1st Sep 2020 14:40
01 September 2020
Studio Retail Group plc (the "Group") Director/PDMR Dealings
Studio Retail Group plc, the digital value retail business, announces that awards pursuant to the Studio Retail Group plc Performance Share Plan 2016 have been made to each of Phil Maudsley (CEO), Stuart Caldwell (CFO), Paul Kendrick (MD, Studio Retail Ltd) and Mark Ashcroft (Company Secretary).
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
Enquiries
Studio Retail Group plc
Ian Burke 0161 303 3465
Tulchan Communications
Will Smith
020 7353 4200
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Philip Maudsley | |||
2 | Reason for the notification | ||||
a) | Position/status | CEO | |||
b) | Initial notification /Amendment | Initial | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Studio Retail Group plc | |||
b) | LEI | 2138006V9ZT2KO6PZY81 | |||
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
Identification code | Ordinary shares of 10 pence each
GB00B8B4R053 | |||
b) | Nature of the transaction | Issue of a nil-cost option to acquire Studio Retail Group plc ordinary shares pursuant to the Studio Retail Group plc Performance Share Plan, exercisable between the third and fifth anniversaries of the date of grant. | |||
c) | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil-cost option | 178,216 shares | ||||
d) | Aggregated information
- Aggregated volume
- Price |
N/A | |||
e) | Date of the transaction | 01 September 2020 | |||
f) | Place of the transaction | Outside a trading venue | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Stuart Caldwell | |||
2 | Reason for the notification | ||||
a) | Position/status | CFO | |||
b) | Initial notification /Amendment | Initial | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Studio Retail Group plc | |||
b) | LEI | 2138006V9ZT2KO6PZY81 | |||
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
Identification code | Ordinary shares of 10 pence each
GB00B8B4R053 | |||
b) | Nature of the transaction | Issue of a nil-cost option to acquire Studio Retail Group plc ordinary shares pursuant to the Studio Retail Group plc Performance Share Plan, exercisable between the third and fifth anniversaries of the date of grant. | |||
c) | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil-cost option | 111,773 shares | ||||
d) | Aggregated information
- Aggregated volume
- Price |
N/A | |||
e) | Date of the transaction | 01 September 2020 | |||
f) | Place of the transaction | Outside a trading venue | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Paul Kendrick | |||
2 | Reason for the notification | ||||
a) | Position/status | Managing Director, Studio Retail Ltd | |||
b) | Initial notification /Amendment | Initial | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Studio Retail Group plc | |||
b) | LEI | 2138006V9ZT2KO6PZY81 | |||
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
Identification code | Ordinary shares of 10 pence each
GB00B8B4R053 | |||
b) | Nature of the transaction | Issue of a nil-cost option to acquire Studio Retail Group plc ordinary shares pursuant to the Studio Retail Group plc Performance Share Plan, exercisable between the third and fifth anniversaries of the date of grant. | |||
c) | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil-cost option | 141,357 shares | ||||
d) | Aggregated information
- Aggregated volume
- Price |
N/A | |||
e) | Date of the transaction | 01 September 2020 | |||
f) | Place of the transaction | Outside a trading venue | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Mark Ashcroft | |||
2 | Reason for the notification | ||||
a) | Position/status | Company Secretary | |||
b) | Initial notification /Amendment | Initial | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Studio Retail Group plc | |||
b) | LEI | 2138006V9ZT2KO6PZY81 | |||
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
Identification code | Ordinary shares of 10 pence each
GB00B8B4R053 | |||
b) | Nature of the transaction | Issue of a nil-cost option to acquire Studio Retail Group plc ordinary shares pursuant to the Studio Retail Group plc Performance Share Plan, exercisable between the third and fifth anniversaries of the date of grant. | |||
c) | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil-cost option | 38,189 shares | ||||
d) | Aggregated information
- Aggregated volume
- Price |
N/A | |||
e) | Date of the transaction | 01 September 2020 | |||
f) | Place of the transaction | Outside a trading venue | |||
Related Shares:
STU.L