REG - Ramsdens Holdings - Director/PDMR Shareholding

Ramsdens HoldingsAnnouncement

11/02/2021 07:00

RNS Number : 6908O
  
Ramsdens Holdings PLC
  
11 February 2021
  
 

 
Ramsdens Holdings PLC
("Ramsdens" or the "Company")
Director/PDMR transaction notification
Ramsdens, the diversified financial services provider and retailer, announces that on 8 February 2021, the following conditional awards were granted over 1p ordinary shares in the capital of the Company under the Ramsdens Long Term Incentive Plan ("LTIP"). 




Executives


Role


Number of LTIP shares awarded 




Peter Kenyon


CEO (Director)


120,000




Martin Clyburn


CFO (Director)


80,000




Mike Johnson


Operations Director of trading subsidiary (PDMR)


60,000




Jason Carr


IT Director of trading subsidiary (PDMR)


20,000




The intention to grant the conditional awards was disclosed in Ramsdens' 2020 Annual Report and Accounts, published on the 18 December 2020. 
The LTIP awards for the Directors and PDMRs will vest in 2023 in accordance with the plan rules and are subject to the achievement of performance targets, with 50% of any award based on growing the Earnings per Share and 50% of any award based on the delivery of the Total Shareholder Return.
These targets will be measured over a three-year period of the three financial years to 31st March 2023.  The amounts shown above represent the maximum amount of shares that could be awarded to the executive team should the performance targets be achieved.
A further 17 members of the senior management team have been granted conditional awards as part of the Company's remuneration strategy to align the senior team with its shareholders and longer-term objectives.  
 
The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.
 
 




1


Details of the person discharging managerial responsibilities/person closely associated
 




a)


Name


Peter Kenyon




2


Reason for the notification




a)


Position/status


Chief Executive Officer




b)


Initial notification/ Amendment


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Ramsdens Holdings PLC




b)


LEI


2138009OAUOROKMFPK95




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
 
Identification code
 


Ordinary shares of £0.01 in Ramsdens Holdings PLC
 
 
 
ISIN: GB00BDR6V192




b)


Nature of the transaction


Grant of LTIP award under Ramsdens Long Term Incentive Plan.




c)


Price(s) and volume(s)
 


 




Price(s)


Volume(s)




 
N/A
 


 
120,000




 
 




d)


Aggregated information
 
-        Aggregated volume
 
-      Price
 


 
 
 
N/A




e)


Date of the transaction


8 February 2021




f)


Place of the transaction


Outside a trading venue




 




1


Details of the person discharging managerial responsibilities/person closely associated
 




a)


Name


Martin Clyburn




2


Reason for the notification




a)


Position/status


Chief Financial Officer




b)


Initial notification/ Amendment


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Ramsdens Holdings PLC




b)


LEI


2138009OAUOROKMFPK95




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
 
Identification code
 


Ordinary shares of £0.01 in Ramsdens Holdings PLC
 
 
 
ISIN: GB00BDR6V192




b)


Nature of the transaction


Grant of LTIP award under Ramsdens Long Term Incentive Plan.




c)


Price(s) and volume(s)
 


 




Price(s)


Volume(s)




 
N/A
 


 
80,000




 
 




d)


Aggregated information
 
-        Aggregated volume
 
-      Price
 


 
 
 
N/A




e)


Date of the transaction


8 February 2021




f)


Place of the transaction


Outside a trading venue




 
 




1


Details of the person discharging managerial responsibilities/person closely associated
 




a)


Name


Michael Johnson




2


Reason for the notification




a)


Position/status


PDMR




b)


Initial notification/ Amendment


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Ramsdens Holdings PLC




b)


LEI


2138009OAUOROKMFPK95




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
 
Identification code
 


Ordinary shares of £0.01 in Ramsdens Holdings PLC
 
 
 
ISIN: GB00BDR6V192




b)


Nature of the transaction


Grant of LTIP award under Ramsdens Long Term Incentive Plan.




c)


Price(s) and volume(s)
 


 




Price(s)


Volume(s)




 
N/A
 


 
60,000




 
 




d)


Aggregated information
 
-        Aggregated volume
 
-      Price
 


 
 
 
N/A




e)


Date of the transaction


8 February 2021




f)


Place of the transaction


Outside a trading venue




 
 
 




1


Details of the person discharging managerial responsibilities/person closely associated
 




a)


Name


Jason Carr




2


Reason for the notification




a)


Position/status


PDMR




b)


Initial notification/ Amendment


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Ramsdens Holdings PLC




b)


LEI


2138009OAUOROKMFPK95




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
 
Identification code
 


Ordinary shares of £0.01 in Ramsdens Holdings PLC
 
 
 
ISIN: GB00BDR6V192




b)


Nature of the transaction


Grant of LTIP award under Ramsdens Long Term Incentive Plan.




c)


Price(s) and volume(s)
 


 




Price(s)


Volume(s)




 
N/A
 


 
20.000




 
 




d)


Aggregated information
 
-        Aggregated volume
 
-      Price
 


 
 
 
N/A




e)


Date of the transaction


8 February 




f)


Place of the transaction


Outside a trading venue




 
 
 
Enquiries:
 
Ramsdens Holdings PLC                                               Tel: +44 (0) 1642 579957
Peter Kenyon, CEO
Martin Clyburn, CFO
 
Liberum Capital Limited, Nominated Adviser            Tel: +44 (0) 20 3100 2000
Richard Crawley
Lauren Kettle
 
 
Hudson Sandler (Financial PR)                                     Tel: +44 (0) 20 7796 4133
Alex Brennan
Lucy Wollam 
 
 

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