Topps Tiles PLC
27th February 2013
Topps Tiles plc. (the "Company")
Director/PDMR Share Award
The Company announces the following dealings by PDMRs in the Company's ordinary shares totalling 2,073,475 shares
On 26th February 2013 Topps Tiles plc. granted awards in the form of nil cost options ("Awards") in connection with the Topps Tiles 2013 Long Term Incentive Plan ("LTIP") as follows:-
Director/PDMR | Number of Shares subject to Awards | Date of Award |
Matthew Williams | 805,618 | 26th February 2013 |
Rob Parker | 483,371 | 26th February 2013 |
Richard Carter | 406,760 | 26th February 2013 |
Brian Linnington | 377,725 | 26th February 2013 |
The number of shares under option was determined using a share price of 46.3 pence based on 3 days prior to year end
The Awards will vest and become exercisable from the 1st December 2015 but only to the extent that the performance conditions are met.
No consideration is payable on the grant of these Awards.
The above notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4.
Rob Parker
Company Secretary
Topps Tiles plc.
This information is provided by RNS
