Connect Group PLC Director/PDMR Shareholding (6450B)

TIDMCNCT

RNS Number : 6450B

Connect Group PLC

11 January 2018

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 Jonathan Bunting (Chief Operating Officer) of 83,937 Deferred Bonus Plan (2015) shares, receipt of 13,675 shares in respect of the dividend equivalent payment and the subsequent sale of 45,972 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                        Jonathan Bunting 
----  --------------------------  ------------------------------------ 
 2     Reason for the notification 
----  ---------------------------------------------------------------- 
 a)    Position/status             Chief Operating 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 83,937 Deferred 
        transaction                 Bonus Plan (2015) shares 
                                    and receipt of 13,675 shares 
                                    in respect of the dividend 
                                    equivalent payment. 
----  --------------------------  ------------------------------------ 
 c)    Price(s) and volume(s) 
----                               ---------------------  ---------- 
                                    Price(s)               Volume(s) 
----                               ---------------------  ---------- 
    Nil consideration                                      97,612 
   -----------------------------------------------------  ---------- 
 
 d)    Aggregated information      n/a single transaction 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction     10 January 2018 
----  --------------------------  ------------------------------------ 
 f)    Place of the transaction    London Stock Exchange, Main 
                                    Market 
----  --------------------------  ------------------------------------ 
 
 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ---------------------------------------------------------------------- 
 a)    Name                            Jonathan Bunting 
----  ------------------------------  -------------------------------------- 
 2     Reason for the notification 
----  ---------------------------------------------------------------------- 
 a)    Position/status                 Chief Operating 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                   Sale of 45,972 shares to 
        transaction                     cover the tax and NI liability 
                                        arising following exercise 
                                        of 83,937 Deferred Bonus 
                                        Plan (2015) shares and receipt 
                                        of 13,675 shares in respect 
                                        of the dividend equivalent 
                                        payment. 
----  ------------------------------  -------------------------------------- 
 c)    Price(s) and volume(s) 
----                                   -----------------  ---------------- 
                                        Price(s)           Volume(s) 
----                                   -----------------  ---------------- 
    GBP1.17                                                45,972 
   -----------------------------------------------------  ---------------- 
 
 d)    Aggregated information          n/a single transaction 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction         10 January 2018 
----  ------------------------------  -------------------------------------- 
 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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January 11, 2018 08:48 ET (13:48 GMT)