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PDMR / PCA Dealing

15 Jan 2025 08:34

RNS Number : 4195T
GSTechnologies Ltd
15 January 2025
 

15 January 2025

GSTechnologies Limited

("GST", the "Company" or the "Group")

PDMR / PCA Dealing

 

GSTechnologies Limited (LSE: GST), the fintech-focused company, announces that Wise Mpay Pte LTD, a company controlled by Jack Bai (Bai GuoJin), Executive Director and CEO of GST, has transferred 100,000,000 Ordinary Shares ("Shares") in the Company to Ong Siew Phek, Jack Bai's wife. Following this transfer, Jack Bai's total shareholding in the Company is 4.16%, his wife's total holding is 6.87% and their combined shareholding remains unchanged.

 

Enquiries:

 

The Company

Tone Goh, Executive Chairman

+65 6444 2988

 

Financial Adviser

First Sentinel Corporate Finance

+44 (0)20 3855 5551

Brian Stockbridge / Gabrielle Cordeiro

 

Broker

CMC Markets

+44 (0)20 3003 8632

Douglas Crippen

 

Financial PR & Investor Relations

IFC Advisory Limited

Tim Metcalfe / Graham Herring / Florence Chandler

+44 20 (0) 3934 6630

 

 

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

Ong Siew Phek

2.

Reason for the Notification

a)

Position/status

Person closely associated with Jack Bai (Bai GuoJin), Director of GSTechnologies Limited

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

Ordinary shares of no par value

Identification Code

VGG4164C1005

b)

Nature of the transaction

Acquisition of ordinary shares

c)

Price(s) and volume(s)

 

Price: nil

Volume: 100,000,000 ordinary shares

d)

Aggregated information:

· Aggregated volume

· Price

 

Single transaction, see details in item (c) above

e)

Date of the transaction

08 January 2025

f)

Place of the Transaction

Outside a trading venue

 

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Wise MPay Pte Ltd

2.

Reason for the Notification

a)

Position/status

Person closely associated with Jack Bai (Bai GuoJin), Director of GSTechnologies Limited

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

Ordinary shares of no par value

Identification Code

VGG4164C1005

b)

Nature of the transaction

Disposal of ordinary shares

c)

Price(s) and volume(s)

 

Price: nil

Volume: 100,000,000 ordinary shares

d)

Aggregated information:

· Aggregated volume

· Price

 

Single transaction, see details in item (c) above

e)

Date of the transaction

08 January 2025

f)

Place of the Transaction

Outside a trading venue

 

 

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