Director/PDMR Shareholding

NOVAE GROUP PLC

DIRECTORS' SHAREHOLDINGS

1. Name of the issuer

Novae Group plc

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)

(ii)

3. Name of person discharging managerial responsibilities/director

JP Hastings-Bass

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

Person referred to in 3 above

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

Person referred to in 3 above

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary shares of £1.125 each, fully paid

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

Rathbones Nominees Limited

8 State the nature of the transaction

Purchase of Ordinary shares of £1.125 each by JP Hastings-Bass

9. Number of shares, debentures or financial instruments relating to shares acquired

10,000

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.01536%

11. Number of shares, debentures or financial instruments relating to shares disposed

Nil

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

Nil

13. Price per share or value of transaction

All of the shares were purchased at £3.035

14. Date and place of transaction

10 November 2011

15. Total beneficial interest following notification and total percentage beneficial interest following notification (any treasury shares should not be taken into account when calculating percentage)

JP Hastings-Bass' total beneficial interest is 36,666 Ordinary shares of £1.125 each, representing 0.056% of the Issued Ordinary share capital.

16. Date issuer informed of transaction

10 November 2011

Name of contact and telephone number for queries

Mark Turvey 020 7903 7300 

Name and signature of duly authorised officer of issuer responsible for making notification

Mark Turvey, Group Legal Counsel and Company Secretary

Date of notification 

11 November 2011