Global Connectivity - PDMR Shareholding

Global Connectivity

24/02/2023 07:00

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RNS Number : 9294Q  Global Connectivity PLC  24 February 2023

 

24 February 2023

 

Global Connectivity Plc

(the "Company")

PDMR Shareholding

 

Global Connectivity Plc (AQSE: GCON) announces the following dealing in shares
by a person discharging managerial responsibility:

PDMR: Simon Hersh

Transaction and Price: Transfer of 1,000,000 shares on 23 February
2023 to Simon Hersh by a family member for nil consideration.

Total shares held by Simon Hersh: 2,300,000 representing 0.635% of the
Company's entire issued share capital.

These shares shall rank pari passu in all respects with the existing ordinary
shares of £0.01 each already in issue.

 

Following this transfer, the total number of issued shares and the total
number of voting rights in the Company is still 361,926,142. The total issued
share capital is £3,619, 261.42.

 

The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, provides further information.

 

Notification of a Transaction pursuant to Article 19(1) of the UK Market Abuse
Regulation:

1.   Details of the person discharging managerial responsibilities/persons
closely associated

a.   Name: Simon Hersh

 

2.   Reason for the Notification

a.   Position/Status: Chief Financial Officer

b.   Initial Notification/Amendment: Initial

 

3.   Details of Issuer

a.   Name: Global Connectivity Plc

b.   LEI: 213800MCRBNG3UHI1A31

 

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 (ISIN): Ordinary Shares of £0.01 each/
GB00B16GQJ90

b.   Nature of the transaction: Transfer of 1,000,000 shares on 23(rd)
 February 2023 to Simon Hersh by a family member

c.   Price(s) and volume(s):

Price                         Volume

Nil Consideration   1,000,000

d.   Aggregated information:

Aggregated volume         Price

1,000,000                           Nil Consideration
 

e.   Date and time of the transaction: 23/02/2023 at 3p.m.

f.    Place of the transaction: United Kingdom

 

The Directors of Global Connectivity Plc accept responsibility for the
contents of this announcement.

 

END

 

For further information please contact:

 

Keith Harris

Executive Chairman

Global Connectivity Plc

www.globalconnectivityplc.com (http://www.globalconnectivityplc.com)

 

Nick Michaels

AQSE Stock Exchange Corporate Adviser

Alfred Henry Corporate Finance Limited

www.alfredhenry.com (http://www.alfredhenry.com)

Tel: +44 (0) 203 772 0021

 

Claire Louise Noyce

AQSE Stock Exchange Corporate Broker

Hybridan LLP

claire.noyce@hybridan.com (mailto:claire.noyce@hybridan.com)

www.hybridan.com (http://www.hybridan.com)

Tel: +44 20 3764 2341

 

 

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