REG - Warpaint London PLC - PDMR Dealings

Warpaint LondonAnnouncement

06/06/2023 07:00

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RNS Number : 7125B  Warpaint London PLC  06 June 2023

6 June 2023

 

 

Warpaint London PLC

("Warpaint", the "Company" or the "Group")

 

PDMR Dealings

 

Warpaint London plc (AIM: W7L), the specialist supplier of colour cosmetics
and owner of the W7 and Technic brands, announces that  on 2 June 2023,
Matthew Goldstein, Managing Director of Retra and a PDMR, exercised 60,000
options over ordinary shares of 25p each in the capital of the Company
("Shares") at a exercise price of 49.5 pence (the "Exercise"). Mr Goldstein
then sold the resultant 60,000 Shares from the Exercise on the same day at a
price of 241.174 pence per Share.

The options were granted to Mr Goldstein on 20 May 2020 pursuant to the
Company's Share Option Plan and the resultant Shares are covered by the
Company's Blocklisting which was announced  by the Company on 2 May 2023.

The information in the below notification is disclosed in accordance with
Article 19 of the EU Market Abuse Regulation.

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Matthew Goldstein
 2    Reason for the notification
 a)   Position/status                                              Managing Director Retra, PDMR
 b)   Initial notification /Amendment                              Initial notification

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

    platform, auctioneer or auction monitor

 a)   Name                                                         Warpaint London PLC
 b)   LEI                                                          213800EBJ2CN6KIDCO78
 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 25p each

      Identification code

                                                                   GB00BYMF3676
 b)   Nature of the transaction                                    Exercise of share options and sale of shares
 c)   Price(s) and volume(s)                                         Price(s)        Volume(s)
                                                                   49.5p (exercise)  60,000
                                                                   £2.41174 (sale)   60,000

 
 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price                                                      N/A
 e)   Date of the transaction                                      2 June 2023
 f)   Place of the transaction                                     Outside a Trading venue and AIM, London Stock Exchange

 

d)

Aggregated information

- Aggregated volume

- Price

N/A

 

N/A

e)

Date of the transaction

2 June 2023

f)

Place of the transaction

Outside a Trading venue and AIM, London Stock Exchange

 

 

 

Enquiries:

 Warpaint London                                      c/o IFC

 Sam Bazini - Chief Executive Officer

 Eoin Macleod - Managing Director

 Neil Rodol - Chief Financial Officer

 Shore Capital (Nominated Adviser & Broker)           020 7408 4090

 Patrick Castle, Daniel Bush - Corporate Advisory

 Fiona Conroy - Corporate Broking

 IFC Advisory (Financial PR & IR)                     020 3934 6630

 Tim Metcalfe, Graham Herring, Florence Chandler

 

Warpaint London plc

 

Warpaint sells branded cosmetics under the lead brand names of W7 and Technic.
W7 is sold in the UK primarily to retailers and internationally to local
distributors or retail chains. The Technic brand is sold in the UK and
continental Europe with a significant focus on the gifting market, principally
for high street retailers and supermarkets.  In addition, Warpaint supplies
own brand white label cosmetics produced for several major high street
retailers.  The Group also sells cosmetics using its other brand names of
Man'stuff, Body Collection and Chit Chat.

 

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