Last checked at 4 Mar 2021 11:10
4 March 2021
GRC International Group plc
PDMR Dealing
GRC International Group plc (AIM: GRC) (the "Company") today announces that Neil Acworth, a person discharging managerial responsibilities (PDMR) of the Company, has sold 220,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") in the market, at a price of 24 pence per Ordinary Share (the "Sale").
Separately, Neil sold 82,000 Ordinary Shares at a price of 24 pence per Ordinary Share and then immediately repurchased, into his ISA, 82,000 Ordinary Shares at a price of 24 pence per Ordinary Share to facilitate an ISA transfer (the "ISA Transfer").
Following both the Sale and ISA Transfer, Neil Acworth retains a total beneficial interest in 1,025,465 Ordinary Shares, equivalent to 1.03 per cent. of the Company's total voting rights.
Further details on the Sale and ISA Transfer are included in the notification below, made in accordance with Article 19 of the Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Enquiries
GRC International Group plc Alan Calder (CEO) Chris Hartshorne (Finance Director)
| www.grci.group 033 3800 7000 |
Grant Thornton UK LLP (Nomad) Philip Secrett / Jamie Barklem / Seamus Fricker
| 020 7383 5100 |
Dowgate Capital Limited (Broker) James Serjeant/Nicholas Chambers | 020 3903 7715 |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Neil Acworth | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Employee | |||
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
| Sale of Ordinary Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£0.24 | 220,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | |||||
e)
| Date of the transaction
| 02 March 2021 | |||
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
| Employee | |||
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
| Transfer of 82,000 Ordinary Shares held in the name of Neil Acworth to an ISA owned by Neil Acworth | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£0.24 | 82,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | |||||
e)
| Date of the transaction
| 03 March 2021 | |||
f)
| Place of the transaction
| London Stock Exchange | |||