TPT Topps Tiles Plc

TIDMTPT

RNS Number : 1952P

Topps Tiles PLC

08 October 2019

Topps Tiles plc

(the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMR")

and

Issued Share Capital and Total Voting Rights

PDMR Transaction

The Company has received notice that, on 4 October 2019 a PDMR, Brian Linnington, exercised nil-cost share options in respect of 40,000 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, the Company received notice that Brian Linnington had sold 40,000 Ordinary Shares in two tranches, 18,840 on 4 October 2019 and 21,160 on 7 October 2019.

Issued Share Capital and Total Voting Rights

The Company also announces that its total issued share capital as at 8 October 2019 is 196,440,971 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in treasury.

To satisfy the Exercise, The Topps Tiles Employee Benefit Trust (the "EBT") was requested to transfer 40,000 Ordinary Shares. Following this transfer the EBT now holds 1,478,694 Ordinary Shares and has waived its right to exercise its voting rights and to receive dividends in respect of these 1,478,694 Ordinary Shares. Accordingly, the total number of voting rights in the Company will be 194,962,277. 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                              Brian Linnington 
2   Reason for the notification 
a)  Position/status                   Managing Director - Commercial 
b)  Initial notification              Initial 
     /Amendment 
3   Details of the issuer, emission allowance market participant, 
     auction platform, auctioneer or auction monitor 
a)  Name                              Topps Tiles PLC 
b)  LEI                               2138009NA4KINTLN7Q97 
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              GB00B185P5K83 
b)  Nature of the transaction         Exercise of nil cost options and sale of shares 
c)  Price(s) and volume(s)               Price                       Volume 
                                     Nil            Exercise of nil cost options over 40,000 
                                     65.000 pence   Sale of 18,840 on 4 October 2019 
                                      65.100 pence   Sale of 21,160 on 7 October 2019 
d)  Aggregated information 
     - Aggregated volume               40,000 ordinary shares 
     - Price                           65.0529 pence 
e)  Date of the transaction           4 October and 7 October 2019 
f)  Place of the transaction           London Stock Exchange 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHFSLFIAFUSELS

(END) Dow Jones Newswires

October 08, 2019 11:49 ET (15:49 GMT)

Topps Tiles (LSE:TPT)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024

Topps Tiles (LSE:TPT)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024