RNS Number : 3604D
TheWorks.co.uk PLC
16 February 2024
 

TheWorks.co.uk plc

("The Works" or the "Company")

Director / PCA Dealing

TheWorks.co.uk plc, the multi-channel value retailer of arts, crafts, toys, books and stationery, today announces that it received notification on 14 February 2024 from Kelso Group Holdings Plc ("Kelso") that, on the same day, it purchased 345,000 ordinary shares in The Works at an average price of 24.03p. Following the transaction Kelso has a beneficial interest in 3,745,000 ordinary shares of The Works representing 5.992% of the share capital.

John Goold and Mark Kirkland, newly appointed Non-Independent Non-Executive Directors and PDMRs of The Works, are also directors of Kelso. As such, Kelso is deemed to be a 'Person Closely Associated' with John Goold and Mark Kirkland. John Goold and Mark Kirkland have no direct beneficial interest in The Works.

 

Enquiries:

 

TheWorks.co.uk plc

Gavin Peck, CEO

Rosie Fordham, CFO

 

 

 

via Sanctuary Counsel

Sanctuary Counsel

Ben Ullmann

Rachel Miller

Kitty Ryder

 

0207 340 0395

theworks@sanctuarycounsel.com

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Kelso Group Holdings Plc

2

Reason for the notification

(a)

Position/status

PCA of John Goold and Mark Kirkland (PDMRs)

(b)

Initial notification /Amendment

Initial Notification

3

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

(a)

Name

TheWorks.co.uk plc

(b)

LEI

894500W7PWBCCWBN9R03

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

Identification code

Ordinary shares of TheWorks.co.uk plc of 1p each

 

 

 

GB00BF5HBF20

(b)

Nature of the transaction

Purchase of ordinary shares.

 

(c)

Price(s) and volume(s)

Price (pence)

Quantity

22.7687

           25,000

22.8350

           50,000

23.3100

           50,000

23.6390

           25,000

24.0000

           50,000

24.5000

           17,000

24.6000

           33,000

24.5000

           35,000

25.5000

           10,000

25.3000

           25,000

26.0000

           25,000

(d)

Aggregated Information, Aggregated volume, Prices

Aggregated volume: 345,000 ordinary shares

Volume weighted average price: 24.03p

(e)

Date of the transaction

14 February 2024

(f)

Place of the transaction

London Stock Exchange

 

 

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