TIDMDSCV

RNS Number : 6551W

discoverIE Group plc

18 April 2019

18 April 2019

discoverIE Group plc

Director/PDMR Shareholding

discoverIE Group plc (LSE : DSCV, "discoverIE" or the "Company"), a leading international designer, manufacturer and supplier of customised electronics was notified of the following transactions in ordinary shares of 5 pence each in the Company ("Ordinary Shares") by Directors of the Company.

Certain Directors have been issued new Ordinary Shares pursuant to the placing announced on 16 April 2019 as set out below. The new Ordinary Shares were issued to Directors on the same terms as other placees, at the placing price of 400 pence per share.

 
 Name                  Ordinary shares          Total holding   Percentage held 
                     acquired pursuant    following admission       of enlarged 
                            to placing       on 18 April 2019      issued share 
                                                                        capital 
 Simon Gibbins                   5,000                262,670              0.33 
                   -------------------  ---------------------  ---------------- 
 Malcolm Diamond                 5,000                 24,907              0.03 
                   -------------------  ---------------------  ---------------- 
 Bruce Thompson                  8,000                 16,000              0.02 
                   -------------------  ---------------------  ---------------- 
 

For further information, please contact:

   Instinctif                                                  0207 457 2020 

Mark Garraway

James Gray

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                               Simon Gibbins 
     ---------------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position / status                  Group Finance Director 
     ---------------------------------  -------------------------------------- 
 b)   Initial notification / amendment   Initial notification 
     ---------------------------------  -------------------------------------- 
 3    Details of issuer 
     ------------------------------------------------------------------------- 
 a)   Name                               discoverIE Group plc 
     ---------------------------------  -------------------------------------- 
 b)   LEI                                213800BMDLQU1VEEAN68 
     ---------------------------------  -------------------------------------- 
 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       Ordinary shares in discoverIE 
       instrument, type of instrument     Group plc 
       Identification code                GB0000055888 
     ---------------------------------  -------------------------------------- 
 b)   Nature of the transaction          Acquisition of shares pursuant 
                                          to the placing of new Ordinary 
                                          Shares 
     ---------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)               Price            Volume 
                                            400 pence per 
                                             share           5,000 
                                                            ------- 
     ---------------------------------  -------------------------------------- 
 d)   Aggregated information               Price        Volume   Total 
                                            400 pence    5,000    GBP20,000.00 
                                             per share 
                                                        -------  ------------- 
     ---------------------------------  -------------------------------------- 
 e)   Date of the transaction            16 April 2019 
     ---------------------------------  -------------------------------------- 
 f)   Place of the transaction           London Stock Exchange, Main 
                                          Market (XLON) 
     ---------------------------------  -------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                Malcolm Diamond 
     ----------------------------------  ----------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position / status                   Non-Executive Chairman 
     ----------------------------------  ----------------------------------- 
 b)   Initial notification / amendment    Initial notification 
     ----------------------------------  ----------------------------------- 
 3    Details of issuer 
     ----------------------------------------------------------------------- 
 a)   Name                                discoverIE Group plc 
     ----------------------------------  ----------------------------------- 
 b)   LEI                                 213800BMDLQU1VEEAN68 
     ----------------------------------  ----------------------------------- 
 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        Ordinary shares in discoverIE 
       instrument, type of instrument      Group plc 
       Identification code                 GB0000055888 
     ----------------------------------  ----------------------------------- 
 b)   Nature of the transaction           Acquisition of shares pursuant 
                                           to the placing of new Ordinary 
                                           Shares 
     ----------------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)                Price            Volume 
                                             400 pence per 
                                              share           5,000 
                                                             ------- 
     ----------------------------------  ----------------------------------- 
 d)   Aggregated information                Price        Volume   Total 
                                             400 pence    5,000    GBP20,000 
                                              per share 
                                                         -------  ---------- 
     ----------------------------------  ----------------------------------- 
 e)   Date of the transaction             16 April 2019 
     ----------------------------------  ----------------------------------- 
 f)   Place of the transaction            London Stock Exchange, Main 
                                           Market (XLON) 
     ----------------------------------  ----------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                               Bruce Thompson 
     ---------------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position / status                  Non-executive Director 
     ---------------------------------  -------------------------------------- 
 b)   Initial notification / amendment   Initial notification 
     ---------------------------------  -------------------------------------- 
 3    Details of issuer 
     ------------------------------------------------------------------------- 
 a)   Name                               discoverIE Group plc 
     ---------------------------------  -------------------------------------- 
 b)   LEI                                213800BMDLQU1VEEAN68 
     ---------------------------------  -------------------------------------- 
 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       Ordinary shares in discoverIE 
       instrument, type of instrument     Group plc 
       Identification code                GB0000055888 
     ---------------------------------  -------------------------------------- 
 b)   Nature of the transaction          Acquisition of shares pursuant 
                                          to the placing of new Ordinary 
                                          Shares 
     ---------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)               Price            Volume 
                                            400 pence per 
                                             share           8,000 
                                                            ------- 
     ---------------------------------  -------------------------------------- 
 d)   Aggregated information               Price        Volume   Total 
                                            400 pence    8,000    GBP32,000.00 
                                             per share 
                                                        -------  ------------- 
     ---------------------------------  -------------------------------------- 
 e)   Date of the transaction            16 April 2019 
     ---------------------------------  -------------------------------------- 
 f)   Place of the transaction           London Stock Exchange, Main 
                                          Market (XLON) 
     ---------------------------------  -------------------------------------- 
 

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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April 18, 2019 06:57 ET (10:57 GMT)

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