REG - Ramsdens Holdings - CSOP update

Ramsdens HoldingsAnnouncement

13/03/2025 11:00

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RNS Number : 5813A  Ramsdens Holdings PLC  13 March 2025

Ramsdens Holdings PLC

 

("Ramsdens" or the "Company")

 

CSOP update

 

Ramsdens Holdings PLC, the diversified financial services provider and
retailer, announces the cancellation of options granted in 2022 under the
Company Share Option Plan (the "CSOP") to certain personnel of the trading
subsidiary (the "Options"). The Options relate to a total of 110,000 ordinary
shares of 1 pence each in the Company exercisable at 200.5 pence per share.
The Options were held by 20 members of the Senior Management Team, each with
5,500 options, including Jason Carr and Mark Smith, both of whom are deemed
persons discharging managerial responsibility ("PDMRs") as directors of the
Company's trading subsidiary.

 

Ramsdens' Board has taken the decision to cancel these CSOP options, and
instead offer the beneficiaries a cash bonus, paid from the Company's cash
reserves. The Board believes that this will benefit all shareholders by
limiting the shares in issue whilst also providing appropriate management
reward for the growth of the business.

 

DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Jason Carr

 2    Reason for the notification

 a)   Position/status                                              IT Director of trading subsidiary

 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  Share options over ordinary shares of 1p each.

      Identification code

                                                                   GB00BDR6V192
 b)   Nature of the transaction                                    Cancellation of options over ordinary shares

 c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                                                   N/A       5,500

 d)   Aggregated information

Price(s)  Volume(s)
                                                                   N/A       5,500

 

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      12 March 2025

 f)   Place of the transaction                                     Off market

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

 

 Price(s)  Volume(s)
 N/A       5,500

 

e)

 

Date of the transaction

 

12 March 2025

f)

 

Place of the transaction

 

Off market

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Mark Smith

 2    Reason for the notification

 a)   Position/status                                              Finance Director of trading subsidiary

 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  Share options over ordinary shares of 1p each.

      Identification code

                                                                   GB00BDR6V192
 b)   Nature of the transaction                                    Cancellation of options over ordinary shares

 c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                                                   N/A       5,500

 d)   Aggregated information

Price(s)  Volume(s)
                                                                   N/A       5,500

 

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      12 March 2025

 f)   Place of the transaction                                     Off market

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

 

 Price(s)  Volume(s)
 N/A       5,500

 

e)

 

Date of the transaction

 

12 March 2025

f)

 

Place of the transaction

 

Off market

 

 

 

Enquiries:

 

Ramsdens Holdings
PLC
Tel: +44 (0) 1642 579957

Peter Kenyon, CEO

Martin Clyburn, CFO

 

Panmure Liberum Limited

(Nominated Adviser and Broker)
                                Tel: +44 (0) 20
3100 2000

Atholl Tweedie

Will King

 

Hudson Sandler

(Financial
PR)
 
Tel: +44 (0) 20 7796 4133

Alex Brennan

Lucy Wollam-Coles

Emily Brooker

 

About Ramsdens

 

Ramsdens is a growing, diversified, financial services provider and retailer,
operating in the four core business segments of foreign currency exchange,
pawnbroking loans, precious metals buying and selling and retailing of second
hand and new jewellery.  Ramsdens does not offer unsecured high-cost short
term credit.

 

Headquartered on Teesside, the Group operates from 169 stores within the UK
(including one franchised store) and has a growing online presence.

 

Ramsdens is fully FCA authorised for its pawnbroking and credit broking
activities and as an authorised payment institution.

 

www.ramsdensplc.com (http://www.ramsdensplc.com)

 

www.ramsdensjewellery.co.uk (http://www.ramsdensjewellery.co.uk)

 

www.ramsdenscurrency.co.uk (http://www.ramsdenscurrency.co.uk)

 

www.ramsdenspawnbrokers.co.uk (http://www.ramsdenspawnbrokers.co.uk)

 

www.ramsdensgoldbuying.co.uk (http://www.ramsdensgoldbuying.co.uk)

 

 

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