Source - RNS
RNS Number : 3832X
Headlam Group PLC
09 August 2018
 

 

 

 

 9 August 2018

 

Headlam Group plc

("Headlam" or the "Company")

 

Exercise of share options / Transfer of treasury shares

 

Headlam Group plc (LSE: HEAD), Europe's largest distributor of floorcoverings, announces that, on 6 August  2018, share options granted under the Headlam Group 2013 Savings Related Share Option Scheme and the Headlam Group 2015 Savings Related Share Option Scheme, were exercised at an option price of £2.74 and £3.40 per share, respectively, by certain employees of the Company.

 

A total of 9,402 ordinary shares have been transferred from treasury stock for the purpose of satisfying the exercise of the share options.

Following the above transfer of treasury stock, the Company holds 784,731 ordinary shares as treasury shares. 

The total number of ordinary shares in issue (excluding shares held as treasury shares) is 84,579,012, with one voting right per share.  Therefore, the total number of voting rights in the Company is 84,579,012.

The above figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

Headlam Group plc

Tel: 01675 433 000

Steve Wilson, Chief Executive

 

 

Investec Bank plc (Corporate Broker) 

Tel: 020 7597 5970

Garry Levin / David Flin / Alex Wright




Buchanan (Financial PR and IR)

Tel: 020 7466 5000

Mark Court / Sophie Wills / Catriona Flint

 



 

Notes for Editors:

 

Headlam is Europe's largest distributor of floorcoverings having grown significantly via organic growth and acquisition since 1992.

 

Headlam's core business provides the distribution link between suppliers and customers of floorcoverings, providing suppliers with the greatest coverage and customer penetration for their products across the UK and Continental Europe, and customers with the broadest range of products supported by next day delivery.

 

The Company is engaged with suppliers across 16 primary countries whose products cover a significant proportion of the floorcoverings market including carpet, residential vinyl, engineered wood, laminate, luxury vinyl tiles, ceramic tiles, underlay and commercial flooring. The Company's customers are within both the residential and commercial sectors and comprise principally independent retailers and flooring contractors.

 

The Company comprises 65 wholly-owned businesses in the UK and Continental Europe (UK 61, Continental Europe 4) each operating under their own trade brand and utilising their individual sales team which achieves greater market penetration.

 

Each of the businesses is supported by the Company's centralised and financial resources and extensive distribution network across the UK and Continental Europe.

 

www.headlam.com

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
MSCPLMITMBMMBMP

Related Charts

Headlam Group (HEAD)

+2.00p (+0.45%)
delayed 11:33AM