Restore PLC Exercise of Options (1772R)
September 19 2017 - 6:18AM
UK Regulatory
TIDMRST
RNS Number : 1772R
Restore PLC
19 September 2017
19 September 2017
Restore plc ("Restore" or the "Company")
Exercise of Options
The Company notifies that Neil Clark, a person discharging
managerial responsibilities of the Company, today exercised 80,000
options over ordinary shares of 5 pence each for a price of 32.5
pence per share, which have been net settled at the closing price
on 18 September 2017, being 561 pence per share.
Accordingly, application has been made for 75,366 ordinary
shares of 5 pence each in the Company ("New Ordinary Shares") to be
admitted to trading on AIM. The New Ordinary Shares will rank
pari-passu with existing ordinary shares and it is expected that
admission will occur at 8.00 a.m. on 25 September 2017.
Following admission of the New Ordinary Shares, the Company's
issued ordinary share capital will consist of 112,889,742 ordinary
shares. The Company does not hold any shares in treasury.
Therefore, the total number of ordinary shares with voting rights
in Restore following Admission will be 112,889,742.
The above figure of 112,889,742 may be used by shareholders 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 Company under the FCA's Disclosure Guidance
and Transparency Rules.
Contact:
Restore plc
Charles Skinner, Chief
Executive 07966 234 075
Adam Councell, Group Finance
Director 07860 402 434
Cenkos Securities plc 020 7397 8900
Nicholas Wells
Elizabeth Bowman
FTI Consulting 020 3727 1340
Nick Hasell
Template for notification and public disclosure of transactions
by persons discharging managerial responsibilities and persons
closely associated with them
1 Details of the person discharging managerial responsibilities
/ person closely associated
---- -----------------------------------------------------------------------------------
a) Name Neil Clark
---- --------------------------------------- ------------------------------------------
2 Reason for the notification
---- -----------------------------------------------------------------------------------
a) Position/status Managing Director - Restore Storage
---- --------------------------------------- ------------------------------------------
b) Initial notification Initial notification
/Amendment
---- --------------------------------------- ------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---- -----------------------------------------------------------------------------------
a) Name Restore plc
---- --------------------------------------- ------------------------------------------
b) LEI 213800CE3EOGYML9AY08
---- --------------------------------------- ------------------------------------------
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 Options over ordinary shares of 5
financial instrument, pence each
type of instrument
----
Identification code GB00B5NR1S72
---- --------------------------------------- ------------------------------------------
b) Nature of the transaction Exercise of options over Ordinary
Shares of 5 pence each
---- --------------------------------------- ------------------------------------------
c) Price(s) and volume(s)
---- ------------------- ------------------
Price(s) Volume(s)
---- ------------------- ------------------
- 75,366
---------------------------------------------------------------- ------------------
d) Aggregated information N/A
----
- Aggregated volume
- Price
e) Date of the transaction 19 September 2017
---- --------------------------------------- ------------------------------------------
f) Place of the transaction Outside trading venue
---- --------------------------------------- ------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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