Exercise of share options / Transfer of shares

RNS Number : 4243X

Headlam Group PLC

04 January 2022

 

4 January 2022

Headlam Group plc

(the 'Company')

Exercise of share options /  Transfer of treasury shares

Headlam Group plc (LSE: HEAD), Europe's leading distributor of floorcoverings, announces that, on 30 December 2021,  share options granted under the 2018 grant of the Headlam Group Sharesave Scheme ('SAYE'), were exercised at the option price of £3.54 per share by certain employees of the Company.

A total of 4,066 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 327,602 ordinary shares as treasury shares.

The total number of ordinary shares in issue (excluding shares held as treasury shares) is 85,311,607 with one voting right per share. Therefore, the total number of voting rights in the Company is 85,311,607.

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 Chris Payne, Interim Chief Executive Catherine Miles, Director of IR and ESG	Tel: [phone] Email:  [e-mail]
Panmure Gordon (UK) Limited  (Corporate Broker) Erik Anderson / Edward Walsh / Ailsa MacMaster	Tel: [phone]
Peel Hunt LLP (Corporate Broker) George Sellar / John Welch / Andrew Clark	Tel: [phone]
Alma PR  (Financial PR) Susie Hudson / Faye Calow	Tel: [phone] Email: [e-mail]

Notes for Editors:

Headlam is Europe's leading floorcoverings distributor, providing the channel between suppliers and trade customers of floorcoverings.

Headlam works with suppliers across the globe manufacturing a diverse range of floorcovering products, and provides them with a cost efficient and effective route to market for their products into the highly fragmented customer base. Alongside long-established processing and distribution expertise, suppliers benefit from Headlam's marketing and customer servicing into the most extensive customer base.

To maximise customer reach, Headlam operates 66 businesses across the UK and Continental Europe (France and the Netherlands). Each business operates under its own trade brand and utilises individual sales teams while being supported by the Company's network and centralised resources.

The Company's customer base covers both the residential and commercial sectors, with the principal customer groups being independent retailers and smaller flooring contractors alongside other groups such as larger retailers, housebuilders, specifiers, and local authorities.

Headlam is focused on providing customers with a market leading service through:

· the broadest product offering;

· unrivalled product knowledge and tailored solutions;

· sales team and marketing support;

· ecommerce support; and

· nationwide delivery and collection service.

www.headlam.com

 

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