20 Feb 2017 17:06
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. Exercise by Jonathan Bunting (Executive Director, Managing Director - Connect News & Media) of 81,925 Deferred Bonus Plan (2014) shares and the subsequent sale of 38,583 ordinary shares to cover the tax and NI liability.
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
| Jonathan Bunting
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Executive Director, Managing Director - Connect News & Media | |||
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
| Exercise of 81,925 Deferred Bonus Plan (2014) shares. | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil consideration | 81,925 | ||||
d)
| Aggregated information | n/a single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 17 February 2017 | |||
f)
| Place of the transaction
| London Stock Exchange, Main Market | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Jonathan Bunting
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Executive Director, Managing Director - Connect News & Media | |||
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 38,583 shares to cover the tax and NI liability arising following exercise of 81,925 Deferred Bonus Plan (2014) shares. | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£1.405 | 38,583 | ||||
d)
| Aggregated information | n/a single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 17 February 2017 | |||
f)
| Place of the transaction
| London Stock Exchange, Main Market | |||
Alison Painter
Interim Deputy Company Secretary