REG - Ramsdens Holdings - Director/PDMR Shareholding

Ramsdens HoldingsAnnouncement

30/04/2024 13:15

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RNS Number : 6435M  Ramsdens Holdings PLC  30 April 2024

 30 April 2024
 

Ramsdens Holdings PLC

("Ramsdens" or the "Company")

Exercise of Options, Director/PDMR Shareholding and Total Voting Rights

 

Ramsdens, the diversified financial services provider and retailer, announces
an exercise of employee options and sale of new ordinary shares in the capital
of the Company ("Ordinary Shares"), including by certain persons discharging
managerial responsibilities ("PDMRs").

The original grant of options took place on 8 February 2021 pursuant to the
Company's Long Term Incentive Plan (the "Options"), over a total of 455,000
Ordinary Shares. The LTIP Awards were subject to the achievement of
performance targets with 50% of any award based on Earnings per Share growth
and 50% of any award based on the delivery of Total Shareholder Return.

The vesting of these Options took place on 11 March 2024, however as not all
the performance targets were fully met, only 341,250 Ordinary Shares of a
maximum of 455,000 vested.

Beneficiaries have exercised their Options over a total of 180,000 Ordinary
Shares. One beneficiary has also exercised their option over 1,650 Ordinary
Shares from the Company's 2019 Long Term Incentive Plan. The total number of
options exercised is therefore 181,650.

Following the exercise of Options, three PDMRs subsequently sold a total of
78,750 new Ordinary Shares. The number of Options exercised and Ordinary
Shares subsequently sold, at an average price of £1.85 per Ordinary Share, by
the PDMRs, together with their resultant total beneficial holdings of Ordinary
Shares, is set out below.

 Director / PDMR Role                                        LTIP Options  Number of     Resultant

                                                             Exercised     shares Sold   Shareholding
 Michael Johnson, Operations Director of trading subsidiary  45,000        45,000        538,840
 Jason Carr, IT Director of trading subsidiary               15,000        15,000        126,250
 Mark Smith, Finance Director of trading subsidiary          18,750        18,750        29,623

 

Application has been made to the London Stock Exchange for the 181,650
Ordinary Shares to be admitted to trading on AIM ("Admission") and it is
expected that Admission will become effective and trading will commence at
8.00 a.m. on 7 May 2024.

In accordance with the FCA's Disclosure Guidance and Transparency Rule 5.6.1,
the Company confirms that, following Admission, its issued share capital will
consist of 31,896,632 Ordinary Shares. The Company does not currently hold any
Ordinary Shares in treasury. Therefore, the total number of voting rights in
the Company is 31,896,632.

The above figure may be used by shareholders as the denominator for the
calculation by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.

For further information please contact:

Enquiries:

Ramsdens Holdings PLC
                  Tel: +44 (0) 1642 579957

Peter Kenyon, CEO

Martin Clyburn, CFO

 

Liberum Capital Limited (Nominated
Adviser)                          Tel: +44 (0) 20
3100 2000

Richard Crawley

Richard Lindley

 

Hudson Sandler (Financial PR)
 
Tel: +44 (0) 20 7796 4133

Alex Brennan

Emily Brooker

 

DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 

 1.   Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name: Michael Johnson
 2.   Reason for the notification

 a)   Position/status: Operations Director of trading subsidiary
 b)   Initial notification/Amendment: Initial Notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer, or auction monitor

 a)   Name: Ramsdens Holdings PLC
 b)   LEI: 2138009OAUOROKMFPK95
 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 1p each.

      Identification code: GB00BDR6V192

 b)   Nature of the transaction:

      Exercise of options

 c)   Prices  Volumes
      1p      45,000
 d)   Aggregated information:

      Aggregated volume: 45,000

      Aggregated average price: 1p
 e)   Date of the transaction:  30 April 2024
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

Aggregated volume: 45,000

Aggregated average price: 1p

e)

Date of the transaction:  30 April 2024

f)

Place of the transaction: Outside a trading venue

 

 

 1.   Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name: Michael Johnson
 2.   Reason for the notification

 a)   Position/status: Operations Director of trading subsidiary
 b)   Initial notification/Amendment: Initial Notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer, or auction monitor

 a)   Name: Ramsdens Holdings PLC
 b)   LEI: 2138009OAUOROKMFPK95
 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 1p each.

