REG - Ramsdens Holdings - Director/PDMR Shareholding

Ramsdens HoldingsAnnouncement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250502:nRSB1375Ha&default-theme=true

RNS Number : 1375H  Ramsdens Holdings PLC  02 May 2025

2 May 2025

 

Ramsdens Holdings PLC

 

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

 

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

 

 

Ramsdens, the diversified financial services provider, announces an exercise
of employee options and sale of new ordinary shares in the capital of the
Company ("Ordinary Share(s)"), including by certain persons discharging
managerial responsibilities ("PDMRs").

 

The original grant of options took place on 17 March 2022 pursuant to the
Company's Long Term Incentive Plan (the "Options"), over a total of 338,000
Ordinary Shares. The LTIP Awards were subject to the achievement of
performance targets with 50% of any reward 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 3 March 2025; however, as not all
the performance targets were fully met, only 297,900 Ordinary Shares of a
maximum of 338,000 vested.

 

Beneficiaries have exercised their Options over a total of 234,900 Ordinary
Shares. Two beneficiaries have also exercised their options over a total of
11,250 Ordinary Shares from the Company's 2021 Long Term Incentive Plan. The
total number of options exercised is therefore 246,150.

 

Following the exercise of Options, four PDMRs subsequently sold a total of
171,000 new Ordinary Shares. The number of Options exercised and Ordinary
Shares subsequently sold, at an average price of £2.52 per Ordinary Share, by
PDMRs, together with their resultant total beneficial holdings of Ordinary
Shares, is set out below:

 

 Director/PDMR Role                                          LTIP Options Exercised  Number of shares Sold  Resultant Shareholding
 Peter Kenyon, Chief Executive Officer                       90,000                  90,000                 1,152,507
 Michael Johnson, Operations Director of trading subsidiary  45,000                  45,000                 538,840
 Jason Carr, IT Director of trading subsidiary               18,000                  18,000                 126,250
 Mark Smith, Finance Director of trading subsidiary          18,000                  18,000                 36,324

 

Application has been made to the London Stock Exchange for the 246,150
Ordinary Shares to be admitted to trading on AIM ("Admission") and it is
expected that Admission will become effective and trading will commence at
8.00am on 9 May 2025.

 

In accordance with the FCA's Disclosure Guidance and Transparency Rules 5.6.1,
the Company confirms that, following Admission, its issued share capital will
consist of 32,292,782 Ordinary Shares. The Company does not currently hold any
Ordinary Shares in treasury. Therefore, the total number of voting rights in
the Company is 32,292,782.

 

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.

 

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: 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: Ordinary shares
      of 1p each.

      Identification code: GB00BDR6V192

 b)   Nature of the transaction:

      Exercise of Options

 c)   Prices  Volumes
      1p      90,000
 d)   Aggregated information:

      Aggregated volume:  90,000

      Aggregated average price: 1p
 e)   Date of the transaction: 1 May 2025
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

Aggregated volume:  90,000

Aggregated average price: 1p

e)

Date of the transaction: 1 May 2025

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: 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: Ordinary shares
      of 1p each.

      Identification code: GB00BDR6V192

 b)   Nature of the transaction:

      Sale of Ordinary Shares

 c)   Prices  Volumes
      252p    90,000
 d)   Aggregated information:

      Aggregated volume:  90,000

      Aggregated average price: 252p
 e)   Date of the transaction: 1 May 2025
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

Aggregated volume:  90,000

Aggregated average price: 252p

e)

Date of the transaction: 1 May 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
 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      45,000
 d)   Aggregated information:

      Aggregated volume:  45,000

      Aggregated average price: 1p
 e)   Date of the transaction: 1 May 2025
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

Aggregated volume:  45,000

Aggregated average price: 1p

e)

Date of the transaction: 1 May 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
 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
      252p    45,000
 d)   Aggregated information:

      Aggregated volume:  45,000

      Aggregated average price: 252p
 e)   Date of the transaction: 1 May 2025
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

Aggregated volume:  45,000

Aggregated average price: 252p

e)

Date of the transaction: 1 May 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:

      Exercise of Options

 c)   Prices  Volumes
      1p      18,000
 d)   Aggregated information:

      Aggregated volume:  18,000

      Aggregated average price: 1p
 e)   Date of the transaction: 1 May 2025
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

Aggregated volume:  18,000

Aggregated average price: 1p

e)

Date of the transaction: 1 May 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:

      Sale of Ordinary Shares

 c)   Prices  Volumes
      252p    18,000
 d)   Aggregated information:

      Aggregated volume:  18,000

      Aggregated average price: 252p
 e)   Date of the transaction: 1 May 2025
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

Aggregated volume:  18,000

Aggregated average price: 252p

e)

Date of the transaction: 1 May 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:

      Exercise of Options

 c)   Prices  Volumes
      1p      18,000
 d)   Aggregated information:

      Aggregated volume:  18,000

      Aggregated average price: 1p
 e)   Date of the transaction: 1 May 2025
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

Aggregated volume:  18,000

Aggregated average price: 1p

e)

Date of the transaction: 1 May 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:

      Sale of Ordinary Shares

 c)   Prices  Volumes
      252p    18,000
 d)   Aggregated information:

      Aggregated volume:  18,000

      Aggregated average price: 252p
 e)   Date of the transaction: 1 May 2025
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

Aggregated volume:  18,000

Aggregated average price: 252p

e)

Date of the transaction: 1 May 2025

f)

Place of the transaction: Outside a trading venue

 

 

 

For further information please contact:

 

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

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:/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

 

 

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  DSHSSSFMFEISEFI