24 August 2022
GYG plc
("GYG", the "Company" or the "Group")
Director/PDMR Shareholding
GYG (AIM: GYG), the market leading superyacht painting, supply and maintenance company, has been notified that on 23 August 2022, Richard McGuire, Independent Non-Executive Chairman of the Company, and Rupert Savage, Chief Commercial Officer of the Company, purchased 324,193 and 350,000 ordinary shares of £0.002 each in the capital of the Company ("Ordinary Shares") respectively, at a price of 17 pence per share. The resultant shareholdings of Richard McGuire and Rupert Savage are 324,193 and 3,066,981 Ordinary Shares, representing 0.70% and 6.58% of the total issued share capital respectively.
Details of the transactions can be found in the Notification of Dealing Forms below:
|
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Richard McGuire
| ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Independent Non-Executive Chairman
| ||||
| b)
| Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | GYG plc
| ||||
| b) | LEI | 254900QDNKYRS233MM94
| ||||
| 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 £0.002 each
ISIN Code: GB00BZ4FM652
| ||||
| b) | Nature of the transaction | Purchase of Ordinary Shares
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||
| e) | Date of the transaction | 23 August 2022
| ||||
| f) | Place of the transaction | London Stock Exchange, AIM (XLON)
| ||||
|
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Rupert Savage
| ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Commercial Officer / Director
| ||||
| b)
| Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | GYG plc
| ||||
| b) | LEI | 254900QDNKYRS233MM94
| ||||
| 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 £0.002 each
ISIN Code: GB00BZ4FM652
| ||||
| b) | Nature of the transaction | Purchase of Ordinary Shares
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||
| e) | Date of the transaction | 23 August 2022
| ||||
| f) | Place of the transaction | London Stock Exchange, AIM (XLON)
| ||||
Ends
For further information, please contact:
| GYG plc Remy Millott, Chief Executive Officer Kevin McNair, Chief Financial Officer
| via FTI Consulting Tel: +44 (0) 20 3727 1000 |
| Singer Capital Markets Tom Salvesen Peter Steel, Amanda Gray
| Tel: +44 (0) 20 7496 3000 |
| FTI Consulting Alex Beagley Fiona Walker Rafaella de Freitas | Tel: +44 (0) 20 3727 1000 |
Notes to Editors:
GYG is the market leading superyacht painting, supply and maintenance company, offering services globally through operations in the Mediterranean, Northern Europe and the United States. The Company's brands include Pinmar, Pinmar Yacht Supply, and Technocraft. GYG's operations can be divided into three key sales channels:
· Refit: repainting and finishing of superyachts, normally as part of a refit programme. Revenues also include scaffolding, containment and the removal and repair of fittings
· New Build: fairing and painting of new vessels as part of the build process
· Supply: the sale and delivery of maintenance materials, consumables, spare parts and equipment primarily to superyachts and trade customers
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