15 December 2023
Topps Tiles plc
(the "Company")
PDMR Transaction
The Company has received notice that, on 13 December 2023, Robert Parker, Stephen Hopson, and Timothy Tatlock, 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 Topps Tiles Plc 2023 Share 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 2025/26 financial period excluding exceptional items and subject to such adjustments as the Board in its discretion determines are fair and reasonable, is between 4.35 pence per share for vesting at 10% and 7.65 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. Timothy Tatlock
| ||||||||||||
| 2 | Reason for the notification | |||||||||||||
| a) | Position/status | 1. Chief Executive Officer (PDMR) 2. Chief Financial Officer (PDMR) 3. Buying 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 2023 Share Plan | ||||||||||||
| c) | Price(s) and volume(s)
|
| ||||||||||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||||||||||
| e) | Date of the transaction | Wednesday 13 December 2023 | ||||||||||||
| f) | Place of the transaction | Outside of a trading venue | ||||||||||||
PDMR Transaction
The Company has received notice that, on 13 December 2023, Robert Parker and Stephen Hopson, 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 Topps Tiles Plc 2023 Share Plan by way of Deferred Bonus Awards.
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
| |||||||||
| 2 | Reason for the notification | ||||||||||
| a) | Position/status | 1. Chief Executive Officer (PDMR) 2. Chief Financial Officer (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 2023 Share Plan | |||||||||
| c) | Price(s) and volume(s)
|
| |||||||||
| d) | Aggregated information - Aggregated volume - Price | N/A | |||||||||
| e) | Date of the transaction | Wednesday 13 December 2023 | |||||||||
| f) | Place of the transaction | Outside of a trading venue | |||||||||
For further information please contact:
Joanne Steer, Company Secretary, Topps Tiles Plc
0116 2828000
Notes to Editors:
Topps Tiles Plc is the UK's largest specialist supplier of tiles and associated products, targeting the UK domestic refurbishment and commercial markets and serving homeowners, trade customers, architects, designers and contractors from 304 nationwide Topps Tiles stores, a commercial showroom in London and seven websites: www.toppstiles.co.uk, www.parkside.co.uk, www.protilertools.co.uk, www.northantstools.co.uk, www.premiumtiletrim.co.uk, www.warmfloorstore.co.uk and www.tilewarehouse.co.uk.
Since opening its first store in 1963, Topps has maintained a simple operating philosophy ? inspiring customers with unrivalled product choice and providing exceptional levels of customer service. For further information on the Group, please visit http://www.toppsgroup.com
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