Bonmarche Holdings PLC Exercise of Options and Director Dealing (0178Y)

TIDMBON

RNS Number : 0178Y

Bonmarche Holdings PLC

16 August 2018

16 August 2018

Bonmarché Holdings plc

("Bonmarché" or the "Company")

Exercise of Options and Director Dealing

Bonmarché, one of the UK's largest women's value retailers, announces that it was informed on 15 August 2018 that Helen Connolly, Chief Executive Officer, exercised share awards over ordinary shares of 1.0 pence each in the capital of the Company ("Ordinary Shares") as outlined below:

 
 Number of Options   Vesting Date 
     Exercised 
  (Joining Awards) 
      31,191         1 March 2018 
                    ------------- 
 

On 15 August 2018, Helen Connolly sold 14,691 shares at a price of 1.12 pence per Ordinary Share to fund the tax liability due as a result of the exercised share awards. Following this transaction, Helen Connolly has an interest in a total of 42,542 Ordinary Shares, representing approximately 0.09 per cent. of the Company's issued share capital.

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                               Helen Connolly 
      ---------------------------------  -------------------------------- 
 2     Reason for notification 
      ------------------------------------------------------------------- 
 a)    Position / status                  Chief Executive Officer 
      ---------------------------------  -------------------------------- 
 b)    Initial notification               Initial notification 
        / Amendment 
      ---------------------------------  -------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------- 
 a)    Name                               Bonmarché Holdings plc 
      ---------------------------------  -------------------------------- 
 b)    LEI                                213380022WC23QGTTAF58 
      ---------------------------------  -------------------------------- 
 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 1 pence each 
        instrument, type of instrument. 
 
        Identification code 
                                           GB00BF8H6F45 
      ---------------------------------  -------------------------------- 
 b)    Nature of the transaction         Exercise of share awards 
      ---------------------------------  -------------------------------- 
 c)    Price(s) and volumes(s)            Price(s)    Volumes(s) 
                                          Nil         31,191 
                                          ----------  ----------- 
      ---------------------------------  -------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume             N/A 
 
 
         *    Price 
      ---------------------------------  -------------------------------- 
  e)   Date of the transaction            15 August 2018 
      ---------------------------------  -------------------------------- 
 f)    Place of the transaction           Outside of a trading value 
      ---------------------------------  -------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                               Helen Connolly 
      ---------------------------------  -------------------------------- 
 2     Reason for notification 
      ------------------------------------------------------------------- 
 a)    Position / status                  Chief Executive Officer 
      ---------------------------------  -------------------------------- 
 b)    Initial notification               Initial notification 
        / Amendment 
      ---------------------------------  -------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------- 
 a)    Name                               Bonmarché Holdings plc 
      ---------------------------------  -------------------------------- 
 b)    LEI                                213380022WC23QGTTAF58 
      ---------------------------------  -------------------------------- 
 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 1 pence each 
        instrument, type of instrument. 
 
        Identification code 
                                           GB00BF8H6F45 
      ---------------------------------  -------------------------------- 
 b)    Nature of the transaction         Sale of Ordinary Shares 
      ---------------------------------  -------------------------------- 
 c)    Price(s) and volumes(s)            Price(s)     Volumes(s) 
                                          1.12 pence   14,691 
                                          -----------  ----------- 
      ---------------------------------  -------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume             N/A 
 
 
         *    Price 
      ---------------------------------  -------------------------------- 
  e)   Date of the transaction            15 August 2018 
      ---------------------------------  -------------------------------- 
 f)    Place of the transaction           LSE 
      ---------------------------------  -------------------------------- 
 

Enquiries:

 
 Bonmarché Holdings plc        c/o FTI [phone] 
  Caroline Farbridge, Company 
  Secretary 
 FTI Consulting - Communications 
  adviser 
  Jonathon Brill 
  Eleanor Purdon                            [phone] 
 

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August 16, 2018 04:35 ET (08:35 GMT)