REG - Portmeirion Group - Exercise of Options, PDMR & Voting Rights

PortmeirionAnnouncement

03/06/2025 07:00

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RNS Number : 0905L  Portmeirion Group PLC  03 June 2025

 

3 June 2025

 

Portmeirion Group PLC

(the "Company" and the "Group")

 

Exercise of Options, PDMR Shareholdings and

Total Voting Rights

 

The Company announces that, on 2 June 2025, the following Executive Director
and senior employees exercised options over Ordinary shares of 5 pence each in
the Company ("Ordinary Shares") which were granted on 25 April 2022 pursuant
to the 2018 Deferred Incentive Share Option Plan (the "Deferred Plan").

 

                                           Number of           Total exercise  Total number of Ordinary Shares held following exercise of options  Percentage of Company's issued share capital following exercise

                                           options exercised   Price                                                                               of options
 Mike Raybould, Chief Executive            10,813              £1.00           27,729                                                              0.20%
 Mick Knapper, Group Operations Director   5,506               £1.00           13,697                                                              0.10%
 Bill Robedee, President of North America  7,051               £1.00           7,051                                                               0.05%

 

In addition, a former employee of the Company exercised 4,279 options granted
on 25 April 2022 under the Deferred Plan.

 

Accordingly, the Company transferred 27,649 Ordinary Shares on 2 June 2025
from Ordinary Shares held in treasury by the Company in respect of the above
exercises.

 

Following the above transactions, the total number of Ordinary Shares held by
the Company in treasury is 182,633 and the Company has 14,204,087 Ordinary
Shares in issue and 14,021,454 Ordinary Shares with voting rights. The figure
of 14,021,454 Ordinary Shares may be used by shareholders of Portmeirion Group
PLC as the denominator for the calculations to determine if they are required
to notify their interest in, or a change to their interest in, the Company
under the FCA's Disclosure and Transparency Rules.

 

The notification below, made in accordance with the requirements of the EU
Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging
managerial responsibilities / person closely associated with them.

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                     1.    Mike Raybould - Chief Executive

                                              2.    Mick Knapper - Group Operations Director

                                              3.    Bill Robedee - President of North America
 2.  Reason for the notification
 a)  Position/status                          See 1(a) above for all positions - all classified as PDMRs of the Company
 b)  Initial notification/Amendment           Initial Notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                     Portmeirion Group PLC
 b)  LEI                                      2138003QC9J6TLZJHO70
 3.  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  Ordinary Shares of 5 pence each
 b)  Identification code                      GB0006957293
 c)  Nature of the transactions               Exercise of options over Ordinary Shares
 d)  Price(s) and volume(s)                   1.    Exercise price of £1.00 per all 10,813 Deferred Plan options over
                                              Ordinary Shares exercised by Mike Raybould.

                                              2.    Exercise price of £1.00 per all 5,506 Deferred Plan options over
                                              Ordinary Shares exercised by Mick Knapper.

                                              3.    Exercise price of £1.00 per all 7,051 Deferred Plan options over
                                              Ordinary Shares exercised by Bill Robedee.

 e)  Aggregated information                   £1.00

     -     Aggregated volume                  £1.00

     -     Price                              £1.00
 f)  Date of the transactions                 2 June 2025
 f)  Place of the transactions                Outside a trading venue

 

Name of authorised official of issuer responsible for making notification:

 

Moira MacDonald

Company Secretary to Portmeirion Group PLC

 

ENQUIRIES:

 

 Portmeirion Group PLC:
 Mike Raybould, Chief Executive          +44 (0) 1782 743 444
 Jonathan Hill, Group Finance Director   +44 (0) 1782 743 444

 Houston:
 Kate Hoare                              +44 (0)204 529 0549    portmeiriongroup@houston.co.uk (mailto:portmeiriongroup@houston.co.uk)
 India Spencer

 Shore Capital:                          +44 (0) 207 408 4090

 (Nominated Adviser and Joint Broker):
 Patrick Castle                          Corporate Advisory
 Lucy Bowden

 Malachy McEntyre                        Corporate Broking

 Isobel Jones

 

 Singer Capital Markets

 (Joint Broker):         +44 (0) 207 496 3000
 Peter Steel             Investment Banking
 Asha Chotai

 

NOTES TO EDITOR:

Portmeirion Group PLC is a global homewares brand group based
in Stoke-on-Trent, England.  The Group owns six unrivalled heritage and
contemporary brands; Spode, Portmeirion, Royal Worcester, Pimpernel, Wax
Lyrical and Nambé.  The Group serves markets across the world, with global
demand driven by diversified international markets including the key
geographies of the US, UK and South Korea.

 

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