Director/PDMR Shareholding

RNS Number : 7749O

ScS Group PLC

21 May 2018

 

For Immediate Release

21 May 2018

ScS Group plc

("ScS" or the "Company")

Director/PDMR Shareholding

ScS, one of the UK's largest retailers of upholstered furniture and floorings, has been notified that on 21 May 2018, Simon Nicholson, Buying Director, exercised 40,000 share options. The exercise price of the options is nil. Simon Nicholson then sold 40,000 ordinary shares of £0.001 each in the Company ("Ordinary Shares"), at a price of 208p per Ordinary Share.

Enquiries:

ScS Group PLC David Knight, Chief Executive Officer Chris Muir, Chief Financial Officer	c/o Buchanan [phone]
Buchanan Richard Oldworth Madeleine Seacombe	Tel: [phone] [e-mail]
Shore Capital Patrick Castle	Tel: [phone]

Dru Danford

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulations.

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Simon Nicholson
2.	Reason for the notification
a)	Position/Status:  PDMR
b)	Initial notification/Amendment: Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name: ScS Group plc
b)	LEI:  213800LOXNVJIB4C7B98
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 0.1p Identification code: GB00BRF0TJ56
b)	Nature of the transaction: (i) Exercise of share options (ii) Sale of shares following the exercise of share options
c)	Price(s) and volume(s): Date Price(s) Volume(s) 21 May 2018 Nil 40,000  21 May 2018 208p 40,000
d)	Aggregated information: Aggregate (volume weighted) Price Aggregate Volume n/a
e)	Date of the transaction: 21 May 2018
f)	Place of the transaction: London Stock Exchange

 

END

 

 

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