Footasylum PLC Notification of PDMR dealing (9149Z)

TIDMFOOT

RNS Number : 9149Z

Footasylum PLC

05 September 2018

5 September 2018

Footasylum plc

("Footasylum" or the "Company")

Notification of PDMR dealing

The Company was notified on 5 September 2018 that Matthew Parrish (PDMR and Operations Director) had purchased 15,835 Ordinary Shares of GBP0.001 each in the Company ("Ordinary Shares") at a price of GBP0.3157 per share. The shares represent 0.01% of the Company's issued share capital. Matthew Parrish also has a share option over 121,951 Ordinary Shares.

The Company publicly discloses the following notifications by PDMR's pursuant to the EU Market Abuse Regulations:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Matthew Parrish 
     --------------------------  ----------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position/status             Operations Director/PDMR 
     --------------------------  ----------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------- 
 a)   Name                        Footasylum plc 
     --------------------------  ----------------------------------------------- 
 b)   LEI                         2138001JV9DY7H8RWE60 
     --------------------------  ----------------------------------------------- 
 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          Ordinary Shares 
       financial instrument, 
       type of instrument 
                                   GB00BYPHD607 
       Identification code 
     --------------------------  ----------------------------------------------- 
 b)   Nature of the transaction   acquisition of ordinary shares 
     --------------------------  ----------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)     Volume(s) 
                                     GBP0.3157    15,835 
                                                 ---------- 
     --------------------------  ----------------------------------------------- 
 d)   Aggregated information        Aggregated Price(s)    Aggregated Volume(s) 
                                     GBP4999.98             15,835 
       - Aggregated volume                                 --------------------- 
 
       - Price 
     --------------------------  ----------------------------------------------- 
 e)   Date of the transaction     5 September 2018 
     --------------------------  ----------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  ----------------------------------------------- 
 

Contacts:

 
 Footasylum plc                                         Tel: [phone] 
  Nancy Kelsall (Company Secretary)                               746 777 
 GCA Altium Limited (Financial Adviser & Nominated   Tel: [phone] 
  Adviser)                                                           4040 
  Phil Adams 
  Sam Fuller 
  Tim Richardson 
 Liberum Capital Limited (Broker)                    Tel: [phone] 
  John Fishley                                                       2222 
  Jill Li 
 Powerscourt (Financial Public Relations)                Tel: +44 (0) 207 
  Rob Greening                                                   250 1446 
  Lisa Kavanagh 
  Isabelle Saber 
 

Customer website: https://www.footasylum.com/

Investor website: http://investors.footasylum.com/

Notes to Editors:

Footasylum is a UK-based fashion retailer focusing on the branded footwear and apparel markets. The Company retails "on-trend" product ranges which are predominantly aimed at 16 to 24 year old fashion-conscious customers and are sourced from an extensive stable of third party and own brands. These include well-known sports and casual footwear and apparel brands, as well as up-and-coming brands and own label products.

Examples of third party brands include: adidas; Nike; The North Face; Gym King; Converse; New Balance; EA7; Vans; Nicce London; Siksilk; Under Armour; and Calvin Klein. Examples of Footasylum's own brands include Kings Will Dream and Alessandro Zavetti.

The Company operates a multi-channel model which combines a 66-strong store estate - in a variety of high street, mall and retail park locations in cities and towns throughout Great Britain - with a fast-growing eCommerce platform and a recently launched wholesale arm for distributing its own brand ranges via a network of partners.

Footasylum was founded in 2005 and the Company's ordinary shares were admitted to trading on AIM in November 2017.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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September 05, 2018 12:51 ET (16:51 GMT)