GB Group PLC Notification of Directors' Interests (5367G)

TIDMGBG

RNS Number : 5367G

GB Group PLC

18 March 2020

 
   18 March 2020 
 

GB GROUP PLC

("GBG" or the "Company")

Notification of Directors' Interests

The Company announces that David Rasche, Non-Executive Chairman, yesterday notified the Company that he purchased 19,100 ordinary shares of 2.5p each in the Company ("Ordinary Shares") at an average price of 518.86 pence per share on 16 and 17 March 2020.

Following this notification, Mr Rasche has a beneficial holding of 744,333 Ordinary Shares (which represents 0.38% of the issued share capital of the Company).

 
 1.    Details of the person discharging managerial responsibilities 
        / person closely associated 
 a.    Name                               David Rasche 
      ----------------------------  -------------------------------------- 
 2.    Reason for the notification 
      -------------------------------------------------------------------- 
 a.    Position/status                          Non-Executive Chairman 
      ----------------------------  -------------------------------------- 
 b.    Initial notification          Initial notification 
        /Amendment 
      ----------------------------  -------------------------------------- 
 3.    Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------- 
 a.    Name                          GB Group plc 
      ----------------------------  -------------------------------------- 
 b.    LEI                           213800RBAFZIBCV7XR29 
      ----------------------------  -------------------------------------- 
 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 shares of 2.5 pence 
        the financial 
        instrument, type 
        of instrument                 GB0006870611 
        Identification 
        code 
      ----------------------------  -------------------------------------- 
 b.    Nature of the                 Acquisition of Ordinary Shares 
        transaction 
      ----------------------------  -------------------------------------- 
 c.    Price(s) and volume(s)           Date       Price(s)   Volume(s) 
                                      16/03/2020    512.00p      2,714 
                                                   ---------  ---------- 
                                      17/03/2020    520.00p      3,000 
                                                   ---------  ---------- 
                                      17/03/2020    520.00p     13,344 
                                                   ---------  ---------- 
                                      17/03/2020    520.00p       42 
                                                   ---------  ---------- 
      ----------------------------  -------------------------------------- 
 d.    Aggregated information 
   Aggregated volume 
    Price                              19,100 
                                       518.86p 
 ---------------------------------  -------------------------------------- 
 e.    Date of the transaction       16 March 2020 and 17 March 2020 
      ----------------------------  -------------------------------------- 
 f.    Place of the transaction      London Stock Exchange (XLON); AIM 
      ----------------------------  -------------------------------------- 
 

- Ends-

Fo r further information, please contact:

 
 GB Group plc 
  John Constantin, Company Secretary             01244 657333 
 Peel Hunt LLP (Nominated Adviser and Broker) 
  Edward Knight 
  Edward Allsopp 
  Nick Prowting                                  020 7418 8900 
 Website                                         www.gbgplc.com 
 

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March 18, 2020 03:00 ET (07:00 GMT)