Director/PDMR Shareholding Grant of LTIP

RNS Number : 5311U

Restore PLC

02 August 2022

 

2 August 2022

Restore plc

("Restore" or the "Company")

Director/PDMR Shareholding

Grant of LTIP Share Options

Restore plc (AIM: RST), the UK's leading provider of digital and information management and secure lifecycle services, announces that on 29 July 2022, Charles Bligh, Chief Executive Officer, and Neil Ritchie, Chief Financial Officer, were granted 178,174 and 105,324 nil-cost options respectively 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"). The LTIP options will vest in three years on 1 April 2025, subject to the achievement of performance conditions.

Following the awards set out above, the executive Directors' beneficial interest in the Company is set out below:

PDMR	Position	Number of 2022 LTIPs	Number of 2021 LTIPs	Number of 2020 LTIPs	Number of vested share options	Number of Ordinary Shares
Charles Bligh	Chief Executive Officer	178,174	216,616	145,917	215,764	34,410
Neil Ritchie	Chief Financial Officer	105,324	128,049	80,000	93,751	18,465

For further information please contact:

Restore plc	www.restoreplc.com
Sarah Waudby, Company Secretary	[phone]
Investec (Nominated Adviser and Joint Broker)	www.investec.com
Carlton Nelson James Rudd	[phone]
Canaccord Genuity (Joint Broker, Corporate Advisor)	www.canaccordgenuity.com
Max Hartley Chris Robinson	[phone]
Citi (Joint Broker)	www.citigroup.com
Stuart Field Laura White	[phone]
Buchanan Communications (PR enquiries)	www.buchanan.uk.com
Charles Ryland Stephanie Whitmore	[phone]

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 Bligh
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 2022 LTIP
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			-	178,174
d)	Aggregated information
	- Aggregated volume	As above - one transaction
	- Price - Total
e)	Date of the transaction	29 July 2022
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Neil Ritchie
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 2022 LTIP
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			-	105,324
d)	Aggregated information
	- Aggregated volume	As above - one transaction
	- Price - Total
e)	Date of the transaction	29 July 2022
f)	Place of the transaction	Outside of a trading venue

 

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