Connect Group PLC Director/PDMR Shareholding (5289P)

TIDMCNCT

RNS Number : 5289P

Connect Group PLC

08 February 2019

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 Executive Officer, Smiths News) of 97,649 Deferred Bonus Plan (2016) shares, receipt of 49,077 shares in respect of the dividend equivalent payment and the subsequent sale of 69,103 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 Executive Officer, Smiths News 
      ---------------------------------  ------------------------------------------------ 
 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 the                 Ordinary 5p shares 
        financial instrument, 
        type of instrument 
 
       Identification code                ISIN: GB00B17WCR61 
 
 b)    Nature of the transaction          Exercise of 97,649 Deferred Bonus 
                                           Plan (2016) shares and receipt of 
                                           49,077 shares in respect of the dividend 
                                           equivalent payment. 
      ---------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
                                          ----------------------------  --------------- 
                                           Price(s)                      Volume(s) 
                                          ----------------------------  --------------- 
    Nil consideration                                                    146,726 
   -------------------------------------------------------------------  --------------- 
 
 d)    Aggregated information             n/a single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction            7 February 2019 
      ---------------------------------  ------------------------------------------------ 
 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 Executive Officer, Smiths News 
      -------------------------------------  ------------------------------------------------ 
 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 the                     Ordinary 5p shares 
        financial instrument, 
        type of instrument 
 
       Identification code                    ISIN: GB00B17WCR61 
 
 b)    Nature of the transaction              Sale of 69,103 shares to cover the 
                                               tax and NI liability arising following 
                                               exercise of 97,649 Deferred Bonus 
                                               Plan (2016) shares and receipt of 
                                               49,077 shares in respect of the dividend 
                                               equivalent payment. 
      -------------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
                                              -------------------------  ------------------ 
                                               Price(s)                   Volume(s) 
                                              -------------------------  ------------------ 
    GBP0.365883                                                           69,103 
   --------------------------------------------------------------------  ------------------ 
 
 d)    Aggregated information                 n/a single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                7 February 2019 
      -------------------------------------  ------------------------------------------------ 
 f)    Place of the transaction               London Stock Exchange, Main Market 
      -------------------------------------  ------------------------------------------------ 
 

Adele Duff

Deputy Company Secretary

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

DSHSSLFEAFUSEFE

(END) Dow Jones Newswires

February 08, 2019 07:17 ET (12:17 GMT)