13 Feb 2019 15:02
Gordon Dadds Group Plc ("Gordon Dadds" or the "Company")
PDMR/Rule 17 notifications
Gordon Dadds announces changes to the holdings of significant shareholders for the purposes of Rule 17 of the AIM Rules for Companies as a result of its recent placing of 8,217,019 ordinary shares of 1p in the capital of the Company (Placing):
The shareholding of Adrian Biles, CEO, remains unchanged but in consequence of the Placing now represents 20.56% of the Company's issued share capital. The shareholdings of John Biles and Robert Biles also remain unchanged but now represent less than 3% of the Company's issued share capital.
In addition, for the purposes of Article 19 of the Market Abuse Regulation (EU 596/2014), the Company announces that Simon Howard, a non-executive director of the Company, has for personal reasons disposed of interests in 80,000 ordinary shares at £1.40 per share on 12 February 2019.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gordon Dadds Group plc Adrian Biles, Chief Executive Officer Christopher Yates, Chief Financial Officer
| Via Portland |
Arden Partners Nominated Adviser and broker to the Company
| +44 (0) 20 7614 5900 |
Fraser Marshall - Corporate Broking |
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Portland Communications Steffan Williams/Simon Hamer/Lauren Gallagher | +44 (0) 20 7554 1789 |
| Email: gordondadds@portland-communications.com |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with Article 19 of the Market Abuse Regulation
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a)
| Names | Simon Howard | ||||
2
| Reason for the notification | |||||
a)
| Position/status
| Non executive Director - classified as a PDMR of Gordon Dadds Group plc | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a)
| Name
| Gordon Dadds Group plc
| ||||
b)
| LEI | 2138005A5XOTI2MHP510 | ||||
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 1 penny each ("Ordinary Shares") | ||||
b) | Identification code
| GB00BZBY3Y0 | ||||
c)
| Nature of the transaction
| Sale of Ordinary Shares
| ||||
d)
| Price(s) and volume(s) |
| ||||
d)
| Aggregated information - Aggregated volume - Price | 80,000140.00 pence | ||||
e)
| Date of the transaction | 12 February 2019 | ||||
f)
| Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||