Headlam Group PLC Exercise of Option & Director/PDMR Shareholding
October 18 2024 - 10:33AM
RNS Regulatory News
RNS Number : 8296I
Headlam Group PLC
18 October 2024
18 October
2024
Headlam Group
plc
(the
'Company')
Director/PDMR
shareholding
Exercise of option under the
Headlam Group plc Deferred Bonus Plan and sale of
shares
Headlam Group plc (LSE: HEAD),
Europe's leading floorcoverings distributor, announces that on 17
October 2024, Chris Payne exercised his 2022 nil-cost option to
purchase 46,827 ordinary shares of 5 pence each in the capital of
the Company ('Shares') under the Company's Deferred Bonus
Plan. The number of Shares under option reflects the addition
of dividend equivalents in Shares, calculated on a reinvestment
basis. Chris Payne subsequently sold
22,064 Shares to cover exercise costs (including tax and NI)
arising on exercise and has 24,763 retained Shares.
46,827 ordinary shares of 5 pence
each have been transferred from treasury stock for the purposes of
satisfying the award. Following the
above transfer of treasury stock, the Company holds 4,804,315
ordinary shares as treasury shares.
The total number of ordinary shares
in issue (excluding shares held as treasury shares) is 80,834,894
with one voting right per share. Therefore, the total number of
voting rights in the Company is 80,834,894. This figure may
be used by shareholders 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 Company under the
FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
|
Headlam Group plc
|
Tel: 01675 433 000
|
|
Chris Payne, Chief
Executive
|
Email: headlamgroup@headlam.com
|
|
Adam Phillips, Chief Financial
Officer
Alison Hughes, General Counsel &
Company Secretary
|
|
|
Panmure Gordon (UK) Limited (Corporate Broker)
|
Tel: 020 7886 2500
|
|
Tom Scrivens / Atholl Tweedie
Peel
Hunt LLP (Corporate
Broker)
|
Tel: 020 7418 8900
|
|
George Sellar / John Welch
|
|
Notification and public disclosure of transactions by PDMRs
and persons closely associated with them
|
1.
|
Details of PDMR / person closely associated with them
("PCA")
|
|
a)
|
Name
|
Chris Payne
|
|
2.
|
Reason for the notification
|
|
a)
|
Position /
status
|
Chief Executive
|
|
b)
|
Initial notification /
amendment
|
Initial notification
|
|
3.
|
Details of the issuer
|
|
a)
|
Name
|
Headlam Group plc
|
|
b)
|
LEI
|
213800I4AZZUJEYX9O90
|
|
4.1
|
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
instrument, type of
instrument
|
Ordinary shares of £0.05
each.
|
|
b)
|
Identification code
|
ISIN: GB0004170089
|
|
c)
|
Nature of the transaction
|
Exercise of a nil-cost option under
the Company's Deferred Bonus Plan
|
|
d)
|
Price(s) and
volume(s)
|
|
Price(s)
|
Volume(s)
|
|
nil
|
46,827
|
|
|
e)
|
Aggregated information
-
Volume
-
Price
|
N/A
|
|
f)
|
Date of the transaction
|
17 October 2024
|
|
g)
|
Place of the transaction
|
Outside a trading venue
|
|
4.2
|
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
instrument, type of
instrument
|
Ordinary shares of £0.05
each.
|
|
b)
|
Identification code
|
ISIN: GB0004170089
|
|
c)
|
Nature of the transaction
|
Sale of shares to cover costs of the
exercise of a nil-cost option outlined in 4.1 (including tax and NI
liability)
|
|
d)
|
Price(s) and
volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£1.2729
|
22,064
|
|
|
e)
|
Aggregated information
-
Volume
-
Price
|
N/A
N/A - Single Transaction
N/A - Single Transaction
|
|
f)
|
Date of the transaction
|
17 October 2024
|
|
g)
|
Place of the transaction
|
London Stock Exchange -
XLON
|
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