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Director/PDMR Transaction

9 May 2025 11:35

RNS Number : 1040I
Lords Group Trading PLC
09 May 2025
 

9 May 2025 

Lords Group Trading plc

('Lords', the 'Group' or the 'Company')

 

Director/PDMR Transaction

Lords, a leading distributor of building materials in the UK, announces that it has today been notified that on 8 May 2025, Sheena Mackay, a Non-Executive Director of the Company, purchased 64,695 ordinary shares in the Company at a price of 30.9 pence per ordinary share.

Following the transaction, Sheena Mackay is interested in 64,695 ordinary shares, representing 0.04% of the issued share capital of the Company.

The following notification is intended to satisfy the Company's obligations under Article 19(3) of the Market Abuse Regulation

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Sheena Mackay

2

Reason for notification

a)

Position/Status

Non-Executive Director

b)

Initial notification/amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Lords Group Trading plc

b)

LEI

9845009A4D87F1CE5145

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 and identification code

Ordinary shares

ISIN: GB00BM9CLS53

b)

Nature of transaction

Purchase of ordinary shares

 

 

c)

Price(s) and volume(s)

 Price

Volume

£0.309

64,695

d)

Aggregated information

 n/a

e)

Date of transaction

8 May 2025

 

f)

Place of transaction

AIMX

 

- Ends -

FOR FURTHER ENQUIRIES:

 

Lords Group Trading plc

Via Burson Buchanan

Shanker Patel, Chief Executive Officer

Tel: +44 (0) 20 7466 5000

Stuart Kilpatrick, Chief Financial Officer

Cavendish Capital Markets Limited

(Nominated Adviser and Joint Broker)

Tel: +44 (0)20 7220 0500

Ben Jeynes / Dan Hodkinson (Corporate Finance)

Julian Morse / Henry Nicol / Charlie Combe (Sales and ECM)

 

Berenberg (Joint Broker)

Matthew Armitt / Harry Nicholas / Detlir Elezi

 

Tel: +44 (0)20 3207 7800

 

Burson Buchanan

 

Tel: +44 (0) 20 7466 5000

Henry Harrison-Topham / Stephanie Whitmore / Abby Gilchrist

LGT@buchanan.uk.com

 

Notes to editors:

Lords is a specialist distributor of building, plumbing, heating and DIY goods. The Group principally sells to local tradesmen, small to medium sized plumbing and heating merchants, construction companies and retails directly to the general public.

The Group operates through the following two divisions:

 

Merchanting: supplies building materials and DIY goods through its network of merchant businesses and online platform capabilities. It operates both in the 'light side' (building materials and timber) and 'heavy side' (civils and landscaping), through 31 locations in the UK.

Plumbing and Heating: a specialist distributor in the UK of plumbing and heating products to a UK network of independent merchants, installers and the general public. The division offers its customers an attractive proposition through a multi-channel offering. The division operates over 16 locations enabling nationwide next day delivery service.

Lords was established over 40 years ago as a family business with its first retail unit in Gerrards Cross, Buckinghamshire. Since then, the Group has grown to a business operating from 47 sites.

 

 

 

 

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