Last checked at 24 Oct 2018 17:30
24 October 2018
Gusbourne Plc
("Gusbourne", the "Company" or the "Group")
Issue of Equity & PDMR Dealings
The Company announces that it has issued 75,000 new ordinary shares of 1p each ("New Shares") pursuant to an exercise of warrants by certain investors in the Company. Of these, James Arbuthnot, Non-Executive Director, exercised 25,000 warrants. All warrants were exercised at 60p per share.
An application has been made for the New Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur on 30 October 2018. Following Admission, the Company will have 45,663,683 ordinary shares in issue admitted to trading on AIM. Following Admission, Mr Arbuthnot will have a total beneficial interest in 106,360 ordinary shares.
Further information is disclosed below in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation.
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a)
| Name
| James Arbuthnot | ||||
2
| Reason for the notification
| |||||
a)
| Position/status | Non-Executive Director | ||||
b)
| Initial notification /Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Gusbourne plc | ||||
b)
| LEI | 2138006K652TIS2UN864 | ||||
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
| Warrants over ordinary shares of 1p each in Gusbourne plc
ISIN: GB00B8TS4M09
| ||||
b)
| Nature of the transaction
| Exercise of warrants | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A - single transaction | ||||
e)
| Date of the transaction
| 24 October 2018 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
Enquiries:
Gusbourne Plc
Charlie Holland +44 (0)1233 758 666
Cenkos Securities plc
Nicholas Wells / Callum Davidson +44 (0)20 7397 8920
Note: This announcement and other press releases are available to view at the Company's website: www.gusbourneplc.com