ScS Group PLC Director/PDMR Shareholding (7066T)
27 March 2021 - 4:06AM
UK Regulatory
TIDMSCS
RNS Number : 7066T
ScS Group PLC
26 March 2021
For Immediate Release 26 March 2021
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 25 March 2021, Gary Kemp,
Logistics Director, exercised 19,861 share options. The exercise
price of the options is 175p. Gary Kemp then sold 19,861 ordinary
shares of GBP0.001 each in the Company ("Ordinary Shares"), at an
average price of 238p per Ordinary Share.
The options are being satisfied with shares held in the Group's
Employee Benefit Trust.
Following the sale, Gary Kemp and persons closely associated
with him are interested in 120,277 Ordinary Shares, representing
approximately 0.3 per cent. of the issued share capital of the
Company.
Enquiries:
ScS Group PLC c/o Buchanan +44 (0)20 7466
David Knight, Chief Executive Officer 5000
Chris Muir, Chief Financial Officer
Buchanan Tel: +44 (0)20 7466 5000
Richard Oldworth scs@buchanan.uk.com
Tilly Abraham
Charlotte Slater
Shore Capital Tel: +44 (0)207 408 4050
Patrick Castle
James Thomas
Sarah Mather
The notification below is provided in accordance with the
requirements of the UK Market Abuse Regulations.
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Gary Kemp
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2. Reason for the notification
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a) Position/Status: PDMR
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b) Initial notification/Amendment: Initial notification
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3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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a) Name: ScS Group plc
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b) LEI: 213800LOXNVJIB4C7B98
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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
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a) Description of the financial instrument, type of instrument:
Ordinary shares of 0.1p Identification code: GB00BRF0TJ56
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b) Nature of the transaction:
(i) Exercise of share options
(ii) Sale of shares following the exercise of share options
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c) Price(s) and volume(s): Date Price(s) Volume(s)
25 March 2021 175p 19,861
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25 March 2021 238p 19,861
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d) Aggregated information: Aggregate (volume Aggregate Volume
weighted) Price
n/a
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e) Date of the transaction: 25 March 2021
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f) Place of the transaction: London Stock Exchange
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END
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