Business
Grant of SAYE Options and PDMR Dealings
Grant of SAYE Options and PDMR Dealings.
About this update from Restore Plc
[{"type":"text","content":"\n\n14 May 2025\nRestore plc\n(\"Restore\" or the \"Group\" or \"Company\")\n \nGrant of SAYE Options and PDMR Dealings\n \n \nRestore (AIM: RST), the UK's leading provider of secure and sustainable business services for data, information, communications and assets, announces that it has launched a 2025 Save As You Earn Scheme (the \"2025 SAYE Scheme\") for all eligible employees, offering a saving plan over 3 years.\n \nEmployees were invited to subscribe for options (\"Options\") over the Company's ordinary shares of 5p each in the Company (\"Ordinary Shares\") which were granted on 13 May 2025 at an exercise price of 176 pence in accordance with the terms of the 2025 SAYE Scheme. This represents a discount of 20% to the average mid-market closing price for an Ordinary Share on the 5 business days from Monday 14 April 2025 to Tuesday 22 April 2025 prior to the invitation being made to all eligible employees on Wednesday 23 April 2025.\n \nA total of 311 employees have participated in the scheme and 869,270 Options have been granted representing 0.635% of the Company's issued share capital.\n \nThe following Persons Discharging Managerial Responsibility (\"PDMRs\") have chosen to participate in the 2025 SAYE Scheme:\n \n \n\n\n\n\nPDMR\n\n\nTitle\n\n\nNumber of Options granted\n \n\n\n\n\nCharles Skinner\n\n\nChief Executive Officer\n\n\n5,227\n \n\n\n\n\nDan Baker\n\n\nChief Financial Officer\n\n\n5,227\n \n\n\n\n\n \nIn addition, the Company has been notified that Rachel Baker and Sophie Baker, Persons Closely Associated with Dan Baker, each purchased 1,000 Ordinary Shares on 13 May 2025 at a price of 248.6p per Ordinary Share.\n \nFor further information please contact:\n \n\n\n\n\nRestore plc\n\n\nwww.restoreplc.com\n\n\n\n\nCharles Skinner, CEO\n\n\n+ 44 (0) 207 409 2420\n\n\n\n\nDan Baker, CFO\n\n\n\n\n\n\n\nChris Fussell, Company Secretary\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInvestec (Nominated Adviser and Joint Broker)\n\n\nwww.investec.com\n\n\n\n\nCarlton Nelson\n\n\n+ 44 (0) 207 597 5970\n\n\n\n\nJames Rudd\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCanaccord Genuity (Joint Broker)\n\n\nwww.canaccordgenuity.com\n\n\n\n\nMax Hartley\nAlex Aylen\n\n\n+ 44 (0) 207 523 8000\n\n\n\n\n\n\n\n\n\n\n\n\nFTI Consulting (PR Enquiries)\n\n\nwww.fticonsulting.com/uk\n\n\n\n\nNi...