REG - Connect Group Plc - Director/PDMR Shareholding

Smiths NewsAnnouncement

08/02/2019 12:20

RNS Number : 5289P
Connect Group PLC
08 February 2019
 


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 Jonathan Bunting (Chief Executive Officer, Smiths News) of 97,649 Deferred Bonus Plan (2016) shares, receipt of 49,077 shares in respect of the dividend equivalent payment and the subsequent sale of 69,103 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
 
 


Chief Executive Officer, Smiths News




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 97,649 Deferred Bonus Plan (2016) shares and receipt of 49,077 shares in respect of the dividend equivalent payment.




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















Nil consideration


146,726






























d)
 


Aggregated information


n/a single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


7 February 2019




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
 
 


Chief Executive Officer, Smiths News




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 69,103 shares to cover the tax and NI liability arising following exercise of 97,649 Deferred Bonus Plan (2016) shares and receipt of 49,077 shares in respect of the dividend equivalent payment.




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















£0.365883


69,103






























d)
 


Aggregated information


n/a single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


7 February 2019




f)
 


Place of the transaction
 
 


London Stock Exchange, Main Market



 
 
Adele Duff
Deputy Company Secretary 
 




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