Last checked at 1 Feb 2019 17:40
Replacement: This announcement replaces RNS number 8951O. The changes are:
· the total interest in the Company of Jonathan Fearn and his Closely Associated Persons has increased to 5,558 Ordinary Shares, representing 0.01 per cent. of the issued share capital of the Company (rather than 0.1 per cent. as previously stated);
· Both Jonathan Fearn and Nick Davis' transactions took place on 1 February 2019 (not 29 January 2019 as previously stated).
1 February 2019
Shoe Zone plc
Transactions by Persons Discharging Managerial Responsibilities
Shoe Zone plc, the UK's largest value footwear retailer, announces that Nick Davis, CEO and Jonathan Fearn, CFO of Shoe Zone have exercised awards under the Company's Long Term Incentive Plan ("LTIP") and have been issued with 21,499 and 5,208 Ordinary Shares respectively (together the "Transactions"), these shares will be issued out of Treasury.
Neither Director has sold any of the shares received pursuant to the exercise, but Nick Davis has transferred 21,499 Ordinary Shares to his wife for nil monetary consideration. Following the Transactions, the total interest in the Company of both directors and their persons closely associated have increased as follows:
· Nick Davis and his Closely Associated Persons have increased to 55,199 Ordinary Shares, representing 0.11 per cent. of the issued share capital of the Company.
· Jonathan Fearn and his Closely Associated Persons have increased to 5,558 Ordinary Shares, representing 0.01 per cent. of the issued share capital of the Company.
Further details regarding the LTIP are set out in the Company's annual report, available on the Company website.
Total Voting Rights
Following the Transactions, the issued share capital of the Company will be 50,000,000 ordinary shares of 0.01p each carrying one vote each. With 48,293 shares held in Treasury, the figure of 49,951,707 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 Company.
For further information, please call:
Shoe Zone plc Nick Davis (CEO) Jonathan Fearn (CFO)
| Tel: via FTI Consulting |
Finncap (Nominated Adviser) Matt Goode Carl Homes Alice Lane Hannah Boros
| Tel: +44 (0)20 7220 0500 |
FTI Consulting (Financial PR) Jonathon Brill Alex Beagley Eleanor Purdon | Tel: +44 (0)20 3727 1000 |
The below notification is made in accordance with the requirements of the EU Market Abuse Regulation.
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Nick Davis | ||||
| Reason for the notification | |||||
a) | Position/status: | CEO | ||||
b) | Initial notification/Amendment: | Initial Notification | ||||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | Shoe Zone plc | ||||
b) | LEI: | 21380016X1OWIRVRSI65 | ||||
| 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: Identification code: | Ordinary Shares of 1p nominal value GB00BLTVCF91 | ||||
b) | Nature of the transaction: | Exercise of Options | ||||
c) | Price(s) and volume(s): |
| ||||
d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above
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e) | Date of the transaction: | 01/02/ 2019 | ||||
f) | Place of the transaction: | London Stock Exchange, AIM (XLON) | ||||
2. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Jonathan Fearn | ||||
| Reason for the notification | |||||
a) | Position/status: | CFO | ||||
b) | Initial notification/Amendment: | Initial Notification | ||||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | Shoe Zone plc | ||||
b) | LEI: | 21380016X1OWIRVRSI65 | ||||
| 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: Identification code: | Ordinary Shares of 1p nominal value GB00BLTVCF91 | ||||
b) | Nature of the transaction: | Exercise of Options | ||||
c) | Price(s) and volume(s): |
| ||||
d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above
| ||||
e) | Date of the transaction: | 01/02/ 2019 | ||||
f) | Place of the transaction: | London Stock Exchange, AIM (XLON) | ||||