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Director Share Purchase

1 Feb 2021 14:45

RNS Number : 5992N
GSTechnologies Ltd
01 February 2021
 

1 February 2021

 

GSTechnologies Limited

 

("GST" or the "Company")

 

Director Share Purchase

GSTechnologies Limited (LSE: GST), the integrated information and communication technology infrastructure solutions provider, announces that Malcolm Groat, a Non-executive Director of the Company, has notified the Company that he has today purchased 1,000,000 ordinary shares of no par value in the Company ("Ordinary Shares"), at a price of 0.5749 pence per Ordinary Share.

Following this transaction, further detailed in the disclosure table below, Mr Groat's interest in the share capital of the Company is now 1,000,000 Ordinary Shares, representing approximately 0.08 per cent. of the Company's issued share capital.

Enquiries:

The Company

Tone Goh, Executive Chairman

Singapore

+65 6444 2988

Financial PR & Investor Relations

IFC Advisory Limited

Tim Metcalfe / Graham Herring / Florence Chandler

London

+44 20 3934 6630

About GST

GST provides optimal wireless, electronic cabling, security, and other solutions to clients operating in the infrastructure development space. GST builds on the profitable ICT business of its Singaporean subsidiary EMS Wiring Systems, which has been supplying governments and large private organisations with intelligent building solutions for the last 30 years. GST's strategy is to develop solutions to meet the needs of the ICT industry, acting on the surging opportunities in the technology and innovation sectors - data centres, intelligent buildings, smart cities and the Internet of Things - particularly targeting emerging markets where the demand for ICT infrastructure is increasing rapidly.

For more information please see: https://gstechnologies.co.uk/

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them. 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Malcolm Groat

2

Reason for the notification

a)

Position/status

Non-executive Director

b)

Initial notification/ Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

GSTechnologies Limited

b)

LEI

213800NWJ4UQG2R3X823

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 no par value

 

VGG3961R1047

b)

Nature of the transaction

Purchase of ordinary shares

c)

Price(s) and volume(s)

 

Price(s) Volume(s)

0.5749 pence 1,000,000

d)

Aggregated information

- Aggregated volume

- Price

 

1,000,000

£5,794.00

e)

Date of the transaction

1 February 2021

f)

Place of the transaction

London Stock Exchange

 

 

 

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