REG - Restore PLC - Director/PDMR Shareholding Grant of LTIP

RestoreAnnouncement

02/08/2022 07:15

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RNS Number : 5311U  Restore PLC  02 August 2022

2 August 2022

Restore plc

 

("Restore" or the "Company")

 

Director/PDMR Shareholding

Grant of LTIP Share Options

 

Restore plc (AIM: RST), the UK's leading provider of digital and information
management and secure lifecycle services, announces that on 29 July 2022,
Charles Bligh, Chief Executive Officer, and Neil Ritchie, Chief Financial
Officer, were granted 178,174 and 105,324 nil-cost options respectively over
ordinary shares of 5 pence each in the capital of the Company (the "Ordinary
Shares") under the existing Restore plc Long Term Incentive Plan (the "LTIP").
The LTIP options will vest in three years on 1 April 2025, subject to the
achievement of performance conditions.

 

Following the awards set out above, the executive Directors' beneficial
interest in the Company is set out below:

 

 PDMR           Position                 Number of 2022 LTIPs  Number of 2021 LTIPs  Number of 2020 LTIPs  Number of vested share options  Number of Ordinary Shares
 Charles Bligh  Chief Executive Officer  178,174               216,616               145,917               215,764                         34,410
 Neil Ritchie   Chief Financial Officer  105,324               128,049               80,000                93,751                          18,465

 

 

 

For further information please contact:

 

 Restore plc                                          www.restoreplc.com (http://www.restoreplc.com)
 Sarah Waudby, Company Secretary                      +44 (0) 207 409 2420

 Investec (Nominated Adviser and Joint Broker)        www.investec.com
                                                      (file:///C%3A/Users/M_Hartley/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/CPRLD4QW/www.investec.com)
 Carlton Nelson                                       +44 (0) 207 597 5970

 James Rudd

 Canaccord Genuity (Joint Broker, Corporate Advisor)  www.canaccordgenuity.com
                                                      (file:///C%3A/Users/M_Hartley/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/CPRLD4QW/www.canaccordgenuity.com)
 Max Hartley                                          +44 (0) 207 523 8000

 Chris Robinson

 Citi (Joint Broker)                                  www.citigroup.com
                                                      (file:///C%3A/Users/M_Hartley/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/CPRLD4QW/www.citigroup.com)
 Stuart Field                                         +44 (0) 207 986 4074

 Laura White

 Buchanan Communications (PR enquiries)               www.buchanan.uk.com (http://www.buchanan.uk.com)
 Charles Ryland                                       +44 (0) 207 466 5000

 Stephanie Whitmore

 

 

 

The information below (set out in accordance with the requirements of the EU
Market Abuse Regulation) provides further detail:

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Charles Bligh
 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                                                         Restore plc
 b)   LEI                                                          213800CE3EOGYML9AY08
 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 5 pence each

      Identification code                                          GB00B5NR1S72
 b)   Nature of the transaction                                    Grant of awards pursuant to the 2022 LTIP
 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     -                 178,174

 d)   Aggregated information

      - Aggregated volume                                          As above - one transaction

      - Price

      - Total

 e)   Date of the transaction                                      29 July 2022

 f)   Place of the transaction                                     Outside of a trading venue

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Neil Ritchie
 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                                                         Restore plc
 b)   LEI                                                          213800CE3EOGYML9AY08
 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 5 pence each

      Identification code                                          GB00B5NR1S72
 b)   Nature of the transaction                                    Grant of awards pursuant to the 2022 LTIP
 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     -                 105,324

 d)   Aggregated information

      - Aggregated volume                                          As above - one transaction

      - Price

      - Total

 e)   Date of the transaction                                      29 July 2022

 f)   Place of the transaction                                     Outside of a trading venue

 

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