Last checked at 10 Feb 2022 15:13
10 February 2022
Ramsdens Holdings PLC
("Ramsdens" or the "Company")
Exercise of Options, Director/PDMR Shareholding and Total Voting Rights
Ramsdens, the diversified financial services provider and retailer, announces the exercise of options (the "Options") over 250,000 new ordinary shares in the capital of the Company ("Ordinary Shares") by Peter Kenyon, Ramsdens' Chief Executive Officer (the "Option Exercise").
The Options were originally granted in 2017 pursuant to Ramsdens' Long-Term Incentive Plan, introduced on the Company's admission to AIM, covering the performance of the Company for the three-year period to March 2020. The options became exercisable in December 2020.
Following the Option Exercise, Peter Kenyon has subsequently sold a total of 250,000 Ordinary Shares at a price of 174.08 pence (the "Share Sale"). Following the Share Sale, Peter Kenyon holds 1,152,507 Ordinary Shares in the capital of the Company, equivalent to 3.64 per cent. of the voting share capital of the Company (as enlarged).
Application has been made to the London Stock Exchange for the 250,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 17 February 2022.
Total Voting Rights
In accordance with the FCA's Disclosure Guidance and Transparency Rule 5.6.1, the Company announces that, following Admission, its issued share capital will consist of 31,643,207 Ordinary Shares.
The Company does not currently hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 31,643,207.
The above figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information please contact:
Enquiries:
Ramsdens Holdings PLC Tel: +44 (0) 1642 579957
Peter Kenyon, CEO
Martin Clyburn, CFO
Liberum Capital Limited, Nominated Adviser Tel: +44 (0) 20 3100 2000
Richard Crawley
Lauren Kettle
Hudson Sandler (Financial PR) Tel: +44 (0) 20 7796 4133
Alex Brennan
Lucy Wollam
DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. | Details of the person discharging managerial responsibilities/person closely associated | ||||
a) | Name: Peter Kenyon | ||||
2. | Reason for the notification | ||||
a) | Position/status: Chief Executive Officer | ||||
b) | Initial notification/Amendment: Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name: Ramsdens Holdings PLC | ||||
b) | LEI: 2138009OAUOROKMFPK95 | ||||
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: Ordinary shares of 1p each. Identification code: GB00BDR6V192 | ||||
b) | Nature of the transaction: Exercise of options | ||||
c)
| Price(s) and volume(s):
| ||||
d) | Aggregated information: Aggregated volume: 250,000 Aggregated average price: 1p | ||||
e) | Date of the transaction: 10 February 2022 | ||||
f) | Place of the transaction: Outside a trading venue |
1. | Details of the person discharging managerial responsibilities/person closely associated | ||||
a) | Name: Peter Kenyon | ||||
2. | Reason for the notification | ||||
a) | Position/status: Chief Executive Officer | ||||
b) | Initial notification/Amendment: Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name: Ramsdens Holdings PLC | ||||
b) | LEI: 2138009OAUOROKMFPK95 | ||||
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: Ordinary shares of 1p each. Identification code: GB00BDR6V192 | ||||
b) | Nature of the transaction: Sale of Ordinary Shares | ||||
c)
| Price(s) and volume(s):
| ||||
d) | Aggregated information: Aggregated volume: 250,000 Aggregated average price: 174.08p | ||||
e) | Date of the transaction: 10 February 2022 | ||||
f) | Place of the transaction: London Stock Exchange |