REG - Headlam Group PLC - Director/PDMR Shareholding & Exercise of Option

HeadlamAnnouncement

01/08/2023 14:30

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RNS Number : 9510H  Headlam Group PLC  01 August 2023

1 August 2023

Headlam Group plc

(the 'Company')

Director/PDMR shareholding

Exercise of option under the Headlam 2017 Deferred Bonus Plan

Headlam Group plc (LSE: HEAD), Europe's leading floorcoverings distributor,
announces that on 31 July 2023, Chris Payne exercised his 2020 nil-cost option
to acquire 26,447 ordinary shares of 5 pence each in the capital of the
Company ('Shares') under the Company's 2017 Deferred Bonus Plan. The number of
Shares received on exercise of the option reflects the inclusion of dividend
equivalents in Shares, calculated on a reinvestment basis.

Chris Payne has paid the income tax and National Insurance contributions from
personal funds and has therefore retained the full balance of Shares.

The exercise of the nil-cost option by Mr Payne has been satisfied through the
transfer of existing Shares held by the trustee of the Headlam Employees'
Share Trust ('EST') and, as such, no new Shares have been issued in connection
with the option exercise.

Therefore, the total number of Shares with voting rights in the Company
following admission will remain 80,768,367. This figure may be used by
shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in the Company under the FCA's Disclosure Guidance and
Transparency Rules.

Enquiries:

 Headlam Group plc                                 Tel: 01675 433 000

 Chris Payne, Chief Executive                      Email: headlamgroup@headlam.com (mailto:headlamgroup@headlam.com)

 Adam Phillips, Chief Financial Officer

 Catherine Miles, Director of IR and ESG
 Panmure Gordon (UK) Limited (Corporate Broker)   Tel: 020 7886 2500

 Tom Scrivens / Atholl Tweedie
 Peel Hunt LLP (Corporate Broker)                   Tel: 020 7418 8900

 George Sellar / John Welch

 

 

 

Notification and public disclosure of transactions by PDMRs and 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 Executive
 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                                    Exercise of a nil-cost option under the Company's 2017 Deferred Bonus Plan
 d)  Price(s) and                                                 Price(s)  Volume(s)

                                                            nil       26,447
     volume(s)
 e)  Aggregated information

     -     Volume                                                 N/A (single transaction)

     -     Price
 f)  Date of the transaction                                      31 July 2023
 g)  Place of the transaction                                     Outside a trading venue

e)

Aggregated information

-     Volume

-     Price

 

N/A (single transaction)

f)

Date of the transaction

31 July 2023

g)

Place of the transaction

Outside a trading venue

 

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