Gordon Dadds Group PLC PDMR/Rule 17 notifications (9348P)

TIDMGOR

RNS Number : 9348P

Gordon Dadds Group PLC

13 February 2019

Gordon Dadds Group Plc ("Gordon Dadds" or the "Company")

PDMR/Rule 17 notifications

Gordon Dadds announces changes to the holdings of significant shareholders for the purposes of Rule 17 of the AIM Rules for Companies as a result of its recent placing of 8,217,019 ordinary shares of 1p in the capital of the Company (Placing):

The shareholding of Adrian Biles, CEO, remains unchanged but in consequence of the Placing now represents 20.56% of the Company's issued share capital. The shareholdings of John Biles and Robert Biles also remain unchanged but now represent less than 3% of the Company's issued share capital.

In addition, for the purposes of Article 19 of the Market Abuse Regulation (EU 596/2014), the Company announces that Simon Howard, a non-executive director of the Company, has for personal reasons disposed of interests in 80,000 ordinary shares at GBP1.40 per share on 12 February 2019.

FOR FURTHER INFORMATION, PLEASE CONTACT:

 
 Gordon Dadds Group plc                  Via Portland 
  Adrian Biles, Chief Executive 
  Officer 
  Christopher Yates, Chief Financial 
  Officer 
 Arden Partners 
  Nominated Adviser and broker 
  to the Company                         [phone] 
 Fraser Marshall - Corporate 
  Broking 
 
 Portland Communications 
  Steffan Williams/Simon Hamer/Lauren 
  Gallagher                              [phone] 
                                         Email: [e-mail] 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with Article 19 of the Market Abuse Regulation

 
  1   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Names                      Simon Howard 
     -------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status            Non executive Director - classified as 
                                  a PDMR of Gordon Dadds Group plc 
     -------------------------  -------------------------------------------- 
 b)   Initial notification       Initial 
       /Amendment 
     -------------------------  -------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                       Gordon Dadds Group plc 
     -------------------------  -------------------------------------------- 
 b)   LEI                        2138005A5XOTI2MHP510 
     -------------------------  -------------------------------------------- 
 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 
       instrument, type           Ordinary shares of 1 penny each ("Ordinary 
       of instrument              Shares") 
     -------------------------  -------------------------------------------- 
 b)   Identification             GB00BZBY3Y0 
       code 
     -------------------------  -------------------------------------------- 
 c)   Nature of the 
       transaction                Sale of Ordinary Shares 
     -------------------------  -------------------------------------------- 
 d)   Price(s) and volume(s)      Prices(s)       Volume(s) 
                                   140.00 pence    80,000 
                                                  ---------- 
     -------------------------  -------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume 
       - Price                    80,000 
 
                                  140.00 pence 
     -------------------------  -------------------------------------------- 
 e)   Date of the transaction    12 February 2019 
     -------------------------  -------------------------------------------- 
 f)   Place of the transaction   London Stock Exchange, AIM Market (XLON) 
     -------------------------  -------------------------------------------- 
 

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February 13, 2019 10:02 ET (15:02 GMT)