Connect Group PLC Director/PDMR Shareholding (4801K)

TIDMCNCT

RNS Number : 4801K

Connect Group PLC

07 July 2017

Connect Group PLC

Director/PDMR Shareholding

Connect Group PLC (the "Company") announces that it has been notified of the following transactions in the Company's ordinary 5p shares undertaken by directors / persons discharging managerial responsibility:

1. On 7 July 2017, sale (for a market price of GBP1.100 per share) by Mark Cashmore (Executive Director, Group Chief Executive Officer) of a total of 108,000 ordinary 5p shares and corresponding purchase (for a market price of GBP1.101 per share) of a total of 108,000 ordinary 5p shares by a custodian on behalf of the administrator of Mr Cashmore's SIPP. Mr Cashmore is the beneficial owner of the acquired shares.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------------------ 
 a)    Name                            Mark Cashmore 
----  ------------------------------  ---------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------------ 
 a)    Position/status                 Executive Director, Group 
                                        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                            Connect Group PLC 
----  ------------------------------  ---------------------------------- 
 b)    LEI                             2138004033ONVOOQXB02 
----  ------------------------------  ---------------------------------- 
 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 5p shares 
        the financial 
        instrument, type 
        of instrument 
---- 
 
       Identification                  ISIN: GB00B17WCR61 
        code 
 
 b)    Nature of the                   Sale of 108,000 ordinary 
        transaction                     shares 
----  ------------------------------  ---------------------------------- 
 c)    Price(s) and volume(s) 
----                                   ---------------  -------------- 
                                        Price(s)         Volume(s) 
----                                   ---------------  -------------- 
    GBP1.100                                             108,000 
   ---------------------------------------------------  -------------- 
 
 d)    Aggregated information          n/a single transaction 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction         07 July 2017 
----  ------------------------------  ---------------------------------- 
 f)    Place of the transaction        London Stock Exchange, XLON 
----  ------------------------------  ---------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------------------- 
 a)    Name                            Mark Cashmore 
----  ------------------------------  ----------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------------- 
 a)    Position/status                 Executive Director, Group 
                                        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                            Connect Group PLC 
----  ------------------------------  ----------------------------------- 
 b)    LEI                             2138004033ONVOOQXB02 
----  ------------------------------  ----------------------------------- 
 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 5p shares 
        the financial 
        instrument, type 
        of instrument 
---- 
 
       Identification                  ISIN: GB00B17WCR61 
        code 
 
 b)    Nature of the                   Purchase of 108,000 ordinary 
        transaction                     shares by a custodian on 
                                        behalf of the administrator 
                                        of Mr Cashmore's SIPP. 
----  ------------------------------  ----------------------------------- 
 c)    Price(s) and volume(s) 
----                                   ---------------  --------------- 
                                        Price(s)         Volume(s) 
----                                   ---------------  --------------- 
    GBP1.101                                             108,000 
   ---------------------------------------------------  --------------- 
 
 d)    Aggregated information          n/a single transaction 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction         07 July 2017 
----  ------------------------------  ----------------------------------- 
 f)    Place of the transaction        London Stock Exchange, XLON 
----  ------------------------------  ----------------------------------- 
 

Alison Painter

Interim Deputy Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 07, 2017 08:24 ET (12:24 GMT)