RNS Number : 7748A

Portmeirion Group PLC

03 June 2021

3 June 2021

Portmeirion Group PLC

(the "Company" and the "Group")

Exercise of Options, Transfer of Treasury Shares and PDMR Shareholdings

The Portmeirion Group 2018 Deferred Incentive Share Option Plan (the "Deferred Plan") Exercises

The Company announces that, on 2 June 2021, the following Executive Directors exercised options which were granted on 21 May 2018 pursuant to the Deferred Plan to subscribe for and retain a total of 4,667 ordinary shares of 5 pence each in the Company ("Ordinary Shares") as detailed below:

                                     Number  Total exercise         Total number      % of Company's 
                                         of           Price          of Ordinary        issued share 
                                    options                          Shares held   capital following 
                                  exercised                   following exercise         exercise of 
                                                                      of options             options 
Mike Raybould, Chief Executive        2,917            GBP1                5,548                0.4% 
Mick Knapper, Operations 
 Director                             1,750            GBP1                5,576                0.4% 

In addition, a former employee of the Company exercised 3,663 options granted on 21 May 2018 under the Deferred Plan.

Accordingly, the Company transferred 8,330 Ordinary Shares on 2 June 2021 from shares held in treasury by the Company in respect of the above exercises.

Following the above transfer of treasury stock, the total number of Ordinary Shares held by the Company in treasury is 218,645 and the Company will have 14,204,087 Ordinary Shares in issue and 13,985,442 Ordinary Shares with voting rights. The figure of 13,985,442 Ordinary Shares may be used by shareholders of Portmeirion Group PLC as the denominator for the calculations to 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 below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.


Notification and public disclosure of transactions by persons discharging managerial responsibilities / person closely associated with them.

 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                             Mike Raybould - Chief Executive 
                                        Mick Knapper - Operations Director 
     -------------------------------  -------------------------------------- 
 2.   Reason for the notification 
 a)   Position/status                  See 1(a) above for all positions 
                                        - all classified as PDMRs of the 
     -------------------------------  -------------------------------------- 
 b)   Initial notification/Amendment   Initial Notification 
     -------------------------------  -------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
 a)   Name                             Portmeirion Group PLC 
     -------------------------------  -------------------------------------- 
 b)   LEI                              2138003QC9J6TLZJHO70 
     -------------------------------  -------------------------------------- 
 3.   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 
 a)   Description of the financial     Ordinary Shares of 5 pence each 
     -------------------------------  -------------------------------------- 
 b)   Identification code              GB0006957293 
     -------------------------------  -------------------------------------- 
 c)   Nature of the transactions       Exercise of options over Ordinary 
     -------------------------------  -------------------------------------- 
 d)   Price(s) and volume(s)           Exercise price of GBP1 per all 2,917 
                                        Deferred Plan options over Ordinary 
                                        Shares exercised by Mike Raybould. 
                                        Exercise price of GBP1 per all 1,750 
                                        Deferred Plan options over Ordinary 
                                        Shares exercised by Mick Knapper. 
     -------------------------------  -------------------------------------- 
 e)        Aggregated information      GBP1 
             *    Aggregated volume     GBP1 
             *    Price 
     -------------------------------  -------------------------------------- 
 f)   Date of the transactions         2 June 2021 
     -------------------------------  -------------------------------------- 
 f)   Place of the transactions        Outside a trading venue 
     -------------------------------  -------------------------------------- 

Name of authorised official of issuer responsible for making notification:

Moira MacDonald

Company Secretary to Portmeirion Group PLC


 Portmeirion Group PLC: 
 Mike Raybould              +44 (0) 1782         mraybould@portmeiriongroup.com 
 Chief Executive 
  David Sproston              +44 (0) 1782         dsproston@portmeiriongroup.com 
 Group Finance Director 
 Hudson Sandler: 
 Dan de Belder              +44 (0) 207 796      ddebelder@hudsonsandler.com 
 Nick Moore                                      nmoore@hudsonsandler.com 
 Panmure Gordon 
  (Nominated Adviser and      +44 (0) 207 886 
  Broker):                    2500 
 Freddy Crossley            Corporate Finance 
 Rupert Dearden             Corporate Broking 
   N+1 Singer                 +44 (0) 207 496 
   (Joint Broker):            3000 
 Peter Steel                Investment Banking 
 Rachel Hayes 

Sebastian Burke

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(END) Dow Jones Newswires

June 03, 2021 09:57 ET (13:57 GMT)

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