Director/PDMR Shareholding Grant of LTIP

RNS Number : 5311U
Restore PLC
02 August 2022
 

2 August 2022

Restore plc

 

("Restore" or the "Company")

 

Director/PDMR Shareholding

Grant of LTIP Share Options

 

Restore plc (AIM: RST), the UK's leading provider of digital and information management and secure lifecycle services, announces that on 29 July 2022, Charles Bligh, Chief Executive Officer, and Neil Ritchie, Chief Financial Officer, were granted 178,174 and 105,324 nil-cost options respectively over ordinary shares of 5 pence each in the capital of the Company (the "Ordinary Shares") under the existing Restore plc Long Term Incentive Plan (the "LTIP"). The LTIP options will vest in three years on 1 April 2025, subject to the achievement of performance conditions.

 

Following the awards set out above, the executive Directors' beneficial interest in the Company is set out below:

 

PDMR

Position

Number of 2022 LTIPs

Number of 2021 LTIPs

Number of 2020 LTIPs

Number of vested share options

Number of Ordinary Shares

Charles Bligh

Chief Executive Officer

178,174

216,616

145,917

215,764

34,410

Neil Ritchie

Chief Financial Officer

105,324

128,049

80,000

93,751

18,465

 

 

 

For further information please contact:

 

Restore plc

www.restoreplc.com  

Sarah Waudby, Company Secretary

+44 (0) 207 409 2420

 

 

 

Investec (Nominated Adviser and Joint Broker)

www.investec.com

Carlton Nelson

James Rudd

 

+44 (0) 207 597 5970

 

 

Canaccord Genuity (Joint Broker, Corporate Advisor)

www.canaccordgenuity.com

Max Hartley

Chris Robinson

 

+44 (0) 207 523 8000

 

 

Citi (Joint Broker)

www.citigroup.com

Stuart Field

Laura White

 

+44 (0) 207 986 4074

 

 

Buchanan Communications (PR enquiries)

www.buchanan.uk.com

Charles Ryland

Stephanie Whitmore

 

+44 (0) 207 466 5000

 

 



 

The information below (set out in accordance with the requirements of the EU Market Abuse Regulation) provides further detail:

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Charles Bligh

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial notification

3

 

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

a)

Name

Restore plc

b)

LEI

213800CE3EOGYML9AY08

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 5 pence each

Identification code

GB00B5NR1S72

b)

Nature of the transaction

Grant of awards pursuant to the 2022 LTIP

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




-

178,174







d)

 

Aggregated information




- Aggregated volume

As above - one transaction



- Price

 

- Total




e)

 

Date of the transaction

 

29 July 2022

f)

 

Place of the transaction

 

Outside of a trading venue

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Neil Ritchie

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial notification

3

 

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

a)

Name

Restore plc

b)

LEI

213800CE3EOGYML9AY08

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 5 pence each

Identification code

GB00B5NR1S72

b)

Nature of the transaction

Grant of awards pursuant to the 2022 LTIP

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




-

105,324







d)

 

Aggregated information




- Aggregated volume

As above - one transaction



- Price

 

- Total




e)

 

Date of the transaction

 

29 July 2022

f)

 

Place of the transaction

 

Outside of a trading venue

 

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