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GYG Gyg Plc

30.00
0.00 (0.00%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gyg Plc LSE:GYG London Ordinary Share GB00BZ4FM652 ORD GBP0.002
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 30.00 25.00 45.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

GYG PLC Director/PDMR Shareholding (0465L)

13/07/2017 5:21pm

UK Regulatory


Gyg (LSE:GYG)
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From Apr 2019 to Apr 2024

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TIDMGYG

RNS Number : 0465L

GYG PLC

13 July 2017

GYG PLC

NOTIFICATION OF TRANSACTIONS BY DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")

Grant of options under the GYG plc Performance Share Plan

GYG plc (AIM: GYG), a market leading superyacht painting, supply and maintenance company, announces that, in line with the proposal set out in the Admission document, nil-cost options were granted on 11 July 2017 to the following PDMRs under the GYG plc Performance Share Plan 2017 at an exercise price of GBP0.002 per share.

 
 Name                Title               Number of options 
                                          granted 
------------------  ------------------  ------------------ 
                     Chief Executive 
 Remy Millott         Officer            82,500 
------------------  ------------------  ------------------ 
                     Group Managing 
 Rupert Savage        Director           74,250 
------------------  ------------------  ------------------ 
                     Chief Financial 
 Gloria Fernandez     Officer            49,500 
------------------  ------------------  ------------------ 
                     Chief Operating 
 Peter Brown          Officer            33,000 
------------------  ------------------  ------------------ 
                     Chief Commercial 
 Andrew Clemence      Officer            18,700 
------------------  ------------------  ------------------ 
 

These will options will vest in 2020 to the extent stretching EPS targets are met in FY19.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail:

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  -------------------------------------------------------------------------------- 
 a)   Name                     Remy MILLOTT 
---  -----------------------  ------------------------------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------------------------- 
 a)   Position/status          Chief Executive Officer 
---  -----------------------  ------------------------------------------------------- 
 b)   Initial notification/    Initial notification 
       Amendment 
---  -----------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------------------------------- 
 a)   Name                     GYG plc 
---  -----------------------  ------------------------------------------------------- 
 b)   LEI                      254900QDNKYRS233MM94 
---  -----------------------  ------------------------------------------------------- 
 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              Ordinary Shares of GBP0.002 
       of the financial         each 
       instrument, 
       type of instrument 
 
       Identification           ISIN GB00BZ4FM652 
       code 
---  -----------------------  ------------------------------------------------------- 
 b)   Nature of the            Grant of options under the 
       transaction              GYG plc Performance Share 
                                Plan 
---  -----------------------  ------------------------------------------------------- 
 c)   Price(s) and               Price(s)           Volume(s) 
       volume(s)                 -----------------  ---------- 
                                  Nil cost option    82,500 
                                 -----------------  ---------- 
---  -----------------------  ------------------------------------------------------- 
 d)   Aggregated information    Aggregate Price   Aggregate Volume   Aggregate Total 
       - Aggregated             ----------------  -----------------  ---------------- 
       volume                    Nil cost option   82,500             - 
       - Price                  ----------------  -----------------  ---------------- 
---  -----------------------  ------------------------------------------------------- 
 e)   Date of the              11 July 2017 
       transaction 
---  -----------------------  ------------------------------------------------------- 
 f)   Place of the             Outside of trading venue 
       transaction 
---  -----------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  -------------------------------------------------------------------------------- 
 a)   Name                     Rupert SAVAGE 
---  -----------------------  ------------------------------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------------------------- 
 a)   Position/status          Group Managing Director 
---  -----------------------  ------------------------------------------------------- 
 b)   Initial notification/    Initial notification 
       Amendment 
---  -----------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------------------------------- 
 a)   Name                     GYG plc 
---  -----------------------  ------------------------------------------------------- 
 b)   LEI                      254900QDNKYRS233MM94 
---  -----------------------  ------------------------------------------------------- 
 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              Ordinary Shares of GBP0.002 
       of the financial         each 
       instrument, 
       type of instrument 
 
       Identification           ISIN GB00BZ4FM652 
       code 
---  -----------------------  ------------------------------------------------------- 
 b)   Nature of the            Grant of options under the 
       transaction              GYG plc Performance Share 
                                Plan 
---  -----------------------  ------------------------------------------------------- 
 c)   Price(s) and              Price(s)           Volume(s) 
       volume(s)                -----------------  ---------- 
                                 Nil cost option    74,250 
                                -----------------  ---------- 
---  -----------------------  ------------------------------------------------------- 
 d)   Aggregated information    Aggregate Price   Aggregate Volume   Aggregate Total 
                                ----------------  -----------------  ---------------- 
       - Aggregated              Nil cost option   74,250             - 
       volume                   ----------------  -----------------  ---------------- 
       - Price 
---  -----------------------  ------------------------------------------------------- 
 e)   Date of the              11 July 2017 
       transaction 
---  -----------------------  ------------------------------------------------------- 
 f)   Place of the             Outside of trading venue 
       transaction 
---  -----------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  --------------------------------------------------------------------------------- 
 a)   Name                     Gloria FERNANDEZ 
---  -----------------------  -------------------------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------------------------- 
 a)   Position/status          Chief Financial Officer 
---  -----------------------  -------------------------------------------------------- 
 b)   Initial notification/    Initial notification 
       Amendment 
---  -----------------------  -------------------------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------------------- 
 a)   Name                     GYG plc 
---  -----------------------  -------------------------------------------------------- 
 b)   LEI                      254900QDNKYRS233MM94 
---  -----------------------  -------------------------------------------------------- 
 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              Ordinary Shares of GBP0.002 
       of the financial         each 
       instrument, 
       type of instrument 
 
