3rd Jul 2013 16:19
3 July 2013
Ted Baker PLC ("the Company")
Notification of transactions of Directors/Persons discharging managerial responsibility and connected persons
The Company announced on 26 June 2013 that Ray Kelvin, Founder and Chief Executive of the Company, had sold 1,200,000 Ordinary Shares, representing 2.82 per cent. of the voting rights in the Company (the "Placing").
The Company was notified today that Ray Kelvin exercised nil-cost options to acquire 202,381 Ordinary Shares, pursuant to the Company's 2009 Value Creation Plan, which had been pre-placed with independent parties as part of the Placing.
Consequently, following completion of the Placing and the exercise of the nil-cost options, Ray Kelvin has a beneficial interest in 15,540,280 Ordinary Shares representing 36.32% of the Company's issued ordinary share capital with voting rights. He also holds nil-cost options in respect of 202,382 Ordinary Shares.
The Ordinary Shares referred to above are the ordinary shares of 5 pence each in the Company.
Enquiries
Ted Baker
Charles Anderson
Tel: 020 7255 4800
Related Shares:
TED.L