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

HeadlamAnnouncement

18/10/2024 15:45

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RNS Number : 8296I  Headlam Group PLC  18 October 2024

18 October 2024

Headlam Group plc

(the 'Company')

Director/PDMR shareholding

Exercise of option under the Headlam Group plc Deferred Bonus Plan and sale of
shares

Headlam Group plc (LSE: HEAD), Europe's leading floorcoverings distributor,
announces that on 17 October 2024, Chris Payne exercised his 2022 nil-cost
option to purchase 46,827 ordinary shares of 5 pence each in the capital of
the Company ('Shares') under the Company's Deferred Bonus Plan.  The number
of Shares under option reflects the addition of dividend equivalents in
Shares, calculated on a reinvestment basis.  Chris Payne subsequently sold
22,064 Shares to cover exercise costs (including tax and NI) arising on
exercise and has 24,763 retained Shares.

46,827 ordinary shares of 5 pence each have been transferred from treasury
stock for the purposes of satisfying the award.  Following the above transfer
of treasury stock, the Company holds 4,804,315 ordinary shares as treasury
shares.

The total number of ordinary shares in issue (excluding shares held as
treasury shares) is 80,834,894 with one voting right per share. Therefore, the
total number of voting rights in the Company is 80,834,894.  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

 Alison Hughes, General Counsel & Company Secretary
 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
 4.1  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 Deferred Bonus Plan
 d)   Price(s) and                                                 Price(s)  Volume(s)

                                                            nil       46,827
      volume(s)
 e)   Aggregated information                                       N/A

      -     Volume

      -     Price
 f)   Date of the transaction                                      17 October 2024
 g)   Place of the transaction                                     Outside a trading venue
 4.2  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                                    Sale of shares to cover costs of the exercise of a nil-cost option outlined in
                                                                   4.1 (including tax and NI liability)
 d)   Price(s) and                                                 Price(s)  Volume(s)

                                                            £1.2729   22,064
      volume(s)
 e)   Aggregated information                                       N/A

      -     Volume

      -     Price                                                  N/A - Single Transaction

                                                                   N/A - Single Transaction
 f)   Date of the transaction                                      17 October 2024
 g)   Place of the transaction                                     London Stock Exchange - XLON

e)

Aggregated information

-     Volume

-     Price

N/A

f)

Date of the transaction

17 October 2024

g)

Place of the transaction

Outside a trading venue

4.2

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

Sale of shares to cover costs of the exercise of a nil-cost option outlined in
4.1 (including tax and NI liability)

d)

Price(s) and

volume(s)

 Price(s)  Volume(s)
 £1.2729   22,064

e)

Aggregated information

-     Volume

-     Price

N/A

 

N/A - Single Transaction

N/A - Single Transaction

f)

Date of the transaction

17 October 2024

g)

Place of the transaction

London Stock Exchange - XLON

 

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