Issue of Shares and PDMR Shareholding

RNS Number : 8464Z

SuperGroup PLC

12 February 2014

 



SuperGroup Plc

("SuperGroup" or the "Company")

Issue of shares and PDMR shareholding

SuperGroup announces that, following the satisfaction in full of certain performance criteria by Luc Clément in connection with the Company's acquisition of SuperGroup Europe BVBA ('SGE'), formerly CNC Collections BVBA from Mr Clément in February 2011 (the 'SGE Acquisition'), the Company has today allotted and issued 441,917 ordinary shares of 5p each ('Ordinary Shares') in the capital of the Company to Mr Clément (the 'Final Deferred Consideration'). 

Application is being made to the UK Listing Authority for the 441,917 Ordinary Shares being issued to be admitted to the Official List, and application is being made to the London Stock Exchange for such Ordinary Shares to be admitted to trading on its main market for listed securities. It is expected that such admission will become effective and that dealings will commence in the Ordinary Shares at 8.00 am (GMT) on 13 February 2014.

Additionally, Mr Clément notified the Company on the 11 February 2014 that, on the same day, he sold 150,000 Ordinary Shares at a price of 1,618p each.

Following the issue of the Final Deferred Consideration and the aforementioned sale, Mr Clément will hold in aggregate 706,981 Ordinary Shares, representing 0.87% of the issued share capital of the Company.

The Company now has a total of 80,952,249 Ordinary Shares in issue.  This figure may be used by shareholders to determine if they are required to notify their interest in, or a change to their interest in SuperGroup, under the Financial Conduct Authority's Disclosure and Transparency Rules. 

12 February 2014

Enquiries:

SuperGroup plc
Shaun Wills, Chief Financial Officer	[phone]
Tony Newbould, Investor Relations Officer	[phone]
Instinctif Partners	[phone]
Matthew Smallwood
Mark Reed

 

END

 

 

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