REG - GB Group PLC - PDMR shareholding, Issue of Ordinary Shares & TVR

GBAnnouncement

10/08/2023 17:00

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RNS Number : 9914I  GB Group PLC  10 August 2023

 

   10 August 2023

 

GB GROUP PLC

("GBG" or the "Company")

 

PDMR shareholding, Issue of Ordinary Shares & Total Voting Rights

 

The Company announces that on 9(th) August 2023 David Ward (CFO) exercised
options over 50,000 ordinary shares of 2.5 pence each in the Company
("Ordinary Shares").

 

To cover the exercise costs and associated taxes Mr Ward sold 28,000 of the
vested Ordinary Shares under the option at a price of 235.5 pence per share on
9 August 2023, retaining the balance of 22,000 shares.

 

Following the options exercise and sale, Mr Ward will have a beneficial
holding of 87,000 Ordinary Shares (which represents 0.03% of the issued share
capital of the Company) and has options over 441,797 Ordinary Shares.

 

Pursuant to this exercise of share options, the Company confirms that
application has been made to the London Stock Exchange for the admission of
50,000 Ordinary Shares to trading on AIM ("Admission"). Admission is expected
to take place at 8.00am on 16(th) August 2023.

 

Following Admission, the Company will have 252,569,220 Ordinary Shares in
issue. There are no shares held in treasury. This figure may be used by
shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in the Company under the Disclosure and Transparency Rules.

 

The information below (set out in accordance with the requirements of EU
Market Abuse Regulation) provides further detail:

 

 1.                    Details of the person discharging managerial responsibilities / person closely
                       associated
 a.                    Name                                      1.   David Ward

 2.                    Reason for the notification
 a.                    Position/status                           1.   CFO

 b.                    Initial notification                      Initial notification

                       /Amendment
 3.                    Details of the issuer, emission allowance market participant, auction
                       platform, auctioneer or auction monitor
 a.                    Name                                      GB Group plc
 b.                    LEI                                       213800RBAFZIBCV7XR29
 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
 b.                    Nature of the transaction                 Acquisition of Ordinary Shares following the exercise of options.
 c.                    Price(s) and volume(s)                     Price(s)   Volume(s)

                                                                 1 2.5p        50,000
 d.                    Aggregated information

   Price(s)   Volume(s)
                       Aggregated volume

                       Price

                                         1 2.5p        50,000

 e.                    Date of the transaction                   9 August 2023
 f.                    Place of the transaction                  London Stock Exchange (XLON); AIM

d.

Aggregated information

Aggregated volume

Price

 

 

     Price(s)   Volume(s)

 1  2.5p        50,000

e.

Date of the transaction

9 August 2023

f.

Place of the transaction

London Stock Exchange (XLON); AIM

 

 1.                    Details of the person discharging managerial responsibilities / person closely
                       associated
 a.                    Name                                                         2.   David Ward

 2.                    Reason for the notification
 a.                    Position/status                                              2.   CFO

 b.                    Initial notification                                         Initial notification

                       /Amendment
 3.                    Details of the issuer, emission allowance market participant, auction
                       platform, auctioneer or auction monitor
 a.                    Name                                                         GB Group plc
 b.                    LEI                                                          213800RBAFZIBCV7XR29
 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 2.5 pence

                       Identification code

                                                                                    GB0006870611
 b.                    Nature of the transaction                                    Sale of Ordinary Shares following exercise of options.
 c.                    Price(s) and volume(s)                                        Price(s)   Volume(s)

                                                                                    1 235.5030p   28,000
 d.                    Aggregated information

   Price(s)   Volume(s)
                       Aggregated volume

                       Price

                                                            1 235.5030p   28,000

 e.                    Date of the transaction                                      9 August 2023
 f.                    Place of the transaction                                     London Stock Exchange (XLON); AIM

d.

Aggregated information

Aggregated volume

Price

 

 

     Price(s)   Volume(s)

 1  235.5030p   28,000

e.

Date of the transaction

9 August 2023

f.

Place of the transaction

London Stock Exchange (XLON); AIM

 

- Ends-

 

For further information, please contact:

 

 GBG

 Annabelle Burton, Company Secretary              +44 (0) 1244 657333

 Richard Foster, Investor Relations               +44 (0) 7816 124164

 Numis (Nominated Adviser and Corporate Broker)

 Simon Willis & Joshua Hughes                      +44 (0) 0207 260 1000

 Barclays (Corporate Broker)

 Robert Mayhew & Stuart Jempson                   +44 (0) 207 6232323

 Website                                          www.gbgplc.com/investors

 

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