ScS Group PLC Director/PDMR Shareholding (2393E)

TIDMSCS

RNS Number : 2393E

ScS Group PLC

07 February 2018

 
 For Immediate Release   7 February 2018 
 

ScS Group plc

("ScS" or the "Company")

Director/PDMR Shareholding

ScS, one of the UK's largest retailers of upholstered furniture and floorings, has been notified that on 7 February 2018, Kevin Royal, Managing Director, exercised 7,157 share options. The exercise price of the options is 175p. Kevin Royal then sold 7,157 ordinary shares of GBP0.001 each in the Company ("Ordinary Shares"), at a price of 217p per Ordinary Share.

Enquiries:

 
 ScS Group PLC                    c/o Buchanan +44 (0)20 
  David Knight, Chief Executive    7466 5000 
  Officer 
  Chris Muir, Chief Financial 
  Officer 
 Buchanan                         Tel: [phone] 
  Richard Oldworth                 5000 
  Madeleine Seacombe               [e-mail] 
 Shore Capital                    Tel: [phone] 
  Patrick Castle                   4050 
 

Dru Danford

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulations.

 
 1.   Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ------------------------------------------------------------- 
 a)   Name: Kevin Royal 
---  ------------------------------------------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------- 
 a)   Position/Status: PDMR 
---  ------------------------------------------------------------- 
 b)   Initial notification/Amendment: Initial notification 
---  ------------------------------------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------- 
 a)   Name: ScS Group plc 
---  ------------------------------------------------------------- 
 b)   LEI: 213800LOXNVJIB4C7B98 
---  ------------------------------------------------------------- 
 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 instrument: Ordinary shares of 0.1p Identification 
       code: GB00BRF0TJ56 
---  ------------------------------------------------------------- 
 b)   Nature of the transaction: 
       (i) Exercise of share options 
       (ii) Sale of shares following the exercise 
       of share options 
---  ------------------------------------------------------------- 
 c)   Price(s) and volume(s): Date          Price(s)   Volume(s) 
       ------------  ---------  ---------- 
        7 February 
         2018         175p       7,157 
       ------------  ---------  ---------- 
        7 February 
         2018         217p       7,157 
       ------------  ---------  ---------- 
---  ------------------------------------------------------------- 
 d)   Aggregated information: Aggregate (volume   Aggregate Volume 
         weighted) Price 
       ------------------  ----------------- 
        n/a 
       ------------------  ----------------- 
---  ------------------------------------------------------------- 
 e)   Date of the transaction: 7 February 2018 
---  ------------------------------------------------------------- 
 f)   Place of the transaction: London Stock Exchange 
---  ------------------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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February 07, 2018 12:05 ET (17:05 GMT)