Headlam Group PLC Option Exercise and Transfer of Treasury Shares
RNS Number : 8301C
Headlam Group PLC
23 June 2021
23 June 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 22 June 2021, share options
granted under the 2020 grant of the Headlam Group Sharesave Scheme
('SAYE'), were exercised at the option price of GBP2.27 per share
respectively, by certain employees of the Company.
A total of 1,762 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 514,474 ordinary shares as treasury shares.
The total number of ordinary shares in issue (excluding shares
held as treasury shares) is 85,124,735 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: email@example.com
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 / Edward Walsh
/ Ailsa MacMaster
Alma PR (Financial PR) Tel: 020 3405 0205
Susie Hudson / Harriet Jackson firstname.lastname@example.org
/ Faye Calow
Notes for Editors:
Headlam is Europe's leading floorcoverings distributor,
providing the channel between suppliers and trade customers of
Headlam works with suppliers across the globe manufacturing a
diverse range of floorcovering products, and provides them with a
cost efficient and effective route to market for their products
into the highly fragmented customer base. Alongside
long-established processing and distribution expertise, suppliers
benefit from Headlam's marketing and customer servicing into the
most extensive customer base.
To maximise customer reach, Headlam operates 66 businesses
across the UK and Continental Europe (France, and the Netherlands).
Each business operates under its own trade brand and utilises
individual sales teams while being supported by the Company's
network and centralised resources.
The Company's customer base covers both the residential and
commercial sectors, with the principal customer groups being
independent retailers and smaller flooring contractors alongside
other groups such as larger retailers, housebuilders, specifiers,
and local authorities.
Headlam is focused on providing customers with a market-leading
-- the broadest product offering;
-- unrivalled product knowledge and tailored solutions;
-- sales team and marketing support;
-- e-commerce support;
-- 'just-in-time' nationwide delivery and collection service; and
-- other support including the provision of credit.
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(END) Dow Jones Newswires
June 23, 2021 04:45 ET (08:45 GMT)
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