Headlam Group PLC Option Exercise and Transfer of Treasury Shares.
RNS Number : 7639N
Headlam Group PLC
02 February 2021
02 February 2021
Headlam Group plc
("Headlam" or the "Company")
Exercise of share options / Transfer of treasury shares
Headlam Group plc (LSE: HEAD), Europe's leading distributor of
floorcoverings, announces that, on 2 February 2021, share options
granted under the 2019 grant of the Headlam Group Save-As-You-Earn
('SAYE') share option scheme, were exercised at the option price of
GBP3.59 per share, by certain employees of the Company.
A total of 417 ordinary shares have been transferred from
treasury stock for the purpose of satisfying the exercise of the
Following the above transfer of treasury stock, the Company
holds 527,981 ordinary shares as treasury shares.
The total number of ordinary shares in issue (excluding shares
held as treasury shares) is 85,111,228 with one voting right per
share. Therefore, the total number of voting rights in the Company
The above figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.
Headlam Group plc Tel: 01675 433 000
Steve Wilson, Chief Executive Email: firstname.lastname@example.org
Chris Payne, Chief Financial
Catherine Miles, Director of
Investec Bank plc (Corporate Tel: 020 7597 5970
David Flin / Alex Wright
Panmure Gordon (UK) Limited Tel: 020 7886 2500
Erik Anderson / Dominic Morley
/ Ailsa Macmaster
Alma PR (Financial PR) Tel: 020 3405 0205
Rebecca Sanders-Hewett / Susie Headlam@almapr.co.uk
Hudson / Harriet Jackson
Notes for Editors:
Operating for 28 years, Headlam is Europe's leading
Headlam provides the distribution channel between suppliers and
trade customers of floorcoverings. Working in partnership with
suppliers across the globe manufacturing a diverse range of
floorcovering products and ancillary accessories, Headlam provides
an unparalleled route to market for their products across the UK
and certain Continental European territories.
The utilisation of an outsourced distribution channel enables
manufacturers to focus on their core activities, incur reduced
costs associated with distribution, and benefit from localised
sales, marketing and distribution expertise that provides a more
effective and greater route to market for their products.
To maximize customer and market penetration, and reflecting the
regionalised nature of the marketplace, Headlam comprises 67
individual businesses in the UK and Continental Europe (France, the
Netherlands and Switzerland) each operating under their own unique
trade brand and utilising individual sales teams.
Headlam's extensive customer base, operating within both the
residential and commercial sectors and comprising principally
independent retailers and flooring contractors, receives the
broadest product offering supported by next day delivery as well as
additional marketing and other support.
Headlam's offering is enabled through its unrivalled operating
expertise, long-established supplier and customer relationships,
and comprehensive distribution network. Following years of
considerable investment, Headlam's distribution network currently
comprises four national distribution hubs, 19 regional distribution
centres and a supporting network of smaller warehouse premises,
trade counters, showrooms and specification centres.
In 2019, Headlam worked with 190 suppliers from 19 countries and
fulfilled 5.3 million customer orders.
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(END) Dow Jones Newswires
February 02, 2021 10:36 ET (15:36 GMT)
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