05:34 UTC 
       transaction 
---  ------------------------------  -------------------------------------- 
 f.   Place of                        Outside a trading venue 
       the transaction 
---  ------------------------------  -------------------------------------- 
 

- 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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August 05, 2016 11:35 ET (15:35 GMT)