Director/PDMR Shareholding

RNS Number : 8102O

Lookers PLC

12 October 2021

 

Lookers plc

("the Company")

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

12 October 2021

Exercise of Share Options

The Company announces that on 7 October 2021 Duncan McPhee, Chief Operating Officer, exercised nil cost options to acquire ordinary shares of 5 pence each in the Company ("ordinary shares") pursuant to the terms of the Company's Long Term-Incentive Plan ("LTIP"). 

The options, which were awarded in 201 7 and 2018 and vested on 4 August 2021, were exercised in relation to 21,952 ordinary shares in aggregate. 9,982 of the shares arising from the exercise were sold to meet the tax liability arising from the exercise.  This sale took place on 8 October 2021 at a price of 64.4 pence per ordinary share.

In accordance with Article 19 of the UK Market Abuse Directive, detailed information is set out below.

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Duncan McPhee
2.	Reason for the notification
a)	Position / status	Chief Operating Officer
b)	Initial notification / amendment	Initial Notification
3.	Details of the issuer or emission allowance market participant
a)	Name	Lookers plc
b)	LEI	213800TSB8PJEACDAV33
4.	Details of the transaction(s):
a)	Description of the financial instrument Identification code	Ordinary shares of 5 pence GB00B17MMZ46
b)	Nature of the transaction	Option exercise
c)	Price(s) and volume(s)	Price: Nil Volume:  21,952
d)	Aggregated information -   Aggregated volume -   Price	N/A
e)	Date of the transaction	7 October 2021
f)	Place of the transaction	Private transaction

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Duncan McPhee
2.	Reason for the notification
a)	Position / status	Chief Operating Officer
b)	Initial notification / amendment	Initial Notification
3.	Details of the issuer or emission allowance market participant
a)	Name	Lookers plc
b)	LEI	213800TSB8PJEACDAV33
4.	Details of the transaction(s):
a)	Description of the financial instrument Identification code	Ordinary shares of 5 pence GB00B17MMZ46
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)	Price: 64.4 pence Volume:  9,982
d)	Aggregated information -   Aggregated volume -   Price	N/A
e)	Date of the transaction	8 October 2021
f)	Place of the transaction	London Stock Exchange

Enquiries:

Debbie Fish

Deputy Company Secretary

0161 291 0043

The Company is registered in England at Lookers House, 3 Etchells Road, West Timperley, Altrincham WA14 5XS.  Company registration number 00111876.  LEI number 213800TSB8PJEACDAV33

 

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