Business
Directors Dealing
Directors Dealing.
About this update from Restore Plc
[{"type":"text","content":"\n \nRNS Number : 4957X Restore PLC 06 May 2016 \n\n6 May 2016\nRestore plc\n(\"Restore\" or the \"Company\")\nExercise of Options\nDirectors Dealing\nPursuant to Restore's Employee Share Option Scheme the Company has applied for 3,916,015 new ordinary shares of 5 pence each (\"New Ordinary Shares\") to be admitted to trading on AIM (\"Admission\"). The New Ordinary Shares are being issued in relation to the exercise today of options granted in 2010 and 2012 to certain employees and directors of the Company. It is expected that Admission will become effective and that dealings will commence in the New Ordinary Shares at 8.00 a.m. on 11 May 2016.\nIn conjunction with the option exercise and issue of New Ordinary Shares, Sir William Wells, Charles Skinner and Adam Councell, all directors of the Company, have received and simultaneously sold a number of their New Ordinary Shares as set out in the table below at a price of £3.05 per share.\n\n\n\n\nDirectors\nHoldings\n\n\nNumber of\nOrdinary Shares\nheld prior to\nexercise of\noptions\n\n\nNumber of\nNew\nOrdinary\nShares\nreceived as\na result of\nexercise of\noptions\n\n\nExercise\nprice of\noptions (£)\n\n\nNumber\nof shares\nsold\n\n\nInterest in\nOrdinary\nShares\nFollowing\nthe issue\nand sale of\nNew\nOrdinary\nShares\n\n\nPercentage of\ntotal voting\nrights\nfollowing the\nissue of New\nOrdinary\nShares\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSir William Wells\n\n\n352,553\n-\n\n\n480,315\n375,427\n\n\n0.325\n0.83\n\n\n855,742\n\n\n352,553\n\n\n0.35%\n\n\n\n\nCharles Skinner\n\n\n541,415\n-\n\n\n1,260,826\n937,794\n\n\n0.325\n0.83\n\n\n1,641,243\n\n\n1,098,792\n\n\n1.10%\n\n\n\n\nAdam Councell\n\n\n-\n \n\n\n294,148\n\n\n0.83\n\n\n148,525\n\n\n145,623\n\n\n0.15%\n\n\n\n\nFollowing admission of the New Ordinary Shares there will be 99,870,775 ordinary shares in issue and admitted to trading on AIM.\nContact:\n\n\n\n\nRestore plc\n\n\n\n\n\n\n\nCharles Skinner, Chief Executive\n\n\n07966 234 075\n\n\n\n\nAdam Councell, Group Finance Director\n\n\n07860 402 434\n\n\n\n\n\n\n\n\n\n\n\n\nCenkos Securities plc\n\n\n020 7397 8900\n\n\n\n\nNicholas Wells\n\n\n\n\n\n\n\nElizabeth Bowman\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFTI Consulting\n\n\n020 3727 1340\n\n\n\n\nNick Hasell\n\n\n\n\n\n\n\nAlex Le May\n\n\n\n\n\n\n\n \n\nThis information is provided by RNS...