31 Jul 2017 11:01
31 July 2017
Bonmarché Holdings plc
("Bonmarché" or the "Company")
Exercise of Option and Sale of Shares by Director
Bonmarché, one of the UK's largest women's value retailers announces that it was informed on 31 July 2017 that on 28 July 2017, Helen Connolly, Chief Executive Officer, exercised two share awards over Ordinary Shares of 1.0 pence each as outlined below.
Number of Options Granted (Joining Awards)
| Vesting Date |
12,466 | 15 February 2017 |
36,761 | 1 March 2017 |
On 28 July 2017, Mrs Connolly sold 23,185 shares at a price of 92.55 pence per Ordinary Share of 1.0 pence each to fund the tax liability due as a result of the exercised share awards. Following this transaction, Mrs Connolly has an interest in a total of 26,042 Ordinary Shares, representing approximately 0.05 per cent. of the Company's issued Ordinary Share Capital.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
| a) | Name | Helen Connolly | |||||||||
| 2 | Reason for notification | ||||||||||
| a) | Position / status | Chief Executive Officer | |||||||||
| b) | Initial notification /Amendment | Initial notification | |||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
| a) | Name | Bonmarché Holdings plc | |||||||||
| b) | LEI | 213380022WC23QGTTAF58 | |||||||||
| 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.
Identification code | Ordinary shares of 1 pence each
GB00BF8H6F45 | |||||||||
| b) | Nature of the transaction | Exercise of share awards and sale of shares to fund tax liability. | |||||||||
| c) | Price(s) and volumes(s) |
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| d) | Aggregated information - Aggregated volume - Price |
23,185 shares 92.55 pence per share | |||||||||
| e) | Date of the transaction | 28/07/2017 | |||||||||
| f) | Place of the transaction | LSE | |||||||||
For further information regarding Bonmarché, please call |
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Bonmarché Holdings plc Stephen Alldridge, Finance Director
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c/o FTI +44 (0)20 3727 1000 |
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FTI Consulting - Communications advisor Jonathon Brill, Georgina Goodhew
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+44 (0)20 3727 1000 |
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