Restore PLC Director/PDMR Shareholding (1323K)
April 06 2018 - 5:50AM
UK Regulatory
TIDMRST
RNS Number : 1323K
Restore PLC
06 April 2018
6 April 2018
Restore plc
("Restore" or the "Company")
Exercise of Options and Directors' Dealing
The Company announces that, following an exercise of nil-cost
options yesterday by the executive directors of the Company under
the terms of the 2013 Executive Incentive Plan, application has
been made for 800,000 new ordinary shares of 5 pence each ("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 11
April 2018.
In conjunction with the above exercise of options, Charles
Skinner and Adam Councell, the executive directors of the Company,
have today sold their New Ordinary Shares for a price of 530 pence
per share. As a result of these transactions, the executive
directors' beneficial shareholdings are as follows:
Executive Director* Existing New Ordinary New Ordinary Resultant Percentage
Ordinary Shares Shares Ordinary of enlarged
Shares received sold Shares issued
held held share
capital
Charles Skinner 1,538,560 600,000 600,000 1,538,560 1.2%
Adam Councell 292,213 200,000 200,000 292,213 0.2%
*includes shareholdings of the executive directors and persons
closely associated with the executive directors
Following admission of the New Ordinary Shares, the Company's
issued ordinary share capital will comprise 113,781,086 Ordinary
Shares, of which none are held in treasury. Therefore, the total
number of ordinary shares with voting rights in Restore following
admission will be 113,781,086, which 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 Charles Skinner
---- ------------------------------ -----------------------------------
2 Reason for the notification
---- -------------------------------------------------------------------
a) Position/status Chief Executive
---- ------------------------------ -----------------------------------
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 Options over ordinary shares
the financial of 5 pence each
instrument, type
of instrument
----
Identification GB00B5NR1S72
code
---- ------------------------------ -----------------------------------
b) Nature of the Exercise of options
transaction
---- ------------------------------ -----------------------------------
c) Price(s) and volume(s)
---- --------------- ---------------
Price(s) Volume(s)
---- --------------- ---------------
- 600,000
--------------------------------------------------- ---------------
d) Aggregated information
----
- Aggregated volume 600,000
- Price -
e) Date of the transaction 5 April 2018
---- ------------------------------ -----------------------------------
f) Place of the transaction Outside trading venue
---- ------------------------------ -----------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
---- ------------------------------------------------------------------
a) Name Charles Skinner
---- ----------------------------- -----------------------------------
2 Reason for the notification
---- ------------------------------------------------------------------
a) Position/status Chief Executive
---- ----------------------------- -----------------------------------
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 Options over ordinary shares
the financial of 5 pence each
instrument, type
of instrument
----
Identification GB00B5NR1S72
code
---- ----------------------------- -----------------------------------
b) Nature of the Sale of Ordinary Shares
transaction
---- ----------------------------- -----------------------------------
c) Price(s) and volume(s)
---- ---------------- --------------
Price(s) Volume(s)
---- ---------------- --------------
530 pence 600,000
--------------------------------------------------- --------------
d) Aggregated information
----
- Aggregated volume 600,000
- Price GBP3,180,000
e) Date of the transaction 6 April 2018
---- ----------------------------- -----------------------------------
f) Place of the transaction AIMX
---- ----------------------------- -----------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
---- -------------------------------------------------------------------
a) Name Adam Councell
---- ------------------------------ -----------------------------------
2 Reason for the notification
---- -------------------------------------------------------------------
a) Position/status Group Finance Director
---- ------------------------------ -----------------------------------
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 Options over ordinary shares
the financial of 5 pence each
instrument, type
of instrument
----
Identification GB00B5NR1S72
code
---- ------------------------------ -----------------------------------
b) Nature of the Exercise of options
transaction
---- ------------------------------ -----------------------------------
c) Price(s) and volume(s)
---- --------------- ---------------
Price(s) Volume(s)
---- --------------- ---------------
- 200,000
--------------------------------------------------- ---------------
d) Aggregated information
----
- Aggregated volume 200,000
- Price -
e) Date of the transaction 5 April 2018
---- ------------------------------ -----------------------------------
f) Place of the transaction Outside trading venue
---- ------------------------------ -----------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
---- ------------------------------------------------------------------
a) Name Adam Councell
---- ----------------------------- -----------------------------------
2 Reason for the notification
---- ------------------------------------------------------------------
a) Position/status Group Finance Director
---- ----------------------------- -----------------------------------
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 Options over ordinary shares
the financial of 5 pence each
instrument, type
of instrument
----
Identification GB00B5NR1S72
code
---- ----------------------------- -----------------------------------
b) Nature of the Sale of Ordinary Shares
transaction
---- ----------------------------- -----------------------------------
c) Price(s) and volume(s)
---- ---------------- --------------
Price(s) Volume(s)
---- ---------------- --------------
530 pence 200,000
--------------------------------------------------- --------------
d) Aggregated information
----
- Aggregated volume 600,000
- Price GBP1,060,000
e) Date of the transaction 6 April 2018
---- ----------------------------- -----------------------------------
f) Place of the transaction AIMX
---- ----------------------------- -----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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