1 February
2024
Lords Group Trading
plc
('Lords', the 'Company' or the 'Group')
Director/PDMR
Shareholding
Lords, a leading distributor of
building materials in the UK, announces that it has today been
notified that, on 30 January 2024, Gary O'Brien, the Company's
Non-Executive Chairman, purchased 92,600 ordinary shares in the
Company at a price of 54.0 pence per ordinary shares through his
personal pension scheme.
As a result, Mr. O'Brien is now
beneficially interested in an aggregate of 229,442 ordinary shares
in the Company, representing 0.14 per cent. of the Company's issued
ordinary share capital.
The notification below, made in
accordance with the UK Market Abuse Regulation, provides further
details.
- Ends -
FOR
FURTHER ENQUIRIES:
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Lords Group Trading plc
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Via
Buchanan
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Shanker Patel, Chief Executive
Officer
Chris Day, Chief Financial Officer
and Chief Operating Officer
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Tel: +44
(0) 20 7466 5000
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Cavendish Capital Markets
Nominated Adviser and Joint Broker
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Tel: +44
(0)20 7220 0500
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Ben Jeynes Dan Hodkinson (Corporate
Finance)
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Julian Morse / Henry Nicol / Charlie
Combe (Sales and ECM)
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Berenberg
Joint Broker
Matthew Armitt / Richard Bootle /
Detlir Elezi
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Tel: +44
(0)20 3207 7800
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Buchanan Communications
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Tel: +44
(0) 20 7466 5000
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Henry Harrison-Topham / Steph
Whitmore / Abby Gilchrist
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LGT@buchanan.uk.com
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Notes to editors:
Lords is a specialist distributor of
building, plumbing, heating and DIY goods. The Group
principally sells to local tradesmen, small to medium sized
plumbing and heating merchants, construction companies and retails
directly to the general public.
The Group operates through the
following two divisions:
· Merchanting: supplies building
materials and DIY goods through its network of merchant businesses
and online platform capabilities. It operates both in the
'light side' (building materials and timber) and 'heavy side'
(civils and landscaping), through 31 locations in the
UK.
· Plumbing and Heating: a specialist
distributor in the UK of plumbing and heating products to a UK
network of independent merchants, installers and the general
public. The division offers its customers an attractive
proposition through a multi-channel offering. The division
operates over 17 locations enabling nationwide next day delivery
service.
Lords was established over 35 years
ago as a family business with its first retail unit in Gerrards
Cross, Buckinghamshire. Since then, the Group has grown to a
business operating from 48 sites. Lords aims to become a £500
million turnover building materials distributor group by 2024 as it
grows its national presence.
Lords was admitted to trading on AIM
in July 2021 with the ticker LORD.L. For additional
information please visit www.lordsgrouptradingplc.co.uk.
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1
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Details of the person discharging managerial responsibilities
/ person closely associated
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a)
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Name
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Cepacs Pension Scheme
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2
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Reason for the notification
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a)
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Position/status
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PCA of Gary O'Brien, Non-Executive
Chairman
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b)
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Initial notification
/Amendment
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Initial Notification
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3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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a)
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Name
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Lords Group Trading plc
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b)
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LEI
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9845009A4D87F1CE5145
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4
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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
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a)
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Description of the financial
instrument, type of instrument
Identification code
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Ordinary Shares of 1 pence
each
GB00BM9CLS53
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b)
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Nature of the transaction
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Purchase of Ordinary
Shares
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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54.0 pence
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92,600
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d)
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Aggregated information
- Aggregated volume
- Price
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N/A single
transaction
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e)
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Date of the transaction
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30 January
2024
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f)
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Place of the transaction
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AIMX
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