REG - Topps Tiles - PDMR Transaction

Topps TilesAnnouncement

15/12/2023 16:00

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RNS Number : 0390X  Topps Tiles PLC  15 December 2023

 15 December 2023

 

Topps Tiles plc

(the "Company")

PDMR Transaction

The Company has received notice that, on 13 December 2023, Robert Parker,
Stephen Hopson, and Timothy Tatlock, 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 Topps
Tiles Plc 2023 Share 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 2025/26 financial period excluding exceptional items and
subject to such adjustments as the Board in its discretion determines are fair
and reasonable, is between 4.35 pence per share for vesting at 10% and 7.65
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.   Timothy Tatlock

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

                                                                   2.   Chief Financial Officer (PDMR)

                                                                   3.   Buying 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 2023 Share Plan
 c)   Price(s) and volume(s)

PDMR             Price   Volume
                                                                   Robert Parker    £0.00   908,300
                                                                   Stephen Hopson   £0.00   518,732
                                                                   Timothy Tatlock  £0.00   397,381

 d)   Aggregated information                                        N/A

      - Aggregated volume

      - Price
 e)   Date of the transaction                                       Wednesday 13 December 2023
 f)   Place of the transaction                                      Outside of a trading venue

d)

Aggregated information

- Aggregated volume

- Price

 N/A

e)

Date of the transaction

 Wednesday 13 December 2023

f)

Place of the transaction

 Outside of a trading venue

 

PDMR Transaction

The Company has received notice that, on 13 December 2023, Robert Parker and
Stephen Hopson, 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 Topps Tiles Plc 2023 Share
Plan by way of Deferred Bonus Awards.

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

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

                                                                   2.   Chief Financial Officer (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 2023 Share Plan
 c)   Price(s) and volume(s)

PDMR            Price   Volume
                                                                   Robert Parker   £0.00   190,412
                                                                   Stephen Hopson  £0.00   108,744
 d)   Aggregated information                                        N/A

      - Aggregated volume

      - Price
 e)   Date of the transaction                                       Wednesday 13 December 2023
 f)   Place of the transaction                                      Outside of a trading venue

d)

Aggregated information

- Aggregated volume

- Price

 N/A

e)

Date of the transaction

 Wednesday 13 December 2023

f)

Place of the transaction

 Outside of a trading venue

 

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 refurbishment and commercial
markets and serving homeowners, trade customers, architects, designers and
contractors from 304 nationwide Topps Tiles stores, a commercial showroom in
London and seven 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/)  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 http://www.toppsgroup.com (http://www.toppsgroup.com)

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