Card Factory PLC Director/PDMR Shareholding (5365G)

TIDMCARD

RNS Number : 5365G

Card Factory PLC

30 May 2017

30 May 2017

Card Factory plc

("Card Factory" or the "Company")

Notification of transactions of directors and persons discharging managerial responsibilities

Card Factory has been notified that on 26 May 2017, the Company's Chairman, Geoff Cooper, exercised an option, granted to him at the time of the Company's IPO in 2014, to acquire 146,666 ordinary shares in the Company at a price of GBP2.25 each ("Option"). In order to fund the subscription costs, income tax and national insurance liability in respect of the exercise of the Option, Mr Cooper subsequently sold 121,170 of these ordinary shares at a price of 336.89p per share. As a result of these transactions, Mr Cooper's beneficial interest in ordinary shares has increased by 25,496 shares, resulting in a holding of 318,828 ordinary shares in the Company.

Full details of the Option have previously been disclosed by the Company and are also set out in the Company's 2017 Annual Report and Accounts (a copy of which is available on the Company's investor relations website www.cardfactoryinvestors.com).

The sale outlined above took place on the London Stock Exchange.

This notification is made in accordance with Article 19 of the Market Abuse Regulation and the Disclosure and Transparency Rules.

Enquiries:

 
 Shiv Sibal             Tel: 01924 
  General Counsel and    839150 
  Company Secretary 
  Card Factory plc 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

May 30, 2017 04:53 ET (08:53 GMT)