TIDMSCS

RNS Number : 7066T

ScS Group PLC

26 March 2021

 
 For Immediate Release   26 March 2021

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 25 March 2021, Gary Kemp, Logistics Director, exercised 19,861 share options. The exercise price of the options is 175p. Gary Kemp then sold 19,861 ordinary shares of GBP0.001 each in the Company ("Ordinary Shares"), at an average price of 238p per Ordinary Share.

The options are being satisfied with shares held in the Group's Employee Benefit Trust.

Following the sale, Gary Kemp and persons closely associated with him are interested in 120,277 Ordinary Shares, representing approximately 0.3 per cent. of the issued share capital of the Company.

Enquiries:

 
 ScS Group PLC                            c/o Buchanan +44 (0)20 7466 
  David Knight, Chief Executive Officer    5000 
  Chris Muir, Chief Financial Officer 
 Buchanan                                 Tel: +44 (0)20 7466 5000 
  Richard Oldworth                         scs@buchanan.uk.com 
  Tilly Abraham 
  Charlotte Slater 
 Shore Capital                            Tel: +44 (0)207 408 4050 
  Patrick Castle 
  James Thomas 
  Sarah Mather

The notification below is provided in accordance with the requirements of the UK Market Abuse Regulations.

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name: Gary Kemp 
     --------------------------------------------------------------------- 
 2.   Reason for the notification 
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 a)   Position/Status: PDMR 
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 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: 213800LOXNVJIB4C7B98 
     --------------------------------------------------------------------- 
 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: 
       (i) Exercise of share options 
       (ii) Sale of shares following the exercise of share options 
     --------------------------------------------------------------------- 
 c)   Price(s) and volume(s): Date             Price(s)   Volume(s) 
        25 March 2021    175p       19,861 
                        ---------  ---------- 
        25 March 2021    238p       19,861 
                        ---------  ---------- 
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 d)   Aggregated information: Aggregate (volume   Aggregate Volume 
         weighted) Price 
        n/a 
                           ----------------- 
     --------------------------------------------------------------------- 
 e)   Date of the transaction: 25 March 2021 
     --------------------------------------------------------------------- 
 f)   Place of the transaction: London Stock Exchange 
     ---------------------------------------------------------------------

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END

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