Headlam Group PLC Exercise of options & Director/PDMR Shareholding (2028O)

TIDMHEAD

RNS Number : 2028O

Headlam Group PLC

30 September 2019

30 September 2019

Headlam Group plc

('Headlam' or the 'Company')

Exercise of share options and Director/PDMR shareholding

Headlam Group plc (LSE: HEAD), Europe's leading floorcoverings distributor, announces that Steve Wilson, Chief Executive, has exercised an option to purchase 7,874 ordinary shares of 5 pence each in the capital of the Company ('Ordinary Shares') at an option price of GBP3.81 under the Company's Save-As-You-Earn ('SAYE') share option scheme. Following the transaction, Steve Wilson has increased his beneficial shareholding in the Company to 665,146 Ordinary Shares, representing 0.78% of the Company's issued share capital.

7,874 Ordinary Shares were transferred from treasury stock for the purpose of satisfying the above exercise of share options, and following the transfer the Company now holds 568,144 Ordinary Shares as treasury shares.

The total number of Ordinary Shares in issue (excluding shares held as treasury shares) is 84,795,599, with one voting right per share. Therefore, the total number of voting rights in the Company is 84,795,599.

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

 
Headlam Group plc                              Tel: [phone] 
Steve Wilson, Chief Executive                  Email: [e-mail] 
 Chris Payne, Chief Financial Officer 
 Catherine Miles, Director of Communications 
Investec Bank plc (Corporate Broker)           Tel: [phone] 
David Flin / Alex Wright 
Panmure Gordon (UK) Limited (Corporate         Tel: [phone] 
 Broker) 
Erik Anderson / Dominic Morley 
 / Ailsa Macmaster 
Buchanan (Financial PR and IR)                 Tel: [phone] 
Mark Court / Sophie Wills / Toto 
 Berger 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities / persons closely associated with them.

 
 1.   Details of PDMR / person closely associated with them ("PCA") 
 a)   Name                        Steve Wilson 
     --------------------------  ---------------------------------------------- 
 2.   Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position / status           Chief Executive 
     --------------------------  ---------------------------------------------- 
 b)   Initial notification        Initial notification 
       / amendment 
     --------------------------  ---------------------------------------------- 
 3.   Details of the issuer 
     -------------------------------------------------------------------------- 
 a)   Name                        Headlam Group plc 
     --------------------------  ---------------------------------------------- 
 b)   LEI                         213800I4AZZUJEYX9O90 
     --------------------------  ---------------------------------------------- 
 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 of GBP0.05 each. 
       financial instrument, 
       type of instrument 
     --------------------------  ---------------------------------------------- 
 b)   Identification code         ISIN: GB0004170089 
     --------------------------  ---------------------------------------------- 
 c)   Nature of the transaction   Acquisition of shares under the Headlam Group 
                                   SAYE share option scheme 
     --------------------------  ---------------------------------------------- 
 d)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                   GBP3.81     7,874 
                                              ---------- 
     --------------------------  ---------------------------------------------- 
 e)   Aggregated information      N/A 
        *    Volume 
 
 
        *    Price 
     --------------------------  ---------------------------------------------- 
 f)   Date of the transaction     30 September 2019 
     --------------------------  ---------------------------------------------- 
 g)   Place of the transaction    London Stock Exchange - XLON 
     --------------------------  ---------------------------------------------- 
 

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.

END

MSCZBLFXKKFLBBL

(END) Dow Jones Newswires

September 30, 2019 10:26 ET (14:26 GMT)