REG - Safestore Hldgs plc - Director/PDMR Shareholding

Safestore HoldingsAnnouncement

24/03/2023 17:45

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RNS Number : 2182U  Safestore Holdings plc  24 March 2023

24 March 2023

 

Safestore Holdings plc (the "Company")

 

Exercise of Awards under the Safestore 2020 Long Term Incentive Plan

 

Notification of Transactions by Persons Discharging Managerial Responsibility
("PDMRs")

 

The Company announces that on 24 March 2023 nil cost options (the "Options")
granted over in aggregate 228,014 shares, under the Safestore 2020 Long Term
Incentive Plan ("2020 LTIP"), approved by shareholders at its general meeting
held on 18 March 2020, were exercised by Frederic Vecchioli and Andy Jones
(the "PDMRs"). The Options were satisfied by the Company's employee benefit
trust using newly issued shares.

 

The Company further announces that on 24 March 2023, in aggregate 109,119
shares were sold by the PDMRs to settle their withholding tax and National
Insurance contributions liabilities and dealing costs arising in connection
with the exercise, as further detailed below.

Frederic Vecchioli has instructed that his remaining 69,468 ordinary shares be
transferred into a nominee account held jointly with his wife, a person
closely associated with him, for nil consideration.

 

Following the sale of shares, as notified below, Frederic Vecchioli (including
those held jointly with his wife) and Andy Jones retained the balance of their
shares with their aggregate holdings being 3,232,754 shares (representing
1.48% of the Company's issued share capital) and 1,301,726 (representing 0.60%
of the Company's issued share capital) respectively.

 

The relevant notifications set out below are provided in accordance with the
requirements of Article 19 of the UK version of the EU Market Abuse Regulation
which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         FREDERIC VECCHIOLI
 2   Reason for the notification
 a)  Position/status                                              PDMR, 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                                                         SAFESTORE HOLDINGS PLC
 b)  LEI                                                          213800WGA3YSJC1YOH73
 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

                                                                  GB00B1N7Z094
 b)  Nature of the transaction                                    Acquisition of ordinary shares upon the exercise of nil-cost awards granted
                                                                  under the 2020 Long Term Incentive Plan.
 c)  Price(s) and volume(s)                                       Price(s)                                Volume(s)

                                                                  £Nil                                    133,147
 d)  Aggregated information

     - Aggregated volume                                          133,147

     - Price                                                      £Nil
 e)  Date of the transaction                                      24 March 2023
 f)  Place of the transaction                                     Outside a trading venue

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         FREDERIC VECCHIOLI
 2   Reason for the notification
 a)  Position/status                                              PDMR, 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                                                         SAFESTORE HOLDINGS PLC
 b)  LEI                                                          213800WGA3YSJC1YOH73
 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

                                                                  GB00B1N7Z094
 b)  Nature of the transaction                                    Sale of ordinary shares to settle withholding tax and National Insurance
                                                                  contributions liabilities and dealing costs arising in connection with the
                                                                  exercise.
 c)  Price(s) and volume(s)                                       Price(s)                                Volume(s)

                                                                  £8.994098                               63,679
 d)  Aggregated information

     - Aggregated volume                                          63,679

     - Price                                                      £8.994098
 e)  Date of the transaction                                      24 March 2023
 f)  Place of the transaction                                     LONDON STOCK EXCHANGE (XLON)

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Laetitia VECCHIOLI
 2   Reason for the notification
 a)  Position/status                                              PCA OF 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                                                         SAFESTORE HOLDINGS PLC
 b)  LEI                                                          213800WGA3YSJC1YOH73
 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

                                                                  GB00B1N7Z094
 b)  Nature of the transaction                                    Transfer of shares from Frederic Vecchioli's sole name to an account held in
                                                                  Frederic and Laetitia Vecchioli's joint names
 c)  Price(s) and volume(s)                                       Price(s)                                 Volume(s)

                                                                  £Nil                                     69,468
 d)  Aggregated information

     - Aggregated volume                                          69,468

     - Price                                                      £Nil
 e)  Date of the transaction                                      24 March 2023
 f)  Place of the transaction                                     OUTSIDE A TRADING VENUE

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         ANDY JONES
 2   Reason for the notification
 a)  Position/status                                              PDMR, 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                                                         SAFESTORE HOLDINGS PLC
 b)  LEI                                                          213800WGA3YSJC1YOH73
 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

                                                                  GB00B1N7Z094
 b)  Nature of the transaction                                    Acquisition of ordinary shares upon the exercise of nil-cost awards granted
                                                                  under the 2020 Long Term Incentive Plan.
 c)  Price(s) and volume(s)                                       Price(s)                                Volume(s)

                                                                  £Nil                                    94,867
 d)  Aggregated information

     - Aggregated volume                                          94,867

     - Price                                                      £Nil
 e)  Date of the transaction                                      24 March 2023
 f)  Place of the transaction                                     Outside a trading venue

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         ANDY JONES
 2   Reason for the notification
 a)  Position/status                                              PDMR, 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                                                         SAFESTORE HOLDINGS PLC
 b)  LEI                                                          213800WGA3YSJC1YOH73
 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

                                                                  GB00B1N7Z094
 b)  Nature of the transaction                                    Sale of ordinary shares to settle withholding tax and National Insurance
                                                                  contributions liabilities and dealing costs arising in connection with the
                                                                  exercise.
 c)  Price(s) and volume(s)                                       Price(s)                                Volume(s)

                                                                  £8.994098                               45,440
 d)  Aggregated information

     - Aggregated volume                                          45,440

     - Price                                                      £8.994098
 e)  Date of the transaction                                      24 March 2023
 f)  Place of the transaction                                     LONDON STOCK EXCHANGE (XLON)

 

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