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 acquired pursuant to placing | Total holding following admission on 18 April 2019 | Percentage held of enlarged 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 instrument, type of instrument
Identification code | Ordinary shares in discoverIE Group plc
GB0000055888 | ||||||
| b) | Nature of the transaction | Acquisition of shares pursuant to the placing of new Ordinary Shares | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information |
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| 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 instrument, type of instrument
Identification code | Ordinary shares in discoverIE Group plc
GB0000055888 | ||||||
| b) | Nature of the transaction | Acquisition of shares pursuant to the placing of new Ordinary Shares | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information |
| ||||||
| 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 instrument, type of instrument
Identification code | Ordinary shares in discoverIE Group plc
GB0000055888 | ||||||
| b) | Nature of the transaction | Acquisition of shares pursuant to the placing of new Ordinary Shares | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information |
| ||||||
| e) | Date of the transaction | 16 April 2019 | ||||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||||