REG - TheWorks.co.uk PLC - Director/PDMR Shareholding

Works co ukAnnouncement

16/02/2024 07:00

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RNS Number : 3604D  TheWorks.co.uk PLC  16 February 2024

TheWorks.co.uk plc

("The Works" or the "Company")

Director / PCA Dealing

TheWorks.co.uk plc, the multi-channel value retailer of arts, crafts, toys,
books and stationery, today announces that it received notification on 14
February 2024 from Kelso Group Holdings Plc ("Kelso") that, on the same day,
it purchased 345,000 ordinary shares in The Works at an average price of
24.03p. Following the transaction Kelso has a beneficial interest in 3,745,000
ordinary shares of The Works representing 5.992% of the share capital.

John Goold and Mark Kirkland, newly appointed Non-Independent Non-Executive
Directors and PDMRs of The Works, are also directors of Kelso. As such, Kelso
is deemed to be a 'Person Closely Associated' with John Goold and Mark
Kirkland. John Goold and Mark Kirkland have no direct beneficial interest in
The Works.

 

 Enquiries:

 TheWorks.co.uk plc   via Sanctuary Counsel

 Gavin Peck, CEO

 Rosie Fordham, CFO

 Sanctuary Counsel

 Ben Ullmann          0207 340 0395

 Rachel Miller        theworks@sanctuarycounsel.com (mailto:theworks@sanctuarycounsel.com)

 Kitty Ryder

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 (a)  Name                                                         Kelso Group Holdings Plc
 2    Reason for the notification
 (a)  Position/status                                              PCA of John Goold and Mark Kirkland (PDMRs)
 (b)  Initial notification /Amendment                              Initial Notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 (a)  Name                                                         TheWorks.co.uk plc
 (b)  LEI                                                          894500W7PWBCCWBN9R03
 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 TheWorks.co.uk plc of 1p each

      Identification code

                                                                   GB00BF5HBF20
 (b)  Nature of the transaction                                    Purchase of ordinary shares.

 (c)  Price(s) and volume(s)                                       Price (pence)  Quantity
                                                                   22.7687                   25,000
                                                                   22.8350                   50,000
                                                                   23.3100                   50,000
                                                                   23.6390                   25,000
                                                                   24.0000                   50,000
                                                                   24.5000                   17,000
                                                                   24.6000                   33,000
                                                                   24.5000                   35,000
                                                                   25.5000                   10,000
                                                                   25.3000                   25,000
                                                                   26.0000                   25,000
 (d)  Aggregated Information, Aggregated volume, Prices            Aggregated volume: 345,000 ordinary shares

                                                                   Volume weighted average price: 24.03p
 (e)  Date of the transaction                                      14 February 2024
 (f)  Place of the transaction                                     London Stock Exchange

(d)

Aggregated Information, Aggregated volume, Prices

Aggregated volume: 345,000 ordinary shares

Volume weighted average price: 24.03p

(e)

Date of the transaction

14 February 2024

(f)

Place of the transaction

London Stock Exchange

 

 

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