REG - Lords Group Trading - Director/PDMR Dealing

Lords TradingAnnouncement

29/11/2021 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20211129:nRSc8018Ta&default-theme=true

RNS Number : 8018T  Lords Group Trading PLC  29 November 2021

 

 

29 November 2021

 

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 481,106 new ordinary shares in
the capital of the Company ("Ordinary Shares") to a broad number of Group
employees ("2021 DBP Shares").

 

The 2021 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 2021.

 

Chris Day, the Company's Chief Financial Officer, has been awarded 13,158 DBP
Shares, as have certain other members of Group senior management considered to
be PDMRs of the Company. 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                                                       Tel: +44 (0)20 7397 8900
 Ben Jeynes / Max Gould / Dan Hodkinson (Corporate Finance)
 Alex Pollen (Sales)

 Buchanan Communications                                                     Tel: +44 (0) 20 7466 5000
 Henry Harrison-Topham / Stephanie Whitmore / Kim Looringh-van Beeck / Kiki  LGT@buchanan.uk.com (mailto:LGT@buchanan.uk.com)
 Norman

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                                                                            1.    Chris Day

                                                                                     2.    Michael Brockman

                                                                                     3.    Tim Holton

                                                                                     4.    Paul Markham

                                                                                     5.    Jamie Herd

                                                                                     6.    Steve Bath

 2   Reason for notification
 a)  Position/Status                                                                 1.    Chief Financial Officer

                                                                                     2.    PDMR

                                                                                     3.    PDMR

                                                                                     4.    PDMR

                                                                                     5.    PDMR

                                                                                     6.    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 0.5p each
     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)
                                                                                     1.    Nil      1.    13,158

                                                                                     2.    Nil      2.    42,105

                                                                                     3.    Nil      3.    13,158

                                                                                     4.    Nil      4.    14,474

                                                                                     5.    Nil      5.    31,579

                                                                                     6.    Nil      6.    20,175
 d)  Aggregated information                                                           n/a

 e)  Date of transaction                                                             29 November 2021

 f)  Place of transaction                                                            Outside of a trading venue

d)

Aggregated information

 n/a

 

e)

Date of transaction

29 November 2021

 

 

f)

Place of transaction

Outside of a trading venue

 

 

 

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  DSHUWARRAAUAUUA