Notification of Director's Interests

 

 

29 November 2017

 

GB GROUP PLC

("GBG" or the "Company")

 

Notification of Director's Interests

 

 

The Company announces that on 28 November 2017 Dave Wilson, CFO & COO of GBG, exercised options over a total of 100,000 ordinary shares of 25p each in the Company ("Ordinary Shares"), awarded in 2010 under GBG's Executive Share Option Scheme, at an exercise price of 25.75p. He then sold all 100,000 of the resulting Ordinary Shares at a price of 425 pence per share on the same day.

 

Following this notification, Mr. Wilson has options over a maximum of 664,428 Ordinary Shares and continues to have a beneficial holding of 239,725 Ordinary Shares (which represents 0.16% of the issued share capital of the Company).

 

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Dave Wilson
2.	Reason for the notification
a.	Position/status	CFO & COO
b.	Initial notification /Amendment	Initial notification
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 Identification code	Ordinary shares of 2.5 pence   GB0006870611
b.	Nature of the transaction	Acquisition of shares following the exercise of options awarded in 2010 under GBG's Executive Share Option Scheme.
c.	Price(s) and volume(s)	Price(s)   Volume(s) 25.75p 100,000
d.	Aggregated information · Aggregated volume · Price	100,000 25.75p
e.	Date of the transaction	2017-11-28
f.	Place of the transaction	London Stock Exchange (XLON); AIM
5.	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	Ordinary shares of 2.5 pence   GB0006870611
b.	Nature of the transaction	Sale of Shares following exercise of options.
c.	Price(s) and volume(s)	Price(s)   Volume(s) 425p 100,000
d.	Aggregated information · Aggregated volume · Price	100,000 425p
e.	Date of the transaction	2017-11-28
f.	Place of the transaction	London Stock Exchange (XLON); AIM

 

- Ends-

For further information, please contact:

GB Group plc John Constantin, Company Secretary	01244 657333
Peel Hunt LLP (Nominated Adviser and Broker) Edward Knight Nick Prowting	020 7418 8900
Website	www.gbgplc.com