REG - ScS Group plc - Director/PDMR Shareholding

SCSAnnouncement

24/05/2018 18:00

RNS Number : 2602P
ScS Group PLC
24 May 2018
 






For Immediate Release                               


24 May 2018




 
ScS Group plc
("ScS" or the "Company")
 
Director/PDMR Shareholding
ScS, one of the UK's largest retailers of upholstered furniture and floorings, has been notified that on 24 May 2018, Gary Kemp, Logistics Director, sold 70,000 ordinary shares of £0.001 each in the Company ("Ordinary Shares") at an average price of 208.56p per Ordinary Share.
Following the sale, Gary Kemp and persons closely associated with him are interested in 166,277 Ordinary Shares, representing approximately 0.4 per cent. of the issued share capital of the Company.
Enquiries:
 




ScS Group PLC
David Knight, Chief Executive Officer
Chris Muir, Chief Financial Officer
 


c/o Buchanan +44 (0)20 7466 5000




Buchanan
Richard Oldworth
Madeleine Seacombe
 


Tel: +44 (0)20 7466 5000
scs@buchanan.uk.com




Shore Capital
Patrick Castle


Tel: +44 (0)207 408 4050
 




Dru Danford
The notification below is provided in accordance with the requirements of the EU Market Abuse Regulations.




1.


Details of the person discharging managerial responsibilities/person closely associated




a)


Name: Gary Kemp




2.


Reason for the notification




a)


Position/Status:  PDMR




b)


Initial notification/Amendment: Initial notification




3.


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name: ScS Group plc




b)


LEI: 213800LOXNVJIB4C7B98




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 0.1p Identification code: GB00BRF0TJ56




b)


Nature of the transaction: Sale of shares




c)


Price(s) and volume(s):




Date


Price(s)


Volume(s)




24 May 2018


208.56p


70,000




 
 
 




d)


Aggregated information:




Aggregate (volume weighted) Price


Aggregate Volume




N/A


N/A









e)


Date of the transaction: 24 May 2018




f)


Place of the transaction: London Stock Exchange




 
 




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