Director/PDMR Shareholding

Restore PLC

05 April 2024

 

5 April 2024

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 5 April 2024, Charles Skinner, Chief Executive Officer, and Dan Baker, Chief Financial Officer, were granted (respectively) 385,397 and 242,693 nil-cost options 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"). These LTIP options will vest on 4 April 2027, subject to the achievement of performance conditions, with the vested awards being subject to a post-vesting holding period of six months for 50% of the vested shares and twelve months for the remaining 50%.

Following the above award, Charles Skinner's and Dan Baker's beneficial interests in the Company are set out below:

PDMR	Position	Number of LTIPs	Number of vested but unexercised share options	Number of Ordinary Shares
Charles Skinner	Chief Executive Officer	934,529	0	1,546,022
Dan Baker	Chief Financial Officer	501,313	0	50,000

For further information please contact:

Restore plc	www.restoreplc.com
Chris Fussell, Company Secretary	[phone]
Investec (Nominated Adviser and Joint Broker)	www.investec.com
Carlton Nelson James Rudd	[phone]
Canaccord Genuity (Joint Broker)	www.canaccordgenuity.com
Max Hartley Alex Aylen	[phone]
FTI Consulting (PR Enquiries) Nick Hasell Alex Le May	www.fticonsulting.com/uk [phone]

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 Skinner
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 LTIP
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			-	385,397
d)	Aggregated information
	- Aggregated volume	As above - one transaction
	- Price - Total
e)	Date of the transaction	5 April 2024
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dan Baker
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 LTIP
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			-	242,693
d)	Aggregated information
	- Aggregated volume	As above - one transaction
	- Price - Total
e)	Date of the transaction	5 April 2024
f)	Place of the transaction	Outside of a trading venue

 

END