GYG PLC PDMR Director's Dealings (5208U)
13 Juli 2018 - 8:00AM
UK Regulatory
TIDMGYG
RNS Number : 5208U
GYG PLC
13 July 2018
GYG PLC
NOTIFICATION OF TRANSACTIONS BY DIRECTORS/PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES ("PDMRs")
Director's Dealings
GYG plc (AIM: GYG), a market leading superyacht painting, supply
and maintenance company, announces that it was notified on 12 July
2018 that Remy Millott, Chief Executive Officer, purchased 103,000
ordinary shares of GBP0.002 each in the Company ("Ordinary Shares")
at a price of 72.5p per share.
As a result, Mr Millott holds 3,270,863 Ordinary shares,
representing 7.01 per cent. of the issued ordinary share capital of
the Company.
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide further
detail:
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Remy MILLOTT
------------------------------- --------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Chief Executive 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 of the Ordinary Shares of GBP0.002 each
financial instrument,
type of instrument
Identification code ISIN GB00BZ4FM652
------------------------------- --------------------------------------
b) Nature of the transaction Share purchase
------------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
72.5 pence 103,000
----------
------------------------------- --------------------------------------
d) Aggregated information Single transaction
- Aggregated volume
- Price
------------------------------- --------------------------------------
e) Date of the transaction 12 July 2018
------------------------------- --------------------------------------
f) Place of the transaction London Stock Exchange, AIM
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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.
Enquiries:
GYG plc via FTI Consulting
Remy Millott, Chief Executive Tel: +44 (0) 20 3727
Officer 1000
Gloria Fernandez, Chief Financial
Officer
Zeus Capital Limited (NOMAD Tel: +44 (0) 20 3829
& Broker) 5000
John Goold (Corporate Broking)
Giles Balleny, Dan Bate (Corporate
Finance)
FTI Consulting (Financial PR) Tel: +44 (0) 20 3727
Alex Beagley 1000
Fiona Walker
Laura Saraby
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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