REG - Restore PLC - Director/PDMR Shareholding
20/11/2023 16:15
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RNS Number : 0343U Restore PLC 20 November 2023
20 November 2023
Restore plc
("Restore" or the "Company")
Director/PDMR Shareholding
Grant of LTIP Share Options and Purchase of Shares
Restore plc (AIM: RST), the UK's leading provider of digital and information
management and secure lifecycle services, announces that on 17 November 2023,
Charles Skinner, Chief Executive Officer, and Dan Baker, Chief Financial
Officer, were granted (respectively) 549,132 and 258,620 nil-cost options 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").
These LTIP options will vest on 30 April 2026, subject to the achievement of
performance conditions, with the vested awards being subject to a post-vesting
holding period of six months for 50% of the vested shares and twelve months
for the remaining 50%.
In addition, on 17 November 2023 Dan Baker, CFO, purchased 25,000 Ordinary
Shares at a price of 206 pence per share.
Following the award and the purchase set out above, Charles Skinner's and Dan
Baker's beneficial interests in the Company are set out below:
PDMR Position Number of 2023 LTIPs Number of vested but unexercised share options Number of Ordinary Shares
Charles Skinner Chief Executive Officer 549,132 0 1,546,022
Dan Baker Chief Financial Officer 258,620 0 25,000
For further information please contact:
Restore plc www.restoreplc.com (http://www.restoreplc.com/)
Chris Fussell, Company Secretary +44 (0) 207 409 2420
Investec (Nominated Adviser and Joint Broker) www.investec.com
Carlton Nelson +44 (0) 207 597 5970
James Rudd
Canaccord Genuity (Joint Broker) www.canaccordgenuity.com
Max Hartley +44 (0) 207 523 8000
Alex Aylen
FTI Consulting (PR Enquiries) www.fticonsulting.com/uk (http://www.fticonsulting.com/uk)
Nick Hasell +44 (0) 203 727 1340
Alex Le May
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 Skinner
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 2023 LTIP
c) Price(s) and volume(s)
Price(s) Volume(s)
- 549,132
d) Aggregated information
- Aggregated volume As above - one transaction
- Price
- Total
e) Date of the transaction 17 November 2023
f) Place of the transaction Outside of a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Dan Baker
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 2023 LTIP
c) Price(s) and volume(s)
Price(s) Volume(s)
- 258,620
d) Aggregated information
- Aggregated volume As above - one transaction
- Price
- Total
e) Date of the transaction 17 November 2023
f) Place of the transaction Outside of a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Dan Baker
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 Purchase of ordinary shares of 5 pence each
c) Price(s) and volume(s)
Price(s) Volume(s)
206 pence 25,000
d) Aggregated information
- Aggregated volume As above - one transaction
- Price
- Total
e) Date of the transaction 17 November 2023
f) Place of the transaction AIM, London Stock Exchange
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