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Notification of Directors' Interests

5 Aug 2016 16:35

RNS Number : 4556G
GB Group PLC
05 August 2016
 

 

 

5th August 2016

 

GB GROUP PLC

("GBG" or the "Company")

 

Notification of Directors' Interests

 

 

Notification of a transaction by a person discharging managerial responsibilities ("PDMR") in ordinary shares of 2.5p each in the Company.

The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.  

GBG announces that it was notified on 4 August 2016 that David Rasche, Non-executive Chairman of the Company, transferred 19,544 shares to members of his family. Following this notification, Mr Rasche has a beneficial holding of 799,278 ordinary shares in the Company which represents 0.6% of the issued share capital.

1.

Details of the person discharging managerial responsibilities / person closely associated

a.

Name

David Anthony Rasche

2.

Reason for the notification

a.

Position/status

Chairman

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

N/A

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

Transfer of shares to father, brother and son.

c.

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

n/a

19,544

d.

Aggregated information

· Aggregated volume

· Price

 

 

19,544 shares

 

n/a

e.

Date of the transaction

2016-08-04; 05:34 UTC

f.

Place of the transaction

Outside a trading venue

 

 

- Ends-

 

 

For further information, please contact:

GB Group plc

John Constantin, Company Secretary

 

01244 657333

Peel Hunt LLP (Nominated Adviser and Broker)

Richard Kauffer

Euan Brown

 

020 7418 8900

Website

www.gbgplc.com

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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