       Identification           ISIN GB00BZ4FM652 
       code 
---  -----------------------  -------------------------------------------------------- 
 b)   Nature of the            Grant of options under the 
       transaction              GYG plc Performance Share Plan 
---  -----------------------  -------------------------------------------------------- 
 c)   Price(s) and              Price(s)           Volume(s) 
       volume(s)                -----------------  ---------- 
                                 Nil cost option    49,500 
                                -----------------  ---------- 
---  -----------------------  -------------------------------------------------------- 
 d)   Aggregated information     Aggregate Price   Aggregate Volume   Aggregate Total 
                                 ----------------  -----------------  ---------------- 
       - Aggregated               Nil cost option   49,500             - 
       volume                    ----------------  -----------------  ---------------- 
       - Price 
---  -----------------------  -------------------------------------------------------- 
 e)   Date of the              11 July 2017 
       transaction 
---  -----------------------  -------------------------------------------------------- 
 f)   Place of the             Outside of trading venue 
       transaction 
---  -----------------------  -------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  --------------------------------------------------------------------------------- 
 a)   Name                     Peter BROWN 
---  -----------------------  -------------------------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------------------------- 
 a)   Position/status          Chief Operating Officer 
---  -----------------------  -------------------------------------------------------- 
 b)   Initial notification/    Initial notification 
       Amendment 
---  -----------------------  -------------------------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------------------- 
 a)   Name                     GYG plc 
---  -----------------------  -------------------------------------------------------- 
 b)   LEI                      254900QDNKYRS233MM94 
---  -----------------------  -------------------------------------------------------- 
 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              Ordinary Shares of GBP0.002 
       of the financial         each 
       instrument, 
       type of instrument 
 
       Identification           ISIN GB00BZ4FM652 
       code 
---  -----------------------  -------------------------------------------------------- 
 b)   Nature of the            Grant of options under the 
       transaction              GYG plc Performance Share 
                                Plan 
---  -----------------------  -------------------------------------------------------- 
 c)   Price(s) and               Price(s)           Volume(s) 
       volume(s)                 -----------------  ---------- 
                                  Nil cost option    33,000 
                                 -----------------  ---------- 
---  -----------------------  -------------------------------------------------------- 
 d)   Aggregated information     Aggregate Price   Aggregate Volume   Aggregate Total 
                                 ----------------  -----------------  ---------------- 
       - Aggregated               Nil cost option   33,000             - 
       volume                    ----------------  -----------------  ---------------- 
       - Price 
---  -----------------------  -------------------------------------------------------- 
 e)   Date of the              11 July 2017 
       transaction 
---  -----------------------  -------------------------------------------------------- 
 f)   Place of the             Outside of trading venue 
       transaction 
---  -----------------------  -------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ---------------------------------------------------------------------------------- 
 a)   Name                     Andrew CLEMENCE 
---  -----------------------  --------------------------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------------------------- 
 a)   Position/status          Chief Commercial Officer 
---  -----------------------  --------------------------------------------------------- 
 b)   Initial notification/    Initial notification 
       Amendment 
---  -----------------------  --------------------------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------------------------------- 
 a)   Name                     GYG plc 
---  -----------------------  --------------------------------------------------------- 
 b)   LEI                      254900QDNKYRS233MM94 
---  -----------------------  --------------------------------------------------------- 
 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              Ordinary Shares of GBP0.002 
       of the financial         each 
       instrument, 
       type of instrument 
 
       Identification           ISIN GB00BZ4FM652 
       code 
---  -----------------------  --------------------------------------------------------- 
 b)   Nature of the            Grant of options under the 
       transaction              GYG plc Performance Share 
                                Plan 
---  -----------------------  --------------------------------------------------------- 
 c)   Price(s) and              Price(s)           Volume(s) 
       volume(s)                -----------------  ---------- 
                                 Nil cost option    18,700 
                                -----------------  ---------- 
---  -----------------------  --------------------------------------------------------- 
 d)   Aggregated information     Aggregate Price    Aggregate Volume   Aggregate Total 
                                 -----------------  -----------------  ---------------- 
       - Aggregated               Nil cost option    18,700             18,700 
       volume                    -----------------  -----------------  ---------------- 
       - Price 
---  -----------------------  --------------------------------------------------------- 
 e)   Date of the              11 July 2017 
       transaction 
---  -----------------------  --------------------------------------------------------- 
 f)   Place of the             Outside of trading venue 
       transaction 
---  -----------------------  --------------------------------------------------------- 
 

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Enquiries:

 
  GYG plc                              via FTI Consulting 
    Remy Millott, Chief Executive          Tel: +44 (0) 20 
    Officer                                      3727 1000 
    Gloria Fernandez, Chief Financial 
    Officer 
 
   Zeus Capital Limited (NOMAD             Tel: +44 (0) 20 
    & Broker)                                    3829 5000 
    Dan Bate 
    Giles Balleny 
    Jonathan Sharp 
    Ben Burnett 
 
   FTI Consulting (Financial PR)           Tel: +44 (0) 20 
    John Waples                                  3727 1000 
    Oliver Winters 
    Alex Beagley 
    Fiona Walker 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHSFUFMDFWSEFW

(END) Dow Jones Newswires

July 13, 2017 12:21 ET (16:21 GMT)

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