GYG PLC Director/PDMR's Dealing (1530Q)
October 17 2019 - 2:00AM
UK Regulatory
TIDMGYG
RNS Number : 1530Q
GYG PLC
17 October 2019
17 October 2019
The information contained within this announcement is deemed by
the Company to constitute inside information stipulated under the
Market Abuse Regulation (EU) No. 596/2014. Upon the publication of
this announcement via the Regulatory Information Service, this
inside information is now considered to be in the public
domain.
NOTIFICATION OF TRANSACTIONS BY DIRECTORS/PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES ("PDMRs")
Director/PDMR's Dealing
GYG (AIM: GYG), the market leading superyacht painting, supply
and maintenance company, announces the following dealings in the
Company's ordinary shares of GBP0.002 each in the Company
("Ordinary Shares") by Kevin McNair, Director and Chief Financial
Officer and Andrew Clemence, PDMR and Marketing Director. The
Company was notified on 16 October 2019.
Director/PDMR Date of Number Purchase Total % ISC held following
purchase of Shares price Shares purchase
purchased held
Kevin McNair 16 October 2019 40,000 50.0p 40,000 0.09%
Andrew Clemence 16 October 2019 20,000 50.0p 138,883 0.3%
The notification below is made in accordance with the
requirements of the EU Market Abuse Regulation.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Kevin McNair
------------------------- -------------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Director/Chief Financial Officer
------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
------------------------- -------------------------------------
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 Ordinary Shares of GBP0.002 each
of the financial ISIN GB00BZ4FM652
instrument,
type of instrument
Identification
code
------------------------- -------------------------------------
b) Nature of the Purchase of shares
transaction
------------------------- -------------------------------------
c) Price(s) and Price No. of shares
volume(s) 50.0p 40,000
--------------
------------------------- -------------------------------------
d) Aggregated N/A
information
- Aggregated
volume
- Price
------------------------- -------------------------------------
e) Date of the 16 October 2019
transaction
------------------------- -------------------------------------
f) Place of the London Stock Exchange, AIM
transaction
------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
a) Name Andrew Clemence
--------------------- ---------------------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------
a) Position/status Person Discharging Managerial Responsibilities/Marketing
Director
--------------------- ---------------------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------- ---------------------------------------------------------
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 Ordinary Shares of GBP0.002 each
of the financial ISIN GB00BZ4FM652
instrument,
type of instrument
Identification
code
--------------------- ---------------------------------------------------------
b) Nature of the Purchase of shares
transaction
--------------------- ---------------------------------------------------------
c) Price(s) and Price No. of shares
volume(s) 50.0p 20,000
--------------
--------------------- ---------------------------------------------------------
d) Aggregated N/A
information
- Aggregated
volume
- Price
--------------------- ---------------------------------------------------------
e) Date of the 16 October 2019
transaction
--------------------- ---------------------------------------------------------
f) Place of the London Stock Exchange, AIM
transaction
--------------------- ---------------------------------------------------------
For further information:
GYG plc via FTI Consulting
Remy Millott, Chief Executive Officer Tel: +44 (0) 20 3727 1000
Kevin McNair, Chief Financial Officer
Zeus Capital Limited (NOMAD & Broker) Tel: +44 (0) 20 3829 5000
John Goold, Dominic King
Dan Bate, Nick Cowles, Jordan Warburton
FTI Consulting (Financial PR) Tel: +44 (0) 20 3727 1000
Alex Beagley
Fiona Walker
Sam Macpherson
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, Rolling Stock, Pinmar Supply,
Pinmar USA, Techno Craft and ACA Marine. 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 and
containment work;
-- New Build: fairing and painting of new vessels as part of the build process; and
-- Supply: selling and delivery of maintenance materials,
consumables, spare parts and equipment primarily to trade
customers.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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