Quiz PLC Grant of Options (2962T)
July 02 2018 - 8:43AM
UK Regulatory
TIDMQUIZ
RNS Number : 2962T
Quiz PLC
02 July 2018
QUIZ plc
("QUIZ" or the "Company")
Grant of Options
QUIZ (AIM: QUIZ), the omni-channel fast fashion brand, announces
that options over a total of 165,097 Ordinary Shares of 0.3 pence
each ("Ordinary Shares") were granted on 29 June 2018 pursuant to
the Company Share Option Plan and Executive Share Option Plan (the
"Option Plans").
The grant comprises an option over 34,528 Ordinary Shares to
Gerard Sweeney, Chief Financial Officer, and 130,569 options over
Ordinary Shares in aggregate to 20 senior managers.
Following this grant, Gerard Sweeney's interest in Ordinary
Shares amounts to 12,422 Shares representing 0.01% the issued
ordinary share capital of the Company held personally and 196,018
Ordinary Shares under option pursuant to the Options Plans.
The options granted have a vesting period of three years, a
total exercise period of ten years and an exercise price of 188.25
pence per Ordinary Share.
Following these grants, the Company has a total of 1,056,791
Ordinary Shares under option and a Warrant Instrument which allows
for 186,335 Ordinary Shares to be subscribed for 80.5 pence per
Ordinary Share. These arrangements relate to 1,243,126 Shares
representing approximately 1.0% of the issued ordinary share
capital of the Company.
Enquiries:
QUIZ plc Via Hudson Sandler
Tarak Ramzan, Chief Executive
Officer
Gerry Sweeney, Chief Financial
Officer
Sheraz Ramzan, Chief Commercial
Officer
Panmure Gordon
(Nominated Adviser and Sole Broker)
Ben Thorne / Alina Vaskina / Atholl
Tweedie (Corporate Finance)
Erik Anderson (Corporate Broking) +44 (0) 207 886 2500
Hudson Sandler LLP (Public Relations) +44 (0) 207 796 4133
Alex Brennan / Sophie Lister / quiz@hudsonsandler.com
Nelly Akpaka
About QUIZ:
QUIZ is an omni-channel fast fashion brand, specialising in
occasion wear and dressy casual wear.
QUIZ delivers a distinct proposition that empowers its fashion
forward customers to stand out from the crowd.
QUIZ's buying and design teams constantly develop its own
product lines, ensuring the latest glamorous looks at value prices.
This fast, flexible supply chain, together with the winning formula
of style, quality, value and speed-to-market has enabled QUIZ to
grow rapidly into an international brand with more than 300
standalone stores, concessions, franchise stores, wholesale
partners and international online partners in 20 countries. The
Group currently operates 71 standalone stores and 147 concessions
in the UK.
QUIZ operates through an omni-channel, fast fashion business
model, which encompasses online sales, standalone stores,
concessions, international franchises and wholesale
arrangements.
To download images please visit:
http://www.quizgroup.co.uk/media-download-centre/
For further information:
https://www.quizclothing.co.uk/
http://www.quizgroup.co.uk/
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Names Gerard Sweeney
-------------------------- ----------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status Chief Financial Officer
-------------------------- ----------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name QUIZ plc
-------------------------- ----------------------------------------------
b) LEI 213800A3QTOPTGSTNZ78
-------------------------- ----------------------------------------------
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 Ordinary Shares of 0.3p each
financial instrument,
type of instrument
-------------------------- ----------------------------------------------
b) Identification code ISIN: JE00BZ00SF59
-------------------------- ----------------------------------------------
c) Nature of the transaction Grant of options
-------------------------- ----------------------------------------------
d) Price(s) and volume(s) Grant of 34,528 options to acquire shares
at 188.25 pence per Ordinary Share.
-------------------------- ----------------------------------------------
d) Aggregated information Grant of 34,528 options to acquire shares
- Aggregated volume at 188.25 pence per Ordinary Shares at
- Price an aggregate exercise price of GBP64,998.96.
-------------------------- ----------------------------------------------
e) Date of the transaction 29 June 2018
-------------------------- ----------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- ----------------------------------------------
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
DSHLLFSVDLIFIIT
(END) Dow Jones Newswires
July 02, 2018 09:43 ET (13:43 GMT)
Quiz (LSE:QUIZ)
Historical Stock Chart
From Apr 2024 to May 2024
Quiz (LSE:QUIZ)
Historical Stock Chart
From May 2023 to May 2024