Headlam Group PLC Exercise of Share Options and TVR (7417M)
January 10 2019 - 3:49AM
UK Regulatory
TIDMHEAD
RNS Number : 7417M
Headlam Group PLC
10 January 2019
10 January 2019
Headlam Group plc
("Headlam" or the "Company")
Exercise of share options / Transfer of treasury shares
Headlam Group plc (LSE: HEAD), Europe's largest distributor of
floorcoverings, announces that, on 9 January 2019, share options
granted under the Headlam Group Savings Related Share Option
Scheme, were exercised at an option price of GBP3.40 per share by
certain employees of the Company.
A total of 5,029 ordinary shares have been transferred from
treasury stock for the purpose of satisfying the exercise of the
share options.
Following the above transfer of treasury stock, the Company
holds 753,060 ordinary shares as treasury shares.
The total number of ordinary shares in issue (excluding shares
held as treasury shares) is 84,610,683, with one voting right per
share. Therefore, the total number of voting rights in the Company
is 84,610,683.
The above figure may be used by shareholders in the Company as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to
their interest in, the share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.
Enquiries:
Headlam Group plc Tel: 01675 433 000
Steve Wilson, Chief Executive Email: headlamgroup@headlam.com
Catherine Miles, Director of Communications
Investec Bank plc (Corporate Broker) Tel: 020 7597 5970
David Flin / Alex Wright
Panmure Gordon (UK) Limited (Corporate Tel: 020 7886 2500
Broker)
Erik Anderson / Andrew Potts / Ailsa
MacMaster
Buchanan (Financial PR and IR) Tel: 020 7466 5000
Mark Court / Sophie Wills / Catriona
Flint
Notes for Editors:
Headlam is Europe's largest distributor of floorcoverings having
grown significantly via organic growth and acquisition since
1992.
Headlam's core business provides the distribution link between
suppliers and customers of floorcoverings, providing suppliers with
the greatest coverage and customer penetration for their products
across the UK and Continental Europe, and customers with the
broadest range of products supported by next day delivery.
The Company is engaged with suppliers across 16 primary
countries whose products cover a significant proportion of the
floorcoverings market including carpet, residential vinyl,
engineered wood, laminate, luxury vinyl tiles, ceramic tiles,
underlay and commercial flooring. The Company's customers are
within both the residential and commercial sectors and comprise
principally independent retailers and flooring contractors.
The Company comprises 67 wholly-owned businesses in the UK and
Continental Europe (UK 63, Continental Europe 4) each operating
under their own trade brand and utilising their individual sales
team which achieves greater market penetration.
Each of the businesses is supported by the Company's centralised
and financial resources and extensive distribution network across
the UK and Continental Europe.
www.headlam.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCBMMPTMBIBMRL
(END) Dow Jones Newswires
January 10, 2019 03:49 ET (08:49 GMT)
Headlam (LSE:HEAD)
Historical Stock Chart
From Apr 2024 to May 2024
Headlam (LSE:HEAD)
Historical Stock Chart
From May 2023 to May 2024