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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Theworks.co.uk Plc | LSE:WRKS | London | Ordinary Share | GB00BF5HBF20 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 25.60 | 24.30 | 26.90 | 618 | 08:00:01 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Misc General Mdse Stores | 280.1M | 5.27M | 0.0843 | 3.04 | 16M |
TIDMWRKS
RNS Number : 2766Q
TheWorks.co.uk PLC
16 October 2023
TheWorks.co.uk plc
(the "Company")
Director/PDMR Shareholding
TheWorks.co.uk plc, the multi-channel value retailer of arts, crafts, toys, books and stationery, today announces that on 13 October 2023, the Company granted options over ordinary shares of 1 pence each ("Shares") in the Company at an exercise price of 28 pence ("Options") under TheWorks.co.uk Save As You Earn Plan ("SAYE") to Gavin Peck (Chief Executive Officer) and Rosie Fordham (Chief Financial Officer Designate) as outlined below.
All eligible employees were invited to apply for Options under the SAYE, a tax advantaged all employee share plan, which become exercisable following the end of a three-year savings contract. The exercise price of the Options was set at a discount of c.20% from the average of the closing middle market Share price over the three dealing days prior to the invitation date of 25 September 2023.
Name of individual Position / status Options granted Chief Executive Gavin Peck Officer 33,125 -------------------- ---------------- Chief Financial Rosie Fordham Officer Designate 33,125 -------------------- ----------------
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail:
1. Details of the person discharging managerial responsibilities / person closely associated a) Name Gavin Peck ------------------------- -------------------------------------------- 2. Reason for notification ----------------------------------------------------------------------- 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 Grant of options over ordinary shares transaction under the Company's Save As You Earn Plan. ------------------------- -------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) GBP0.28 33,125 ---------- ------------------------- -------------------------------------------- d) Aggregated information Aggregated volume N/A - single transaction Price ------------------------- -------------------------------------------- e) Date of the transaction 2023-10-13 ------------------------- -------------------------------------------- f) Place of the transaction Outside a trading venue ------------------------- -------------------------------------------- 1. Details of the person discharging managerial responsibilities / person closely associated a) Name Rosie Fordham ------------------------- -------------------------------------------- 2. Reason for notification ----------------------------------------------------------------------- a) Position / status Chief Executive Officer Designate ------------------------- -------------------------------------------- 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 Grant of options over ordinary shares transaction under the Company's Save As You Earn Plan. ------------------------- -------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) GBP0.28 33,125 ---------- ------------------------- -------------------------------------------- d) Aggregated information Aggregated volume N/A - single transaction Price ------------------------- -------------------------------------------- e) Date of the transaction 2023-10-13 ------------------------- -------------------------------------------- f) Place of the transaction Outside a trading venue ------------------------- --------------------------------------------
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END
DSHFLFESIALRLIV
(END) Dow Jones Newswires
October 16, 2023 10:59 ET (14:59 GMT)
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