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24 Nov 2023 07:00
24 November 2023
Warpaint London PLC
("Warpaint", the "Company" or the "Group")
Grant of Options
Directors/PDMR Shareholding
Warpaint London plc (AIM: W7L), the specialist supplier of colour cosmetics and owner of the W7 and Technic brands, announces that, on 24 November 2023, it granted 808,500 options ("Options") over Ordinary Shares of 25p each in the Company ("Ordinary Shares") to certain Group employees under the Warpaint London PLC share option schemes. The Options have been granted pursuant to the Company's annual review of remuneration and incentivisation packages.
The Options are exercisable at a price of 325 pence per Ordinary Share, being the closing mid-price on 23 November 2023. The Options are excercisable from 24 November 2026 until 24 November 2033. The Options are not subject to the satisfaction of any performance criteria.
Included within the 808,500 Options granted, the following grants were made to PDMRs:
Position | Number of Options granted | Total number of options held post grant | Summary of options held and grant date | ||
Neil Rodol | Chief Financial Officer | 120,000 | 676,996 | 306,996 (LTIP) 24,590 (CSOP) 225,410 (non-qualifying) 9,230 CSOP 110,770 (non-qualifying) | 21 September 2018 24 May 2021 24 May 2021
24 November 2023 24 November 2023 |
Sally Craig | General Counsel & Company Secretary | 10,000 | 30,000 | 10,000 (EMI) 10,000 (CSOP) 10,000 (CSOP) | 29 June 2017 20 May 2020 24 November 2023 |
Matthew Goldstein | Managing Director Retra | 75,000 | 225,000 | 150,000 (non-qualifying) 18,461 CSOP 56,539 (non-qualifying) | 24 May 2021
24 November 2023 24 November 2023 |
Following the grant of the 808,500 Options the total number of options in issue over Ordinary Shares is 5,372,699 representing approximately 6.95% of the Company's current issued share capital.
The information in the below notification is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Neil Rodol | ||||
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 participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Warpaint London PLC | ||||
b) | LEI | 213800EBJ2CN6KIDCO78 | ||||
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 Identification code | Ordinary shares of 25p each
GB00BYMF3676 | ||||
b) | Nature of the transaction | Grant of Option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A Single Transaction | ||||
e) | Date of the transaction | 24 November 2023 | ||||
f) | Place of the transaction | Outside a Trading Venue
| ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Sally Craig | ||||
2 | Reason for the notification | |||||
a) | Position/status | General Counsel & Company Secretary | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Warpaint London PLC | ||||
b) | LEI | 213800EBJ2CN6KIDCO78 | ||||
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 Identification code | Ordinary shares of 25p each
GB00BYMF3676 | ||||
b) | Nature of the transaction | Grant of Option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A Single Transaction | ||||
e) | Date of the transaction | 24 November 2023 | ||||
f) | Place of the transaction | Outside a Trading Venue
| ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Matthew Goldstein | ||||
2 | Reason for the notification | |||||
a) | Position/status | Managing Director Retra | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Warpaint London PLC | ||||
b) | LEI | 213800EBJ2CN6KIDCO78 | ||||
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 Identification code | Ordinary shares of 25p each
GB00BYMF3676 | ||||
b) | Nature of the transaction | Grant of Option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A Single Transaction | ||||
e) | Date of the transaction | 24 November 2023 | ||||
f) | Place of the transaction | Outside a Trading Venue
| ||||
Enquiries:
Warpaint London Sam Bazini - Chief Executive Officer Eoin Macleod - Managing Director Neil Rodol - Chief Financial Officer
| c/o IFC
|
Shore Capital (Nominated Adviser & Broker) Patrick Castle, Daniel Bush - Corporate Advisory Fiona Conroy - Corporate Broking
| 020 7408 4090 |
IFC Advisory (Financial PR & IR) Tim Metcalfe, Graham Herring, Florence Chandler | 020 3934 6630
|
Warpaint London plc
Warpaint sells branded cosmetics under the lead brand names of W7 and Technic. W7 is sold in the UK primarily to retailers and internationally to local distributors or retail chains. The Technic brand is sold in the UK and continental Europe with a significant focus on the gifting market, principally for high street retailers and supermarkets. In addition, Warpaint supplies own brand white label cosmetics produced for several major high street retailers. The Group also sells cosmetics using its other brand names of Man'stuff, Body Collection and Chit Chat.
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