TIDMGYG

RNS Number : 0542X

GYG PLC

24 August 2022

24 August 2022

GYG plc

("GYG", the "Company" or the "Group")

Director/PDMR Shareholding

GYG (AIM: GYG), the market leading superyacht painting, supply and maintenance company, has been notified that on 23 August 2022, Richard McGuire, Independent Non-Executive Chairman of the Company, and Rupert Savage, Chief Commercial Officer of the Company, purchased 324,193 and 350,000 ordinary shares of GBP0.002 each in the capital of the Company ("Ordinary Shares") respectively, at a price of 17 pence per share. The resultant shareholdings of Richard McGuire and Rupert Savage are 324,193 and 3,066,981 Ordinary Shares, representing 0.70% and 6.58% of the total issued share capital respectively.

Details of the transactions can be found in the Notification of Dealing Forms below:

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                                Richard McGuire 
     ----------------------------------  ---------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status                     Independent Non-Executive 
                                           Chairman 
     ----------------------------------  ---------------------------- 
 b)   Initial notification /Amendment     Initial notification 
     ----------------------------------  ---------------------------- 
 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 financial        Ordinary shares of GBP0.002 
       instrument, type of instrument      each 
 
       Identification code 
                                           ISIN Code: GB00BZ4FM652 
     ----------------------------------  ---------------------------- 
 b)   Nature of the transaction           Purchase of Ordinary Shares 
     ----------------------------------  ---------------------------- 
 c)   Price(s) and volume(s)                Price(s)   Volume(s) 
                                             17p        324,193 
                                                       ---------- 
     ----------------------------------  ---------------------------- 
 d)   Aggregated information 
       - Aggregated volume                 N/A - Single transaction 
       - Price 
     ----------------------------------  ---------------------------- 
 e)   Date of the transaction             23 August 2022 
     ----------------------------------  ---------------------------- 
 f)   Place of the transaction            London Stock Exchange, AIM 
                                           (XLON) 
     ----------------------------------  ---------------------------- 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                                Rupert Savage 
     ----------------------------------  ---------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status                     Chief Commercial Officer 
                                           / Director 
     ----------------------------------  ---------------------------- 
 b)   Initial notification /Amendment     Initial notification 
     ----------------------------------  ---------------------------- 
 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 financial        Ordinary shares of GBP0.002 
       instrument, type of instrument      each 
 
       Identification code 
                                           ISIN Code: GB00BZ4FM652 
     ----------------------------------  ---------------------------- 
 b)   Nature of the transaction           Purchase of Ordinary Shares 
     ----------------------------------  ---------------------------- 
 c)   Price(s) and volume(s)                Price(s)   Volume(s) 
                                             17p        350,000 
                                                       ---------- 
     ----------------------------------  ---------------------------- 
 d)   Aggregated information 
       - Aggregated volume                 N/A - Single transaction 
       - Price 
     ----------------------------------  ---------------------------- 
 e)   Date of the transaction             23 August 2022 
     ----------------------------------  ---------------------------- 
 f)   Place of the transaction            London Stock Exchange, AIM 
                                           (XLON) 
     ----------------------------------  ---------------------------- 
 

Ends

For further information, please contact:

 
 GYG plc                                  via FTI Consulting 
  Remy Millott, Chief Executive Officer    Tel: +44 (0) 20 3727 
  Kevin McNair, Chief Financial Officer    1000 
 Singer Capital Markets                   Tel: +44 (0) 20 7496 
  Tom Salvesen                             3000 
  Peter Steel, Amanda Gray 
 FTI Consulting                           Tel: +44 (0) 20 3727 
  Alex Beagley                             1000 
  Fiona Walker                             gyg@fticonsulting.com 
  Rafaella de Freitas 
 

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, Pinmar Yacht Supply, and Technocraft. 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, containment and the removal and repair of fittings

   --      New Build: fairing and painting of new vessels as part of the build process 

-- Supply: the sale and delivery of maintenance materials, consumables, spare parts and equipment primarily to superyachts and trade customers

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END

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August 24, 2022 03:08 ET (07:08 GMT)

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