Last checked at 12 Jul 2021 14:48
12 July 2021
Card Factory plc
("Card Factory" or the "Company")
Notification of Transactions of Directors and Total Voting Rights
Card Factory, the UK's leading specialist retailer of greeting cards, dressings and gifts, today announces that, on 11 July 2021, it allotted 186,961 new ordinary shares of 1 pence each in the capital of the Company ("Shares") following the exercise of nil-cost Restricted Share options granted under the Card Factory plc Long Term Incentive Plan. The allotment includes the issue of shares in respect of the scaled back vesting to Kris Lee (Chief Financial Officer), as well as issue of Shares to other Group employees.
Kris Lee has exercised his right to acquire, in aggregate, 27,586 Shares and, on 12 July 2021, sold 13,011 Shares to meet income tax and National Insurance liabilities arising from the vesting. Under the terms of the Restricted Share award, the balance of the vesting shares are subject to a holding period which prohibits sale of such shares before 11 July 2023.
Following the dealings described above, Kris Lee's interests in the Company are set out below:
Director/PDMR | Current holding of Shares | Restricted Shares vesting | No. of shares sold to cover tax liabilities | No. shares held following Restricted Share vesting and sale | % of total voting rights |
Kris Lee | 20,471 | 27,586 | 13,011 | 35,046 | 0.01% |
Total Voting Rights
In accordance with Disclosure and Transparency Rules 5.6.1R, the Company notifies the market that at the date of this announcement the Company's issued ordinary share capital comprises 341,866,891 ordinary shares with a nominal value of 1p each ("Ordinary Shares") with each share carrying one vote. No shares are held in treasury.
The number of 341,866,891 ordinary shares above may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the ordinary share capital of the Company under the FCA's Disclosure and Transparency Rules.
This notification is made in accordance with Article 19 of the Market Abuse Regulation (as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018) and the Disclosure and Transparency Rules.
Enquiries:
Ciaran StoneGeneral Counsel and Company SecretaryCard Factory plc | Tel: 01924 839150 |
CARD FACTORY PLC
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||||||||
a)
| Name
| Kristian Lee | |||||||||
2
| Reason for the notification
| ||||||||||
a)
| Position/status
| Chief Financial Officer | |||||||||
b)
| Initial notification /Amendment
| Initial notification | |||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||||||||
a)
| Name
| Card Factory plc | |||||||||
b)
| LEI
| 213800TTSOPFVCKPFQ11 | |||||||||
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 one pence each GB00BLY2F708
| |||||||||
b)
| Nature of the transaction
| (a) Exercise of right to nil cost Restricted Shares and (b) sale of shares to satisfy tax liabilities | |||||||||
c)
| Price(s) and volume(s)
|
| |||||||||
d)
| Aggregated information
|
| |||||||||
e)
| Date of the transaction
| (a) 11 July 2021 (b) 12 July 2021 | |||||||||
f)
| Place of the transaction
| (a) Outside a trading venue (b) London Stock Exchange | |||||||||
Name of officer of issuer responsible for making notification: Ciaran Stone Date of notification: 12 July 2021 |