TIDMSAFE
RNS Number : 6652I
Safestore Holdings plc
05 December 2022
5 December 2022
Safestore Holdings plc (the "Company")
Exercise of Awards under the Safestore 2017 Long Term Incentive
Plan
Notification of Transactions by Persons Discharging Managerial
Responsibility ("PDMRs")
The Company announces that on 2 December 2022 nil cost options
(the "Options") granted over in aggregate 3,497,843 shares, under
the Safestore 2017 Long Term Incentive Plan ("2017 LTIP"), approved
by shareholders at its general meeting held on 25 July 2017, were
exercised by Frederic Vecchioli and Andy Jones (the "PDMRs"). The
Options were satisfied by the Company's employee benefit trust
using newly issued shares.
The Company further announces that on 2 December 2022, in
aggregate 1,658,239 shares were sold by the PDMRs to settle their
withholding tax and National Insurance contributions liabilities
and dealing costs arising in connection with the exercise, as
further detailed below.
Frederic Vecchioli has instructed that his remaining 1,058,115
ordinary shares be transferred into a nominee account held jointly
with his wife, a person closely associated with him, for nil
consideration.
Andy Jones transferred his remaining 781,489 ordinary shares
into his nominee account and has instructed 180,000 ordinary shares
to be transferred into a nominee account held by his wife, a person
closely associated with him, for nil consideration.
Following the sale of shares, as notified below, Frederic
Vecchioli (including those held jointly with his wife) and Andy
Jones (including those held by his wife) retained the balance of
their shares with their aggregate holdings being 3,151,581 shares
(representing 1.45% of the Company's issued share capital) and
1,243,960 (representing 0.57% of the Company's issued share
capital) respectively.
The relevant notifications set out below are provided in
accordance with the requirements of Article 19 of the UK version of
the EU Market Abuse Regulation which is part of UK law by virtue of
the European Union (Withdrawal) Act 2018.
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name FREDERIC VECCHIOLI
=======================================
2 Reason for the notification
a) Position/status PDMR, 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 SAFESTORE HOLDINGS PLC
b) LEI 213800WGA3YSJC1YOH73
=======================================
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 ORDINARY SHARES OF 1P EACH
the financial
instrument, type GB00B1N7Z094
of instrument
Identification
code
=======================================
b) Nature of the Acquisition of ordinary shares upon the
transaction exercise of nil-cost awards granted under
the 2017 Long Term Incentive Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
GBPNil 2,000,000
======================================= =====================
d) Aggregated information
- Aggregated volume 2,000,000
- Price GBPNil
e) Date of the transaction 2 December 2022
=======================================
f) Place of the transaction Outside a trading venue
=== ======================================= =============================================
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name FREDERIC VECCHIOLI
====================================
2 Reason for the notification
a) Position/status PDMR, 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 SAFESTORE HOLDINGS PLC
b) LEI 213800WGA3YSJC1YOH73
====================================
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 ORDINARY SHARES OF 1P EACH
the financial
instrument, type GB00B1N7Z094
of instrument
Identification
code
====================================
b) Nature of the Sale of ordinary shares to settle withholding
transaction tax and National Insurance contributions
liabilities and dealing costs arising in
connection with the exercise.
c) Price(s) and volume(s) Price(s) Volume(s)
GBP9.264059 941,885
==================================== ===========================
d) Aggregated information
- Aggregated volume 941,885
- Price GBP9.264059
e) Date of the transaction 2 December 2022
====================================
f) Place of the transaction LONDON STOCK EXCHANGE (XLON)
=== ==================================== ================================================
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Laetitia VECCHIOLI
=======================================
2 Reason for the notification
a) Position/status PCA OF 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 SAFESTORE HOLDINGS PLC
b) LEI 213800WGA3YSJC1YOH73
=======================================
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 ORDINARY SHARES OF 1P EACH
the financial
instrument, type GB00B1N7Z094
of instrument
Identification
code
=======================================
b) Nature of the Transfer of shares from Frederic Vecchioli's
transaction sole name to an account held in Frederic
and Laetitia Vecchioli's joint names
c) Price(s) and volume(s) Price(s) Volume(s)
GBPNil 1,058,115
======================================= =====================
d) Aggregated information
- Aggregated volume 1,058,115
- Price GBPNil
e) Date of the transaction 2 December 2022
=======================================
f) Place of the transaction OUTSIDE A TRADING VENUE
=== ======================================= ===============================================
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name ANDY JONES
=======================================
2 Reason for the notification
a) Position/status PDMR, 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 SAFESTORE HOLDINGS PLC
b) LEI 213800WGA3YSJC1YOH73
=======================================
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 ORDINARY SHARES OF 1P EACH
the financial
instrument, type GB00B1N7Z094
of instrument
Identification
code
=======================================
b) Nature of the Acquisition of ordinary shares upon the
transaction exercise of nil-cost awards granted under
the 2017 Long Term Incentive Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
GBPNil 1,497,843
======================================= =====================
d) Aggregated information
- Aggregated volume 1,497,843
- Price GBPNil
e) Date of the transaction 2 December 2022
=======================================
f) Place of the transaction Outside a trading venue
=== ======================================= =============================================
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name ANDY JONES
====================================
2 Reason for the notification
a) Position/status PDMR, 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 SAFESTORE HOLDINGS PLC
b) LEI 213800WGA3YSJC1YOH73
====================================
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 ORDINARY SHARES OF 1P EACH
the financial
instrument, type GB00B1N7Z094
of instrument
Identification
code
====================================
b) Nature of the Sale of ordinary shares to settle withholding
transaction tax and National Insurance contributions
liabilities and dealing costs arising in
connection with the exercise.
c) Price(s) and volume(s) Price(s) Volume(s)
GBP9.264059 716,354
==================================== ===========================
d) Aggregated information
- Aggregated volume 716,354
- Price GBP9.264059
e) Date of the transaction 2 December 2022
====================================
f) Place of the transaction LONDON STOCK EXCHANGE (XLON)
=== ==================================== ================================================
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name ANDY JONES
========================================
2 Reason for the notification
a) Position/status PDMR, 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 SAFESTORE HOLDINGS PLC
b) LEI 213800WGA3YSJC1YOH73
========================================
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 ORDINARY SHARES OF 1P EACH
the financial
instrument, type GB00B1N7Z094
of instrument
Identification
code
========================================
b) Nature of the Transfer of 180,000 shares to a nominee
transaction account held by his wife for nil consideration.
c) Price(s) and volume(s) Price(s) Volume(s)
GBPNil 180,000
======================================== ========================
d) Aggregated information
- Aggregated volume 180,000
- Price GBPNil
e) Date of the transaction 2 December 2022
========================================
f) Place of the transaction Outside a trading venue
=== ======================================== ===================================================
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name SARAH JONES
========================================
2 Reason for the notification
a) Position/status PCA OF 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 SAFESTORE HOLDINGS PLC
b) LEI 213800WGA3YSJC1YOH73
========================================
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 ORDINARY SHARES OF 1P EACH
the financial
instrument, type GB00B1N7Z094
of instrument
Identification
code
========================================
b) Nature of the Receipt of 180,000 shares to a nominee
transaction account following transfer from spouse
for nil consideration.
c) Price(s) and volume(s) Price(s) Volume(s)
GBPNil 180,000
======================================== ====================
d) Aggregated information
- Aggregated volume 180,000
- Price GBPNil
e) Date of the transaction 2 December 2022
========================================
f) Place of the transaction Outside a trading venue
=== ======================================== ==========================================
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END
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