REG - Ramsdens Holdings - Director/PDMR Shareholding

Ramsdens HoldingsAnnouncement

06/04/2023 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:20230406:nRSF5512Va&default-theme=true

RNS Number : 5512V  Ramsdens Holdings PLC  06 April 2023

6 April 2023

Ramsdens Holdings PLC

("Ramsdens" or the "Company")

Exercise of Options, Director/PDMR Shareholding and Total Voting Rights

Ramsdens, the diversified financial services provider and retailer, announces
an exercise of employee options, including by Peter Kenyon, Chief Executive
Officer and Martin Clyburn, Chief Financial Officer of the Company, and
certain persons discharging managerial responsibilities ("PDMRs").

The original grant of options took place on 16 July 2019 pursuant to the
Company's 2019 Long Term Incentive Plan (the "Options"), over a total of
225,000 ordinary shares in the capital of the Company (the "Ordinary Shares").
The LTIP Awards were subject to the achievement of performance targets with
50% of any award based on Earnings per Share growth and 50% of any award based
on the delivery of Total Shareholder Return.

The vesting of these Options took place on 4 April 2023, however as not all
the performance targets were fully met, only 73,425 Ordinary Shares of a
maximum of 225,000 vested.

Peter Kenyon, CEO, has exercised his Option over 16,500 Ordinary Shares and
Martin Clyburn, CFO, has exercised his Option over 8,250 Ordinary Shares, with
other beneficiaries exercising their Options over a total of 47,025 Ordinary
Shares.

Following the Option exercise, Peter Kenyon, Martin Clyburn and the other two
PDMRs subsequently sold a total of 37,950 new Ordinary Shares. The number of
Options exercised and Ordinary Shares subsequently sold, at an average price
of £2.24 per Ordinary Share, by Peter Kenyon, Martin Clyburn and the PDMRs,
together with their resultant total beneficial holdings of Ordinary Shares, is
set out below.

 Director / PDMR Role                                        LTIP Options  Number of     Resultant

                                                             Exercised     shares Sold   Shareholding
 Peter Kenyon, Chief Executive Officer                       16,500        16,500        1,152,507
 Martin Clyburn, Chief Financial Officer                     8,250         8,250            209,375
 Michael Johnson, Operations Director of trading subsidiary  8,250         8,250            538,840
 Jason Carr, IT Director of trading subsidiary               4,950         4,950           126,250

 

Application has been made to the London Stock Exchange for the 71,775 Ordinary
Shares to be admitted to trading on AIM ("Admission") and it is expected that
Admission will become effective and trading will commence at 8.00 a.m. on 14
April 2023.

In accordance with the FCA's Disclosure Guidance and Transparency Rule 5.6.1,
the Company confirms that, following Admission, its issued share capital will
consist of 31,714,982 Ordinary Shares. The Company does not currently hold any
Ordinary Shares in treasury. Therefore, the total number of voting rights in
the Company is 31,714,982.

The above figure may be used by shareholders as the denominator for the
calculation by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.

For further information please contact:

Enquiries:

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

Emily Brooker

 

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: Peter Kenyon
 2.   Reason for the notification

 a)   Position/status: CEO
 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: Ordinary shares
      of 1p each.

      Identification code: GB00BDR6V192

 b)   Nature of the transaction:

      Exercise of options

 c)   Prices  Volumes
      1p      16,500
 d)   Aggregated information:

      Aggregated volume: 16,500

      Aggregated average price: 1p
 e)   Date of the transaction: 5 April 2023
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

Aggregated volume: 16,500

Aggregated average price: 1p

e)

Date of the transaction: 5 April 2023

f)

Place of the transaction: Outside a trading venue

 

 

 1.   Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name: Peter Kenyon
 2.   Reason for the notification

 a)   Position/status: CEO
 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: Ordinary shares
      of 1p each.

