GB Group PLC Notification of Director's Interest (8266G)

TIDMGBG

RNS Number : 8266G

GB Group PLC

06 March 2018

 
   6 March 2018 
 

GB GROUP PLC

("GBG" or "the Company")

Notification of Director's Interest

The Company announces that Nick Brown, Director, yesterday notified the Company that he sold 125,000 ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") at an average price of 418.56 pence per share on 2 March 2018.

The Company also announces that Nick Brown's wife, Susan Brown, sold 13,560 Ordinary Shares at an average price of 407.50 pence per share on 5 March 2018.

Following these transactions, Mr. Brown has a beneficial holding of 877,585 Ordinary Shares (which represents 0.57% of the issued share capital of the Company) and continues to have options over a maximum of 591,823 Ordinary Shares.

 
 1.    Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------------- 
 a.    Name                           Nick Brown 
----  -----------------------------  ------------------------------ 
 2.    Reason for the notification 
----  ------------------------------------------------------------- 
 a.    Position/status                Director 
----  -----------------------------  ------------------------------ 
 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                  GB0006870611 
        instrument, type 
        of instrument 
        Identification 
        code 
----  -----------------------------  ------------------------------ 
 b.    Nature of the                  Disposal of Shares 
        transaction 
----  -----------------------------  ------------------------------ 
 c.    Price(s) and                     Price(s)   Volume(s) 
        volume(s)                       ---------  ---------- 
                                         418.50p    100,000 
                                         418.50p    21,116 
                                         420.32p    3,884 
                                        ---------  ---------- 
----  -----------------------------  ------------------------------ 
 d.         Aggregated information 
        Aggregated volume              125,000 
        Price                           418.56p 
 ----------------------------------  ------------------------------ 
 e.    Date of the transaction         02 / 03 / 2018 
----  -----------------------------  ------------------------------ 
 f.    Place of the                   London Stock Exchange (XLON); 
        transaction                    AIM 
----  -----------------------------  ------------------------------ 
 
 
 1.    Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------------- 
 a.    Name                           Susan Brown 
----  -----------------------------  ------------------------------ 
 2.    Reason for the notification 
----  ------------------------------------------------------------- 
 a.    Position/status                Person Closely Associated 
                                       with PDMR (Nick Brown) 
----  -----------------------------  ------------------------------ 
 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                  GB0006870611 
        instrument, type 
        of instrument 
        Identification 
        code 
----  -----------------------------  ------------------------------ 
 b.    Nature of the                  Disposal of Shares 
        transaction 
----  -----------------------------  ------------------------------ 
 c.    Price(s) and                     Price(s)   Volume(s) 
        volume(s)                       ---------  ---------- 
                                         407.50p    13,560 
                                        ---------  ---------- 
----  -----------------------------  ------------------------------ 
 d.         Aggregated information 
        Aggregated volume              13,560 
        Price                           407.50p 
 ----------------------------------  ------------------------------ 
 e.    Date of the transaction          05 / 03 / 2018 
----  -----------------------------  ------------------------------ 
 f.    Place of the                   London Stock Exchange (XLON); 
        transaction                    AIM 
----  -----------------------------  ------------------------------ 
 

- Ends-

For further information, please contact:

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 06, 2018 05:15 ET (10:15 GMT)