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6 Jul 2021 16:57
6 July 2021
Card Factory plc
("Card Factory" or the "Company")
Notification of Transactions of Director and Person Discharging Managerial Responsibilities
Card Factory announces that it has been notified by Kristian Lee, Chief Financial Officer, that he has cancelled his participation in the Card Factory plc SAYE Scheme ("SAYE Scheme") in respect of awards granted in July 2019.
The SAYE Scheme is a UK tax qualified scheme whereby UK employees can choose to make monthly savings over a 3 year period, subject to a cap of £250 per month for each annual award and a cap of £500 per month over multiple annual schemes. For each award, after 3 years, savings can be used to purchase Card Factory plc shares, under an option granted prior to the relevant 3 year period, at a 20% discount to the share value immediately prior to applications for that scheme being invited.
On 6 July 2021, Kristian Lee cancelled participation in the SAYE Scheme in respect of an award made in July 2019, pursuant to which he was granted an option to acquire up to 5,844 ordinary shares in the capital of Card Factory plc on or after 1 August 2022, at a price of £1.54 per share.
The Company has invited applications for participation in the SAYE Scheme and will announce details of any option that may be granted, in respect of any Directors and Persons Discharging Managerial Responsibilities.
This notification is made in accordance with Article 19 of the Market Abuse Regulation 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
| Cancelation of options granted on 8 July 2019 under the Card Factory plc SAYE scheme | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
|
| ||||||||
e)
| Date of the transaction
| 6 July 2021 | ||||||||
f)
| Place of the transaction
| Outside a trading venue | ||||||||
Name of officer of issuer responsible for making notification: Ciaran Stone Date of notification: 6 July 2021 |
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