Stockomendation Regulatory News Service

RNS For Headlam Group (HEAD)

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Exercise of options & Director/PDMR Shareholding

30/09/2019
RNS Number : 2028O
Headlam Group PLC
30 September 2019
 

30 September 2019

Headlam Group plc

('Headlam' or the 'Company')

 

Exercise of share options and Director/PDMR shareholding

 

Headlam Group plc (LSE: HEAD), Europe's leading floorcoverings distributor, announces that Steve Wilson, Chief Executive, has exercised an option to purchase 7,874 ordinary shares of 5 pence each in the capital of the Company ('Ordinary Shares') at an option price of £3.81 under the Company's Save-As-You-Earn ('SAYE') share option scheme. Following the transaction, Steve Wilson has increased his beneficial shareholding in the Company to 665,146 Ordinary Shares, representing 0.78% of the Company's issued share capital.

7,874 Ordinary Shares were transferred from treasury stock for the purpose of satisfying the above exercise of share options, and following the transfer the Company now holds 568,144 Ordinary Shares as treasury shares.

The total number of Ordinary Shares in issue (excluding shares held as treasury shares) is 84,795,599, with one voting right per share.  Therefore, the total number of voting rights in the Company is 84,795,599.

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Enquiries:

Headlam Group plc

 Tel: 01675 433 000

Steve Wilson, Chief Executive

Chris Payne, Chief Financial Officer

Catherine Miles, Director of Communications

 Email: headlamgroup@headlam.com

Investec Bank plc (Corporate Broker)

Tel: 020 7597 5970

David Flin / Alex Wright

 

Panmure Gordon (UK) Limited (Corporate Broker)

Tel: 020 7886 2500

Erik Anderson / Dominic Morley / Ailsa Macmaster

 

Buchanan (Financial PR and IR)

Tel: 020 7466 5000

Mark Court / Sophie Wills / Toto Berger

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities / persons closely associated with them.

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

 

Steve Wilson 

2.

Reason for the notification

a)

Position/ status

Chief Executive

 

b)

Initial notification / amendment

Initial notification

 

3.

Details of the issuer

a)

Name

Headlam Group plc

 

b)

LEI

213800I4AZZUJEYX9O90

 

 

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

Ordinary shares of £0.05 each. 

b)

Identification code

ISIN: GB0004170089

c)

Nature of the transaction

Acquisition of shares under the Headlam Group SAYE share option scheme

 

 

d)

Price(s) and

volume(s)

Price(s)

Volume(s)

£3.81

7,874

 

e)

Aggregated information

-     Volume

-     Price

N/A

f)

Date of the transaction

30 September 2019

g)

Place of the transaction

London Stock Exchange - XLON

 


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 contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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