Director/PDMR Dealing

RNS Number : 8018T
Lords Group Trading PLC
29 November 2021
 

 

 

29 November 2021

 

Lords Group Trading plc

("Lords", the "Company" or the "Group")

 

Deferred Bonus Plan Awards Issuance

 

Director/PDMR Dealing

 

Lords Group Trading plc, a leading distributor of building materials in the UK, announces that under the Lords Deferred Bonus Plan ("DBP") it has made conditional awards over an aggregate of up to 481,106 new ordinary shares in the capital of the Company ("Ordinary Shares") to a broad number of Group employees ("2021 DBP Shares").

 

The 2021 DBP Shares will vest on 30 January 2024 subject to awardee's continued employment with the Group and the achievement of certain performance criteria in respect of the year ended 31 December 2021.

 

Chris Day, the Company's Chief Financial Officer, has been awarded 13,158 DBP Shares, as have certain other members of Group senior management considered to be PDMRs of the Company. The notifications below, made in accordance with the UK Market Abuse Regulation, provide further details.

 

 

FOR FURTHER ENQUIRIES:

 

Lords Group Trading plc

Via Buchanan

Shanker Patel, Chief Executive Officer

Tel: +44 (0) 20 7466 5000

Chris Day, Chief Financial Officer




Cenkos Securities plc

Tel: +44 (0)20 7397 8900

Ben Jeynes / Max Gould / Dan Hodkinson (Corporate Finance)


Alex Pollen (Sales)




Buchanan Communications

Tel: +44 (0) 20 7466 5000

Henry Harrison-Topham / Stephanie Whitmore / Kim Looringh-van Beeck / Kiki Norman

 

LGT@buchanan.uk.com





The following notifications are intended to satisfy the Company's obligations under Article 19(3) of the Market Abuse Regulation.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

1.  Chris Day

2.  Michael Brockman

3.  Tim Holton

4.  Paul Markham

5.  Jamie Herd

6.  Steve Bath

 

 

2

Reason for notification


a)

Position/Status

1.  Chief Financial Officer

2.  PDMR

3.  PDMR

4.  PDMR

5.  PDMR

6.  PDMR

 

 

 

b)

Initial notification/amendment

Initial notification

 

3

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

a)

Name

Lords Group Trading plc

 

 

b)

LEI

9845009A4D87F1CE5145

 

 

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 and identification code

Ordinary shares of 0.5peach

 

ISIN: GB00BM9CLS53

 

 

b)

Nature of transaction

Conditional award of new ordinary shares pursuant to Lords Group Deferred Bonus Plan

 

 

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

1.  Nil

2.  Nil

3.  Nil

4.  Nil

5.  Nil

6.  Nil

1.  13,158

2.  42,105

3.  13,158

4.  14,474

5.  31,579

6.  20,175





d)

Aggregated information

  n/a

 

e)

Date of transaction

29 November 2021

 

 

f)

Place of transaction

Outside of a trading venue

 

 

 

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END
 
 
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