Director/PDMR Shareholding

TheWorks.co.uk PLC

16 February 2024

 

TheWorks.co.uk plc

("The Works" or the "Company")

Director / PCA Dealing

TheWorks.co.uk plc, the multi-channel value retailer of arts, crafts, toys, books and stationery, today announces that it received notification on 14 February 2024 from Kelso Group Holdings Plc ("Kelso") that, on the same day, it purchased 345,000 ordinary shares in The Works at an average price of 24.03p. Following the transaction Kelso has a beneficial interest in 3,745,000 ordinary shares of The Works representing 5.992% of the share capital.

John Goold and Mark Kirkland, newly appointed Non-Independent Non-Executive Directors and PDMRs of The Works, are also directors of Kelso. As such, Kelso is deemed to be a 'Person Closely Associated' with John Goold and Mark Kirkland. John Goold and Mark Kirkland have no direct beneficial interest in The Works.

Enquiries: TheWorks.co.uk plc Gavin Peck, CEO Rosie Fordham, CFO	via Sanctuary Counsel
Sanctuary Counsel Ben Ullmann Rachel Miller Kitty Ryder	0207 340 0395 [e-mail]

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities / person closely associated
(a)	Name	Kelso Group Holdings Plc
2	Reason for the notification
(a)	Position/status	PCA of John Goold and Mark Kirkland (PDMRs)
(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, type of instrument Identification code	Ordinary shares of TheWorks.co.uk plc of 1p each GB00BF5HBF20
(b)	Nature of the transaction	Purchase of ordinary shares.
(c)	Price(s) and volume(s)	Price (pence) Quantity 22.7687            25,000 22.8350            50,000 23.3100            50,000 23.6390            25,000 24.0000            50,000 24.5000            17,000 24.6000            33,000 24.5000            35,000 25.5000            10,000 25.3000            25,000 26.0000            25,000
(d)	Aggregated Information, Aggregated volume, Prices	Aggregated volume: 345,000 ordinary shares Volume weighted average price: 24.03p
(e)	Date of the transaction	14 February 2024
(f)	Place of the transaction	London Stock Exchange

 

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