REG - Topps Tiles - PDMR Transaction

Topps TilesAnnouncement

21/12/2020 14:20

RNS Number : 4111J
  
Topps Tiles PLC
  
21 December 2020
  
 

 
Topps Tiles plc
(the "Company")
PDMR Transaction
The Company has received notice that, on 16 December 2020, Robert Parker, Stephen Hopson, Richard Carter, Brian Linnington, Timothy Tatlock and Linda Sleath, each a PDMR, were awarded nil-cost share options in respect of ordinary shares of 3.33 pence each in the capital of the Company ("Ordinary Shares") as detailed below, in accordance with the rules of the Topps Tiles 2013 Long Term Incentive Plan. The Vesting of each award is subject to the satisfaction of the performance condition that EPS as stated in the Company's accounts for the 2022/23 financial period excluding exceptional items and subject to such adjustments as the Board in its discretion determines are fair and reasonable, is between 3.16  pence per share for vesting at 10% and 7.89 pence per share for vesting at 100%. 
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 


1.   Robert Parker
2.   Stephen Hopson
3.   Richard Carter
4.   Brian Linnington
5.   Timothy Tatlock
6.   Linda Sleath




2


Reason for the notification




a)


Position/status


1.   Chief Executive Officer (PDMR)
2.   Chief Financial Officer (PDMR)
3.   Retail Managing Director (PDMR)
4.   Commercial Managing Director (PDMR)
5.   Buying Director (PDMR)
6.   Director of HR (PDMR)




b)
 


Initial notification /Amendment


  Initial




3
 


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




a)


Name


  Topps Tiles PLC
 




b)


LEI


  2138009NA4KINTLN7Q97
 




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


GB00B185P5K83




b)


Nature of the transaction


Grant of nil cost options pursuant to the Topps Tiles 2013 Long Term Incentive Plan




c)


Price(s) and volume(s)
 


  




PDMR


Price


Volume




Robert Parker
 


£0.00


827,301




Stephen Hopson
 


£0.00


413,650




Richard Carter
 


£0.00


517,063




Brian Linnington 
 


£0.00


351,683




Timothy Tatlock
 


£0.00


361,944




Linda Sleath
 


£0.00


265,770




   




d)


Aggregated information
- Aggregated volume
- Price


  N/A




e)


Date of the transaction


  16 December 2020




f)


Place of the transaction


   Outside of a trading venue




 

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