Treasury Stock/ issued share capital

27 February 2017

Headlam Group plc

Exercise of share options/ Transfer of Treasury Shares 

Headlam Group plc ('Headlam') announces that on 27 February 2017 share options granted on

8 May 2014 and 5 May 2015 under the Headlam Group 2012 Savings Related Share Option Scheme at an option price of 381.00 pence per share and 340.00 pence per share respectively were exercised early in asccordance with good leaver provisions.

A total of 3,431 ordinary shares have been transferred from treasury stock for the purposes of employee share scheme allotments.

Following the above transfer of treasury stock, Headlam held 743,032 ordinary shares as treasury shares.

The total number of ordinary shares in issue (excluding shares held as treasury shares) was 84,620,711. Therefore, the total number of voting rights in the Company is 84,620,711.

The above figure may be used by shareholders in the Company 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 share capital of the Company under the Disclosure and Transparency Rules.

End