TIDMCARR

RNS Number : 4752K

Carr's Group PLC

04 January 2021

Carr's Group plc

("Carr's", the "Company", or the "Group")

Director/PDMR Shareholdings

4 January 2021 : The Company has been notified that on 30 December 2020 Tim Davies (Chief Executive Officer) and Neil Austin (Chief Financial Officer) each exercised options over 43,312 and 32,051 ordinary shares of 2.5 pence each in the Company ("Ordinary Shares"), respectively. Such options were granted on 16 November 2018 pursuant to the Carr's Group plc 2018 Deferred Bonus Share Plan.

As a consequence of the exercise, 24,005 Ordinary Shares were transferred to Tim Davies and 17,764 Ordinary Shares were transferred to Neil Austin, representing the net number of Ordinary Shares over which options were exercised, together with Ordinary Shares in lieu of the dividends that would have been paid on such Ordinary Shares since the options were awarded, after the satisfaction by the Company of tax charges arising on exercise of the options.

Subsequent to these transactions, Tim Davies now has an interest in 383,024 Ordinary Shares, representing 0.41% of the Company's issued share capital. Neil Austin now has an interest in 309,493 Ordinary Shares, representing 0.33% of the Company's issued share capital.

The following information is included in accordance with Article 19(3) of the Market Abuse Regulation (No. 596/2014):

 
 1  . Details of the person discharging managerial responsibilities/person closely 
     associated 
 a) Name                                    1. Tim Davies 
                                             2. Neil Austin 
                                           ------------------------------------------- 
 2  . Reason for the notification 
 a) Position/status                         1. Chief Executive Officer 
                                             2. Chief Financial Officer 
                                           ------------------------------------------- 
 b) Initial notification/Amendment          Initial Notification 
                                           ------------------------------------------- 
 3. Details of the issuer, emission allowance market participant, 
  auction platform, auctioneer or auction monitor 
 a) Name                                    Carr's Group plc 
                                           ------------------------------------------- 
 b) LEI                                     213800HTIKPQV98RA653 
                                           ------------------------------------------- 
 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            Ordinary Shares of GBP0.025 
  instrument, type of instrument             each 
                                           ------------------------------------------- 
 b) Identification Code                     GB00BRK01058 
                                           ------------------------------------------- 
 c) Nature of transactions                  Exercise of options over Ordinary 
                                             Shares 
                                           ------------------------------------------- 
 d) Price(s) and Volume(s)                  Price(s)                        Volume(s) 
                                             1. Nil*                         24,005 
                                             2. Nil*                         17,764 
 
                                             *A price of GBP1.5775 
                                              per Ordinary Share 
                                              was used to determine 
                                              the number of Options 
                                              awarded on 16 November 
                                              2018. 
                                           ------------------------------  ----------- 
 e) Aggregated information:                 N/A 
  i. Aggregated volume 
  ii. price 
                                           ------------------------------------------- 
 f) Date of the transaction                 30 December 2020 
                                           ------------------------------------------- 
 g) Place of the transaction                Outside trading venue 
                                           -------------------------------------------

Enquiries:

 
Carr's Group plc 
 Matthew Ratcliffe (Company Secretary)   01228 554 600

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January 04, 2021 08:33 ET (13:33 GMT)

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