7 Jul 2017 13:24
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 £1.100 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 £1.101 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 /Amendment
| Initial Notification | |||
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 the financial instrument, type of instrument | Ordinary 5p shares | |||
Identification code | ISIN: GB00B17WCR61 | ||||
b)
| Nature of the transaction
| Sale of 108,000 ordinary shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£1.100 | 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 /Amendment
| Initial Notification | |||
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 the financial instrument, type of instrument | Ordinary 5p shares | |||
Identification code | ISIN: GB00B17WCR61 | ||||
b)
| Nature of the transaction
| Purchase of 108,000 ordinary shares by a custodian on behalf of the administrator of Mr Cashmore's SIPP. | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£1.101 | 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