REG - Topps Tiles - PDMR Transaction and Total Voting Rights

Topps TilesAnnouncement

26/05/2023 11:15

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RNS Number : 8332A  Topps Tiles PLC  26 May 2023

 

Topps Tiles plc

(the "Company")

 

PDMR Transaction and Total Voting Rights

PDMR Transaction

The Company has been notified that, on 25 May 2023, Timothy Tatlock, a PDMR,
exercised nil-cost share options in respect of 30,000 ordinary shares of 3.33
pence each in the capital of the Company ("Ordinary Shares") in accordance
with the rules of the Topps Tiles 2013 Long Term Incentive Plan (the
"Exercise"). Following the Exercise he sold on the same date 30,000 Ordinary
Shares at a price of 53 pence per share.

Total Voting Rights

The Company's total issued share capital, at the date of this announcement, is
196,681,818 Ordinary Shares with one voting right per share. The Company does
not hold any Ordinary Shares in treasury.

To satisfy the above Exercise by Timothy Tatlock, The Topps Tiles Employee
Benefit Trust (the "EBT") was requested to transfer 30,000 Ordinary Shares. As
at the date of this announcement the EBT holds 225,157 Ordinary Shares and has
waived its right to exercise its voting rights and to receive dividends in
respect of these Ordinary Shares. Accordingly, the total number of voting
rights in the Company will be 196,456,661. This figure may be used by
shareholders 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 Company under the FCA's Disclosure and Transparency
Rules.

 

The notification set out below is provided in accordance with the requirements
of the EU Market Abuse Regulation.

 

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

 a)    Name                                                           Timothy Tatlock
 2     Reason for the notification
 a)    Position/status                                                Buying Director (PDMR)

 b)    Initial notification /Amendment                                Initial notification

 3     Details of the issuer, emission allowance market participant, auction

     platform, auctioneer or auction monitor

 a)    Name                                                           Topps Tiles PLC
 b)    LEI                                                            2138009NA4K1NTLN7Q97

 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 3.33 pence each

       Identification Code                                           GB00B18P5K83
 b)    Nature of the transaction                                      Exercise of nil cost options and sale of shares
 c)    Price(s) and volume(s)

Price   Volume
                                                                    £0.00   30,000

                                                                        nil cost options
                                                                    £0.53   30,000

                                                                        Shares sold
       Aggregated information                                         N/A

       - Aggregated volume

       - Price
 e)    Date of the transaction                                        25 May 2023
 f)    Place of the transaction                                       Outside a trading venue - nil cost options

                                                                      London Stock Exchange - shares sold

 

Aggregated information

- Aggregated volume

- Price

  N/A

 

e)

Date of the transaction

  25 May 2023

f)

Place of the transaction

  Outside a trading venue - nil cost options

  London Stock Exchange - shares sold

 

Enquiries: Topps Tiles plc

Joanne Steer, Company Secretary
 
0116 282 8000

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