Last checked at 1 Oct 2020 07:00
1 October 2020
GRC International Group plc
Director Dealing Notification, Exercise of Optionsand Total Voting Rights
GRC International Group plc (the "Company"), a supplier of cyber security, risk management and compliance products and services announces that Neil Acworth, a director of the Company, sold 353,920 ordinary shares of 0.1 pence in the Company ("Ordinary Shares") at a price of 20 pence per share on 29 September 2020. Mr Acworth has subsequently exercised options over 353,920 Ordinary Shares on 30 September 2020.
Application has been made to the London Stock Exchange for the admission of the 353,920 Ordinary Shares issued. It is anticipated that admission to trading of, and dealings in, the Ordinary Shares will commence on AIM on or around 6 October 2020.
Following the issue of these 353,920 Ordinary Shares, the total number of voting rights in the Company will be 99,931,509 and shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Following the sale of shares and subsequent exercise of options, the number of Ordinary Shares in which Neil Acworth has a beneficial interest over is 1,245,465 Ordinary Shares, representing 1.24 per cent of the current total voting rights of the Company.
Further details on the exercise are included in the notification below, made in accordance with the requirements of the EU Market Abuse Regulation.
Enquiries:
GRC International Group plc | +44 (0) 330 999 0222 |
Alan Calder, Chief Executive Officer Christopher Hartshorne, Finance Director
| |
Grant Thornton UK LLP (Nominated Adviser) | +44 (0) 20 7383 5100 |
Philip Secrett Jen Clarke Seamus Fricker
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Dowgate Capital Limited (Broker) | +44 (0) 20 3903 7715 |
James Serjeant
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1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Neil Acworth | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Executive Director | |||
b)
| Initial notification /Amendment
| Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| GRC International Group plc | |||
b)
| LEI
| 21380035NES3I6H4PB87 | |||
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 shares | |||
Identification code | GB00BG06MV41 | ||||
b)
| Nature of the transaction
| Disposal of Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£0.20 | 353,920 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | |||||
e)
| Date of the transaction
| 29 September 2020 | |||
f)
| Place of the transaction
| London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Neil Acworth | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Executive Director | |||
b)
| Initial notification /Amendment
| Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| GRC International Group plc | |||
b)
| LEI
| 21380035NES3I6H4PB87 | |||
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 shares | |||
Identification code | GB00BG06MV41 | ||||
b)
| Nature of the transaction
| Exercise of options | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£0.1271474 | 353,920 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | |||||
e)
| Date of the transaction
| 30 September 2020 | |||
f)
| Place of the transaction
| Outside a trading venue | |||