ScS Group PLC Director/PDMR Shareholding (3134E)
May 05 2017 - 3:55AM
UK Regulatory
TIDMSCS
RNS Number : 3134E
ScS Group PLC
05 May 2017
For Immediate Release 5 May 2017
ScS Group plc
("ScS" or the "Company")
Director/PDMR Shareholding
ScS, one of the UK's largest retailers of upholstered furniture
and floorings, has been notified that on 4 May 2017, Kevin Royal,
Managing Director, sold, 49,309 ordinary shares of GBP0.001 each in
the Company ("Ordinary Shares"), at a price of 150.90p per Ordinary
Share.
Following the sale, Kevin Royal and persons closely associated
with him retain no interest in the issued share capital of the
Company.
Enquiries:
Buchanan Tel: +44 (0)20
7466 5000
Richard Oldworth / Jane Glover scs@buchanan.uk.com
/ Madeleine Seacombe
Notes to Editors
ScS is one of the UK's largest retailers of upholstered
furniture and floorings, promoting itself as the "Sofa Carpet
Specialist" seeking to offer value and choice through a wide range
of upholstered furniture and flooring products. The Group's product
range is designed to appeal to a broad customer base with a
mid-market priced offering and currently trades from 100
stores.
The Company's upholstered furniture business specialises
primarily in fabric and leather sofas and chairs. ScS sells a range
of branded products which are not sold under registered trademarks
and a range of branded products which are sold under registered
trademarks owned by ScS (such as Endurance and SiSi Italia). The
Group also offers a range of third party brands (which include
La-Z-Boy, G Plan and Parker Knoll). The Company's flooring business
includes carpets, as well as laminate and vinyl flooring.
In 2014 ScS began to operate the furniture and carpet concession
ranges for the House of Fraser "For Living" brand. ScS currently
operates in 28 House of Fraser stores across the UK.
The notification below is provided in accordance with the
requirements of the EU Market Abuse Regulations.
1. Details of the person discharging managerial
responsibilities/person closely associated
--- -------------------------------------------------------------
a) Name: Kevin Royal
--- -------------------------------------------------------------
2. Reason for the notification
--- -------------------------------------------------------------
a) Position/Status: PDMR
--- -------------------------------------------------------------
b) Initial notification/Amendment: Initial notification
--- -------------------------------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------
a) Name: ScS Group plc
--- -------------------------------------------------------------
b) LEI: N/A
--- -------------------------------------------------------------
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 instrument, type
of instrument: Ordinary shares of 0.1p Identification
code: GB00BRF0TJ56
--- -------------------------------------------------------------
b) Nature of the transaction: Sale of shares
--- -------------------------------------------------------------
c) Price(s) and volume(s): Date Price(s) Volume(s)
------------ --------- ----------
4 May 2017 150.90 49,309
------------ --------- ----------
--- -------------------------------------------------------------
d) Aggregated information: Aggregate (volume Aggregate Volume
weighted) Price
------------------ -----------------
--- -------------------------------------------------------------
e) Date of the transaction: 4 May 2017
--- -------------------------------------------------------------
f) Place of the transaction: London Stock Exchange
--- -------------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHEAPSSESAXEEF
(END) Dow Jones Newswires
May 05, 2017 04:55 ET (08:55 GMT)
Scs (LSE:SCS)
Historical Stock Chart
From Apr 2024 to May 2024
Scs (LSE:SCS)
Historical Stock Chart
From May 2023 to May 2024