      Identification code: GB00BDR6V192

 b)   Nature of the transaction:

      Sale of Ordinary Shares

 c)   Prices     Volumes
      223.8777p  16,500
 d)   Aggregated information:

      Aggregated volume: 16,500

      Aggregated average price: 223.8777p
 e)   Date of the transaction: 5 April 2023
 f)   Place of the transaction: London Stock Exchange

d)

Aggregated information:

Aggregated volume: 16,500

Aggregated average price: 223.8777p

e)

Date of the transaction: 5 April 2023

f)

Place of the transaction: London Stock Exchange

 

 

 

 1.   Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name: Martin Clyburn
 2.   Reason for the notification

 a)   Position/status: CFO
 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: Ordinary shares
      of 1p each.

      Identification code: GB00BDR6V192

 b)   Nature of the transaction:

      Exercise of options

 c)   Prices  Volumes
      1p      8,250
 d)   Aggregated information:

      Aggregated volume: 8,250

      Aggregated average price: 1p
 e)   Date of the transaction: 5 April 2023
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

Aggregated volume: 8,250

Aggregated average price: 1p

e)

Date of the transaction: 5 April 2023

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: CFO
 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: Ordinary shares
      of 1p each.

      Identification code: GB00BDR6V192

 b)   Nature of the transaction:

      Sale of Ordinary Shares

 c)   Prices     Volumes
      223.8777p  8,250
 d)   Aggregated information:

      Aggregated volume: 8,250

      Aggregated average price: 223.8777p
 e)   Date of the transaction: 5 April 2023
 f)   Place of the transaction: London Stock Exchange

d)

Aggregated information:

Aggregated volume: 8,250

Aggregated average price: 223.8777p

e)

Date of the transaction: 5 April 2023

f)

Place of the transaction: London Stock Exchange

 

 

 1.   Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name: Michael Johnson
 2.   Reason for the notification

 a)   Position/status: Operations 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: Ordinary shares
      of 1p each.

      Identification code: GB00BDR6V192

 b)   Nature of the transaction:

      Exercise of options

 c)   Prices  Volumes
      1p      8,250
 d)   Aggregated information:

      Aggregated volume: 8,250

      Aggregated average price: 1p
 e)   Date of the transaction: 5 April 2023
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

Aggregated volume: 8,250

Aggregated average price: 1p

e)

Date of the transaction: 5 April 2023

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: Operations 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: Ordinary shares
      of 1p each.

      Identification code: GB00BDR6V192

 b)   Nature of the transaction:

      Sale of Ordinary Shares

 c)   Prices     Volumes
      223.8777p  8,250
 d)   Aggregated information:

      Aggregated volume: 8,250

      Aggregated average price: 223.8777p
 e)   Date of the transaction: 5 April 2023
 f)   Place of the transaction: London Stock Exchange

d)

Aggregated information:

Aggregated volume: 8,250

Aggregated average price: 223.8777p

e)

Date of the transaction: 5 April 2023

f)

Place of the transaction: London Stock Exchange

 

 

 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: Ordinary shares
      of 1p each.

      Identification code: GB00BDR6V192

 b)   Nature of the transaction:

      Exercise of options

 c)   Prices  Volumes
      1p      4,950
 d)   Aggregated information:

      Aggregated volume: 4,950

      Aggregated average price: 1p
 e)   Date of the transaction: 5 April 2023
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

Aggregated volume: 4,950

Aggregated average price: 1p

e)

Date of the transaction: 5 April 2023

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: 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: Ordinary shares
      of 1p each.

      Identification code: GB00BDR6V192

 b)   Nature of the transaction:

      Sale of Ordinary Shares

 c)   Prices     Volumes
      223.8777p  4,950
 d)   Aggregated information:

      Aggregated volume: 4,950

      Aggregated average price: 223.8777p
 e)   Date of the transaction: 5 April 2023
 f)   Place of the transaction: London Stock Exchange

d)

Aggregated information:

Aggregated volume: 4,950

Aggregated average price: 223.8777p

e)

Date of the transaction: 5 April 2023

f)

Place of the transaction: London Stock Exchange

 

 

 

 

 

 

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 or visit 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.

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  DSHSSLFWIEDSESL