30 Jun 2017 10:05
Connect Group PLC (the "Company")
Director/PDMR Shareholding
The Company has been notified of the following transactions in the Company's ordinary shares of 5p undertaken by a PDMR. On 29 June 2017, Mr. David Bauernfeind (Executive Director and Chief Financial Officer) was granted options to buy 17,857 shares at an option price of £1.008 per share under the terms of the Connect Group PLC Save As You Earn Plan. The savings term is three years and the options are exercisable between 1 September 2020 and 28 February 2021.
The relevant notification set out below is 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
| David Bauernfeind | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Executive Director, Chief Financial 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
| Grant of options pursuant to the Connect Group PLC Save As You Earn Plan | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£1.008 | 17,857 | ||||
d)
| Aggregated information | n/a single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 29 June 2017 | |||
f)
| Place of the transaction
| Outside of a trading venue | |||
Alison Painter
Interim Deputy Company Secretary