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RNS Number : 9952L Lookers PLC 18 May 2022
Lookers plc
("the Company")
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
18 May 2022
Exercise of Share Options
The Company announces that on 13 May 2022 Duncan McPhee, Chief Operating
Officer, exercised nil cost options to acquire ordinary shares of 5 pence each
in the Company ("ordinary shares") pursuant to the terms of the Company's Long
Term-Incentive Plan ("LTIP").
The options, which were awarded in 2019 and vested on 30 April 2022, were
exercised in relation to 49,450 ordinary shares in aggregate. 22,331 of the
shares arising from the exercise were sold to meet the tax liability arising
from the exercise. This sale took place on 16 May 2022 at a price of
£0.717075 pence per ordinary share.
In accordance with Article 19 of the UK Market Abuse Directive, detailed
information is set out below.
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name Duncan McPhee
2. Reason for the notification
a) Position / status Chief Operating Officer
b) Initial notification / amendment Initial Notification
3. Details of the issuer or emission allowance market participant
a) Name Lookers plc
b) LEI 213800TSB8PJEACDAV33
4. Details of the transaction(s):
a) Description of the financial instrument Ordinary shares of 5 pence
Identification code GB00B17MMZ46
b) Nature of the transaction Option exercise
c) Price(s) and volume(s) Price: Nil
Volume: 49,450
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 13 May 2022
f) Place of the transaction Private transaction
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name Duncan McPhee
2. Reason for the notification
a) Position / status Chief Operating Officer
b) Initial notification / amendment Initial Notification
3. Details of the issuer or emission allowance market participant
a) Name Lookers plc
b) LEI 213800TSB8PJEACDAV33
4. Details of the transaction(s):
a) Description of the financial instrument Ordinary shares of 5 pence
Identification code GB00B17MMZ46
b) Nature of the transaction Sale of shares
c) Price(s) and volume(s) Price: £0.717075
Volume: 22,331
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 16 May 2022
f) Place of the transaction London Stock Exchange
Enquiries:
Debbie Fish
Deputy Company Secretary
0161 291 0043
The Company is registered in England at Lookers House, 3 Etchells Road, West
Timperley, Altrincham WA14 5XS. Company registration number 00111876. LEI
number 213800TSB8PJEACDAV33
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