Last checked at 4 Oct 2019 14:25
4 October 2019
Restore plc
Grant of LTIP Share Options
Director/PDMR Shareholding
Restore plc (AIM: RST), the UK leader in document management and business relocation services, announces that on 1 October 2019, Neil Ritchie, Chief Financial Officer, was granted 110,295 nil-cost options over ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") under the Restore plc Long Term Incentive Plan 2018 (the "2018 LTIP"). Full details of the 2018 LTIP are set out in the Company's 2018 Report and Accounts.
Following the award set out above, the executive Directors' beneficial interest in the Company is set out below:
PDMR | Position | Number of 2018 LTIPs | Number of Ordinary Shares |
Charles Bligh | Chief Executive Officer | 253,840 | 16,802 |
Neil Ritchie | Chief Financial Officer | 110,295 | 6,000 |
For further information please contact:
Restore plc | www.restoreplc.com |
Charles Bligh, Chief Executive Officer | 020 7409 2420 |
Peel Hunt LLP | www.peelhunt.com |
Mike Bell | 020 7418 8900 |
Guy Wiehahn | |
Ed Allsopp | |
FTI Consulting | www.fticonsulting.com |
Nick Hasell | 020 3727 1340 |
Alex Le May |
The information below (set out in accordance with the requirements of the EU Market Abuse Regulation) provides further detail:
1
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Neil Ritchie | |||
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 | Restore plc | |||
b) | LEI | 213800CE3EOGYML9AY08 | |||
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 5 pence each | |||
Identification code | GB00B5NR1S72 | ||||
b) | Nature of the transaction | Grant of awards pursuant to the 2018 LTIP | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
- | 110,295 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | As above - one transaction | ||||
- Price
- Total | |||||
e)
| Date of the transaction
| 1 October 2019 | |||
f)
| Place of the transaction
| Outside of a trading venue | |||