TIDMSUS

RNS Number : 9597L

S & U PLC

18 May 2022

18 May 2022

S & U PLC

("S&U" or "the Company")

Exercise of Options, Director/PDMR Shareholding and Total Voting Rights

Exercise of Options

S&U announces that it has today received notice of the exercise of options over ordinary shares of 12.5p in the Company ("Ordinary Shares") granted under the Company's 2010 Long Term Incentive Plan ("LTIP"). Christopher Redford (Group Finance Director) has exercised options over 2,300 Ordinary Shares and has immediately transferred these 2,300 ordinary shares for nil consideration to his wife Tina Redford who is a PCA.

In total, 2,300 Ordinary Shares will be admitted to trading pursuant to an existing block listing and will rank pari pasu with existing Ordinary Shares. Following these transactions, the beneficial shareholding of Christopher Redford is 16,300 Ordinary Shares.

Total Voting Rights

Following the issue of these Ordinary Shares, the total number of voting rights in S&U is 12,149,961. This figure should be used by shareholders and other parties subject to disclosure obligations as the denominator for the calculations by which they determine if they are required to notify their interest in or a change to their interest in the share capital of S&U under the FCA's Disclosure and Transparency rules.

The information set out below is provided in accordance with the requirements of Article 19(3) of the UK Market Abuse Regulation.

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                          Christopher Redford 
     ----------------------------  ------------------------------------- 
      Reason for the notification 
  2 
     ------------------------------------------------------------------- 
 a)   Position/status               Director 
     ----------------------------  ------------------------------------- 
 b)   Initial notification          Initial notification 
       /Amendment 
     ----------------------------  ------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                          S&U PLC 
     ----------------------------  ------------------------------------- 
 b)   LEI                           213800QZ1X2A7J64SQ31 
     ----------------------------  ------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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            ordinary shares of 12.5p each 
       financial instrument, 
       type of instrument 
                                     ISIN : GB0007655037 
       Identification code 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction     Exercise of ordinary shares 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)          Exercise Price(s)    Volume (s) 
                                       12.5 pence           2, 300 
                                                           ----------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information          Exercise Price    Volume 
                                       12.5 pence        2 ,300 
       - Aggregated volume                              ------- 
       - Price 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       18/05/2022 
     ----------------------------  ------------------------------------- 
 f)   Place of the transaction      London Stock Exchange 
     ----------------------------  ------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                              Christopher Redford 
      --------------------------------  ---------------------------------- 
       Reason for the notification 
  2 
      -------------------------------------------------------------------- 
 a)    Position/status                   Director 
      --------------------------------  ---------------------------------- 
 b)    Initial notification              Initial notification 
        /Amendment 
      --------------------------------  ---------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------- 
 a)    Name                              S&U PLC 
      --------------------------------  ---------------------------------- 
 b)    LEI                               213800QZ1X2A7J64SQ31 
      --------------------------------  ---------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                ordinary shares of 12.5p each 
        financial instrument, 
        type of instrument 
                                          ISIN : GB0007655037 
        Identification code 
      --------------------------------  ---------------------------------- 
 b)    Nature of the transaction         T ransfer of ordinary shares 
      --------------------------------  ---------------------------------- 
 c)    Price(s) and volume(s)              Price(s)    Volume (s) 
                                            GBPnil      2 ,300 
                                                       ----------- 
      --------------------------------  ---------------------------------- 
 d)    Aggregated information              Price     Volume 
                                            GBPnil    2,300 
        - Aggregated volume                          ------- 
        - Price 
      --------------------------------  ---------------------------------- 
 e)    Date of the transaction           18/05 /2022 
      --------------------------------  ---------------------------------- 
 f)    Place of the transaction          London Stock Exchange 
      --------------------------------  ---------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                            Tina Redford 
      ------------------------------  ------------------------------------ 
       Reason for the notification 
  2 
      -------------------------------------------------------------------- 
 a)    Position/status                 PCA, wife of Christopher Redford 
      ------------------------------  ------------------------------------ 
 b)    Initial notification            Initial notification 
        /Amendment 
      ------------------------------  ------------------------------------ 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------- 
 a)    Name                            S&U PLC 
      ------------------------------  ------------------------------------ 
 b)    LEI                             213800QZ1X2A7J64SQ31 
      ------------------------------  ------------------------------------ 
       Details of the transaction(s): section to be repeated 
  4     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              ordinary shares of 12.5p each 
        financial instrument, 
        type of instrument 
                                        ISIN: GB0007655037 
        Identification code 
      ------------------------------  ------------------------------------ 
 b)    Nature of the transaction       Receipt of ordinary shares 
      ------------------------------  ------------------------------------ 
 c)    Price(s) and volume(s)            Price(s)    Volume (s) 
                                          GBPnil      2 ,300 
                                                     ----------- 
      ------------------------------  ------------------------------------ 
 d)    Aggregated information            Price     Volume 
                                          GBPnil    2,300 
        - Aggregated volume                        ------- 
        - Price 
      ------------------------------  ------------------------------------ 
 e)    Date of the transaction         18/05 /2022 
      ------------------------------  ------------------------------------ 
 f)    Place of the transaction        London Stock Exchange 
      ------------------------------  ------------------------------------ 
 
 
 Enquiries                           S&U plc          c/o SEC Newgate 
  Anthony Coombs 
 Financial Public Relations 
  Bob Huxford, Molly Gretton, Max 
  Richardson                         SEC Newgate      020 7653 9848 
                                    ---------------  ---------------- 
 Broker 
  Andrew Buchanan, Sam Milford       Peel Hunt LLP    020 7418 8900 
                                    ---------------  ---------------- 
 

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END

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May 18, 2022 06:30 ET (10:30 GMT)

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