9th May 2025 11:35
9 May 2025
Lords Group Trading plc
('Lords', the 'Group' or the 'Company')
Director/PDMR Transaction
Lords, a leading distributor of building materials in the UK, announces that it has today been notified that on 8 May 2025, Sheena Mackay, a Non-Executive Director of the Company, purchased 64,695 ordinary shares in the Company at a price of 30.9 pence per ordinary share.
Following the transaction, Sheena Mackay is interested in 64,695 ordinary shares, representing 0.04% of the issued share capital of the Company.
The following notification is intended to satisfy the Company's obligations under Article 19(3) of the Market Abuse Regulation
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Sheena Mackay | ||||||
2 | Reason for notification | |||||||
a) | Position/Status | Non-Executive Director | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Lords Group Trading plc | ||||||
b) | LEI | 9845009A4D87F1CE5145 | ||||||
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 and identification code | Ordinary shares ISIN: GB00BM9CLS53 | ||||||
b) | Nature of transaction | Purchase of ordinary shares
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c) | Price(s) and volume(s) |
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d) | Aggregated information | n/a | ||||||
e) | Date of transaction | 8 May 2025
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f) | Place of transaction | AIMX | ||||||
- Ends -
FOR FURTHER ENQUIRIES:
Lords Group Trading plc | Via Burson Buchanan |
Shanker Patel, Chief Executive Officer | Tel: +44 (0) 20 7466 5000 |
Stuart Kilpatrick, Chief Financial Officer | |
Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker) | Tel: +44 (0)20 7220 0500 |
Ben Jeynes / Dan Hodkinson (Corporate Finance) | |
Julian Morse / Henry Nicol / Charlie Combe (Sales and ECM) |
Berenberg (Joint Broker) Matthew Armitt / Harry Nicholas / Detlir Elezi
| Tel: +44 (0)20 3207 7800 |
Burson Buchanan |
Tel: +44 (0) 20 7466 5000 |
Henry Harrison-Topham / Stephanie Whitmore / Abby Gilchrist |
Notes to editors:
Lords is a specialist distributor of building, plumbing, heating and DIY goods. The Group principally sells to local tradesmen, small to medium sized plumbing and heating merchants, construction companies and retails directly to the general public.
The Group operates through the following two divisions:
Merchanting: supplies building materials and DIY goods through its network of merchant businesses and online platform capabilities. It operates both in the 'light side' (building materials and timber) and 'heavy side' (civils and landscaping), through 31 locations in the UK.
Plumbing and Heating: a specialist distributor in the UK of plumbing and heating products to a UK network of independent merchants, installers and the general public. The division offers its customers an attractive proposition through a multi-channel offering. The division operates over 16 locations enabling nationwide next day delivery service.
Lords was established over 40 years ago as a family business with its first retail unit in Gerrards Cross, Buckinghamshire. Since then, the Group has grown to a business operating from 47 sites.
Related Shares:
Lords Grp Tr