Topps Tiles PLC
16 January 2024
Topps Tiles plc
(the "Company")
PDMR Transaction
The Company has been notified that, on 15 January 2024, Richard Carter, who was the Managing Director of Retail and a PDMR, exercised nil-cost share options in respect of 139,090 ordinary shares of 3.33 pence each in the capital of the Company ("Ordinary Shares") in accordance with the rules of the Topps Tiles 2013 Long Term Incentive Plan (the "Exercise"). He has sold on the same date 58,538 Ordinary Shares at a price of £0.454000 per share in order to satisfy associated tax liabilities and dealing costs. He has retained the balance of the Ordinary Shares exercised.
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation (as it forms part of UK law pursuant to the European Union (Withdrawal) Act 2018)
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
|
| |||||||
a) | Name | Richard Carter | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Managing Director Retail (PDMR)
| ||||||
b)
| Initial notification /Amendment | Initial notification | ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Topps Tiles PLC | ||||||
b) | LEI | 2138009NA4K1NTLN7Q97
| ||||||
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 3.33 pence each | ||||||
| Identification Code | GB00B18P5K83 | ||||||
b) | Nature of the transaction | Exercise of nil cost options and sale of shares | ||||||
c) | Price(s) and volume(s)
|
| ||||||
| Aggregated information - Aggregated volume - Price | N/A
| ||||||
e) | Date of the transaction | 15 January 2024 | ||||||
f) | Place of the transaction | Outside a trading venue - nil cost options London Stock Exchange - shares sold | ||||||
For further information please contact:
Joanne Steer, Company Secretary, Topps Tiles Plc
0116 2828000
Notes to Editors:
Topps Tiles Plc is the UK's largest specialist supplier of tiles and associated products, targeting the UK domestic and commercial markets and serving homeowners, trade customers, architects, designers and contractors from 303 nationwide Topps Tiles stores, a commercial showroom in London and eight customer-facing websites:
www.toppstiles.co.uk, www.parkside.co.uk, www.protilertools.co.uk,
www.northantstools.co.uk, www.premiumtiletrim.co.uk, www.warmfloorstore.co.uk www.flooringmaterials.co.uk and www.tilewarehouse.co.uk.
Since opening its first store in 1963, Topps has maintained a simple operating philosophy ‐ inspiring customers with unrivalled product choice and providing exceptional levels of customer service. For further information on the Group, please visit www.toppsgroup.com
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
