Restore PLC Director/PDMR Shareholding (0343U)
November 20 2023 - 11:07AM
UK Regulatory
TIDMRST
RNS Number : 0343U
Restore PLC
20 November 2023
20 November 2023
Restore plc
("Restore" or the "Company")
Director/PDMR Shareholding
Grant of LTIP Share Options and Purchase of Shares
Restore plc (AIM: RST), the UK's leading provider of digital and
information management and secure lifecycle services, announces
that on 17 November 2023, Charles Skinner, Chief Executive Officer,
and Dan Baker, Chief Financial Officer, were granted (respectively)
549,132 and 258,620 nil-cost options over ordinary shares of 5
pence each in the capital of the Company (the "Ordinary Shares")
under the existing Restore plc Long Term Incentive Plan (the
"LTIP"). These LTIP options will vest on 30 April 2026, subject to
the achievement of performance conditions, with the vested awards
being subject to a post-vesting holding period of six months for
50% of the vested shares and twelve months for the remaining
50%.
In addition, on 17 November 2023 Dan Baker, CFO, purchased
25,000 Ordinary Shares at a price of 206 pence per share.
Following the award and the purchase set out above, Charles
Skinner's and Dan Baker's beneficial interests in the Company are
set out below:
PDMR Position Number of 2023 LTIPs Number of vested but Number of Ordinary
unexercised share Shares
options
Charles Skinner Chief Executive Officer 549,132 0 1,546,022
------------------------- --------------------- ----------------------- ------------------------
Dan Baker Chief Financial Officer 258,620 0 25,000
------------------------- --------------------- ----------------------- ------------------------
For further information please contact:
Restore plc www.restoreplc.com
Chris Fussell, Company Secretary +44 (0) 207 409 2420
Investec (Nominated Adviser and Joint www.investec.com
Broker)
Carlton Nelson
James Rudd +44 (0) 207 597 5970
Canaccord Genuity (Joint Broker) www.canaccordgenuity.com
Max Hartley
Alex Aylen +44 (0) 207 523 8000
FTI Consulting (PR Enquiries) www.fticonsulting.com/uk
Nick Hasell +44 (0) 203 727 1340
Alex Le May
The information below (set out in accordance with the
requirements of the EU Market Abuse Regulation) provides further
detail:
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Charles Skinner
--------------------------------------- -------------------------------------------
2 Reason for the 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 Restore plc
--------------------------------------- -------------------------------------------
b) LEI 213800CE3EOGYML9AY08
--------------------------------------- -------------------------------------------
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 of 5 pence each
financial instrument,
type of instrument
Identification code GB00B5NR1S72
--------------------------------------- -------------------------------------------
b) Nature of the transaction Grant of awards pursuant to the 2023
LTIP
--------------------------------------- -------------------------------------------
c) Price(s) and volume(s)
------------------- -------------------
Price(s) Volume(s)
------------------- -------------------
- 549,132
---------------------------------------------------------------- -------------------
d) Aggregated information
- Aggregated volume As above - one transaction
- Price
- Total
e) Date of the transaction 17 November 2023
--------------------------------------- -------------------------------------------
f) Place of the transaction Outside of a trading venue
--------------------------------------- -------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Dan Baker
--------------------------------------- -------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------
a) Position/status Chief Financial Officer
--------------------------------------- -------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- -------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
a) Name Restore plc
--------------------------------------- -------------------------------------------
b) LEI 213800CE3EOGYML9AY08
--------------------------------------- -------------------------------------------
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 of 5 pence each
financial instrument,
type of instrument
Identification code GB00B5NR1S72
--------------------------------------- -------------------------------------------
b) Nature of the transaction Grant of awards pursuant to the 2023
LTIP
--------------------------------------- -------------------------------------------
c) Price(s) and volume(s)
------------------- -------------------
Price(s) Volume(s)
------------------- -------------------
- 258,620
---------------------------------------------------------------- -------------------
d) Aggregated information
- Aggregated volume As above - one transaction
- Price
- Total
e) Date of the transaction 17 November 2023
--------------------------------------- -------------------------------------------
f) Place of the transaction Outside of a trading venue
--------------------------------------- -------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Dan Baker
-------------------------------------- ---------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------
a) Position/status Chief Financial Officer
-------------------------------------- ---------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------------- ---------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------
a) Name Restore plc
-------------------------------------- ---------------------------------------------
b) LEI 213800CE3EOGYML9AY08
-------------------------------------- ---------------------------------------------
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 of 5 pence each
financial instrument,
type of instrument
Identification code GB00B5NR1S72
-------------------------------------- ---------------------------------------------
b) Nature of the transaction Purchase of ordinary shares of 5 pence
each
-------------------------------------- ---------------------------------------------
c) Price(s) and volume(s)
--------------------- -------------------
Price(s) Volume(s)
--------------------- -------------------
206 pence 25,000
----------------------------------------------------------------- -------------------
d) Aggregated information
- Aggregated volume As above - one transaction
- Price
- Total
e) Date of the transaction 17 November 2023
-------------------------------------- ---------------------------------------------
f) Place of the transaction AIM, London Stock Exchange
-------------------------------------- ---------------------------------------------
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END
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