Source - LSE Regulatory
RNS Number : 0343U
Restore PLC
20 November 2023
 

20 November 2023

Restore plc

 ("Restore" or the "Company")

 

Director/PDMR Shareholding

Grant of LTIP Share Options and Purchase of Shares

 

Restore plc (AIM: RST), the UK's leading provider of digital and information management and secure lifecycle services, announces that on 17 November 2023, Charles Skinner, Chief Executive Officer, and Dan Baker, Chief Financial Officer, were granted (respectively) 549,132 and 258,620 nil-cost options over ordinary shares of 5 pence each in the capital of the Company (the "Ordinary Shares") under the existing Restore plc Long Term Incentive Plan (the "LTIP"). These LTIP options will vest on 30 April 2026, subject to the achievement of performance conditions, with the vested awards being subject to a post-vesting holding period of six months for 50% of the vested shares and twelve months for the remaining 50%.

 

In addition, on 17 November 2023 Dan Baker, CFO, purchased 25,000 Ordinary Shares at a price of 206 pence per share.

 

Following the award and the purchase set out above, Charles Skinner's and Dan Baker's beneficial interests in the Company are set out below:

 

PDMR

Position

Number of 2023 LTIPs

Number of vested but unexercised share options

Number of Ordinary Shares

Charles Skinner

Chief Executive Officer

549,132

0

1,546,022

Dan Baker

Chief Financial Officer

258,620

0

25,000

 

 

 

For further information please contact:

 

Restore plc

www.restoreplc.com 

Chris Fussell, Company Secretary

+44 (0) 207 409 2420

 

Investec (Nominated Adviser and Joint Broker)

www.investec.com

Carlton Nelson

James Rudd

 

+44 (0) 207 597 5970

Canaccord Genuity (Joint Broker)

www.canaccordgenuity.com

Max Hartley

Alex Aylen

 

+44 (0) 207 523 8000

FTI Consulting (PR Enquiries)

Nick Hasell

Alex Le May

www.fticonsulting.com/uk

+44 (0) 203 727 1340

               



 

The information below (set out in accordance with the requirements of the EU Market Abuse Regulation) provides further detail:

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Charles Skinner

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Restore plc

b)

LEI

213800CE3EOGYML9AY08

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

Ordinary shares of 5 pence each

Identification code

GB00B5NR1S72

b)

Nature of the transaction

Grant of awards pursuant to the 2023 LTIP

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




-

549,132







d)

 

Aggregated information




- Aggregated volume

As above - one transaction



- Price

 

- Total




e)

 

Date of the transaction

 

17 November 2023

f)

 

Place of the transaction

 

Outside of a trading venue



 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dan Baker

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Restore plc

b)

LEI

213800CE3EOGYML9AY08

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

Ordinary shares of 5 pence each

Identification code

GB00B5NR1S72

b)

Nature of the transaction

Grant of awards pursuant to the 2023 LTIP

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




-

258,620







d)

 

Aggregated information




- Aggregated volume

As above - one transaction



- Price

 

- Total




e)

 

Date of the transaction

 

17 November 2023

f)

 

Place of the transaction

 

Outside of a trading venue

 



 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dan Baker

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Restore plc

b)

LEI

213800CE3EOGYML9AY08

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

Ordinary shares of 5 pence each

Identification code

GB00B5NR1S72

b)

Nature of the transaction

Purchase of ordinary shares of 5 pence each

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




206 pence

25,000







d)

 

Aggregated information




- Aggregated volume

As above - one transaction



- Price

 

- Total




e)

 

Date of the transaction

 

17 November 2023

f)

 

Place of the transaction

 

AIM, London Stock Exchange

 

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHGZMZMVGDGFZM
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Restore PLC (RST)

-3.00p (-1.35%)
delayed 09:41AM