REG - Lords Group Trading - Deferred BPA and Director/PDMR Dealing
27/05/2022 07:00
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RNS Number : 9980M Lords Group Trading PLC 27 May 2022
For immediate release 27 May 2022
Lords Group Trading plc
('Lords', the 'Company' or the 'Group')
Deferred Bonus Plan Awards Issuance
Director/PDMR Dealing
Lords Group Trading plc, a leading distributor of building materials in the
UK, announces that under the Lords Deferred Bonus Plan ('DBP') it has made
conditional awards over an aggregate of up to 705,170 new ordinary shares in
the capital of the Company ('Ordinary Shares') to a broad number of Group
employees ('2022 DBP Shares').
The DBP is part of the Group's incentive arrangements stated at the time of
admission to trading on AIM, in line with the recognition of the ongoing
efforts of the Group's employees and the importance of ensuring that all
employees are well motivated and identify closely with the long-term success
of the Group.
The 2022 DBP Shares will vest on 30 January 2024 subject to awardee's
continued employment with the Group and the achievement of certain performance
criteria in respect of the year ended 31 December 2022.
PDMR Participation in 2022 DBP Shares
Members of Group's senior management considered to be PDMRs of the Company
have been awarded 167,474 DBP Shares:
PDMR Position Award
Martin Keay Managing Director, A.W. Lumb 19,417
Michael Brockman Managing Director, APP 46,602
Paul Markham Managing Director, Weldit 16,019
Jamie Herd Manging Director, Lords Builders Merchants and George Lines 34,951
Steve Bath Purchasing director, PDMR 22,330
Tilak Patel Managing Director, Lords at Home 13,592
Tim Holton Group Acquisition and Integration Director 14,563
The notifications below, made in accordance with the UK Market Abuse
Regulation, provide further details.
FOR FURTHER ENQUIRIES:
Lords Group Trading plc Via Buchanan
Shanker Patel, Chief Executive Officer Tel: +44 (0) 20 7466 5000
Chris Day, Chief Financial Officer
Cenkos Securities plc (Nominated Adviser and Joint Broker) Tel: +44 (0)20 7397 8900
Ben Jeynes / Max Gould / Dan Hodkinson (Corporate Finance)
Alex Pollen (Sales)
Berenberg (Joint Broker) Tel: +44 (0)20 3207 7800
Matthew Armitt / Richard Bootle / Ciaran Walsh
Buchanan Communications Tel: +44 (0) 20 7466 5000
Henry Harrison-Topham / Stephanie Whitmore/ Kim Looringh-van Beeck / Abby LGT@buchanan.uk.com
Gilchrist
The following notifications are intended to satisfy the Company's obligations
under Article 19(3) of the Market Abuse Regulation.
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Martin Keay
2 Reason for notification
a) Position/Status Managing Director, A.W. Lumb
b) Initial notification/amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Lords Group Trading plc
b) LEI 9845009A4D87F1CE5145
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 and identification Ordinary shares of 0.5peach
code
ISIN: GB00BM9CLS53
b) Nature of transaction Conditional award of new ordinary shares pursuant to Lords Group Deferred
Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 19,417
d) Aggregated information n/a
e) Date of transaction 27 May 2022
f) Place of transaction Outside of a trading venue
d)
Aggregated information
n/a
e)
Date of transaction
27 May 2022
f)
Place of transaction
Outside of a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Michael Brockman
2 Reason for notification
a) Position/Status Managing Director, APP
b) Initial notification/amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Lords Group Trading plc
b) LEI 9845009A4D87F1CE5145
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 and identification Ordinary shares of 0.5peach
code
ISIN: GB00BM9CLS53
b) Nature of transaction Conditional award of new ordinary shares pursuant to Lords Group Deferred
Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 46,602
d) Aggregated information n/a
e) Date of transaction 27 May 2022
f) Place of transaction Outside of a trading venue
d)
Aggregated information
n/a
e)
Date of transaction
27 May 2022
f)
Place of transaction
Outside of a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Paul Markham
2 Reason for notification
a) Position/Status Managing Director, Weldit
b) Initial notification/amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Lords Group Trading plc
b) LEI 9845009A4D87F1CE5145
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 and identification Ordinary shares of 0.5peach
code
ISIN: GB00BM9CLS53
b) Nature of transaction Conditional award of new ordinary shares pursuant to Lords Group Deferred
Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 16,019
d) Aggregated information n/a
e) Date of transaction 27 May 2022
f) Place of transaction Outside of a trading venue
d)
Aggregated information
n/a
e)
Date of transaction
27 May 2022
f)
Place of transaction
Outside of a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Jamie Herd
2 Reason for notification
a) Position/Status Manging Director, Lords Builders Merchants and George Lines
b) Initial notification/amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Lords Group Trading plc
b) LEI 9845009A4D87F1CE5145
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 and identification Ordinary shares of 0.5peach
code
ISIN: GB00BM9CLS53
b) Nature of transaction Conditional award of new ordinary shares pursuant to Lords Group Deferred
Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 34,951
d) Aggregated information n/a
e) Date of transaction 27 May 2022
f) Place of transaction Outside of a trading venue
d)
Aggregated information
n/a
e)
Date of transaction
27 May 2022
f)
Place of transaction
Outside of a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Steve Bath
2 Reason for notification
a) Position/Status Purchasing director, PDMR
b) Initial notification/amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Lords Group Trading plc
b) LEI 9845009A4D87F1CE5145
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 and identification Ordinary shares of 0.5peach
code
ISIN: GB00BM9CLS53
b) Nature of transaction Conditional award of new ordinary shares pursuant to Lords Group Deferred
Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 22,330
d) Aggregated information n/a
e) Date of transaction 27 May 2022
f) Place of transaction Outside of a trading venue
d)
Aggregated information
n/a
e)
Date of transaction
27 May 2022
f)
Place of transaction
Outside of a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Tilak Patel
2 Reason for notification
a) Position/Status Managing Director, Lords at Home
b) Initial notification/amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Lords Group Trading plc
b) LEI 9845009A4D87F1CE5145
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 and identification Ordinary shares of 0.5peach
code
ISIN: GB00BM9CLS53
b) Nature of transaction Conditional award of new ordinary shares pursuant to Lords Group Deferred
Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 13,592
d) Aggregated information n/a
e) Date of transaction 27 May 2022
f) Place of transaction Outside of a trading venue
d)
Aggregated information
n/a
e)
Date of transaction
27 May 2022
f)
Place of transaction
Outside of a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Tim Holton
2 Reason for notification
a) Position/Status Group Acquisition and Integration Director
b) Initial notification/amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Lords Group Trading plc
b) LEI 9845009A4D87F1CE5145
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 and identification Ordinary shares of 0.5peach
code
ISIN: GB00BM9CLS53
b) Nature of transaction Conditional award of new ordinary shares pursuant to Lords Group Deferred
Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 14,563
d) Aggregated information n/a
e) Date of transaction 27 May 2022
f) Place of transaction Outside of a trading venue
d)
Aggregated information
n/a
e)
Date of transaction
27 May 2022
f)
Place of transaction
Outside of a trading venue
- Ends -
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