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12 Jul 2016 13:30
For Immediate Release | 12 July 2016 |
ScS Group plc
("ScS" or the "Company")
Director/PDMR Shareholding
ScS, one of the UK's largest retailers of upholstered furniture and floorings, has today been notified that on 12 July 2016, Keith Kay, a connected party of David Knight, Chief Executive of the Company, bought 35,000 ordinary shares in the Company at a price of £1.35 per share (the "Transaction").
Following the Transaction Mr Knight is interested in 1,476,958 ordinary shares in the Company, representing 3.7 per cent of the issued share capital of the Company. This announcement is made in accordance with DTR 3.1.2 R and 3.1.4 R(1)(a).
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 / Jane Glover
| Tel: +44 (0)20 7466 5000 scs@buchanan.uk.com |
Notes to Editors
ScS is one of the UK's largest retailers of upholstered furniture and floorings, promoting itself as the "Sofa Carpet Specialist" seeking to offer value and choice through a wide range of upholstered furniture and flooring products. The Group's product range is designed to appeal to a broad customer base with a mid-market priced offering and currently trades from 97 stores.
In 2014 ScS began to operate the furniture and carpet concession ranges for the House of Fraser "For Living" brand. ScS currently operates in 29 House of Fraser stores across the UK.
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