Last checked at 6 Jun 2023 07:00
6 June 2023
Warpaint London PLC
("Warpaint", the "Company" or the "Group")
PDMR Dealings
Warpaint London plc (AIM: W7L), the specialist supplier of colour cosmetics and owner of the W7 and Technic brands, announces that on 2 June 2023, Matthew Goldstein, Managing Director of Retra and a PDMR, exercised 60,000 options over ordinary shares of 25p each in the capital of the Company ("Shares") at a exercise price of 49.5 pence (the "Exercise"). Mr Goldstein then sold the resultant 60,000 Shares from the Exercise on the same day at a price of 241.174 pence per Share.
The options were granted to Mr Goldstein on 20 May 2020 pursuant to the Company's Share Option Plan and the resultant Shares are covered by the Company's Blocklisting which was announced by the Company on 2 May 2023.
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 | Matthew Goldstein | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Managing Director Retra, PDMR | ||||||
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 | Exercise of share options and sale of shares | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | N/A
N/A | ||||||
e) | Date of the transaction | 2 June 2023 | ||||||
f) | Place of the transaction | Outside a Trading venue and AIM, London Stock Exchange
| ||||||
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.