REG - Topps Tiles - PDMR Shareholding

Topps TilesAnnouncement

16/01/2024 17:45

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RNS Number : 9039Z  Topps Tiles PLC  16 January 2024

Topps Tiles PLC

16 January 2024

 

 

Topps Tiles plc

(the "Company")

 

 

PDMR Transaction

 

The Company has been notified that, on 15 January 2024, Richard Carter, who
was the Managing Director of Retail and a PDMR, exercised nil-cost share
options in respect of 139,090 ordinary shares of 3.33 pence each in the
capital of the Company ("Ordinary Shares") in accordance with the rules of the
Topps Tiles 2013 Long Term Incentive Plan (the "Exercise"). He has sold on the
same date 58,538 Ordinary Shares at a price of £0.454000 per share in order
to satisfy associated tax liabilities and dealing costs. He has retained the
balance of the Ordinary Shares exercised.

 

The notification set out below is provided in accordance with the requirements
of the EU Market Abuse Regulation (as it forms part of UK law pursuant to the
European Union (Withdrawal) Act 2018)

 

 1     Details of the person discharging managerial responsibilities / person closely
       associated

 a)    Name                                                           Richard Carter
 2     Reason for the notification
 a)    Position/status                                                Managing Director Retail (PDMR)

 b)    Initial notification /Amendment                                Initial notification

 3     Details of the issuer, emission allowance market participant, auction

     platform, auctioneer or auction monitor

 a)    Name                                                           Topps Tiles PLC
 b)    LEI                                                            2138009NA4K1NTLN7Q97

 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 3.33 pence each

       Identification Code                                           GB00B18P5K83
 b)    Nature of the transaction                                      Exercise of nil cost options and sale of shares
 c)    Price(s) and volume(s)

Price       Volume
                                                                    £0.00       139,090

                                                                          nil cost options
                                                                    £0.454000   58,538

                                                                          Shares sold
       Aggregated information                                         N/A

       - Aggregated volume

       - Price
 e)    Date of the transaction                                        15 January 2024
 f)    Place of the transaction                                       Outside a trading venue - nil cost options

                                                                      London Stock Exchange - shares sold

 

Aggregated information

- Aggregated volume

- Price

  N/A

 

e)

Date of the transaction

  15 January 2024

f)

Place of the transaction

  Outside a trading venue - nil cost options

  London Stock Exchange - shares sold

 

For further information please contact:

 

Joanne Steer, Company Secretary, Topps Tiles Plc

0116 2828000

Joanne.steer@toppstiles.co.uk (mailto:Joanne.steer@toppstiles.co.uk)

 

Notes to Editors:

 

Topps Tiles Plc is the UK's largest specialist supplier of tiles and
associated products, targeting the UK domestic and commercial markets and
serving homeowners, trade customers, architects, designers and contractors
from 303 nationwide Topps Tiles stores, a commercial showroom in London and
eight customer-facing websites:

www.toppstiles.co.uk (http://www.toppstiles.co.uk) , www.parkside.co.uk
(http://www.parkside.co.uk) , www.protilertools.co.uk
(http://www.protilertools.co.uk) ,

www.northantstools.co.uk (http://www.northantstools.co.uk) ,
www.premiumtiletrim.co.uk (http://www.premiumtiletrim.co.uk) ,
www.warmfloorstore.co.uk (http://www.warmfloorstore.co.uk)
 www.flooringmaterials.co.uk (http://www.flooringmaterials.co.uk/) and
www.tilewarehouse.co.uk (http://www.tilewarehouse.co.uk) .

 

Since opening its first store in 1963, Topps has maintained a simple operating
philosophy ‐ inspiring customers with unrivalled product choice and
providing exceptional levels of customer service. For further information on
the Group, please visit www.toppsgroup.com (http://www.toppsgroup.com/)

 

 

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