5 Sep 2018 17:51
5 September 2018
Footasylum plc
("Footasylum" or the "Company")
Notification of PDMR dealing
The Company was notified on 5 September 2018 that Matthew Parrish (PDMR and Operations Director) had purchased 15,835 Ordinary Shares of £0.001 each in the Company ("Ordinary Shares") at a price of £0.3157 per share. The shares represent 0.01% of the Company's issued share capital. Matthew Parrish also has a share option over 121,951 Ordinary Shares.
The Company publicly discloses the following notifications by PDMR's pursuant to the EU Market Abuse Regulations:
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Matthew Parrish | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Operations Director/PDMR | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Footasylum plc | ||||
b) | LEI | 2138001JV9DY7H8RWE60
| ||||
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
GB00BYPHD607
| ||||
b)
| Nature of the transaction
| acquisition of ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 5 September 2018 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
Contacts:
Footasylum plc Nancy Kelsall (Company Secretary)
| Tel: +44 (0) 1706 746 777 |
GCA Altium Limited (Financial Adviser & Nominated Adviser) Phil Adams Sam Fuller Tim Richardson
| Tel: +44 (0) 20 7484 4040 |
Liberum Capital Limited (Broker) John Fishley Jill Li
| Tel: +44 (0) 20 3100 2222 |
Powerscourt (Financial Public Relations) Rob Greening Lisa Kavanagh Isabelle Saber
| Tel: +44 (0) 207 250 1446 |
Customer website: https://www.footasylum.com/
Investor website: http://investors.footasylum.com/
Notes to Editors:
Footasylum is a UK-based fashion retailer focusing on the branded footwear and apparel markets. The Company retails "on-trend" product ranges which are predominantly aimed at 16 to 24 year old fashion-conscious customers and are sourced from an extensive stable of third party and own brands. These include well-known sports and casual footwear and apparel brands, as well as up-and-coming brands and own label products.
Examples of third party brands include: adidas; Nike; The North Face; Gym King; Converse; New Balance; EA7; Vans; Nicce London; Siksilk; Under Armour; and Calvin Klein. Examples of Footasylum's own brands include Kings Will Dream and Alessandro Zavetti.
The Company operates a multi-channel model which combines a 66-strong store estate - in a variety of high street, mall and retail park locations in cities and towns throughout Great Britain - with a fast-growing eCommerce platform and a recently launched wholesale arm for distributing its own brand ranges via a network of partners.
Footasylum was founded in 2005 and the Company's ordinary shares were admitted to trading on AIM in November 2017.