discoverIE Group plc Director/PDMR Shareholding (7004Q)

TIDMDSCV

RNS Number : 7004Q

discoverIE Group plc

07 June 2018

07 June 2018

discoverIE Group plc

DIRECTOR/PDMR SHAREHOLDING

discoverIE Group plc (LSE:DSCV, the "Company") has been notified that, further to the announcement of 6 June 2018, Nick Jefferies (Group Chief Executive) and Simon Gibbins (Group Finance Director) have today sold 394,045 and 198,992 ordinary shares of 5 pence each, respectively, in order to settle personal tax liabilities relating to the exercise of options under the Company's 2008 Long Term Incentive Plan.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                               Nick Jefferies 
     ---------------------------------  --------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position / status                  Group Chief Executive 
     ---------------------------------  --------------------------------------- 
 b)   Initial notification / amendment   Initial notification 
     ---------------------------------  --------------------------------------- 
 3    Details of issuer 
     -------------------------------------------------------------------------- 
 a)   Name                               discoverIE Group plc 
     ---------------------------------  --------------------------------------- 
 b)   LEI                                213800BMDLQU1VEEAN68 
     ---------------------------------  --------------------------------------- 
 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       Ordinary shares in discoverIE 
       instrument, type of instrument     Group plc 
       Identification code                GB0000055888 
     ---------------------------------  --------------------------------------- 
 b)   Nature of the transaction          Sale of ordinary shares 
     ---------------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)               Price            Volume 
                                            422 pence per 
                                             share           394,045 
                                                            -------- 
     ---------------------------------  --------------------------------------- 
 d)   Aggregated information               Price        Volume    Total 
                                            422 pence    394,045   GBP1,662,870 
                                             per share 
                                                        --------  ------------- 
     ---------------------------------  --------------------------------------- 
 e)   Date of the transaction            7 June 2018 
     ---------------------------------  --------------------------------------- 
 f)   Place of the transaction           London Stock Exchange, Main 
                                          Market (XLON) 
     ---------------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                               Simon Gibbins 
     ---------------------------------  ------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / status                  Group Finance Director 
     ---------------------------------  ------------------------------------- 
 b)   Initial notification / amendment   Initial notification 
     ---------------------------------  ------------------------------------- 
 3    Details of issuer 
     ------------------------------------------------------------------------ 
 a)   Name                               discoverIE Group plc 
     ---------------------------------  ------------------------------------- 
 b)   LEI                                213800BMDLQU1VEEAN68 
     ---------------------------------  ------------------------------------- 
 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       Ordinary shares in discoverIE 
       instrument, type of instrument     Group plc 
       Identification code                GB0000055888 
     ---------------------------------  ------------------------------------- 
 b)   Nature of the transaction          Sale of ordinary shares 
     ---------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)               Price            Volume 
                                            422 pence per 
                                             share           198,992 
                                                            -------- 
     ---------------------------------  ------------------------------------- 
 d)   Aggregated information               Price        Volume    Total 
                                            422 pence    198,992   GBP839,746 
                                             per share 
                                                        --------  ----------- 
     ---------------------------------  ------------------------------------- 
 e)   Date of the transaction            7 June 2018 
     ---------------------------------  ------------------------------------- 
 f)   Place of the transaction           London Stock Exchange, Main 
                                          Market (XLON) 
     ---------------------------------  ------------------------------------- 
 

For further information please contact:

discoverIE Group plc

   Joanna Harkus Madge: Group Company Secretary   01483 544500 

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.

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June 07, 2018 11:08 ET (15:08 GMT)