REG - Topps Tiles - PDMR Transaction

Topps TilesAnnouncement

16/12/2022 13:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221216:nRSP0463Ka&default-theme=true

RNS Number : 0463K  Topps Tiles PLC  16 December 2022

 

Topps Tiles plc

(the "Company")

PDMR Transaction

The Company has received notice that, on 15 December 2022, Robert Parker,
Stephen Hopson, Richard Carter, Timothy Tatlock, Linda Sleath and Daniel
Little, 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 2024/25 financial period excluding exceptional items and
subject to such adjustments as the Board in its discretion determines are fair
and reasonable, is between 3.46 pence per share for vesting at 10% and 6.92
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.   Timothy Tatlock

                                                                   5.   Linda Sleath

                                                                   6.   Daniel Little
 2    Reason for the notification
 a)   Position/status                                              1.   Chief Executive Officer (PDMR)

                                                                   2.   Chief Financial Officer (PDMR)

                                                                   3.   Retail Managing Director (PDMR)

                                                                   4.   Buying Director (PDMR)

                                                                   5.   Director of HR (PDMR)

                                                                   6.   Commercial Managing Director (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                                                            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                                    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   988,103
                                                                   Stephen Hopson   £0.00   564,308
                                                                   Richard Carter   £0.00   617,564
                                                                   Timothy Tatlock  £0.00   432,295
                                                                   Linda Sleath     £0.00   317,428
                                                                   Daniel Little    £0.00   383,729

1.
 d)   Aggregated information                                        N/A

      - Aggregated volume

      - Price
 e)   Date of the transaction                                       Thursday, 15 December 2022
 f)   Place of the transaction                                      Outside of a trading venue

1.

d)

Aggregated information

- Aggregated volume

- Price

 N/A

e)

Date of the transaction

 Thursday, 15 December 2022

f)

Place of the transaction

 Outside of a trading venue

 

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  POSFZMMZFVLGZZM