TIDMRST

RNS Number : 9342I

Restore PLC

26 March 2018

26 March 2018

Restore plc

("Restore" or the "Company")

Director/PDMR Shareholding

Further to the Company's announcement released today regarding a Placing to raise up to GBP51.5 million and the acquisition of TNT Business Solutions, Martin Towers, Chairman of the Company, has confirmed his agreement to participate in the Placing by subscribing for Placing Shares at the Placing Price, representing GBP51,000 in aggregate.

Accordingly, following admission of the total number of Placing Shares, the Company's issued ordinary share capital will comprise 123,081,086 ordinary shares, of which none are held in treasury. Therefore, the total number of ordinary shares with voting rights in Restore following Admission will be 123,081,086.

As a result of the above subscription, Mr Towers will hold 15,000 ordinary shares of 5 pence each in the capital of the Company, which will represent approximately 0.01% of the Company's issued ordinary share capital.

Capitalised terms used but not defined in this announcement shall have the same meaning as set out in the Company's announcement published today under RNS No. 8365I.

For further information please contact:

 
Restore plc 
Charles Skinner, Chief 
 Executive               07966 234 075 
Adam Councell, Group 
 Finance Director        07860 402 434 
 
 
Cenkos Securities        020 7397 8900 
Nick Wells 
Elizabeth Bowman 
 Harry Hargreaves 
 
FTI Consulting 
Nick Hasell              020 3727 1340 
Alex Le May 
 

Template for 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                           Martin Towers 
----  -----------------------------  --------------------------------- 
 2     Reason for the notification 
----  ---------------------------------------------------------------- 
 a)    Position/status                Chairman 
----  -----------------------------  --------------------------------- 
 b)    Initial notification           Initial notification 
        /Amendment 
----  -----------------------------  --------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ---------------------------------------------------------------- 
 a)    Name                           Restore plc 
----  -----------------------------  --------------------------------- 
 b)    LEI                            213800CE3EOGYML9AY08 
----  -----------------------------  --------------------------------- 
 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                 Ordinary shares of 5 pence 
        the financial                  each 
        instrument, type 
        of instrument 
---- 
       Identification                 GB00B5NR1S72 
        code 
----  -----------------------------  --------------------------------- 
 b)    Nature of the                  Subscription for ordinary 
        transaction                    shares of 5 pence each 
----  -----------------------------  --------------------------------- 
 c)    Price(s) and volume(s) 
----                                  ---------------  ------------- 
                                       Price(s)         Volume(s) 
----                                  ---------------  ------------- 
    510 pence                                           10,000 
   --------------------------------------------------  ------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume            10,000 
 
  - Price                        GBP51,000 
 
 e)    Date of the transaction        26 March 2018 
----  -----------------------------  --------------------------------- 
 f)    Place of the transaction       Outside trading venue 
----  -----------------------------  --------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHKMGZFGVDGRZM

(END) Dow Jones Newswires

March 26, 2018 06:55 ET (10:55 GMT)

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