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Director/PDMR Shareholding

7 Feb 2018 17:05

RNS Number : 2393E
ScS Group PLC
07 February 2018
 

For Immediate Release

7 February 2018

 

ScS Group plc

("ScS" or the "Company")

 

Director/PDMR Shareholding

ScS, one of the UK's largest retailers of upholstered furniture and floorings, has been notified that on 7 February 2018, Kevin Royal, Managing Director, exercised 7,157 share options. The exercise price of the options is 175p. Kevin Royal then sold 7,157 ordinary shares of £0.001 each in the Company ("Ordinary Shares"), at a price of 217p per Ordinary Share.

Enquiries:

 

ScS Group PLC

David Knight, Chief Executive Officer

Chris Muir, Chief Financial Officer

 

c/o Buchanan +44 (0)20 7466 5000

Buchanan

Richard Oldworth

Madeleine Seacombe

 

Tel: +44 (0)20 7466 5000

scs@buchanan.uk.com

Shore Capital

Patrick Castle

Tel: +44 (0)207 408 4050

 

Dru Danford

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulations.

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name: Kevin Royal

2.

Reason for the notification

a)

Position/Status: PDMR

b)

Initial notification/Amendment: Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name: ScS Group plc

b)

LEI:  213800LOXNVJIB4C7B98

 

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: Ordinary shares of 0.1p Identification code: GB00BRF0TJ56

b)

Nature of the transaction:

(i) Exercise of share options

(ii) Sale of shares following the exercise of share options

c)

Price(s) and volume(s):

Date

Price(s)

Volume(s)

7 February 2018

175p

7,157

7 February 2018

217p

7,157

 

 

 

d)

Aggregated information:

Aggregate (volume weighted) Price

Aggregate Volume

n/a

e)

Date of the transaction: 7 February 2018

f)

Place of the transaction: London Stock Exchange

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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