TIDMW7L

RNS Number : 1619U

Warpaint London PLC

21 November 2023

21 November 2023

Warpaint London PLC

("Warpaint", the "Company" or the "Group")

PDMR Dealing

Warpaint London plc (AIM: W7L), the specialist supplier of colour cosmetics and owner of the W7 and Technic brands, announces that on 20 November 2023, Neil Rodol, Chief Financial Officer, exercised 105,262 options over ordinary shares of 25p each in the capital of the Company ("Shares") at a exercise price of 237.5 pence (the "Exercise"). Neil Rodol then sold the resultant 105,262 Shares from the Exercise on the same day at a price of 325p pence per Share.

The options were granted to Neil Rodol on 29 June 2017 pursuant to the Company's Enterprise Management Incentive Scheme and the resultant Shares are covered by the Company's Blocklisting which was announced by the Company on 3 October 2023.

The information in the below notification is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                   Neil Rodol 
     ---------------------  ---------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status        Chief Financial Officer 
     ---------------------  ---------------------------------------------- 
 b)   Initial notification   Initial notification 
       /Amendment 
     ---------------------  ---------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                   Warpaint London PLC 
     ---------------------  ---------------------------------------------- 
 b)   LEI                    213800EBJ2CN6KIDCO78 
     ---------------------  ---------------------------------------------- 
 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            Ordinary shares of 25p each 
       of the financial 
       instrument, 
       type of instrument     GB00BYMF3676 
       Identification 
       code 
     ---------------------  ---------------------------------------------- 
 b)   Nature of              Exercise of share options and sale of shares 
       the transaction 
     ---------------------  ---------------------------------------------- 
 c)   Price(s)                 Price(s)       Volume(s) 
       and volume(s)            237.5p 
                                 (exercise)    105,262 
                                325p 
                                 (sale)        105,262 
                                              ---------- 
     ---------------------  ---------------------------------------------- 
 d)   Aggregated             N /A 
       information 
       - Aggregated           N /A 
       volume 
       - Price 
     ---------------------  ---------------------------------------------- 
 e)   Date of the            20 November 2023 
       transaction 
     ---------------------  ---------------------------------------------- 
 f)   Place of               Outside a Trading venue and AIM, London Stock 
       the transaction        Exchange 
     ---------------------  ----------------------------------------------

Enquiries:

 
 Warpaint London                                      c/o IFC 
  Sam Bazini - Chief Executive Officer 
  Eoin Macleod - Managing Director 
  Neil Rodol - Chief Financial Officer 
 Shore Capital (Nominated Adviser & Broker) 
  Patrick Castle, Daniel Bush - Corporate Advisory 
  Fiona Conroy - Corporate Broking                    020 7408 4090 
 IFC Advisory (Financial PR & IR) 
  Tim Metcalfe, Graham Herring, Florence Chandler     020 3934 6630

Warpaint London plc

Warpaint sells branded cosmetics under the lead brand names of W7 and Technic. W7 is sold in the UK primarily to retailers and internationally to local distributors or retail chains. The Technic brand is sold in the UK and continental Europe with a significant focus on the gifting market, principally for high street retailers and supermarkets. In addition, Warpaint supplies own brand white label cosmetics produced for several major high street retailers. The Group also sells cosmetics using its other brand names of Man'stuff, Body Collection and Chit Chat.

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END

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(END) Dow Jones Newswires

November 21, 2023 06:23 ET (11:23 GMT)

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