4 June 2025
Inspecs Group Plc
("Inspecs" the "Company" or "Group")
Director/PDMR Share Dealing
On 4 June 2025, options to acquire Ordinary Shares of 1 pence each in the capital of the Company ("Ordinary Shares") were granted under the Inspecs Long Term Incentive Plan 2020 ("LTIP") to Richard Peck (Chief Executive Officer). These options are over 400,000 Ordinary Shares in total and split into two grants:
· Grant One: Option over 250,000 Ordinary shares, entitling him to acquire these Ordinary Shares at an exercise price of 1 pence per Ordinary Share on or after 1 May 2026, subject to the satisfaction of the performance condition and his continued employment with, or provision of services to, the Group.
· Grant Two: Option over 150,000 Ordinary shares, entitling him to acquire these Ordinary Shares at an exercise price of 1 pence per Ordinary Share on or after 1 May 2027, subject to the satisfaction of the performance condition and his continued employment with, or provision of services to, the Group.
| 1. Details of the person discharging managerial responsibilities/person closely associated | |||||||
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| a) Name |
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| 2. Reason for the notification | | ||||||
| a) Position/status |
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| b) Initial notification / Amendment | Initial notification | ||||||
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) Name | Inspecs Group plc | ||||||
| b) LEI | 2138008Z4S4DHR6NE933 | ||||||
| 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 1 pence | ||||||
| b) Identification code | GB00BK6JPP03 | ||||||
| c) Nature of the transaction | Grant of option over 250,000 ordinary shares with an exercise price of 1 pence per share under the Inspecs Long Term Incentive Plan | ||||||
| d) Price(s) and volume(s) |
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| e) Aggregated information: i. Aggregated volume ii. price | N/A | ||||||
| f) Date of the transaction | 4 June 2025 | ||||||
| g) Place of the transaction | Outside a trading venue | ||||||
| 1. Details of the person discharging managerial responsibilities/person closely associated | |||||||
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| a) Name |
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| 2. Reason for the notification | | ||||||
| a) Position/status |
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| b) Initial notification / Amendment | Initial notification | ||||||
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) Name | Inspecs Group plc | ||||||
| b) LEI | 2138008Z4S4DHR6NE933 | ||||||
| 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 1 pence | ||||||
| b) Identification code | GB00BK6JPP03 | ||||||
| c) Nature of the transaction | Grant of option over 150,000 ordinary shares with an exercise price of 1 pence per share under the Inspecs Long Term Incentive Plan | ||||||
| d) Price(s) and volume(s) |
| ||||||
| e) Aggregated information: i. Aggregated volume ii. price | N/A | ||||||
| f) Date of the transaction | 4 June 2025 | ||||||
| g) Place of the transaction | Outside a trading venue | ||||||
For further information please contact:
| Inspecs Group plc Richard Peck (CEO) Chris Kay (CFO)
| via FTI Consulting Tel: +44 (0) 20 3727 1000 |
| Peel Hunt (Nominated Adviser and Broker) George Sellar Andrew Clark
| Tel: +44 (0) 20 7418 8900 |
| FTI Consulting (Financial PR) Alex Beagley Harriet Jackson Amy Goldup | Tel: +44 (0) 20 3727 1000
|
About INSPECS Group plc
INSPECS is a leading provider of eyewear solutions to the global eyewear market. The Group produces a broad range of eyewear frames, low vision aids and lenses, covering optical, sunglasses and safety, which are either "Branded" (under licence or under the Group's own proprietary brands), or "OEM" (unbranded or private label on behalf of retail customers).
INSPECS is building a global eyewear business through its vertically integrated business model. Its continued growth is underpinned by increasing the penetration of its own-brand portfolio, worldwide distribution, growing retail presence, maximising group synergies and its global network, expanding its manufacturing capacity and scaling the research and development department as it develops new and innovative eyewear products. The Group has operations across the globe: with offices and subsidiaries in the UK, Germany, Portugal, Scandinavia, the US and China (including Hong Kong, Macau and Shenzhen), and manufacturing facilities in Vietnam, China, the UK and Italy.
INSPECS customers are global optical and non-optical retailers, global distributors and independent opticians. Its distribution network covers over 80 countries and reaches approximately 75,000 points of sale.
More information is available at: https://INSPECS.com
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