REG - Restore PLC - Director/PDMR Shareholding

RestoreAnnouncement

08/05/2026 07:00

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RNS Number : 5148D  Restore PLC  08 May 2026

8 May 2026

Restore plc

 ("Restore" or the "Company")

 

Director/PDMR Shareholding

Exercise of LTIP Share Options

 

Restore plc (AIM: RST), the UK's leading provider of secure and sustainable
business services for data, information, communications and assets, announces
that on 7 May 2026, Charles Skinner, Chief Executive Officer, and Dan Baker,
Chief Financial Officer, exercised nil-cost options over (respectively)
223,531 and 105,275 ordinary shares of 5 pence each in the capital of the
Company (the "Ordinary Shares"), which had vested under the performance
criteria of the Company's Long Term Incentive Plan granted on 17 November 2023
(the "Option Exercise").

 

In order to satisfy the tax liability due under the Option Exercise, the
Company has implemented a net settlement arrangement. As such, 105,060
Ordinary Shares were withheld from transfer to Charles Skinner and 49,480
Ordinary Shares were withheld from issue to Dan Baker, the value of which will
be paid by the Company to His Majesty's Revenue and Customs by the Company on
their behalf (the "Tax Liability").

 

Following the Option Exercise and net settlement of the Tax Liability, Charles
Skinner and Dan Baker will receive 118,471 and 55,795 Ordinary Shares
respectively. The Option Exercise will be satisfied by way of a transfer of
Ordinary Shares currently held by the Company's employee benefit trust.

 

Following these transactions, Charles Skinner and Dan Baker hold beneficial
interests in 1,819,932 Ordinary Shares and 182,795 Ordinary Shares
respectively.

 

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                                    Exercise of nil cost share options
 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     -                 223,531

 d)   Aggregated information

      - Aggregated volume                                          As above - one transaction

      - Price

      - Total

 e)   Date of the transaction                                      7 May 2026

 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                                    Exercise of nil cost share options
 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     -                 105,275

 d)   Aggregated information

      - Aggregated volume                                          As above - one transaction

      - Price

      - Total

 e)   Date of the transaction                                      7 May 2026

 f)   Place of the transaction                                     Outside of a trading venue

 

 

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