REG - ScS Group plc - Director/PDMR Shareholding
RNS Number : 7066TScS Group PLC26 March 2021
For Immediate Release
26 March 2021
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 25 March 2021, Gary Kemp, Logistics Director, exercised 19,861 share options. The exercise price of the options is 175p. Gary Kemp then sold 19,861 ordinary shares of £0.001 each in the Company ("Ordinary Shares"), at an average price of 238p per Ordinary Share.
The options are being satisfied with shares held in the Group's Employee Benefit Trust.
Following the sale, Gary Kemp and persons closely associated with him are interested in 120,277 Ordinary Shares, representing approximately 0.3 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
Tilly Abraham
Charlotte Slater
Tel: +44 (0)20 7466 5000
Shore Capital
Patrick Castle
James Thomas
Sarah Mather
Tel: +44 (0)207 408 4050
The notification below is provided in accordance with the requirements of the UK 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:
(i) Exercise of share options
(ii) Sale of shares following the exercise of share options
c)
Price(s) and volume(s):
Date
Price(s)
Volume(s)
25 March 2021
175p
19,861
25 March 2021
238p
19,861
d)
Aggregated information:
Aggregate (volume weighted) Price
Aggregate Volume
n/a
e)
Date of the transaction: 25 March 2021
f)
Place of the transaction: London Stock Exchange
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.ENDDSHEAXDKAELFEFA
Recent news on SCS
See all newsREG - ScS Group plc - Cancellation of admission to trading and listing
AnnouncementREG - Official List ScS Group plc - Removal - ScS Group plc
AnnouncementREG - Stock Exch Notice ScS Group plc - Cancellation - ScS Group plc
AnnouncementREG - Takeover Panel - Disclosure Table
AnnouncementREG - Barclays PLC ScS Group plc - Form 8.3 - ScS Group plc
Announcement