RNS Number : 6548U GYG PLC

13 July 2018

GYG PLC

NOTIFICATION OF TRANSACTIONS BY DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

("PDMRs")

Directors' Dealings

GYG plc (AIM: GYG), a market leading superyacht painting, supply and maintenance company, announces the following dealings in the Company's ordinary shares of £0.002 each in the Company ("Ordinary Shares") by Rupert Savage, Managing Director, and Richard King, Non-Executive Director. The Company was notified on 13 July 2018.

  • · Rupert Savage purchased 35,500 Ordinary Shares at a price of £0.70 per share. As a result, Mr Savage holds 2,570,731 Ordinary Shares, representing 5.51 per cent. of the issued ordinary share capital of the Company.

  • · Richard King purchased 35,000 Ordinary Shares at a price of £0.705 per share. As a result, Mr King holds 130,000 Ordinary Shares, representing 0.28 per cent. of the issued ordinary share capital of the Company.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail:

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Rupert Savage

2

Reason for the notification

a)

Position/status

Managing 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 instrument, type of instrument

Identification code

Ordinary Shares of £0.002 each

ISIN GB00BZ4FM652

b)

Nature of the transaction

Share purchase

c)

Price(s) and volume(s)

Price(s) £0.70

Volume(s) 35,500

d)

Aggregated information

- Aggregated volume

- Price

Single transaction

e)

Date of the transaction

13 July 2018

f)

Place of the transaction

London Stock Exchange, AIM

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

Enquiries:

GYG plc

via FTI Consulting

Remy Millott, Chief Executive Officer Gloria Fernandez, Chief Financial Officer

Tel: +44 (0) 20 3727 1000

Zeus Capital Limited (NOMAD & Broker)Tel: +44 (0) 20 3829 5000

John Goold (Corporate Broking)

Giles Balleny, Dan Bate (Corporate Finance)

FTI Consulting (Financial PR)

Tel: +44 (0) 20 3727 1000

Alex Beagley

Fiona Walker Laura Saraby

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, Rolling Stock, Pinmar Supply, Pinmar USA, Techno Craft and ACA Marine. 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 and containment work;

  • · New Build: fairing and painting of new vessels as part of the build process; and

  • · Supply: selling and delivery of maintenance materials, consumables, spare parts and equipment primarily to trade customers.

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 contactrns@lseg.com or visitwww.rns.com.

END

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GYG plc published this content on 13 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 July 2018 16:09:01 UTC