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Global Connectivity - PDMR Shareholding

Announcement provided by

Global Connectivity PLC · GCON

24/02/2023 07:00

Global Connectivity - PDMR Shareholding
RNS Number : 9294Q
Global Connectivity PLC
24 February 2023


24 February 2023


Global Connectivity Plc

(the "Company")

PDMR Shareholding


Global Connectivity Plc (AQSE: GCON) announces the following dealing in shares by a person discharging managerial responsibility:

PDMR: Simon Hersh

Transaction and Price: Transfer of 1,000,000 shares on 23 February 2023 to Simon Hersh by a family member for nil consideration. 

Total shares held by Simon Hersh: 2,300,000 representing 0.635% of the Company's entire issued share capital.

These shares shall rank pari passu in all respects with the existing ordinary shares of £0.01 each already in issue.


Following this transfer, the total number of issued shares and the total number of voting rights in the Company is still 361,926,142. The total issued share capital is £3,619, 261.42.


The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further information.


Notification of a Transaction pursuant to Article 19(1) of the UK Market Abuse Regulation:

1.   Details of the person discharging managerial responsibilities/persons closely associated

a.   Name: Simon Hersh


2.   Reason for the Notification

a.   Position/Status: Chief Financial Officer

b.   Initial Notification/Amendment: Initial


3.   Details of Issuer

a.   Name: Global Connectivity Plc

b.   LEI: 213800MCRBNG3UHI1A31


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 (ISIN): Ordinary Shares of £0.01 each/ GB00B16GQJ90

b.   Nature of the transaction: Transfer of 1,000,000 shares on 23rd  February 2023 to Simon Hersh by a family member

c.   Price(s) and volume(s):

Price                         Volume

Nil Consideration   1,000,000

d.   Aggregated information:

Aggregated volume         Price

1,000,000                           Nil Consideration                  

e.   Date and time of the transaction: 23/02/2023 at 3p.m.

f.    Place of the transaction: United Kingdom


The Directors of Global Connectivity Plc accept responsibility for the contents of this announcement.




For further information please contact:


Keith Harris

Executive Chairman

Global Connectivity Plc


Nick Michaels

AQSE Stock Exchange Corporate Adviser  

Alfred Henry Corporate Finance Limited

Tel: +44 (0) 203 772 0021


Claire Louise Noyce

AQSE Stock Exchange Corporate Broker   

Hybridan LLP    

Tel: +44 20 3764 2341



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