REG - Headlam Group PLC - Option Exercise and Transfer of Treasury Shares

HeadlamAnnouncement

10/11/2021 11:35

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RNS Number : 9634R  Headlam Group PLC  10 November 2021

10 November 2021

 

Headlam Group plc

('Headlam' or the 'Company')

 

Exercise of share options / Transfer of treasury shares

 

Headlam Group plc (LSE: HEAD), Europe's leading distributor of floorcoverings,
announces that, on 9 November 2021, share options granted under the 2018 grant
of the Headlam Group Sharesave Scheme ('SAYE'), were exercised at the option
price of £3.54 per share, by certain employees of the Company.

 

A total of 6,914 ordinary shares have been transferred from treasury stock for
the purpose of satisfying the exercise of the share options.

Following the above transfer of treasury stock, the Company holds 349,016
ordinary shares as treasury shares.

The total number of ordinary shares in issue (excluding shares held as
treasury shares) is 85,290,193 with one voting right per share. Therefore, the
total number of voting rights in the Company is 85,290,193.

The above figure may be used by shareholders in the Company 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 share capital
of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

 

 Headlam Group plc                                Tel: 01675 433 000

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

 Catherine Miles, Director of IR and ESG
 Investec Bank plc (Corporate Broker)             Tel: 020 7597 5970

 David Flin / Alex Wright

 Panmure Gordon (UK) Limited (Corporate Broker)   Tel: 020 7886 2500

 Erik Anderson / Edward Walsh / Ailsa MacMaster
 Alma PR (Financial PR)                           Tel: 020 3405 0205

 Susie Hudson / Harriet Jackson / Faye Calow      headlam@almapr.co.uk

Notes for Editors:

 

Headlam is Europe's leading floorcoverings distributor, providing the channel
between suppliers and trade customers of floorcoverings.

 

Headlam works with suppliers across the globe manufacturing a diverse range of
floorcovering products, and provides them with a cost efficient and effective
route to market for their products into the highly fragmented customer base.
Alongside long-established processing and distribution expertise, suppliers
benefit from Headlam's marketing and customer servicing into the most
extensive customer base.

 

To maximise customer reach, Headlam operates 66 businesses across the UK and
Continental Europe (France and the Netherlands). Each business operates under
its own trade brand and utilises individual sales teams while being supported
by the Company's network and centralised resources.

 

The Company's customer base covers both the residential and commercial
sectors, with the principal customer groups being independent retailers and
smaller flooring contractors alongside other groups such as larger retailers,
housebuilders, specifiers, and local authorities.

 

Headlam is focused on providing customers with a market-leading service
through:

 

·    the broadest product offering;

·    unrivalled product knowledge and tailored solutions;

·    sales team and marketing support;

·    e-commerce support; and

·    nationwide delivery and collection service.

 

www.headlam.com (http://www.headlam.com)

 

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