Director/PDMR Shareholding

RNS Number : 4557Q
TheWorks.co.uk PLC
19 February 2019
 

TheWorks.co.uk plc

(the "Company")

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons

 

TheWorks.co.uk plc, the multi-channel value retailer of gifts, arts, crafts, toys, books and stationery, has been notified that Kevin Keaney, Chief Executive Officer of the Company, has transferred 547,300 ordinary shares in the Company (the "Shares"), for nil consideration, to his wife.

As a result of the transfer, Kevin Keaney's beneficial ownership in the Company remains unchanged.

The Shares transferred remain subject to the original lock-up provisions agreed in connection with the Company's IPO on 19 July 2018, details of which are summarised in the Company's prospectus dated 13 July 2018.

Enquiries:

 

TheWorks.co.uk plc

Kevin Keaney, CEO

Gavin Peck, CFO

 

 

 

via Teneo

Teneo

Ben Ullmann

Shona Buchanan

+44 20 7420 3190

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities / persons closely associated with them.

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Kevin Keaney

2.

Details of PDMR / person closely associated with them ('PCA')

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

TheWorks.co.uk plc

b)

LEI

894500W7PWBCCWBN9R03

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

Ordinary shares of £0.01 each

 

ISIN: GB00BF5HBF20

b)

Nature of the transaction

Transfer of 547,300 Ordinary Shares to spouse for nil consideration.

 

No change in beneficial ownership.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

547,300

d)

Aggregated information

 

Aggregated volume

 

Price

 

 

n/a (single transaction)

 

e)

Date of the transaction

2019-02-15

 

f)

Place of the transaction

Outside a trading venue

 

 

3.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Melanie Keaney

4.

Details of PDMR / person closely associated with them ('PCA')

a)

Position / status

PCA of Kevin Keaney (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

TheWorks.co.uk plc

b)

LEI

894500W7PWBCCWBN9R03

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

Ordinary shares of £0.01 each

 

ISIN: GB00BF5HBF20

b)

Nature of the transaction

Receipt of 547,300 Ordinary Shares from spouse, Kevin Keaney, for nil consideration.

 

No change in beneficial ownership.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

547,300

d)

Aggregated information

 

Aggregated volume

 

Price

 

 

n/a (single transaction)

 

e)

Date of the transaction

2019-02-15

 

f)

Place of the transaction

Outside a trading venue

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHLIFLDFLIALIA
UK 100

Latest directors dealings