| | 10 August 2023 |
GB GROUP PLC
("GBG" or the "Company")
PDMR shareholding, Issue of Ordinary Shares & Total Voting Rights
The Company announces that on 9th August 2023 David Ward (CFO) exercised options over 50,000 ordinary shares of 2.5 pence each in the Company ("Ordinary Shares").
To cover the exercise costs and associated taxes Mr Ward sold 28,000 of the vested Ordinary Shares under the option at a price of 235.5 pence per share on 9 August 2023, retaining the balance of 22,000 shares.
Following the options exercise and sale, Mr Ward will have a beneficial holding of 87,000 Ordinary Shares (which represents 0.03% of the issued share capital of the Company) and has options over 441,797 Ordinary Shares.
Pursuant to this exercise of share options, the Company confirms that application has been made to the London Stock Exchange for the admission of 50,000 Ordinary Shares to trading on AIM ("Admission"). Admission is expected to take place at 8.00am on 16th August 2023.
Following Admission, the Company will have 252,569,220 Ordinary Shares in issue. There are no shares held in treasury. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Disclosure and Transparency Rules.
The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a. | Name | 1. David Ward
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| 2. | Reason for the notification | |||||||
| a. | Position/status | 1. CFO
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| 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 | |||||||
| b. | Nature of the transaction | Acquisition of Ordinary Shares following the exercise of options. | ||||||
| c. | Price(s) and volume(s) |
| ||||||
| d. | Aggregated information Aggregated volume Price
|
| ||||||
| e. | Date of the transaction | 9 August 2023 | ||||||
| f. | Place of the transaction | London Stock Exchange (XLON); AIM | ||||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a. | Name | 2. David Ward
| ||||||
| 2. | Reason for the notification | |||||||
| a. | Position/status | 2. CFO
| ||||||
| 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 | Sale of Ordinary Shares following exercise of options. | ||||||
| c. | Price(s) and volume(s) |
| ||||||
| d. | Aggregated information Aggregated volume Price
|
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| e. | Date of the transaction | 9 August 2023 | ||||||
| f. | Place of the transaction | London Stock Exchange (XLON); AIM | ||||||
- Ends-
For further information, please contact:
| GBG Annabelle Burton, Company Secretary Richard Foster, Investor Relations
|
+44 (0) 1244 657333 +44 (0) 7816 124164 |
| Numis (Nominated Adviser and Corporate Broker) Simon Willis & Joshua Hughes
|
+44 (0) 0207 260 1000 |
| Barclays (Corporate Broker) Robert Mayhew & Stuart Jempson |
+44 (0) 207 6232323
|
| Website | www.gbgplc.com/investors |
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