Warpaint London PLC Transfer of Shares and Director/PDMR Shareholding (6599M)

TIDMW7L

RNS Number : 6599M

Warpaint London PLC

22 January 2021

Warpaint London PLC

("Warpaint", the "Company" or the "Group")

Transfer of Shares and Director/PDMR Shareholding

Warpaint London plc (AIM: W7L), the specialist supplier of colour cosmetics and owner of the W7 and Technic brands, announces that on 20 January 2021 Keith Sadler, a Non-Executive Director of Warpaint, sold 10,526 ordinary shares of 25p each in the Company ("Ordinary Shares") at a price of 90.10 pence per Ordinary Share and acquired the same number of Ordinary Shares in his ISA for 93.15 pence per Ordinary Share. As a result of the transfer, Keith's holding remains unchanged at 31,145 Ordinary Shares, representing 0.04% of the Company's issued share capital.

Enquiries:

 
 Warpaint London                             c/o IFC 
  Sam Bazini - Chief Executive Officer 
  Eoin Macleod - Managing Director 
  Neil Rodol - Chief Financial Officer 
 N+1 Singer (Nominated Adviser & Joint 
  Broker) 
  Shaun Dobson, Jen Boorer, Alex Bond - 
  Corporate Finance 
  Tom Salvesen - Corporate Broking           020 7496 3000 
 Shore Capital (Joint Broker) 
  Patrick Castle, Daniel Bush - Corporate 
  Advisory 
  Fiona Conroy - Corporate Broking           020 7408 4090 
 IFC Advisory (Financial PR & IR) 
  Tim Metcalfe 
  Graham Herring 
  Florence Chandler                          020 3934 6630 
 

Warpaint London plc

Warpaint is made up of two divisions.

The largest division sells branded cosmetics under the lead brand names of W7 and Technic. W7 is sold in the UK primarily to retailers and internationally to local distributors or retail chains. The Technic brand is sold in the UK and continental Europe with a significant focus on the gifting market, principally for high street retailers and supermarkets. In addition, this division supplies own brand white label cosmetics produced for several major high street retailers. The Group also sells cosmetics using our other own brand names of Man'stuff, Body Collection, Vintage, Very Vegan, and Chit Chat.

The other division trades in close-out and excess inventory of branded cosmetics and fragrances from around the world.

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

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                          Keith Sadler 
     ----------------------------  ---------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status               Non-Executive Director 
     ----------------------------  ---------------------------------- 
 b)   Initial notification          Initial notification 
       /Amendment 
     ----------------------------  ---------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------- 
 a)   Name                          Warpaint London PLC 
     ----------------------------  ---------------------------------- 
 b)   LEI                           213800EBJ2CN6KIDCO78 
     ----------------------------  ---------------------------------- 
 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                   Ordinary shares of 25p 
       of the financial 
       instrument,                   W7 ISIN: GB00BYMF3676 
       type of instrument 
       Identification 
       code 
     ----------------------------  ---------------------------------- 
 b)   Nature of                     Transfer of Shares to ISA 
       the transaction 
     ----------------------------  ---------------------------------- 
 c)   Price(s)                        Price(s)    Volume(s) 
       and volume(s)                   93.15p 
                                        - Buy      10,526 
                                        90.10p 
                                         - Sell     10,526 
                                                  ---------- 
     ----------------------------  ---------------------------------- 
 d)   Aggregated 
       information                   N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
     ----------------------------  ---------------------------------- 
 e)   Date of the                   20 January 2021 
       transaction 
     ----------------------------  ---------------------------------- 
 f)   Place of                      Outside a Trading Venue 
       the transaction 
     ----------------------------  ---------------------------------- 
 

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January 22, 2021 11:00 ET (16:00 GMT)