Connect Group PLC Director/PDMR Shareholding (6162X)

TIDMCNCT

RNS Number : 6162X

Connect Group PLC

27 November 2017

Connect Group PLC

Director/PDMR Shareholding

Connect Group PLC (the "Company") announces that it has been notified of the following transactions in the Company's ordinary 5p shares undertaken by directors/persons discharging managerial responsibility:

1. Exercise by Mark Cashmore (Executive Director, Group Chief Executive Officer) of 130,282 Deferred Bonus Plan (2015) shares and the subsequent sale of 61,357 ordinary shares to cover the tax and NI liability.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  --------------------------------------------------------------- 
 a)    Name                        Mark Cashmore 
----  --------------------------  ----------------------------------- 
 2     Reason for the notification 
----  --------------------------------------------------------------- 
 a)    Position/status             Executive Director, Group 
                                    Chief Executive Officer 
----  --------------------------  ----------------------------------- 
 b)    Initial notification        Initial Notification 
        /Amendment 
----  --------------------------  ----------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  --------------------------------------------------------------- 
 a)    Name                        Connect Group PLC 
----  --------------------------  ----------------------------------- 
 b)    LEI                         2138004033ONVOOQXB02 
----  --------------------------  ----------------------------------- 
 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              Ordinary 5p shares 
        the financial 
        instrument, type 
        of instrument 
---- 
 
       Identification              ISIN: GB00B17WCR61 
        code 
 
 b)    Nature of the               Exercise of 130,282 Deferred 
        transaction                 Bonus Plan (2015) shares. 
----  --------------------------  ----------------------------------- 
 c)    Price(s) and volume(s) 
----                               --------------------  ---------- 
                                    Price(s)              Volume(s) 
----                               --------------------  ---------- 
    Nil consideration                                     130,282 
   ----------------------------------------------------  ---------- 
 
 d)    Aggregated information      n/a single transaction 
---- 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction     24 November 2017 
----  --------------------------  ----------------------------------- 
 f)    Place of the transaction    London Stock Exchange, Main 
                                    Market 
----  --------------------------  ----------------------------------- 
 

Adele Duff

Deputy Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 27, 2017 07:38 ET (12:38 GMT)