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Director/PDMR Shareholding and TVR

Director/PDMR Shareholding and TVR.

articleTopps Tiles PlcNovember 30, 20174/company/topps-tiles-plc/news/directorpdmr-shareholding-and-tvr-9
Director/PDMR Shareholding and TVR

About this update from Topps Tiles Plc

[{"type":"text","content":"\n \nRNS Number : 0023Y Topps Tiles PLC 30 November 2017  \n\nTopps Tiles Plc (the \"Company\")\nNotification of Transactions by Persons Discharging Managerial Responsibilities (\"PDMRs\")\nand\nTotal Voting Rights\nPDMR Transaction\nThe Company has received notice that, on 28 November 2017, a PDMR, Richard Carter, exercised nil-cost share options in respect of 359,719 ordinary shares of 3.33 pence each in the capital of the Company (\"Ordinary Shares\") in accordance with the rules of the under the Topps Tiles 2013 Long Term Incentive Plan (the \"Exercise\"). \nFollowing the Exercise, the Company received notice that Richard Carter had sold 169,407 Ordinary Shares.\nTotal Voting Rights\nTo satisfy the Exercise, The Topps Tiles Employee Benefit Trust (the \"EBT\") was requested to transfer 359,719 Ordinary Shares. Following this transfer the EBT now holds 3,698,776 Ordinary Shares and has waived its right to exercise its voting rights and to receive dividends in respect of the 3,678,776 Ordinary Shares. Accordingly, the total number of voting rights in the Company will be 192,788,522. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.\nDirector/ PDMR Shareholding\nThe notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.\n\n\n\n\n1\n\n\nDetails of the person discharging managerial responsibilities / person closely associated\n\n\n\n\n\n\n\n\n\n\n\n\na)\n\n\nName\n \n\n\n  Richard Carter\n\n\n\n\n2\n\n\nReason for the notification\n\n\n\n\na)\n\n\nPosition/status\n\n\n  Operations Director\n \n\n\n\n\nb)\n \n\n\nInitial notification /Amendment\n\n\n  Initial Notification \n\n\n\n\n3\n \n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n\n\n\n\na)\n\n\nName\n\n\n  Topps Tiles PLC\n \n\n\n\n\nb)\n\n\nLEI\n\n\n  2138009NA4K1NTLN7Q97\n \n\n\n\n\n4\n \n\n\nDetails 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...

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