ScS Group PLC Director/PDMR Shareholding (3762E)
18 July 2016 - 4:00PM
UK Regulatory
TIDMSCS
RNS Number : 3762E
ScS Group PLC
18 July 2016
For Immediate Release 18 July 2016
ScS Group plc
("ScS" or the "Company")
Director/PDMR Shareholding
ScS, one of the UK's largest retailers of upholstered furniture
and floorings, has been notified that on 15 July 2016, Alan Smith,
Chairman of the Company, bought 6,667 ordinary shares in the
Company at a price of GBP1.50 per share (the "Transaction").
Following the Transaction Mr. Smith is interested in 18,096
ordinary shares in the Company, representing 0.045 per cent of the
issued share capital of the Company.
Enquiries:
Buchanan Tel: +44 (0)20 7466 5000
Richard Oldworth / Jane Glover scs@buchanan.uk.com
Notes to Editors
ScS is one of the UK's largest retailers of upholstered
furniture and floorings, promoting itself as the "Sofa Carpet
Specialist" seeking to offer value and choice through a wide range
of upholstered furniture and flooring products. The Group's product
range is designed to appeal to a broad customer base with a
mid-market priced offering and currently trades from 97 stores.
In 2014 ScS began to operate the furniture and carpet concession
ranges for the House of Fraser "For Living" brand. ScS currently
operates in 29 House of Fraser stores across the UK.
The notification below is provided in accordance with the
requirements of the EU Market Abuse Regulations.
1. Details of the person discharging managerial
responsibilities/person closely associated
--- --------------------------------------------------
a) Name: Alan Smith
--- --------------------------------------------------
2. Reason for the notification
--- --------------------------------------------------
a) Position/status: Chairman of the Company
--- --------------------------------------------------
b) Initial notification/Amendment: Initial
notification
--- --------------------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- --------------------------------------------------
a) Name: ScS Group plc
--- --------------------------------------------------
b) LEI: N/A
--- --------------------------------------------------
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
0.1p
Identification code: GB00BRF0TJ56
--- --------------------------------------------------
b) Nature of the transaction: Purchase of
shares
--- --------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
---------- ----------
GBP1.50 6,667
---------- ----------
--- --------------------------------------------------
d) Aggregated information: n/a (single transaction)
--- --------------------------------------------------
e) Date of the transaction: 15 July 2016
--- --------------------------------------------------
f) Place of the transaction: London Stock
Exchange (XLON)
--- --------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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