The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSFE.L Regulatory News (SFE)

  • There is currently no data for SFE

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Exercise of Options, Director Dealing & TVR

24 Jun 2022 12:32

RNS Number : 1509Q
Safestyle UK PLC
24 June 2022
 

24 June 2022

 

 

Safestyle UK plc

("Safestyle", the "Company" or the "Group")

Exercise of Options, Director Dealing and Total Voting Rights

Safestyle UK plc, the leading UK focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market, announces that, on 24 June 2022, it allotted 252,006 new ordinary shares of 1 pence each in the Group ("Shares") following the exercise of nil-cost share options granted under the Safestyle UK plc 2017 Performance Share Plan (the "LTIP 2019 Options"). The allotment has been made to two Directors of the Company, Mike Gallacher (Chief Executive Office) and Rob Neale (Chief Financial Officer) (together the "Exercising PDMRs"), as well as other Group employees.

The Exercising PDMRs have exercised, in aggregate, LTIP 2019 Options over 91,636 Shares and have sold 17,194 Shares to cover their income tax and National Insurance liabilities arising from the exercise.

Following the dealings described above, the Exercising PDMRs' beneficial interests in the Company are set out below:

Director / PDMR

Current holding of Shares

 

Options exercised

Shares sold to cover tax liabilities

New holding of Shares

% of total voting rights in the Company

Mike Gallacher

611,740

56,000

-

667,740

0.48%

Rob Neale

564,125

35,636

17,194

582,567

0.42%

 

Total Voting Rights

Application has been made to the London Stock Exchange for the 252,006 new Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective at 8.00 a.m. on 27 June 2022.

 

Following Admission, the total number of Shares and voting rights in the Company will be 138,867,384. There are no Shares held in treasury. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

Safestyle UK plc

Mike Gallacher, Chief Executive Officer

Rob Neale, Chief Financial Officer

 

via FTI Consulting

Zeus (Nominated Adviser & Joint Broker)

Dan Bate / Daniel Harris (Investment Banking)

Dominic King (Corporate Broking)

 

Tel: 0203 829 5000

Liberum Capital Limited (Joint Broker)

Neil Patel / Jamie Richards

 

Tel: 0203 100 2100

FTI Consulting (Financial PR)

Alex Beagley / Sam Macpherson / Amy Goldup

 

Tel: 0203 727 1000

safestyle@fticonsulting.com

About Safestyle UK plc

The Group is the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market. For more information please visit www.safestyleukplc.co.uk or www.safestyle-windows.co.uk.

 

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Mike Gallacher

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 participation, auction platform, auctioneer or auction monitor

a)

Name:

Safestyle UK plc

b)

LEI:

213800N1ZQBB3E7P8W75

4.

Details of 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:

Identification code:

Ordinary shares of £0.01

ISIN JE00BGP63272

b)

Nature of the transaction:

 

Exercise of nil-cost share options

 

c)

Price(s) and volume(s):

Price(s)

Volume(s)

Nil

56,000

d)

Aggregated volume:

Price:

As above

e)

Date of the Transaction:

24 June 2022

f)

Place of the Transaction:

Off market

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Rob Neale

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 participation, auction platform, auctioneer or auction monitor

a)

Name:

Safestyle UK plc

b)

LEI:

213800N1ZQBB3E7P8W75

4.

Details of 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:

Identification code:

Ordinary shares of £0.01

ISIN JE00BGP63272

b)

Nature of the transaction:

 

i) Exercise of nil-cost share options

ii) Sale of shares to satisfy tax liabilities

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

i)

Nil

35,636

ii)

£0.419

17,194

d)

Aggregated volume:

Price:

As above

e)

Date of the Transaction:

i) 24 June 2022

ii) 24 June 2022

f)

Place of the Transaction:

i) Off market

ii) London Stock Exchange, AIM

 

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHFIMBTMTJTBMT
Date   Source Headline
25th Nov 20214:36 pmRNSPrice Monitoring Extension
22nd Nov 20213:48 pmRNSDirector/PDMR Dealing
19th Nov 202111:18 amRNSHolding(s) in company
24th Sep 202112:31 pmRNSCorrection: Interim Results 2021
23rd Sep 20217:00 amRNSInterim Results 2021
20th Aug 20214:36 pmRNSExercise of Options, Director Dealing & TVR
22nd Jul 20217:00 amRNSTrading and Operations Update & Notice of Results
18th Jun 202112:09 pmRNSExercise of Options, Director Dealing and TVR
11th Jun 20217:00 amRNSGrant of Options
19th May 202110:54 amRNSResult of AGM
19th May 20217:00 amRNSAGM Statement
17th May 20213:52 pmRNSHolding(s) in Company
10th May 202110:15 amRNSHolding(s) in Company
13th Apr 20217:00 amRNSHolding(s) in Company
12th Apr 202112:09 pmRNSHolding(s) in Company
8th Apr 20218:00 amRNSAnnual Report and Notice of Annual General Meeting
6th Apr 20217:00 amRNSHolding(s) in Company
29th Mar 20217:00 amRNSHolding(s) in Company
25th Mar 20217:00 amRNSFinal Results for Financial Year 2020
23rd Feb 20217:00 amRNSGrant of Options
12th Feb 20217:00 amRNSDirector/PDMR Dealing
11th Feb 20217:00 amRNSDirector/PDMR Shareholding
10th Feb 20217:00 amRNSTrading and Operations Update & Notice of Results
17th Dec 20207:00 amRNSTrading Update
16th Nov 202011:33 amRNSDirector/PDMR Shareholding
23rd Oct 20207:00 amRNSCommercial Agreement Update
23rd Oct 20207:00 amRNSGrant of Options
24th Sep 20204:40 pmRNSSecond Price Monitoring Extn
24th Sep 20204:35 pmRNSPrice Monitoring Extension
21st Sep 202010:46 amRNSDirector/PDMR Shareholding
17th Sep 20207:00 amRNSInterim Results 2020
11th Sep 20207:00 amRNSKey Supplier Update
24th Jul 20207:00 amRNSHalf Year Trading Update
3rd Jul 20203:57 pmRNSDirector/PDMR Dealing
1st Jul 20204:41 pmRNSSecond Price Monitoring Extn
1st Jul 20204:36 pmRNSPrice Monitoring Extension
30th Jun 20204:41 pmRNSSecond Price Monitoring Extn
30th Jun 20204:36 pmRNSPrice Monitoring Extension
14th May 202011:14 amRNSResult of AGM
14th May 20207:00 amRNSAGM Statement
11th May 20203:32 pmRNSHolding(s) in Company
11th May 20207:00 amRNSHolding(s) in Company
11th May 20207:00 amRNSHolding(s) in Company
6th May 202011:00 amRNSAGM Arrangements
30th Apr 202012:57 pmRNSTR-1: Standard form notification of major holdings
30th Apr 20209:00 amRNSTR-1: Standard form notification of major holdings
28th Apr 20208:02 amRNSDirector/PDMR Shareholding
28th Apr 20208:01 amRNSAdmission New Ordinary Shares/Total Voting Rights
27th Apr 202010:38 amRNSResults of General Meeting
17th Apr 202010:13 amRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.