Exercise of share options / Transfer of shares

RNS Number : 4243X
Headlam Group PLC
04 January 2022
 

4 January 2022

Headlam Group plc

(the 'Company')

 

Exercise of share options /  Transfer of treasury shares

 

Headlam Group plc (LSE: HEAD), Europe's leading distributor of floorcoverings, announces that, on 30 December 2021,  share options granted under the 2018 grant of the Headlam Group Sharesave Scheme ('SAYE'), were exercised at the option price of £3.54 per share by certain employees of the Company.

 

A total of 4,066 ordinary shares  have been transferred from treasury stock for the purpose of satisfying the exercise of the share options.

Following the above transfer of treasury stock, the Company holds 327,602 ordinary shares as treasury shares.

The total number of ordinary shares in issue (excluding shares held as treasury shares) is 85,311,607 with one voting right per share. Therefore, the total number of voting rights in the Company is 85,311,607.

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

 

Headlam Group plc

Chris Payne, Interim Chief Executive

Catherine Miles, Director of IR and ESG

Tel: 01675 433 000

Email:  headlamgroup@headlam.com

Panmure Gordon (UK) Limited  (Corporate Broker)

Erik Anderson / Edward Walsh / Ailsa MacMaster

Tel: 020 7886 2500

Peel Hunt LLP (Corporate Broker)

George Sellar / John Welch / Andrew Clark

Tel: 020 7418 8900

Alma PR  (Financial PR)

Susie Hudson / Faye Calow

Tel: 020 3405 0205

Email: headlam@almapr.co.uk

 

Notes for Editors:

 

Headlam is Europe's leading floorcoverings distributor, providing the channel between suppliers and trade customers of floorcoverings.

 

Headlam works with suppliers across the globe manufacturing a diverse range of floorcovering products, and provides them with a cost efficient and effective route to market for their products into the highly fragmented customer base. Alongside long-established processing and distribution expertise, suppliers benefit from Headlam's marketing and customer servicing into the most extensive customer base.

 

To maximise customer reach, Headlam operates 66 businesses across the UK and Continental Europe (France and the Netherlands). Each business operates under its own trade brand and utilises individual sales teams while being supported by the Company's network and centralised resources.

 

The Company's customer base covers both the residential and commercial sectors, with the principal customer groups being independent retailers and smaller flooring contractors alongside other groups such as larger retailers, housebuilders, specifiers, and local authorities.

 

Headlam is focused on providing customers with a market leading service through:

 

· the broadest product offering;

· unrivalled product knowledge and tailored solutions;

· sales team and marketing support;

· ecommerce support; and

· nationwide delivery and collection service.

 

www.headlam.com

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
IOESSIFWLEESEFF
UK 100