Source - LSE Regulatory
RNS Number : 1619U
Warpaint London PLC
21 November 2023
 

21 November 2023

 

 

Warpaint London PLC

("Warpaint", the "Company" or the "Group")

 

PDMR Dealing

 

Warpaint London plc (AIM: W7L), the specialist supplier of colour cosmetics and owner of the W7 and Technic brands, announces that on 20 November 2023, Neil Rodol, Chief Financial Officer, exercised 105,262 options over ordinary shares of 25p each in the capital of the Company ("Shares") at a exercise price of 237.5 pence (the "Exercise"). Neil Rodol then sold the resultant 105,262 Shares from the Exercise on the same day at a price of 325p pence per Share.

The options were granted to Neil Rodol on 29 June 2017 pursuant to the Company's Enterprise Management Incentive Scheme and the resultant Shares are covered by the Company's Blocklisting which was announced  by the Company on 3 October 2023.

The information in the below notification is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Neil Rodol

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

Warpaint London PLC

b)

LEI

213800EBJ2CN6KIDCO78

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 25p each

 

 

GB00BYMF3676

b)

Nature of the transaction

Exercise of share options and sale of shares

c)

Price(s) and volume(s)

  Price(s)

Volume(s)

237.5p (exercise)

105,262

325p (sale)

105,262

 

d)

Aggregated information

- Aggregated volume

- Price

N/A

 

N/A

e)

Date of the transaction

20 November 2023

f)

Place of the transaction

Outside a Trading venue and AIM, London Stock Exchange

 

 

 

Enquiries:

Warpaint London

Sam Bazini - Chief Executive Officer

Eoin Macleod - Managing Director

Neil Rodol - Chief Financial Officer

 

c/o IFC

 

Shore Capital (Nominated Adviser & Broker)

Patrick Castle, Daniel Bush - Corporate Advisory

Fiona Conroy - Corporate Broking

 

020 7408 4090

IFC Advisory (Financial PR & IR)

Tim Metcalfe, Graham Herring, Florence Chandler

020 3934 6630

 

 

Warpaint London plc

 

Warpaint sells branded cosmetics under the lead brand names of W7 and Technic. W7 is sold in the UK primarily to retailers and internationally to local distributors or retail chains. The Technic brand is sold in the UK and continental Europe with a significant focus on the gifting market, principally for high street retailers and supermarkets.  In addition, Warpaint supplies own brand white label cosmetics produced for several major high street retailers.  The Group also sells cosmetics using its other brand names of Man'stuff, Body Collection and Chit Chat.

 

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END
 
 
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