Notification and public disclosure of transactions
Performance share plan awards granted to CEO Dev Dhiman and CFO David Ward with performance conditions.
- Maximum shares awarded to Dev Dhiman 448,583
- Maximum shares awarded to David Ward 314,095
- Performance period 1 April 2025 - 31 March 2028
- Exercise price per share 2.5p (Nominal Value)
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The Board of GBG announces that it has granted awards over ordinary shares of 2.5p each in the Company (Ordinary Shares) under the Performance Share Plan to Dev Dhiman and David Ward.
The awards are set out in the table below. The awards reflect the maximum number of Ordinary Shares over which the awards may be exercised. The actual number will depend upon the extent that the performance conditions are met. The awards are subject to adjustment, malus and clawback, and a 2 year holding period.
| Name of Executive Director | Performance Period of Award | Maximum number of shares subject to award | Price payable | ||||
| Dev Dhiman | 1 April 2025 - 31 March 2028 | 448,583 | Nominal Value (2.5p per share) | ||||
| David Ward | 1 April 2025 - 31 March 2028 | 314,095 | Nominal Value (2.5p per share) | ||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||||||
| a. | Name | 1. Dev Dhiman 2. David Ward | |||||
| 2. | Reason for the notification | ||||||
| a. | Position/status | 1. Chief Executive Officer 2. Chief Finance Officer | |||||
| b. | Initial notification /Amendment | Initial notification | |||||
| a. | Name | GB Group plc | |||||
| b. | LEI | 213800RBAFZIBCV7XR29 | |||||
| a. | Description of the financial instrument, type of instrument Identification code | Options over Ordinary shares of 2.5 pence GB0006870611 | |||||
| b. | Nature of the transaction | Grant of options under the Performance Share Plan | |||||
| c. | Price(s) and volume(s) |
.5 448,583 2 2.5 314,095 | |||||
| d. | Aggregated information Aggregated volume Price |
.5 448,583 2 2.5 314,095 | |||||
| f. | Place of the transaction | Outside of a trading venue |
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