6 January 2025
("GCON" or the "Company")
PDMR
Shareholding
Global Connectivity plc (AQSE:
GCON), a company focused on communication services and technologies
that enhance connectivity, and a shareholder in leading UK
broadband provider Voneus Limited through its investment in Rural
Broadband Solutions Holdings Limited and a shareholder in
PLUG Group Limited,
announces that the following dealing in
shares by a person discharging managerial
responsibility:
PDMR: Dr Keith Harris
Transaction and Price:
On 31 December 2024, the Director who is the
Executive Chairman, Dr Keith Harris surrendered the 20 million
Ordinary Shares held directly in certificated form, which were then
cancelled by the Company. Dr Keith Harris's SIPP, which is his
pension, then purchased 20 million newly issued Ordinary Shares
simultaneously for a total consideration of £200,000 at 1 penny per
share.
Total shares held by Dr Keith Harris
(and including that of his wife): 36,126,667.
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 329,426,143 as updated
in an announcement on 31 December 2024.
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: Dr Keith Harris
2.Reason for the Notification
a. Position/Status: Executive
Chairman
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: Surrender
of 20 million Ordinary Shares held directly in certificated form,
which were then cancelled by the Company. Dr Keith Harris's SIPP
purchased 20 million newly issued Ordinary Shares
simultaneously.
c.
Price(s) and volume(s):
Price
Volume
£200,000.00
20,000,000
d.
Aggregated information:
Aggregated volume
Price
20,000,000
£200,000.00
e.
Date and time of the transaction: 31/12/2024 at 0830.
f.
Place of the transaction: United
Kingdom
--ENDS--
The information communicated within
this announcement is deemed to constitute inside information as
stipulated under the Market Abuse Regulations (EU) No 596/2014
which is part of UK law by virtue of the European Union
(Withdrawal) Act 2018. Upon publication of this announcement, this
inside information is now considered to be in the public
domain.
The Directors of the Company accept
responsibility for the content of this announcement.
For
more information, contact:
Dr. Keith Harris
Executive Chairman
Global Connectivity plc
Email: info@globalconnectivityplc.com
https://www.globalconnectivityplc.com
Claire Louise Noyce
AQSE Stock Exchange Corporate
Advisor and Corporate Broker
Hybridan LLP
Tel: +44 20 3764 2341
Email: claire.noyce@hybridan.com
www.hybridan.com