REG - Inspecs Group PLC - Director/PDMR Share Dealing

InspecsAnnouncement

04/06/2025 11:15

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RNS Number : 4202L  Inspecs Group PLC  04 June 2025

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

 a)   Name                                                           Richard Peck
 2.   Reason for the notification
 a)   Position/status                                                Chief Executive Officer
 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)                                         Price(s)  Volume(s)
                                                                      £0.01     250,000
 e)   Aggregated information:                                        N/A

 i. Aggregated volume

 ii. price
 f)    Date of the transaction                                       4 June 2025
 g)   Place of the transaction                                       Outside a trading venue

2.   Reason for the notification

a)   Position/status

 Chief Executive Officer

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)

   Price(s)  Volume(s)
   £0.01     250,000

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

 a)   Name                                                           Richard Peck
 2.   Reason for the notification
 a)   Position/status                                                Chief Executive Officer
 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)                                         Price(s)  Volume(s)
                                                                      £0.01     150,000
 e)   Aggregated information:                                        N/A

 i. Aggregated volume

 ii. price
 f)    Date of the transaction                                       4 June 2025
 g)   Place of the transaction                                       Outside a trading venue

2.   Reason for the notification

a)   Position/status

 Chief Executive Officer

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)

   Price(s)  Volume(s)
   £0.01     150,000

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                         via FTI Consulting

 Richard Peck (CEO)                        Tel: +44 (0) 20 3727 1000

 Chris Kay (CFO)

 Peel Hunt (Nominated Adviser and Broker)  Tel: +44 (0) 20 7418 8900

 George Sellar

 Andrew Clark

 FTI Consulting (Financial PR)             Tel: +44 (0) 20 3727 1000

 Alex Beagley

 Harriet Jackson

 Amy Goldup

 

 

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 (https://inspecs.com/)

 

 

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