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Issue of Equity and PDMR Dealing

24 Oct 2018 17:30

RNS Number : 1013F
Gusbourne PLC
24 October 2018
 

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)

 

 

 

Price(s)

 

Volume(s)

60p

25,000

 

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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