REG - Ramsdens Holdings - Director/PDMR Shareholding

Ramsdens HoldingsAnnouncement

24/04/2025 10:00

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RNS Number : 0442G  Ramsdens Holdings PLC  24 April 2025

24 April 2025

 

Ramsdens Holdings PLC

 

("Ramsdens", the Group, or the "Company")

 

Director/PDMR Shareholding

 

Ramsdens, the diversified financial services provider and retailer, announces
that on 24 April 2025, the Company adopted its Long‐Term Incentive Plan 8
(the "Plan"). The Plan follows the principles of the Group's existing LTIPs,
in recognising the contribution of the management team for the three years to
FY27. The intention to grant the potential conditional awards was disclosed in
Ramsdens' 2024 Annual Report and Accounts, published on 14 January 2025.

 

In accordance with the Group's remuneration strategy, the Plan extends to five
members of the Senior Management Team, including CEO Peter Kenyon and CFO
Martin Clyburn (the "Executive Directors"). The award grants options over 1p
Ordinary Shares in the capital of the Company (the "Shares"), with vested
awards under the Plan exercisable at 1 pence per share.

 

The Executive Directors have been granted a total of 180,000 LTIP shares, to
vest in 2027 in accordance with the Plan rules and subject to the achievement
of performance targets, with 50% of any award linked to targeted increases in
the Earnings per Share of the Company, and the remaining 50% of any award
based on the delivery of the Total Shareholder Return. These targets will be
measured over the three financial years to 30 September 2027.

 

These grants represent the maximum possible share awards to the Executive
Directors should the performance targets be achieved in full. The Plan rules
include malus and clawback provisions.

 

A further 110,000 LTIP shares have been issued pursuant to the Plan to three
members of the Senior Management Team, including Michael Johnson (Operations
Director), Jason Carr (IT Director) and Mark Smith (Finance Director) with the
same performance criteria and rules.

 

The following table summarises the awards issued.

 

 Name             Role                                           Number of LTIP

                                                                 shares awarded
 Peter Kenyon     CEO (Director)                                 100,000
 Martin Clyburn   CFO (Director)                                 80,000
 Michael Johnson  Operations Director of trading subsidiary      50,000

                  (PDMR)

 Jason Carr       IT Director of trading subsidiary              30,000

                  (PDMR)

 Mark Smith       Finance Director of trading subsidiary (PDMR)  30,000

 

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:

      Grant of options pursuant to LTIP

 c)   Prices  Volumes
      1p      100,000
 d)   Aggregated information:

      N/A
 e)   Date of the transaction: 24 April 2025
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

N/A

e)

Date of the transaction: 24 April 2025

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:

       Grant of Options pursuant to LTIP

 c)   Prices  Volumes
      1p      80,000
 d)   Aggregated information:

      N/A
 e)   Date of the transaction: 24 April 2025
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

N/A

e)

Date of the transaction: 24 April 2025

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

      (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: Ordinary shares
      of 1p each.

      Identification code: GB00BDR6V192

 b)    Nature of the transaction:

      Grant of options pursuant to LTIP

 c)   Prices  Volumes
      1p      50,000
 d)   Aggregated information:

      N/A
 e)   Date of the transaction: 24 April 2025
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

N/A

e)

Date of the transaction: 24 April 2025

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:

      Grant of options pursuant to LTIP

 c)   Prices  Volumes
      1p      30,000
 d)   Aggregated information:

      N/A
 e)   Date of the transaction: 24 April 2025
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

N/A

e)

Date of the transaction: 24 April 2025

f)

Place of the transaction: Outside a trading venue

 

 

 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: Ordinary shares
      of 1p each.

      Identification code: GB00BDR6V192

 b)    Nature of the transaction:

      Grant of options pursuant to LTIP

 c)   Prices  Volumes
      1p      30,000
 d)   Aggregated information:

      N/A
 e)   Date of the transaction: 24 April 2025
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

N/A

e)

Date of the transaction: 24 April 2025

f)

Place of the transaction: Outside a trading venue

 

 

 

Enquiries:

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

Peter Kenyon, CEO

Martin Clyburn, CFO

 

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

Stephen Jones

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 in Middlesbrough, 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.

 

www.ramsdensplc.com
(file:///C%3A/Users/alex/Dropbox%20(Hudson%20Sandler)/Clients/Ramsdens/Releases/Drafts/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

 

 

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