Director/PDMR Shareholding

TheWorks.co.uk PLC

02 July 2024

 

2 July 2024

TheWorks.co.uk plc

("The Works" or  the "Company")

Director / PCA Dealing

The Works, the family-friendly value retailer of, arts, crafts, toys, books and stationery, today announces that it received notification on 1 July 2024 from Kelso Group Holdings Plc ("Kelso") that, on 27 and 28 June 2024, it purchased an aggregate of 100,000 ordinary shares in The Works at a volume weighted average price of 24.33p. Following the transaction Kelso has a beneficial interest in 3,845,000 ordinary shares of The Works representing 6.15% of the share capital.

John Goold and Mark Kirkland, 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
Singer Capital Markets (Nomad and Broker) Peter Steel Alaina Wong Jalini Kalaravy	020 7496 3000
Sanctuary Counsel Ben Ullmann Rachel Miller Kitty Rider	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 24.50 7,500 24.00 10,000 24.50 7,500 24.00            25,000 24.50 50,000
(d)	Aggregated Information, Aggregated volume, Prices	Aggregated volume: 100,000 ordinary shares Volume weighted average price: 24.33 pence
(e)	Date of the transaction	27 June 2024
(f)	Place of the transaction	London Stock Exchange

 

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