TheWorks.co.uk PLC Director/PDMR Shareholding (4557Q)

TIDMWRKS

RNS Number : 4557Q

TheWorks.co.uk PLC

19 February 2019

TheWorks.co.uk plc

(the "Company")

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons

TheWorks.co.uk plc, the multi-channel value retailer of gifts, arts, crafts, toys, books and stationery, has been notified that Kevin Keaney, Chief Executive Officer of the Company, has transferred 547,300 ordinary shares in the Company (the "Shares"), for nil consideration, to his wife.

As a result of the transfer, Kevin Keaney's beneficial ownership in the Company remains unchanged.

The Shares transferred remain subject to the original lock-up provisions agreed in connection with the Company's IPO on 19 July 2018, details of which are summarised in the Company's prospectus dated 13 July 2018.

 
 Enquiries: 
 
  TheWorks.co.uk plc      via Teneo 
  Kevin Keaney, CEO 
  Gavin Peck, CFO 
 Teneo 
  Ben Ullmann 
  Shona Buchanan        [phone] 
 

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                       Kevin Keaney 
           -------------------------  --------------------------------------- 
 2.         Details of PDMR / person closely associated with them 
             ('PCA') 
           ------------------------------------------------------------------ 
       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                       TheWorks.co.uk plc 
           -------------------------  --------------------------------------- 
 b)         LEI                        894500W7PWBCCWBN9R03 
           -------------------------  --------------------------------------- 
       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             Ordinary shares of GBP0.01 each 
             the financial 
             instrument                 ISIN: GB00BF5HBF20 
           -------------------------  --------------------------------------- 
       b)   Nature of the              Transfer of 547,300 Ordinary Shares to 
             transaction                spouse for nil consideration. 
 
                                        No change in beneficial ownership. 
           -------------------------  --------------------------------------- 
       c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                          Nil         547,300 
                                                     ---------- 
           -------------------------  --------------------------------------- 
       d)   Aggregated information 
 
             Aggregated volume           n/a (single transaction) 
 
             Price 
           -------------------------  --------------------------------------- 
       e)   Date of the transaction    2019-02-15 
           -------------------------  --------------------------------------- 
       f)   Place of the transaction   Outside a trading venue 
           -------------------------  --------------------------------------- 
 
 
 3.         Details of PDMR / person closely associated with them 
             ('PCA') 
       a)   Name                       Melanie Keaney 
           -------------------------  ---------------------------------------------- 
 4.         Details of PDMR / person closely associated with them 
             ('PCA') 
           ------------------------------------------------------------------------- 
       a)   Position / status          PCA of Kevin Keaney (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                       TheWorks.co.uk plc 
           -------------------------  ---------------------------------------------- 
 b)         LEI                        894500W7PWBCCWBN9R03 
           -------------------------  ---------------------------------------------- 
       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             Ordinary shares of GBP0.01 each 
             the financial 
             instrument                 ISIN: GB00BF5HBF20 
           -------------------------  ---------------------------------------------- 
       b)   Nature of the              Receipt of 547,300 Ordinary Shares from 
             transaction                spouse, Kevin Keaney, for nil consideration. 
 
                                        No change in beneficial ownership. 
           -------------------------  ---------------------------------------------- 
       c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                          Nil         547,300 
                                                     ---------- 
           -------------------------  ---------------------------------------------- 
       d)   Aggregated information 
 
             Aggregated volume           n/a (single transaction) 
 
             Price 
           -------------------------  ---------------------------------------------- 
       e)   Date of the transaction    2019-02-15 
           -------------------------  ---------------------------------------------- 
       f)   Place of the transaction   Outside a trading venue 
           -------------------------  ---------------------------------------------- 
 

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February 19, 2019 02:12 ET (07:12 GMT)