ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

RST Restore Plc

219.50
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Restore Plc LSE:RST London Ordinary Share GB00B5NR1S72 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 219.50 218.00 221.00 219.50 219.50 219.50 319,419 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 279M 16.8M 0.1227 17.89 300.55M

Restore PLC Directors' Dealing (4690C)

13/04/2017 11:31am

UK Regulatory


Restore (LSE:RST)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Restore Charts.

TIDMRST

RNS Number : 4690C

Restore PLC

13 April 2017

13 April 2017

Restore plc

("Restore" or the "Company")

Exercise of Options

Directors' Dealing

The Company has applied for 586,358 new ordinary shares of 5 pence each ("New Ordinary Shares") to be admitted to trading on AIM ("Admission"). The New Ordinary Shares are being issued in relation to the exercise today of nil-cost options granted in 2016 under the terms of the 2013 Executive Incentive Plan ("EIP") to the executive directors of the Company. It is expected that Admission will become effective and that dealings will commence in the New Ordinary Shares at 8.00 a.m. on 21 April 2017.

Of the 2,345,431 nil-cost options being exercised, the Company has elected to settle 75% of the value in cash, calculated according to the closing price on Wednesday 12(th) April 2017 of 379.5p. As a result of this, 1,759,073 nil-cost options granted under the EIP have been cancelled, thereby reducing the amount of ongoing share dilution. The executive directors will use part of the cash settlement to fund the tax liability on the remainder of the option exercise referred to in the previous paragraph.

Following the exercise of the options, the executive directors' beneficial shareholdings are now:

 
 Directors'       Number of          Number of        Interest in         Percentage 
  Holdings         Ordinary       New Ordinary    Ordinary Shares           of total 
                Shares held    Shares received          following      voting rights 
                   prior to        as a result          the issue          following 
                   exercise        of exercise    of New Ordinary          the issue 
                 of options         of options             Shares    of New Ordinary 
                                                                              Shares 
 Charles 
  Skinner         1,098,792            439,768          1,538,560              1.36% 
 Adam 
  Councell          145,623            146,590            292,213              0.26% 
 

Following admission of the New Ordinary Shares there will be 112,729,615 ordinary shares in issue and admitted to trading on AIM.

Contact:

 
Restore plc 
Charles Skinner, Chief 
 Executive               07966 234 075 
Adam Councell, Group 
 Finance Director        07860 402 434 
 
Cenkos Securities plc    020 7397 8900 
Nicholas Wells 
Elizabeth Bowman 
 
FTI Consulting           020 3727 1340 
Nick Hasell 
Alex Le May 
 

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ----------------------------------------------------------------- 
 a)    Name                            Charles Skinner 
----  ------------------------------  --------------------------------- 
 2     Reason for the notification 
----  ----------------------------------------------------------------- 
 a)    Position/status                 Chief Executive 
----  ------------------------------  --------------------------------- 
 b)    Initial notification            Initial notification 
        /Amendment 
----  ------------------------------  --------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ----------------------------------------------------------------- 
 a)    Name                            Restore plc 
----  ------------------------------  --------------------------------- 
 b)    LEI                             N/A 
----  ------------------------------  --------------------------------- 
 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                  Ordinary Shares of 5 pence 
        the financial                   each 
        instrument, type 
        of instrument 
---- 
 
       Identification                  GB00B5NR1S72 
        code 
 
 b)    Nature of the                   Exercise of nil cost share 
        transaction                     options 
----  ------------------------------  --------------------------------- 
 c)    Price(s) and volume(s) 
----                                   --------------  -------------- 
                                        Price(s)        Volume(s) 
----                                   --------------  -------------- 
    -                                                   439,768 
   --------------------------------------------------  -------------- 
 
 d)    Aggregated information          N/A 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction         13 April 2017 
----  ------------------------------  --------------------------------- 
 f)    Place of the transaction        Outside trading venue 
----  ------------------------------  --------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  --------------------------------------------------------------- 
 a)    Name                          Charles Skinner 
----  ----------------------------  --------------------------------- 
 2     Reason for the notification 
----  --------------------------------------------------------------- 
 a)    Position/status               Chief Executive 
----  ----------------------------  --------------------------------- 
 b)    Initial notification          Initial notification 
        /Amendment 
----  ----------------------------  --------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  --------------------------------------------------------------- 
 a)    Name                          Restore plc 
----  ----------------------------  --------------------------------- 
 b)    LEI                           N/A 
----  ----------------------------  --------------------------------- 
 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                Ordinary Shares of 5 pence 
        the financial                 each 
        instrument, type 
        of instrument 
---- 
 
