REG - Topps Tiles - PDMR Transaction and Total Voting Rights

Topps TilesAnnouncement

13/12/2022 14:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221213:nRSM5780Ja&default-theme=true

RNS Number : 5780J  Topps Tiles PLC  13 December 2022

 

Topps Tiles plc

(the "Company")

 

PDMR Transaction and Total Voting Rights

PDMR Transaction

The Company has been notified that, on 12 December 2022, Robert Parker, the
Company's Chief Executive Officer and a PDMR, exercised nil-cost share options
in respect of 432,693 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
203,777 Ordinary Shares at a price of £0.472560 per share in order to satisfy
associated tax liabilities and dealing costs. He has retained the balance of
the Ordinary Shares exercised.

Total Voting Rights

The Company's total issued share capital, at the date of this announcement, is
196,681,818 Ordinary Shares with one voting right per share. The Company does
not hold any Ordinary Shares in treasury.

To satisfy the above Exercise by Robert Parker, The Topps Tiles Employee
Benefit Trust (the "EBT") was requested to transfer 432,693 Ordinary Shares.
Following this transfer the EBT holds 356,735 Ordinary Shares and has waived
its right to exercise its voting rights and to receive dividends in respect of
these Ordinary Shares. Accordingly, the total number of voting rights in the
Company will be 196,325,083. This figure may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure and Transparency Rules.

 

The notification set out below is provided in accordance with the requirements
of the EU Market Abuse Regulation.

 

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

 a)    Name                                                           Robert Parker
 2     Reason for the notification
 a)    Position/status                                                Chief Executive Officer (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       432,693

                                                                          nil cost options
                                                                    £0.472560   203,777

                                                                          Shares sold
       Aggregated information                                         N/A

       - Aggregated volume

       - Price
 e)    Date of the transaction                                        12 December 2022
 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

  12 December 2022

f)

Place of the transaction

  Outside a trading venue - nil cost options

  London Stock Exchange - shares sold

 

Enquiries: Topps Tiles plc

Helen Evans, Company Secretary
 
0116 282 8000

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TVRUOASRUKUUAAA