RNS Number : 0463K
Topps Tiles PLC
16 December 2022
 

 

Topps Tiles plc

(the "Company")

PDMR Transaction

The Company has received notice that, on 15 December 2022, Robert Parker, Stephen Hopson, Richard Carter, Timothy Tatlock, Linda Sleath and Daniel Little, each a PDMR, were awarded nil-cost share options in respect of ordinary shares of 3.33 pence each in the capital of the Company ("Ordinary Shares") as detailed below, in accordance with the rules of the Topps Tiles 2013 Long Term Incentive Plan. The Vesting of each award is subject to the satisfaction of the performance condition that EPS as stated in the Company's accounts for the 2024/25 financial period excluding exceptional items and subject to such adjustments as the Board in its discretion determines are fair and reasonable, is between 3.46 pence per share for vesting at 10% and 6.92 pence per share for vesting at 100%.

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities / person closely associated



a)

Name 

1.   Robert Parker

2.   Stephen Hopson

3.   Richard Carter

4.   Timothy Tatlock

5.   Linda Sleath

6.   Daniel Little

2

Reason for the notification

a)

Position/status

1.   Chief Executive Officer (PDMR)

2.   Chief Financial Officer (PDMR)

3.   Retail Managing Director (PDMR)

4.   Buying Director (PDMR)

5.   Director of HR (PDMR)

6.   Commercial Managing Director (PDMR)

b)

 

Initial notification /Amendment

  Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

  Topps Tiles PLC

 

b)

LEI

  2138009NA4K1NTLN7Q97

 

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 financial instrument, type of instrument

 

  Ordinary shares of 3.33 pence each

 


Identification Code

GB00B18P5K83

b)

Nature of the transaction

Grant of nil cost options pursuant to the Topps Tiles 2013 Long Term Incentive Plan

c)

Price(s) and volume(s)

 

  

PDMR

Price

Volume

Robert Parker

£0.00

988,103

Stephen Hopson

£0.00

564,308

Richard Carter

£0.00

617,564

Timothy Tatlock

£0.00

432,295

Linda Sleath

£0.00

317,428

Daniel Little

£0.00

383,729

1.  

d)

Aggregated information

- Aggregated volume

- Price

 N/A

e)

Date of the transaction

 Thursday, 15 December 2022

f)

Place of the transaction

 Outside of a trading venue

 

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