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Carpetright PLC (CPR)

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Wednesday 06 February, 2019

Carpetright PLC

Director/PDMR Shareholding

RNS Number : 2840P
Carpetright PLC
06 February 2019
 

6 February 2019

 

Carpetright plc

Lapse of Options under previous SAYE Scheme and Participation in 2019 SAYE Scheme

Carpetright plc (the "Company") today announces that Wilf Walsh has cancelled participation in a previous savings contract associated with the grant of share options under the 2017 Company Save As You Earn Share Option Scheme (SAYE) and the associated options therefore lapsed, and he has joined the 2019 SAYE scheme, pursuant to which options were granted on 6 February 2019, each as set out below:

 

Name

Position

Number of lapsed options (2017 grant)

Lapsed option price (£)

New options granted (2019 grant)

Grant price (£)

Wilf Walsh

CEO

13,846

1.30

 

 

Wilf Walsh

CEO

 

 

112,500

0.16

 

The options granted today have an exercisable price of 16p per share and are exercisable from 1 April 2022.  A total of 27,442,575 shares are under option for this scheme.  The Company's SAYE scheme is made available to all permanent UK employees who were employed on a certain date.

Formal notification of the dealings is set out below:

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Wilf Walsh

2

 

Reason for the notification

a)

 

Position/status

Chief Executive

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Carpetright plc

b)

 

LEI

 

213800GO32BSNNHXID90

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

Ordinary Shares



Identification code

GB0001772945

 


b)

 

Nature of the transaction

 

Cancellation of SAYE options

c)

 

Price(s) and volume(s)

 

 

 

 


 

Price(s)

Volume(s)

 


 

£1.30

13,846

 


 

 

 

 

d)

 

Aggregated information




- Aggregated volume

13,846



- Price

Option price £1.30



e)

 

Date of the transaction

 

2019-02-06

f)

 

Place of the transaction

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Wilf Walsh

2

 

Reason for the notification

 

a)

 

Position/status

Chief Executive

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

Carpetright plc

b)

 

LEI

213800GO32BSNNHXID90

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

Ordinary Shares



Identification code

GB0001772945

 


b)

 

Nature of the transaction

 

Grant of SAYE options

c)

 

Price(s) and volume(s)

 

 

 

 


 

Option Price(s)

Volume(s)

 


 

16p

112,500

 


 

 

 

 

d)

 

Aggregated information




- Aggregated volume

112,500



- Price

Option price 16p



e)

 

Date of the transaction

 

2019-02-06

f)

 

Place of the transaction

Outside a trading venue

 

 

 

Z Dolan

01708 802000

 


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