Director/PDMR Shareholding

RNS Number : 7066T

ScS Group PLC

26 March 2021

 

For Immediate Release

26 March 2021

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 25 March 2021, Gary Kemp, Logistics Director, exercised 19,861 share options. The exercise price of the options is 175p. Gary Kemp then sold 19,861 ordinary shares of £0.001 each in the Company ("Ordinary Shares"), at an average price of 238p per Ordinary Share.

The options are being satisfied with shares held in the Group's Employee Benefit Trust.

Following the sale, Gary Kemp and persons closely associated with him are interested in 120,277 Ordinary Shares, representing approximately 0.3 per cent. of the issued share capital of the Company.

Enquiries:

ScS Group PLC David Knight, Chief Executive Officer Chris Muir, Chief Financial Officer	c/o Buchanan [phone]
Buchanan Richard Oldworth Tilly Abraham Charlotte Slater	Tel: [phone] [e-mail]
Shore Capital Patrick Castle James Thomas Sarah Mather	Tel: [phone]

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

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Gary Kemp
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) 25 March 2021 175p 19,861 25 March 2021 238p 19,861
d)	Aggregated information: Aggregate (volume weighted) Price Aggregate Volume n/a
e)	Date of the transaction: 25 March 2021
f)	Place of the transaction: London Stock Exchange

 

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