Bonmarche Holdings PLC Exercise of Option and Sale of Shares by Director (5776M)
July 31 2017 - 6:01AM
UK Regulatory
TIDMBON
RNS Number : 5776M
Bonmarche Holdings PLC
31 July 2017
31 July 2017
Bonmarché Holdings plc
("Bonmarché" or the "Company")
Exercise of Option and Sale of Shares by Director
Bonmarché, one of the UK's largest women's value retailers
announces that it was informed on 31 July 2017 that on 28 July
2017, Helen Connolly, Chief Executive Officer, exercised two share
awards over Ordinary Shares of 1.0 pence each as outlined
below.
Number of Options Granted Vesting Date
(Joining Awards)
-------------------------- -----------------
12,466 15 February 2017
-------------------------- -----------------
36,761 1 March 2017
-------------------------- -----------------
On 28 July 2017, Mrs Connolly sold 23,185 shares at a price of
92.55 pence per Ordinary Share of 1.0 pence each to fund the tax
liability due as a result of the exercised share awards. Following
this transaction, Mrs Connolly has an interest in a total of 26,042
Ordinary Shares, representing approximately 0.05 per cent. of the
Company's issued Ordinary Share Capital.
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 Helen Connolly
------------------------------------ ------------------------------------------------------------- ----------------------------
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 Bonmarché Holdings plc
------------------------------------ ------------------------------------------------------------- ----------------------------
b) LEI 213380022WC23QGTTAF58
------------------------------------ ------------------------------------------------------------- ----------------------------
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 Ordinary shares of 1 pence
instrument, type of instrument. each
Identification code
GB00BF8H6F45
------------------------------------ ------------------------------------------------------------- ----------------------------
b) Nature of the transaction Exercise of share awards
and sale of shares to fund
tax liability.
------------------------------------ ------------------------------------------------------------- ----------------------------
c) Price(s) and volumes(s) Price(s) Volumes(s)
----------- --------------
Nil Exercise of
Awards over
49,227 Shares
----------- --------------
92.55 pence Sale of 23,185
Shares
----------- --------------
------------------------------------ ------------------------------------------------------------- ----------------------------
d) Aggregated information
* Aggregated volume 23,185 shares
92.55 pence per share
* Price
------------------------------------ ------------------------------------------------------------- ----------------------------
e) Date of the transaction 28/07/2017
------------------------------------ ------------------------------------------------------------- ----------------------------
f) Place of the transaction LSE
------------------------------------ ------------------------------------------------------------- ----------------------------
For further information regarding
Bonmarché, please call
Bonmarché Holdings
plc c/o FTI +44
Stephen Alldridge, (0)20 3727
Finance Director 1000
FTI Consulting
- Communications
advisor
Jonathon Brill,
Georgina Goodhew +44 (0)20 3727 1000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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