Topps Tiles plc
ADMISSION OF PLACING SHARES
Further to the announcement of a placing to raise approximately £15.4 million on 24 November 2009 (the "Placing"),
Topps Tiles plc ("Topps Tiles" or the "Company") is pleased to confirm the admission of 17,109,302 new ordinary shares (the "Placing Shares") to listing on the Official List of the UK Listing Authority and to trading on the main market of the London Stock Exchange plc earlier today.
As part of the Placing, certain Directors and persons discharging managerial responsibilities ("PDMRs") of the Company have subscribed for Placing Shares. The number of Placing Shares subscribed by each Director and PDMR and their resultant interest in the enlarged Ordinary Share capital of the Company is set out below:
Director / PDMR | Existing holding of Ordinary Shares | Number of Placing Shares subscribed for | Total number of Ordinary Shares following the Placing | % enlarged issued Ordinary Share capital |
Barry Bester | 22,076,200 | 853,754 | 22,929,954 | 12.18% |
Matt Williams | 463,9801 | 42,795 | 506,7751 | 0.27% |
Rob Parker | 30,000 | 2,500 | 32,500 | 0.02% |
Nick Ounstead | 537,750 | 40,000 | 577,750 | 0.31% |
Alan White | 15,000 | 1,499 | 16,499 | 0.01% |
Michael Jack | 40,250 | 4,000 | 44,250 | 0.02% |
Stuart Williams (PDMR) | 19,503,950 | 400,000 | 19,903,950 | 10.58% |
Jeremy Harris (PDMR) | 161,500 | 15,000 | 176,500 | 0.09% |
Note 1
Includes 24,775 shares owned by Lucia Williams
For further information, please contact:
Topps Tiles plc c/o Bell Pottinger Corporate & Financial 020 7861 3232
Matthew Williams, CEO
Rob Parker, Finance Director
Barry Bester, Chairman
KBC Peel Hunt (Bookrunner and broker) 020 7418 8900
Garry Levin
Matt Goode
Dan Webster
Bell Pottinger Corporate & Financial 020 7861 3232
Emma Kent / Duncan Mayall
This information is provided by RNS
