GRC International Group PLC Director/PDMR Shareholding and Total Voting Rights (6878A)

TIDMGRC

RNS Number : 6878A

GRC International Group PLC

01 October 2020

1 October 2020

GRC International Group plc

Director Dealing Notification, Exercise of Options

and Total Voting Rights

GRC International Group plc (the "Company"), a supplier of cyber security, risk management and compliance products and services announces that Neil Acworth, a director of the Company, sold 353,920 ordinary shares of 0.1 pence in the Company ("Ordinary Shares") at a price of 20 pence per share on 29 September 2020. Mr Acworth has subsequently exercised options over 353,920 Ordinary Shares on 30 September 2020.

Application has been made to the London Stock Exchange for the admission of the 353,920 Ordinary Shares issued. It is anticipated that admission to trading of, and dealings in, the Ordinary Shares will commence on AIM on or around 6 October 2020.

Following the issue of these 353,920 Ordinary Shares, the total number of voting rights in the Company will be 99,931,509 and shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Following the sale of shares and subsequent exercise of options, the number of Ordinary Shares in which Neil Acworth has a beneficial interest over is 1,245,465 Ordinary Shares, representing 1.24 per cent of the current total voting rights of the Company.

Further details on the exercise are included in the notification below, made in accordance with the requirements of the EU Market Abuse Regulation.

Enquiries:

 
 GRC International Group plc                  [phone] 
 Alan Calder, Chief Executive Officer 
  Christopher Hartshorne, Finance Director 
 Grant Thornton UK LLP (Nominated Adviser)    [phone] 
 Philip Secrett 
  Jen Clarke 
  Seamus Fricker 
 Dowgate Capital Limited (Broker)             [phone] 
 James Serjeant 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                   Neil Acworth 
      -------------------------------------  ---------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status                        Executive Director 
      -------------------------------------  ---------------------------------- 
 b)    Initial notification                   Initial 
        /Amendment 
      -------------------------------------  ---------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                                   GRC International Group plc 
      -------------------------------------  ---------------------------------- 
 b)    LEI                                    21380035NES3I6H4PB87 
      -------------------------------------  ---------------------------------- 
 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 shares 
        financial instrument, 
        type of instrument 
 
       Identification code                    GB00BG06MV41 
 
 b)    Nature of the transaction              Disposal of Shares 
      -------------------------------------  ---------------------------------- 
 c)    Price(s) and volume(s) 
                                              ---------------  -------------- 
                                               Price(s)         Volume(s) 
                                              ---------------  -------------- 
    GBP0.20                                                     353,920 
   ----------------------------------------------------------  -------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                    N/A 
 
  - Price 
 
 e)    Date of the transaction                29 September 2020 
      -------------------------------------  ---------------------------------- 
 f)    Place of the transaction               London Stock Exchange 
      -------------------------------------  ---------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                Neil Acworth 
      ----------------------------------  ----------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------- 
 a)    Position/status                     Executive Director 
      ----------------------------------  ----------------------------------- 
 b)    Initial notification                Initial 
        /Amendment 
      ----------------------------------  ----------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------- 
 a)    Name                                GRC International Group plc 
      ----------------------------------  ----------------------------------- 
 b)    LEI                                 21380035NES3I6H4PB87 
      ----------------------------------  ----------------------------------- 
 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 shares 
        financial instrument, 
        type of instrument 
 
       Identification code                 GB00BG06MV41 
 
 b)    Nature of the transaction           Exercise of options 
      ----------------------------------  ----------------------------------- 
 c)    Price(s) and volume(s) 
                                           ------------------  ------------ 
                                            Price(s)            Volume(s) 
                                           ------------------  ------------ 
    GBP0.1271474                                                353,920 
   ----------------------------------------------------------  ------------ 
 
 d)    Aggregated information 
 
  - Aggregated volume                 N/A 
 
  - Price 
 
 e)    Date of the transaction             30 September 2020 
      ----------------------------------  ----------------------------------- 
 f)    Place of the transaction            Outside a trading venue 
      ----------------------------------  ----------------------------------- 
 

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October 01, 2020 02:00 ET (06:00 GMT)