Headlam Group PLC Option Exercise and Transfer of Treasury Shares (5994H)
04 Agosto 2021 - 8:47AM
UK Regulatory
TIDMHEAD
RNS Number : 5994H
Headlam Group PLC
04 August 2021
04 August 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 3 August 2021, share options
granted under the 2016, 2018 and 2020 grants of the Headlam Group
Sharesave Scheme ('SAYE'), were exercised at the option prices of
GBP4.002, GBP3.54 and GBP2.27 per share respectively, by certain
employees of the Company.
A total of 16,000 ordinary shares have been transferred from
treasury stock for the purpose of satisfying the exercise of the
share options.
Following the above transfer of treasury stock, the Company
holds 380,127 ordinary shares as treasury shares.
The total number of ordinary shares in issue (excluding shares
held as treasury shares) is 85,259,082 with one voting right per
share. Therefore, the total number of voting rights in the Company
is 85,259,082.
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.
Enquiries:
Headlam Group plc Tel: 01675 433 000
Steve Wilson, Chief Executive Email: headlamgroup@headlam.com
Chris Payne, Chief Financial
Officer
Catherine Miles, Director of
Communications
Investec Bank plc (Corporate Tel: 020 7597 5970
Broker)
David Flin / Alex Wright
Panmure Gordon (UK) Limited Tel: 020 7886 2500
(Corporate Broker)
Erik Anderson / Edward Walsh
/ Ailsa MacMaster
Alma PR (Financial PR) Tel: 020 3405 0205
Susie Hudson / Harriet Jackson headlam@almapr.co.uk
/ Faye Calow
Notes for Editors:
Headlam is Europe's leading floorcoverings distributor,
providing the channel between suppliers and trade customers of
floorcoverings.
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
service through:
-- 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.
www.headlam.com
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END
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(END) Dow Jones Newswires
August 04, 2021 09:47 ET (13:47 GMT)
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