Global Connectivity PLC PDMR Shareholding (9294Q)

TIDMGCON

RNS Number : 9294Q

Global Connectivity PLC

24 February 2023

24 February 2023

Global Connectivity Plc

(the "Company")

PDMR Shareholding

Global Connectivity Plc (AQSE: GCON) announces the following dealing in shares by a person discharging managerial responsibility:

PDMR : Simon Hersh

Transaction and Price : Transfer of 1,000,000 shares on 23 February 2023 to Simon Hersh by a family member for nil consideration.

Total shares held by Simon Hersh : 2,300,000 representing 0.635% of the Company's entire issued share capital.

These shares shall rank pari passu in all respects with the existing ordinary shares of GBP0.01 each already in issue.

Following this transfer, the total number of issued shares and the total number of voting rights in the Company is still 361,926,142. The total issued share capital is GBP3,619, 261.42.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further information.

Notification of a Transaction pursuant to Article 19(1) of the UK Market Abuse Regulation:

   1.   Details of the person discharging managerial responsibilities/persons closely associated 
   a.   Name: Simon Hersh 
   2.   Reason for the Notification 
   a.   Position/Status: Chief Financial Officer 
   b.   Initial Notification/Amendment: Initial 
   3.   Details of Issuer 
   a.   Name: Global Connectivity Plc 
   b.   LEI: 213800MCRBNG3UHI1A31 

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 (ISIN): Ordinary Shares of GBP0.01 each/ GB00B16GQJ90

b. Nature of the transaction: Transfer of 1,000,000 shares on 23(rd) February 2023 to Simon Hersh by a family member

   c.   Price(s) and volume(s): 
   Price                         Volume 
   Nil Consideration   1,000,000 
   d.   Aggregated information: 
   Aggregated volume          Price 
   1,000,000                           Nil Consideration 
   e.   Date and time of the transaction: 23/02/2023 at 3p.m. 
   f.    Place of the transaction: United Kingdom 

The Directors of Global Connectivity Plc accept responsibility for the contents of this announcement.

END

For further information please contact:

Keith Harris

Executive Chairman

Global Connectivity Plc

www.globalconnectivityplc.com

Nick Michaels

AQSE Stock Exchange Corporate Adviser

Alfred Henry Corporate Finance Limited

www.alfredhenry.com

Tel: [phone]

Claire Louise Noyce

AQSE Stock Exchange Corporate Broker

Hybridan LLP

[e-mail]

www.hybridan.com

Tel: [phone]

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February 24, 2023 02:00 ET (07:00 GMT)