Restore PLC Director/PDMR Shareholding (8683O)

TIDMRST

RNS Number : 8683O

Restore PLC

04 October 2019

4 October 2019

Restore plc

Grant of LTIP Share Options

Director/PDMR Shareholding

Restore plc (AIM: RST), the UK leader in document management and business relocation services, announces that on 1 October 2019, Neil Ritchie, Chief Financial Officer, was granted 110,295 nil-cost options over ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") under the Restore plc Long Term Incentive Plan 2018 (the "2018 LTIP"). Full details of the 2018 LTIP are set out in the Company's 2018 Report and Accounts.

Following the award set out above, the executive Directors' beneficial interest in the Company is set out below:

 
 PDMR            Position           Number of 2018   Number of Ordinary 
                                             LTIPs               Shares 
 Charles         Chief Executive 
  Bligh           Officer                  253,840               16,802 
                 Chief Financial 
 Neil Ritchie     Officer                  110,295                6,000 
 

For further information please contact:

 
 Restore plc                       www.restoreplc.com 
 Charles Bligh, Chief Executive 
  Officer                          020 7409 2420 
 
 Peel Hunt LLP                     www.peelhunt.com 
 Mike Bell                         020 7418 8900 
 Guy Wiehahn 
 Ed Allsopp 
 
 FTI Consulting                    www.fticonsulting.com 
 Nick Hasell                       020 3727 1340 
 Alex Le May 
 

The information below (set out in accordance with the requirements of the EU Market Abuse Regulation) provides further detail:

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                     Neil Ritchie 
      ---------------------------------------  ------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------ 
 a)    Position/status                          Chief Financial Officer 
      ---------------------------------------  ------------------------------------------- 
 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                                      213800CE3EOGYML9AY08 
      ---------------------------------------  ------------------------------------------- 
 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 5 pence each 
        financial instrument, 
        type of instrument 
       Identification code                      GB00B5NR1S72 
      ---------------------------------------  ------------------------------------------- 
 b)    Nature of the transaction                Grant of awards pursuant to the 2018 
                                                 LTIP 
      ---------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -------------------  ------------------- 
                                                 Price(s)             Volume(s) 
                                                -------------------  ------------------- 
    -                                                                 110,295 
   ----------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      As above - one transaction 
 
  - Price 
 
   - Total 
 
 e)    Date of the transaction                  1 October 2019 
      ---------------------------------------  ------------------------------------------- 
 f)    Place of the transaction                 Outside of a trading venue 
      ---------------------------------------  ------------------------------------------- 
 

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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October 04, 2019 09:25 ET (13:25 GMT)