Picture of Smiths News logo

SNWS Smiths News News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsBalancedSmall CapSuper Stock

REG - Connect Group Plc - Director/PDMR Shareholding <Origin Href="QuoteRef">CNCTC.L</Origin>

RNS Number : 6572W
Connect Group PLC
10 February 2017

Connect Group PLC

Director/PDMR Shareholding

Connect Group PLC (the "Company") announces that it has been notified of the following transactions in the Company's ordinary 5p shares undertaken by directors / persons discharging managerial responsibility:

1. Exercise by Mark Cashmore (Executive Director, Group Chief Executive Officer) of 54,669 Deferred Bonus Plan (2014) shares and the subsequent sale of 25,747 ordinary shares to cover the tax and NI liability.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Cashmore

2

Reason for the notification

a)

Position/status

Executive Director, Group Chief Executive Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Connect Group PLC

b)

LEI

2138004033ONVOOQXB02

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 5p shares



Identification code

ISIN: GB00B17WCR61



b)

Nature of the transaction

Exercise of 54,669 Deferred Bonus Plan (2014) shares.

c)

Price(s) and volume(s)







Price(s)

Volume(s)




Nil consideration

54,669







d)

Aggregated information

n/a single transaction



- Aggregated volume




- Price




e)

Date of the transaction

10 February 2017

f)

Place of the transaction

London Stock Exchange, Main Market

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Cashmore

2

Reason for the notification

a)

Position/status

Executive Director, Group Chief Executive Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Connect Group PLC

b)

LEI

2138004033ONVOOQXB02

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 5p shares



Identification code

ISIN: GB00B17WCR61



b)

Nature of the transaction

Sale of 25,747 shares to cover the tax and NI liability arising following exercise of 54,669 Deferred Bonus Plan (2014) shares.

c)

Price(s) and volume(s)







Price(s)

Volume(s)




1.3985

25,747







d)

Aggregated information

n/a single transaction



- Aggregated volume




- Price




e)

Date of the transaction

10 February 2017

f)

Place of the transaction

London Stock Exchange, Main Market

Alison Painter

Interim Deputy Company Secretary


This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHSFSFMSFWSEDE

Recent news on Smiths News

See all news