       Identification                GB00B5NR1S72 
        code 
 
 b)    Nature of the                 Cancellation of nil cost 
        transaction                   share options 
----  ----------------------------  --------------------------------- 
 c)    Price(s) and volume(s) 
----                                 -----------------  ----------- 
                                      Price(s)           Volume(s) 
----                                 -----------------  ----------- 
    379.5 pence                                          1,319,305 
   ---------------------------------------------------  ----------- 
 
 d)    Aggregated information        N/A 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction       13 April 2017 
----  ----------------------------  --------------------------------- 
 f)    Place of the transaction      Outside trading venue 
----  ----------------------------  --------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ----------------------------------------------------------------- 
 a)    Name                            Adam Councell 
----  ------------------------------  --------------------------------- 
 2     Reason for the notification 
----  ----------------------------------------------------------------- 
 a)    Position/status                 Group Finance Director 
----  ------------------------------  --------------------------------- 
 b)    Initial notification            Initial notification 
        /Amendment 
----  ------------------------------  --------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ----------------------------------------------------------------- 
 a)    Name                            Restore plc 
----  ------------------------------  --------------------------------- 
 b)    LEI                             N/A 
----  ------------------------------  --------------------------------- 
 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                  Ordinary Shares of 5 pence 
        the financial                   each 
        instrument, type 
        of instrument 
---- 
 
       Identification                  GB00B5NR1S72 
        code 
 
 b)    Nature of the                   Exercise of nil cost share 
        transaction                     options 
----  ------------------------------  --------------------------------- 
 c)    Price(s) and volume(s) 
----                                   --------------  -------------- 
                                        Price(s)        Volume(s) 
----                                   --------------  -------------- 
    -                                                   146,590 
   --------------------------------------------------  -------------- 
 
 d)    Aggregated information          N/A 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction         13 April 2017 
----  ------------------------------  --------------------------------- 
 f)    Place of the transaction        Outside trading venue 
----  ------------------------------  --------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  --------------------------------------------------------------- 
 a)    Name                          Adam Councell 
----  ----------------------------  --------------------------------- 
 2     Reason for the notification 
----  --------------------------------------------------------------- 
 a)    Position/status               Group Finance Director 
----  ----------------------------  --------------------------------- 
 b)    Initial notification          Initial notification 
        /Amendment 
----  ----------------------------  --------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  --------------------------------------------------------------- 
 a)    Name                          Restore plc 
----  ----------------------------  --------------------------------- 
 b)    LEI                           N/A 
----  ----------------------------  --------------------------------- 
 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                Ordinary Shares of 5 pence 
        the financial                 each 
        instrument, type 
        of instrument 
---- 
 
       Identification                GB00B5NR1S72 
        code 
 
 b)    Nature of the                 Cancellation of nil cost 
        transaction                   share options 
----  ----------------------------  --------------------------------- 
 c)    Price(s) and volume(s) 
----                                 -----------------  ----------- 
                                      Price(s)           Volume(s) 
----                                 -----------------  ----------- 
    379.5 pence                                          439,768 
   ---------------------------------------------------  ----------- 
 
 d)    Aggregated information        N/A 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction       13 April 2017 
----  ----------------------------  --------------------------------- 
 f)    Place of the transaction      Outside trading venue 
----  ----------------------------  --------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHEAELDFDEXEFF

(END) Dow Jones Newswires

April 13, 2017 06:31 ET (10:31 GMT)

1 Year Restore Chart

1 Year Restore Chart

1 Month Restore Chart

1 Month Restore Chart

Your Recent History

Delayed Upgrade Clock