      Identification code: GB00BDR6V192

 b)   Nature of the transaction:

      Sale of Ordinary Shares

 c)   Prices  Volumes
      185p    45,000
 d)   Aggregated information:

      Aggregated volume: 45,000

      Aggregated average price: 185p
 e)   Date of the transaction:  30 April 2024
 f)   Place of the transaction: London Stock Exchange

d)

Aggregated information:

Aggregated volume: 45,000

Aggregated average price: 185p

e)

Date of the transaction:  30 April 2024

f)

Place of the transaction: London Stock Exchange

 

 

 1.   Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name: Jason Carr
 2.   Reason for the notification

 a)   Position/status: IT Director of trading subsidiary
 b)   Initial notification/Amendment: Initial Notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer, or auction monitor

 a)   Name: Ramsdens Holdings PLC
 b)   LEI: 2138009OAUOROKMFPK95
 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 1p each.

      Identification code: GB00BDR6V192

 b)   Nature of the transaction:

      Exercise of options

 c)   Prices  Volumes
      1p      15,000
 d)   Aggregated information:

      Aggregated volume: 15,000

      Aggregated average price: 1p
 e)   Date of the transaction:  30 April 2024
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

Aggregated volume: 15,000

Aggregated average price: 1p

e)

Date of the transaction:  30 April 2024

f)

Place of the transaction: Outside a trading venue

 

 

 1.   Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name: Jason Carr
 2.   Reason for the notification

 a)   Position/status: IT Director of trading subsidiary
 b)   Initial notification/Amendment: Initial Notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer, or auction monitor

 a)   Name: Ramsdens Holdings PLC
 b)   LEI: 2138009OAUOROKMFPK95
 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 1p each.

      Identification code: GB00BDR6V192

 b)   Nature of the transaction:

      Sale of Ordinary Shares

 c)   Prices  Volumes
      185p    15,000
 d)   Aggregated information:

      Aggregated volume: 15,000

      Aggregated average price: 185p
 e)   Date of the transaction:  30 April 2024
 f)   Place of the transaction: London Stock Exchange

d)

Aggregated information:

Aggregated volume: 15,000

Aggregated average price: 185p

e)

Date of the transaction:  30 April 2024

f)

Place of the transaction: London Stock Exchange

 

 

 1.   Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name: Mark Smith
 2.   Reason for the notification

 a)   Position/status: Finance Director of trading subsidiary
 b)   Initial notification/Amendment: Initial Notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer, or auction monitor

 a)   Name: Ramsdens Holdings PLC
 b)   LEI: 2138009OAUOROKMFPK95
 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 1p each.

      Identification code: GB00BDR6V192

 b)   Nature of the transaction:

      Exercise of options

 c)   Prices  Volumes
      1p      18,750
 d)   Aggregated information:

      Aggregated volume: 18,750

      Aggregated average price: 1p
 e)   Date of the transaction: 30 April 2024
 f)   Place of the transaction: Outside a trading venue

d)

Aggregated information:

Aggregated volume: 18,750

Aggregated average price: 1p

e)

Date of the transaction: 30 April 2024

f)

Place of the transaction: Outside a trading venue

 

 

 1.   Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name: Mark Smith
 2.   Reason for the notification

 a)   Position/status: Finance Director of trading subsidiary
 b)   Initial notification/Amendment: Initial Notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer, or auction monitor

 a)   Name: Ramsdens Holdings PLC
 b)   LEI: 2138009OAUOROKMFPK95
 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 1p each.

      Identification code: GB00BDR6V192

 b)   Nature of the transaction:

      Sale of Ordinary Shares

 c)   Prices  Volumes
      185p    18,750
 d)   Aggregated information:

      Aggregated volume: 18,750

      Aggregated average price: 185p
 e)   Date of the transaction: 30 April 2024
 f)   Place of the transaction: London Stock Exchange

d)

Aggregated information:

Aggregated volume: 18,750

Aggregated average price: 185p

e)

Date of the transaction: 30 April 2024

f)

Place of the transaction: London Stock Exchange

 

 

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