Last checked at 2 Aug 2022 07:00
2 August 2022
Restore plc
("Restore" or the "Company")
Director/PDMR Shareholding
Grant of LTIP Share Options
Restore plc (AIM: RST), the UK's leading provider of digital and information management and secure lifecycle services, announces that on 29 July 2022, Charles Bligh, Chief Executive Officer, and Neil Ritchie, Chief Financial Officer, were granted 178,174 and 105,324 nil-cost options respectively over ordinary shares of 5 pence each in the capital of the Company (the "Ordinary Shares") under the existing Restore plc Long Term Incentive Plan (the "LTIP"). The LTIP options will vest in three years on 1 April 2025, subject to the achievement of performance conditions.
Following the awards set out above, the executive Directors' beneficial interest in the Company is set out below:
PDMR | Position | Number of 2022 LTIPs | Number of 2021 LTIPs | Number of 2020 LTIPs | Number of vested share options | Number of Ordinary Shares |
Charles Bligh | Chief Executive Officer | 178,174 | 216,616 | 145,917 | 215,764 | 34,410 |
Neil Ritchie | Chief Financial Officer | 105,324 | 128,049 | 80,000 | 93,751 | 18,465 |
For further information please contact:
Restore plc | www.restoreplc.com |
Sarah Waudby, Company Secretary | +44 (0) 207 409 2420
|
|
|
Investec (Nominated Adviser and Joint Broker) | www.investec.com |
Carlton Nelson James Rudd
| +44 (0) 207 597 5970 |
|
|
Canaccord Genuity (Joint Broker, Corporate Advisor) | www.canaccordgenuity.com |
Max Hartley Chris Robinson
| +44 (0) 207 523 8000 |
|
|
Citi (Joint Broker) | www.citigroup.com |
Stuart Field Laura White
| +44 (0) 207 986 4074 |
|
|
Buchanan Communications (PR enquiries) | www.buchanan.uk.com |
Charles Ryland Stephanie Whitmore
| +44 (0) 207 466 5000 |
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 | Charles Bligh | |||
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 | 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 2022 LTIP | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
- | 178,174 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | As above - one transaction | ||||
- Price
- Total | |||||
e)
| Date of the transaction
| 29 July 2022 | |||
f)
| Place of the transaction
| Outside of a trading venue | |||
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 2022 LTIP | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
- | 105,324 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | As above - one transaction | ||||
- Price
- Total | |||||
e)
| Date of the transaction
| 29 July 2022 | |||
f)
| Place of the transaction
| Outside of a trading venue | |||