Last checked at 29 Nov 2017 17:44
| 29 November 2017 |
GB GROUP PLC
("GBG" or the "Company")
Notification of Director's Interests
The Company announces that on 28 November 2017 Dave Wilson, CFO & COO of GBG, exercised options over a total of 100,000 ordinary shares of 25p each in the Company ("Ordinary Shares"), awarded in 2010 under GBG's Executive Share Option Scheme, at an exercise price of 25.75p. He then sold all 100,000 of the resulting Ordinary Shares at a price of 425 pence per share on the same day.
Following this notification, Mr. Wilson has options over a maximum of 664,428 Ordinary Shares and continues to have a beneficial holding of 239,725 Ordinary Shares (which represents 0.16% of the issued share capital of the Company).
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Dave Wilson | ||||
2. | Reason for the notification | |||||
a. | Position/status | CFO & COO | ||||
b. | Initial notification /Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | GB Group plc | ||||
b. | LEI |
213800RBAFZIBCV7XR29 | ||||
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 Identification code | Ordinary shares of 2.5 pence
GB0006870611 | ||||
b. | Nature of the transaction | Acquisition of shares following the exercise of options awarded in 2010 under GBG's Executive Share Option Scheme. | ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
100,000 25.75p | ||||
e. | Date of the transaction | 2017-11-28 | ||||
f. | Place of the transaction | London Stock Exchange (XLON); AIM | ||||
5. | 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 Identification code | Ordinary shares of 2.5 pence
GB0006870611 | ||||
b. | Nature of the transaction | Sale of Shares following exercise of options. | ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
100,000 425p | ||||
e. | Date of the transaction | 2017-11-28 | ||||
f. | Place of the transaction | London Stock Exchange (XLON); AIM | ||||
- Ends-
For further information, please contact:
GB Group plc John Constantin, Company Secretary
| 01244 657333 |
Peel Hunt LLP (Nominated Adviser and Broker) Edward Knight Nick Prowting
| 020 7418 8900 |
Website | www.gbgplc.com |