Headlam Group PLC Deferred Bonus Plan awards (4585K)
April 10 2018 - 8:15AM
UK Regulatory
TIDMHEAD
RNS Number : 4585K
Headlam Group PLC
10 April 2018
10 April 2018
Headlam Group plc
(the 'Company')
Grant of awards under the Company's Deferred Bonus Plan
On 9 April 2018, Headlam Group plc granted awards in the form of
nil-cost options over a total of 55,922 ordinary shares of 5 pence
each in the Company ('Ordinary Shares') under the Deferred Bonus
Plan ('DBP'), as detailed in the 2017 Annual Report and Accounts,
to the following Executive Directors in relation to the annual
bonus in respect of the 2017 financial year:
Director Number of Ordinary
Shares over which
award granted
--------------------- -------------------
Steve Wilson (Chief
Executive) 29,514
--------------------- -------------------
Tony Judge (Chief
Operating Officer) 26,408
--------------------- -------------------
The DBP was adopted at the 2017 Annual General Meeting. Under
the DBP one-third of any annual bonus amount earned by Executive
Directors is to be deferred into a right to acquire Ordinary Shares
at nil cost. These options may not vest until the second
anniversary of the date on which the annual bonus pay-out is
determined.
Enquiries:
Headlam Group plc Tel: 01675 433 000
Steve Wilson, Chief Executive
Catherine Miles, Director
of Communications
Investec Bank plc (Corporate Tel: 020 7597 5970
Broker)
Garry Levin / David Flin
/ Alex Wright
Buchanan (Financial PR and Tel: 020 7466 5000
IR)
Mark Court / Sophie Wills
/ Catriona Flint
Notes for Editors:
Headlam is Europe's largest distributor of floorcoverings having
grown significantly via organic growth and acquisition since
1992.
Headlam's core business provides the distribution link between
suppliers and customers of floorcoverings, providing suppliers with
the greatest coverage and customer penetration for their products
across the UK and Continental Europe, and customers with the
broadest range of products supported by next day delivery.
The Company is engaged with suppliers across 16 primary
countries whose products cover a significant proportion of the
floorcoverings market including carpet, residential vinyl,
engineered wood, laminate, luxury vinyl tiles, ceramic tiles,
underlay and commercial flooring. The Company's customers are
within both the residential and commercial sectors and comprise
principally independent retailers and flooring contractors.
The Company comprises 64 wholly-owned businesses in the UK and
Continental Europe (UK 60, Continental Europe 4) each operating
under their own trade brand and utilising their individual sales
team which achieves greater market penetration.
Each of the businesses is supported by the Company's centralised
and financial resources and extensive distribution network across
the UK and Continental Europe.
www.headlam.com
Notification and public disclosure of transactions by PDMRs and
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 / Chief Executive
status
--- --------------------- -------------------------------------
b) Initial notification Initial notification
/ amendment
--- --------------------- -------------------------------------
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 Ordinary shares of GBP0.05 each.
of the financial
instrument,
type of instrument
--- --------------------- -------------------------------------
b) Identification GB0004170089
code
--- --------------------- -------------------------------------
c) Nature of Grant of nil-cost options over
the transaction Ordinary Shares under the Company's
Deferred Bonus Plan
--- --------------------- -------------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
N/A 29,514
---------- ----------
--- --------------------- -------------------------------------
e) Aggregated N/A
information
* Volume
* Price
--- --------------------- -------------------------------------
f) Date of the 9 April 2018
transaction
--- --------------------- -------------------------------------
g) Place of the Outside a trading venue
transaction
--- --------------------- -------------------------------------
1. Details of PDMR / person closely associated
with them ("PCA")
--- ------------------------------------------------------------
a) Name Tony Judge
--- --------------------- -------------------------------------
2. Reason for the notification
--- ------------------------------------------------------------
a) Position / Chief Operating Officer
status
--- --------------------- -------------------------------------
b) Initial notification Initial notification
/ amendment
--- --------------------- -------------------------------------
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 Ordinary shares of GBP0.05 each.
of the financial
instrument,
type of instrument
--- --------------------- -------------------------------------
b) Identification GB0004170089
code
--- --------------------- -------------------------------------
c) Nature of Grant of nil-cost options over
the transaction Ordinary Shares under the Company's
Deferred Bonus Plan
--- --------------------- -------------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
N/A 26,408
---------- ----------
--- --------------------- -------------------------------------
e) Aggregated N/A
information
* Volume
* Price
--- --------------------- -------------------------------------
f) Date of the 9 April 2018
transaction
--- --------------------- -------------------------------------
g) Place of the Outside a trading venue
transaction
--- --------------------- -------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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