TPT Topps Tiles Plc

TIDMTPT

RNS Number : 8332A

Topps Tiles PLC

26 May 2023

Topps Tiles plc

(the "Company")

PDMR Transaction and Total Voting Rights

PDMR Transaction

The Company has been notified that, on 25 May 2023, Timothy Tatlock, a PDMR, exercised nil-cost share options in respect of 30,000 ordinary shares of 3.33 pence each in the capital of the Company ("Ordinary Shares") in accordance with the rules of the Topps Tiles 2013 Long Term Incentive Plan (the "Exercise"). Following the Exercise he sold on the same date 30,000 Ordinary Shares at a price of 53 pence per share.

Total Voting Rights

The Company's total issued share capital, at the date of this announcement, is 196,681,818 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in treasury.

To satisfy the above Exercise by Timothy Tatlock, The Topps Tiles Employee Benefit Trust (the "EBT") was requested to transfer 30,000 Ordinary Shares. As at the date of this announcement the EBT holds 225,157 Ordinary Shares and has waived its right to exercise its voting rights and to receive dividends in respect of these Ordinary Shares. Accordingly, the total number of voting rights in the Company will be 196,456,661. This figure 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 and Transparency Rules.

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

 
1   Details of the person discharging managerial responsibilities 
     / person closely associated 
 
a)  Name                              Timothy Tatlock 
2   Reason for the notification 
a)  Position/status                   Buying Director (PDMR) 
b)  Initial notification /Amendment   Initial notification 
3   Details of the issuer, emission allowance market participant, 
     auction platform, auctioneer or auction monitor 
a)  Name                              Topps Tiles PLC 
b)  LEI                               2138009NA4K1NTLN7Q97 
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      Ordinary shares of 3.33 pence each 
     instrument, type of instrument 
    Identification Code               GB00B18P5K83 
b)  Nature of the transaction         Exercise of nil cost options and sale of shares 
c)  Price(s) and volume(s)               Price                     Volume 
                                         GBP0.00   30,000 
                                                    nil cost options 
                                                  ------------------------ 
                                         GBP       30,000 
                                          0.53      Shares sold 
                                                  ------------------------ 
    Aggregated information            N/A 
     - Aggregated volume 
     - Price 
e)  Date of the transaction           25 May 2023 
f)  Place of the transaction           Outside a trading venue - nil cost options 
                                        London Stock Exchange - shares sold 
 

Enquiries: Topps Tiles plc

   Joanne Steer, Company Secretary                                             0116 282 8000 

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END

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