TIDMTPT

RNS Number : 2793J

Topps Tiles PLC

03 December 2018

Topps Tiles plc

(the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

and

Total Voting Rights

PDMR Transaction

The Company has received notice that, on 30 November 2018, a PDMR, Matthew Williams, exercised nil-cost share options in respect of 1,517,613 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").

Following the Exercise, the Company received notice that Matthew Williams had sold 714,710 Ordinary Shares.

Total Voting Rights

To satisfy the Exercise, The Topps Tiles Employee Benefit Trust (the "EBT") was requested to transfer 1,517,613 Ordinary Shares. Following this transfer the EBT now holds 1,518,694 Ordinary Shares and has waived its right to exercise its voting rights and to receive dividends in respect of the 1,518,694 Ordinary Shares. Accordingly, the total number of voting rights in the Company will be 194,922,277. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

 
1   Details of the person discharging managerial responsibilities 
     / person closely associated 
a)  Name                                                    Matthew Williams 
2   Reason for the notification 
a)  Position/status             Chief Executive Officer 
b)  Initial notification        Initial 
     /Amendment 
3   Details of the issuer, emission allowance market participant, 
     auction platform, auctioneer or auction monitor 
a)  Name                        Topps Tiles PLC 
b)  LEI                         2138009NA4KINTLN7Q97 
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          Ordinary shares of 3.33 pence each 
     financial instrument, 
     type of instrument 
    Identification Code        GB00B185P5K83 
b)  Nature of the transaction   Exercise of nil cost options and sale to discharge tax and NI liability 
c)  Price(s) and volume(s)         Price                                Volume 
                               Nil            Exercise of nil cost options over 1,517,613 ordinary shares 
                               64.5500 pence  Sale of 714,710 ordinary shares 
d)  Aggregated information 
     - Aggregated volume         714,710 ordinary shares 
     - Price                     64.5500 pence 
e)  Date of the transaction     30 November 2018 
f)  Place of the transaction     London Stock Exchange

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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December 03, 2018 10:28 ET (15:28 GMT)

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