TIDMCPR

RNS Number : 2840P

Carpetright PLC

06 February 2019

6 February 2019

Carpetright plc

Lapse of Options under previous SAYE Scheme and Participation in 2019 SAYE Scheme

Carpetright plc (the "Company") today announces that Wilf Walsh has cancelled participation in a previous savings contract associated with the grant of share options under the 2017 Company Save As You Earn Share Option Scheme (SAYE) and the associated options therefore lapsed, and he has joined the 2019 SAYE scheme, pursuant to which options were granted on 6 February 2019, each as set out below:

 
 Name          Position    Number of         Lapsed option   New options     Grant price 
                            lapsed options    price (GBP)     granted         (GBP) 
                            (2017 grant)                      (2019 grant) 
 Wilf Walsh    CEO         13,846            1.30 
              ----------  ----------------  --------------  --------------  ------------ 
 Wilf Walsh    CEO                                           112,500         0.16 
              ----------  ----------------  --------------  --------------  ------------ 
 

The options granted today have an exercisable price of 16p per share and are exercisable from 1 April 2022. A total of 27,442,575 shares are under option for this scheme. The Company's SAYE scheme is made available to all permanent UK employees who were employed on a certain date.

Formal notification of the dealings is set out below:

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                     Wilf Walsh 
      ---------------------------------------  ----------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------- 
 a)    Position/status                          Chief Executive 
      ---------------------------------------  ----------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  ----------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------- 
 a)    Name                                     Carpetright plc 
      ---------------------------------------  ----------------------------------- 
 b)    LEI                                      213800GO32BSNNHXID90 
      ---------------------------------------  ----------------------------------- 
 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                       Ordinary Shares 
        financial instrument, 
        type of instrument 
 
       Identification code                      GB0001772945 
 
 b)    Nature of the transaction                Cancellation of SAYE options 
      ---------------------------------------  ----------------------------------- 
 c)    Price(s) and volume(s) 
                                                ---------------  --------------- 
                                                 Price(s)         Volume(s) 
                                                ---------------  --------------- 
    GBP1.30                                                       13,846 
   ------------------------------------------------------------  --------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      13,846 
 
  - Price                                  Option price GBP1.30 
 
 e)    Date of the transaction                  2019-02-06 
      ---------------------------------------  ----------------------------------- 
 f)    Place of the transaction                 Outside a trading venue 
      ---------------------------------------  ----------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                Wilf Walsh 
      ----------------------------------  ------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status                     Chief Executive 
      ----------------------------------  ------------------------------------- 
 b)    Initial notification                Initial notification 
        /Amendment 
      ----------------------------------  ------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                                Carpetright plc 
      ----------------------------------  ------------------------------------- 
 b)    LEI                                 213800GO32BSNNHXID90 
      ----------------------------------  ------------------------------------- 
 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                  Ordinary Shares 
        financial instrument, 
        type of instrument 
 
       Identification code                 GB0001772945 
 
 b)    Nature of the transaction           Grant of SAYE options 
      ----------------------------------  ------------------------------------- 
 c)    Price(s) and volume(s) 
                                           --------------------  ------------ 
                                            Option Price(s)       Volume(s) 
                                           --------------------  ------------ 
                                            16p                   112,500 
                                           --------------------  ------------ 
 
 d)    Aggregated information 
 
  - Aggregated volume                 112,500 
 
  - Price                             Option price 16p 
 
 e)    Date of the transaction             2019-02-06 
      ----------------------------------  ------------------------------------- 
 f)    Place of the transaction            Outside a trading venue 
      ----------------------------------  ------------------------------------- 
 

Z Dolan

01708 802000

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END

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February 06, 2019 09:07 ET (14:07 GMT)

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