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Director/PDMR Shareholding

24 May 2018 17:55

RNS Number : 2602P
ScS Group PLC
24 May 2018
 

For Immediate Release

24 May 2018

 

ScS Group plc

("ScS" or the "Company")

 

Director/PDMR Shareholding

ScS, one of the UK's largest retailers of upholstered furniture and floorings, has been notified that on 24 May 2018, Gary Kemp, Logistics Director, sold 70,000 ordinary shares of ÂŁ0.001 each in the Company ("Ordinary Shares") at an average price of 208.56p per Ordinary Share.

Following the sale, Gary Kemp and persons closely associated with him are interested in 166,277 Ordinary Shares, representing approximately 0.4 per cent. of the issued share capital of the Company.

Enquiries:

 

ScS Group PLC

David Knight, Chief Executive Officer

Chris Muir, Chief Financial Officer

 

c/o Buchanan +44 (0)20 7466 5000

Buchanan

Richard Oldworth

Madeleine Seacombe

 

Tel: +44 (0)20 7466 5000

scs@buchanan.uk.com

Shore Capital

Patrick Castle

Tel: +44 (0)207 408 4050

 

Dru Danford

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulations.

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name: Gary Kemp

2.

Reason for the notification

a)

Position/Status: PDMR

b)

Initial notification/Amendment: Initial notification

3.

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

a)

Name: ScS Group plc

b)

LEI: 213800LOXNVJIB4C7B98

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 0.1p Identification code: GB00BRF0TJ56

b)

Nature of the transaction: Sale of shares

c)

Price(s) and volume(s):

Date

Price(s)

Volume(s)

24 May 2018

208.56p

70,000

 

 

 

d)

Aggregated information:

Aggregate (volume weighted) Price

Aggregate Volume

N/A

N/A

e)

Date of the transaction: 24 May 2018

f)

Place of the transaction: London Stock Exchange

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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