Picture of Lookers logo

LOOK Lookers News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsSpeculativeMid Cap

REG - Lookers PLC - Director/PDMR Shareholding

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220518:nRSR9952La&default-theme=true

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHGZGMKKRDGZZM

Recent news on Lookers

See all news