REG - Topps Tiles - Director/PDMR shareholding <Origin Href="QuoteRef">TPT.L</Origin>

Topps TilesAnnouncement

28/11/2014 09:40

RNS Number : 2938Y
Topps Tiles PLC
28 November 2014
Topps Tiles Plc
(the "Company")
Deferred Bonus Long Term Incentive Plan (the "Plan") Award
The Company announces that the Board declared that the performance criteria attached to the award of matching shares made under the Plan to Executive Directors of the Company, other persons discharging managerial responsibilities ("PDMRs") and employees as part of their bonus for the year ended September 2012 have been satisfied. As a result the matching share award has vested.
Under rules of the Plan to Executive Directors of the Company, other persons discharging managerial responsibilities ("PDMRs") and employees became entitled to deal with the Deferred Award
Details of the number of shares vesting in the Executive Directors and PDMR's are set out below:-
Executive Directors
Deferred Award (2012)
Matching Share Award
Matthew Williams
55,244
112,742
Rob Parker
32,232
65,779
PDMR's
Richard Carter
27,422 
55,963
Matthew Williams will now hold 714,817 Ordinary Shares representing 0.37% of the issued share capital of the Company. As a result the combined holding of Matthew Williams and Lucia Williams, spouse of Matthew Williams and a connected person, is 747,817 Ordinary Shares representing 0.39% of the issued share capital of the Company.
Rob Parker will now hold 243,818 Ordinary Shares representing 0.13% of the issued share capital of the Company.
The above notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4.
Stuart Davey
Company Secretary
Topps Tiles plc
Tel 0116 282 8100

This information is provided by RNS
The company news service from the London Stock Exchange
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