Director/PDMR Shareholding

RNS Number : 4557Q

TheWorks.co.uk PLC

19 February 2019

 

TheWorks.co.uk plc

(the "Company")

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons

TheWorks.co.uk plc, the multi-channel value retailer of gifts, arts, crafts, toys, books and stationery, has been notified that Kevin Keaney, Chief Executive Officer of the Company, has transferred 547,300 ordinary shares in the Company (the "Shares"), for nil consideration, to his wife.

As a result of the transfer, Kevin Keaney's beneficial ownership in the Company remains unchanged.

The Shares transferred remain subject to the original lock-up provisions agreed in connection with the Company's IPO on 19 July 2018, details of which are summarised in the Company's prospectus dated 13 July 2018.

Enquiries: TheWorks.co.uk plc Kevin Keaney, CEO Gavin Peck, CFO	via Teneo
Teneo Ben Ullmann Shona Buchanan	[phone]

Notification and public disclosure of transactions by persons discharging managerial responsibilities / persons closely associated with them.

1.	Details of PDMR / person closely associated with them ('PCA')
a)	Name	Kevin Keaney
2.	Details of PDMR / person closely associated with them ('PCA')
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	TheWorks.co.uk plc
b)	LEI	894500W7PWBCCWBN9R03
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	Ordinary shares of £0.01 each ISIN: GB00BF5HBF20
b)	Nature of the transaction	Transfer of 547,300 Ordinary Shares to spouse for nil consideration. No change in beneficial ownership.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 547,300
d)	Aggregated information Aggregated volume Price	n/a (single transaction)
e)	Date of the transaction	2019-02-15
f)	Place of the transaction	Outside a trading venue

3.	Details of PDMR / person closely associated with them ('PCA')
a)	Name	Melanie Keaney
4.	Details of PDMR / person closely associated with them ('PCA')
a)	Position / status	PCA of Kevin Keaney (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	TheWorks.co.uk plc
b)	LEI	894500W7PWBCCWBN9R03
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	Ordinary shares of £0.01 each ISIN: GB00BF5HBF20
b)	Nature of the transaction	Receipt of 547,300 Ordinary Shares from spouse, Kevin Keaney, for nil consideration. No change in beneficial ownership.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 547,300
d)	Aggregated information Aggregated volume Price	n/a (single transaction)
e)	Date of the transaction	2019-02-15
f)	Place of the transaction	Outside a trading venue

 

END

 

 

DSHLIFLDFLIALIA