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

Works co ukAnnouncement

02/07/2024 07:15

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RNS Number : 6938U  TheWorks.co.uk PLC  02 July 2024

2 July 2024

TheWorks.co.uk plc

("The Works" or  the "Company")

 

Director / PCA Dealing

 

The Works, the family-friendly value retailer of, arts, crafts, toys, books
and stationery, today announces that it received notification on 1 July 2024
from Kelso Group Holdings Plc ("Kelso") that, on 27 and 28 June 2024, it
purchased an aggregate of 100,000 ordinary shares in The Works at a volume
weighted average price of 24.33p. Following the transaction Kelso has a
beneficial interest in 3,845,000 ordinary shares of The Works representing
6.15% of the share capital.

John Goold and Mark Kirkland, 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

 Singer Capital Markets (Nomad and Broker)

 Peter Steel                                020 7496 3000

 Alaina Wong

 Jalini Kalaravy

 Sanctuary Counsel

 Ben Ullmann                                0207 340 0395

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

 Kitty Rider

 

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

                                                            24.50          7,500
                                                                   24.00          10,000

                                                            24.50          7,500
                                                                   24.00                     25,000

                                                            24.50          50,000

 (d)  Aggregated Information, Aggregated volume, Prices            Aggregated volume: 100,000 ordinary shares

                                                                   Volume weighted average price: 24.33 pence
 (e)  Date of the transaction                                      27 June 2024
 (f)  Place of the transaction                                     London Stock Exchange

(d)

Aggregated Information, Aggregated volume, Prices

Aggregated volume: 100,000 ordinary shares

Volume weighted average price: 24.33 pence

(e)

Date of the transaction

27 June 2024

(f)

Place of the transaction

London Stock Exchange

 

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