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Director/PDMR Shareholding

13 May 2016 12:44

RNS Number : 2335Y
Moss Bros Group PLC
13 May 2016
 

Moss Bros Group plc (the "Company")

Director/PDMR Shareholding

13 May 2016

 

The Company was notified yesterday that Brian Brick, CEO of the Company, and Sara Gomez, a PDMR of the Company, are intending to participate in an award under the Moss Bros Sharesave Plan 2012 (the "Plan"). This is in addition to the awards made on 8 May 2013 and 1 May 2014.

 

Under the terms of the Plan, Brian Brick and Sara Gomez will be committed to contributing GBP250 and GBP200 per month respectively, over a three year period. As at 1st June 2019 the accumulated funds can then be withdrawn from the Plan as cash or used to exercise options over the Company's shares of 5 pence each ("Ordinary Shares") which have been granted at 82.7 pence per share. Assuming full participation in the Plan, Brian Brick and Sara Gomez will have 10,882 and 8,706 options respectively over the Company's Ordinary Shares.

 

As at today's date the total beneficial holding of Brian Brick and his connected persons is 1,781,453 Ordinary Shares which represents 1.8% of the Company's issued ordinary share capital. Sara Gomez does not hold any Ordinary Shares.

 

For further information please contact:

Moss Bros Group Plc 

Robin Piggott, Finance Director and Company Secretary 0207 447 7200

Buchanan

Charles Ryland 0207 466 5000

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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