REG - Connect Group Plc - Director/PDMR Shareholding <Origin Href="QuoteRef">CNCTC.L</Origin>
RNS Number : 3678XConnect Group PLC20 February 2017Connect 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 Jonathan Bunting (Executive Director, Managing Director - Connect News & Media) of 81,925 Deferred Bonus Plan (2014) shares and the subsequent sale of 38,583 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
Jonathan Bunting
2
Reason for the notification
a)
Position/status
Executive Director, Managing Director - Connect News & Media
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 81,925 Deferred Bonus Plan (2014) shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil consideration
81,925
d)
Aggregated information
n/a single transaction
- Aggregated volume
- Price
e)
Date of the transaction
17 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
Jonathan Bunting
2
Reason for the notification
a)
Position/status
Executive Director, Managing Director - Connect News & Media
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 38,583 shares to cover the tax and NI liability arising following exercise of 81,925 Deferred Bonus Plan (2014) shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.405
38,583
d)
Aggregated information
n/a single transaction
- Aggregated volume
- Price
e)
Date of the transaction
17 February 2017
f)
Place of the transaction
London Stock Exchange, Main Market
Alison Painter
Interim Deputy Company Secretary
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHSEIFWSFWSESE
Recent news on Smiths News
See all newsREG - Smiths News PLC - Statement re Tuffnells Parcels Express Pension
AnnouncementREG - Smiths News PLC - Director/PDMR Shareholding
AnnouncementREG - Smiths News PLC - Result of Annual General Meeting
AnnouncementREG - Smiths News PLC - Trading Statement
AnnouncementREG - Smiths News PLC Worsley Investors Ld - Holding(s) in Company
Announcement