20 Jul 2018 16:30
Patisserie Holdings plc
Director / PDMR Shareholding
20 July 2018
Patisserie Holdings plc, the leading UK branded café and casual dining group announces that on 18 July 2018 the Company issued 1,000,000 ordinary shares of 1 pence each ("Ordinary Shares") under its existing blocklisting following the exercise of share options under the Long Term Incentive Plan (LTIP) by Paul May, Director and PDMR of the Company, at an exercise price of 316.00 pence per share.
Mr May subsequently sold these shares at a price of 418.00 pence per share.
Following the issue of the new Ordinary Shares, the number of Ordinary Shares in issue will increase to 103,848,832. Mr May's resultant interest in the share capital of the company remains at 4,554,000 shares.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1. | Details of PDMR / person closely associated with them ("PCA") | ||||||||||
a) | Name | Paul May | |||||||||
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 participant, auction platform, auctioneer or auction monitor | ||||||||||
a) | Name | Patisserie Holdings plc | |||||||||
b) | Legal Entity Identifier | LEI: 213800MLBAMM6DALW517 | |||||||||
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 | Ordinary shares of £0.01 each
ISIN number GB00BM4NV504 | |||||||||
b) | Nature of the transaction | (i) Exercise of share option (ii) Sale of share option | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information - Aggregated volume - Aggregated price - Aggregated total |
N/A - single transaction | |||||||||
e) | Date of the transaction | (i) 18 July 2018 (ii) 18 July 2018 | |||||||||
f) | Place of the transaction | London Stock Exchange - AIM | |||||||||
Enquiries
Patisserie Holdings PLC +44 (0)121 777 7000
Luke Johnson, Executive Chairman
Paul May, Chief Executive Officer
Chris Marsh, Finance Director
Nomad and Broker
Canaccord Genuity Limited +44 (0)20 7523 8000
Chris Connors
Henry Fitzgerald O'Connor
Financial Public Relations
Maitland +44 (0) 20 7379 5151
Sam Cartwright
Jonathan Cook
Patisserie Holdings Plc (CAKE)