REG - Headlam Group PLC - Employee SAYE scheme & Director/PDMR shareholding

HeadlamAnnouncement

03/05/2018 14:55

2018-05-03T13:50:56.963Zreuters.comtag:reuters.com,2018-05-03:newsml_RSC0684Na:13TXT
This file is provided for EAP sample purposes only; it's structure and detail are subject to change, and should not be used as a definitive reference for actual development and processing.2018-05-03T13:50:56.963Z2018-05-03T13:50:56.963Z____UCDP:parsn_lse_10.54.4.69_1.2.37235:2019-06-03T13:50:56.963Z3RSC0684NaREG - Headlam Group PLC  - Employee SAYE scheme & Director/PDMR shareholdingHome Furnishings (NEC) (TRBC level 5)LEGACY: Household Goods (TRBC)Consumer Cyclicals (TRBC level 1)Cyclical Consumer Products (TRBC level 2)Household Goods (TRBC level 3)LEGACY: Cyclical Consumer Goods & Services (TRBC)LEGACY: Cyclical Consumer Products (TRBC)Home Furnishings (TRBC level 4)Western EuropeUnited KingdomEuropeSuggested SourcesConsumer Products and ServicesConsumer ProductsNews AnnouncementsRegulatory Corporate News AnnouncementsCompany NewsEurope daily earnings hits & missesHeadlam Group PLC








RNS Number : 0684N
Headlam Group PLC
03 May 2018
 

3 May 2018
Headlam Group plc
('Headlam' or the 'Company')
 
Employee SAYE scheme and Director/PDMR shareholding
 
Headlam Group plc (LSE: HEAD), Europe's largest distributor of floorcoverings, announces that the Company was notified on 3 May 2018 of the following share option grant to a Director of the Company under the Company's HMRC approved Save as You Earn ('SAYE') scheme. 
Under the 2018 SAYE scheme, certain employees of the Company have chosen to participate resulting in them today being granted options to subscribe for in aggregate 679,269 ordinary shares of 5 pence each in the capital of the Company ('SAYE Options'). The SAYE Options have an exercise price, calculated in accordance with the rules of the SAYE scheme, of 353.464p per SAYE Option.
Pursuant to the 2018 SAYE scheme, open to all eligible employees as defined by the scheme, Chris Payne, Chief Financial Officer of the Company, elected to participate and has received 5,084 SAYE Options.
Enquiries:




Headlam Group plc


Tel: 01675 433 000




Steve Wilson, Chief Executive
Catherine Miles, Director of Communications


 
 
 




Investec Bank plc (Corporate Broker) 


Tel: 020 7597 5970




Garry Levin / David Flin / Alex Wright


 




 


 




Buchanan (Financial PR and IR)


Tel: 020 7466 5000




Mark Court / Sophie Wills / Catriona Flint
 


 


 










Notes for Editors:
 
Headlam is Europe's largest distributor of floorcoverings having grown significantly via organic growth and acquisition since 1992.
 
Headlam's core business provides the distribution link between suppliers and customers of floorcoverings, providing suppliers with the greatest coverage and customer penetration for their products across the UK and Continental Europe, and customers with the broadest range of products supported by next day delivery.
 
The Company is engaged with suppliers across 16 primary countries whose products cover a significant proportion of the floorcoverings market including carpet, residential vinyl, engineered wood, laminate, luxury vinyl tiles, ceramic tiles, underlay and commercial flooring. The Company's customers are within both the residential and commercial sectors and comprise principally independent retailers and flooring contractors.
 
The Company comprises 64 wholly-owned businesses in the UK and Continental Europe (UK 60, Continental Europe 4) each operating under their own trade brand and utilising their individual sales team which achieves greater market penetration.
 
Each of the businesses is supported by the Company's centralised and financial resources and extensive distribution network across the UK and Continental Europe.
 
www.headlam.com
 
 
Notification and public disclosure of transactions by persons discharging managerial responsibilities / persons closely associated with them.
 




1.


Details of PDMR / person closely associated with them ("PCA")




a)


Name
 


Chris Payne
 
 
 
 




2.


Reason for the notification
 
 
                      




a)


Position / status


Chief Financial Officer




b)


Initial notification / amendment


Initial notification




3.


Details of the issuer




a)


Name


Headlam Group plc
 




b)


LEI


213800I4AZZUJEYX9O90
 
 




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 £0.05 each. 




b)


Identification code


ISIN: GB0004170089




c)


Nature of the transaction


Grant of options to acquire ordinary shares under the Company's SAYE scheme. Subject to the rules of the SAYE scheme, the option will be exercisable in 2021.
 
 




d)


Price(s) and
volume(s)






Price(s)


Volume(s)




353.464p


5,084









e)


Aggregated information
-     Volume
-     Price


N/A




f)


Date of the transaction


3 May 2018




g)


Place of the transaction


Outside a trading venue




 



This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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