4 Nov 2015 07:00
For Immediate Release | 04 November 2015 |
ScS Group plc
Exercise of share options & Director dealing
ScS Group plc
("ScS" or the "Company")
Director/PDMR Shareholding and Exercise of Options
ScS, one of the UK's largest retailers of upholstered furniture and floorings, has today been notified that on 3 November 2015, Ronald Turnbull, the Finance Director of the Company, exercised options over 9,109 ordinary shares in the Company under the Company's share option plan at a price of £1.75 per share (the "Transaction").
Following the Transaction Mr Turnbull is interested in 631,607 ordinary shares in the Company, representing 1.58 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 Ron Turnbull, Chief Financial Officer
| c/o Buchanan +44 (0)20 7466 5000 |
Buchanan Mark Edwards / Gabriella Clinkard / 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 30 House of Fraser stores across the UK.