Ted Baker PLC Director/PDMR Shareholding (3788T)

TIDMTED

RNS Number : 3788T

Ted Baker PLC

12 October 2017

12 October 2017

Ted Baker Plc

(the "Company")

Notification of Transactions of Person Discharging Managerial Responsibilities

The Company has been notified that on 11 October 2017, Ray Kelvin CBE, Founder & Chief Executive, exercised options under the Company's Long Term Incentive Plan 2013 in respect of 62,527 Ordinary Shares in the Company.

All such shares were pre-placed for sale with independent parties prior to exercise. The shares were placed at a price of 2760 pence per Ordinary Share.

As a result of the transaction, there was no change in the shareholding of Ray Kelvin CBE and as such he holds 15,540,280 Ordinary Shares, representing 35.02% of the Company's issued ordinary share capital.

Ray Kelvin CBE also holds options in respect of a further 76,190 Ordinary Shares under the Company's Long Term Incentive Plan 2013.

The attached notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.

Enquiries:

 
                                     [phone] 
Ted Baker Plc                         4800 
Charles Anderson, Finance Director 
 & Company Secretary 
                                     + 44 (0) 20 
Hudson Sandler                        7796 4133 
Michael Sandler 
 Alex Brennan 
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMRS AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Ray Kelvin CBE 
---  --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Founder & Chief Executive 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/Amendment                            Initial Notification 
---  --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Ted Baker PLC 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       549300HN14450OU4IL77 
---  --------------------------------------------------------  ------------------------------------------------------- 
 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 instrument, type of          Ordinary Shares 
      instrument                                                 GB0001048619 
      Identification code 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 1. Acquisition of Ordinary Shares pursuant to an 
                                                                exercise of options under the Company's Long 
                                                                Term Incentive Plan 2013 
 
                                                                2. Disposal of Ordinary Shares 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)   Volume(s) 
                                                                     ---------  ---------- 
                                                                  1   GBP0.05    62,527 
                                                                     ---------  ---------- 
                                                                  2   GBP27.60   62,527 
                                                                     ---------  ---------- 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information                                    NA 
       - Aggregated volume 
       - Price 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2017-10-11 
---  --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, Main Market (XLON) 
---  --------------------------------------------------------  ------------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 12, 2017 02:00 ET (06:00 GMT)