5 April 2024
Restore plc
("Restore" or the "Company")
Director/PDMR Shareholding
Grant of LTIP Share Options
Restore plc (AIM: RST), the UK's leading provider of digital and information management and secure lifecycle services, announces that on 5 April 2024, Charles Skinner, Chief Executive Officer, and Dan Baker, Chief Financial Officer, were granted (respectively) 385,397 and 242,693 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 4 April 2027, 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%.
Following the above award, Charles Skinner's and Dan Baker's beneficial interests in the Company are set out below:
| PDMR | Position | Number of LTIPs | Number of vested but unexercised share options | Number of Ordinary Shares |
| Charles Skinner | Chief Executive Officer | 934,529 | 0 | 1,546,022 |
| Dan Baker | Chief Financial Officer | 501,313 | 0 | 50,000 |
For further information please contact:
| Restore plc | |
| Chris Fussell, Company Secretary | +44 (0) 207 409 2420
|
| Investec (Nominated Adviser and Joint Broker) | www.investec.com |
| 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) Nick Hasell Alex Le May | +44 (0) 203 727 1340 |
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 /Amendment | Initial notification | |||
| 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 financial instrument, type of instrument | Ordinary shares of 5 pence each | |||
| Identification code | GB00B5NR1S72 | ||||
| b) | Nature of the transaction | Grant of awards pursuant to the LTIP | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | - | 385,397 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | As above - one transaction | ||||
| | | ||||
| - Price
- Total | | ||||
| | | ||||
| e)
| Date of the transaction
| 5 April 2024 | |||
| 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 /Amendment | Initial notification | |||
| 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 financial instrument, type of instrument | Ordinary shares of 5 pence each | |||
| Identification code | GB00B5NR1S72 | ||||
| b) | Nature of the transaction | Grant of awards pursuant to the LTIP | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | - | 242,693 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | As above - one transaction | ||||
| | | ||||
| - Price
- Total | | ||||
| | | ||||
| e)
| Date of the transaction
| 5 April 2024 | |||
| f)
| Place of the transaction
| Outside of a trading venue | |||
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