Topps Tiles PLC PDMR Shareholding (9039Z)
17 January 2024 - 4:38AM
UK Regulatory
TIDMTPT
RNS Number : 9039Z
Topps Tiles PLC
16 January 2024
Topps Tiles PLC
16 January 2024
Topps Tiles plc
(the "Company")
PDMR Transaction
The Company has been notified that, on 15 January 2024, Richard
Carter, who was the Managing Director of Retail and a PDMR,
exercised nil-cost share options in respect of 139,090 ordinary
shares of 3.33 pence each in the capital of the Company ("Ordinary
Shares") in accordance with the rules of the Topps Tiles 2013 Long
Term Incentive Plan (the "Exercise"). He has sold on the same date
58,538 Ordinary Shares at a price of GBP0.454000 per share in order
to satisfy associated tax liabilities and dealing costs. He has
retained the balance of the Ordinary Shares exercised.
The notification set out below is provided in accordance with
the requirements of the EU Market Abuse Regulation (as it forms
part of UK law pursuant to the European Union (Withdrawal) Act
2018)
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Richard Carter
------------------------------- ------------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------
a) Position/status Managing Director Retail (PDMR)
------------------------------- ------------------------------------------------
b) Initial notification /Amendment Initial notification
------------------------------- ------------------------------------------------
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 Ordinary shares of 3.33 pence each
instrument, type of instrument
------------------------------- ------------------------------------------------
Identification Code GB00B18P5K83
------------------------------- ------------------------------------------------
b) Nature of the transaction Exercise of nil cost options and sale of shares
------------------------------- ------------------------------------------------
c) Price(s) and volume(s) Price Volume
GBP0.00 139,090
nil cost options
-----------------
GBP0.454000 58,538
Shares sold
-----------------
------------------------------- ------------------------------------------------
Aggregated information N/A
- Aggregated volume
- Price
------------------------------- ------------------------------------------------
e) Date of the transaction 15 January 2024
------------------------------- ------------------------------------------------
f) Place of the transaction Outside a trading venue - nil cost options
London Stock Exchange - shares sold
------------------------------- ------------------------------------------------
For further information please contact:
Joanne Steer, Company Secretary, Topps Tiles Plc
0116 2828000
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 and commercial
markets and serving homeowners, trade customers, architects,
designers and contractors from 303 nationwide Topps Tiles stores, a
commercial showroom in London and eight customer-facing
websites:
www.toppstiles.co.uk , www.parkside.co.uk ,
www.protilertools.co.uk ,
www.northantstools.co.uk , www.premiumtiletrim.co.uk ,
www.warmfloorstore.co.uk www.flooringmaterials.co.uk and
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
www.toppsgroup.com
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END
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