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ScS Group plc (SCS)

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Monday 21 May, 2018

ScS Group plc

Director/PDMR Shareholding

RNS Number : 7749O
ScS Group PLC
21 May 2018
 

For Immediate Release                               

21 May 2018

 

ScS Group plc

("ScS" or the "Company")

 

Director/PDMR Shareholding

ScS, one of the UK's largest retailers of upholstered furniture and floorings, has been notified that on 21 May 2018, Simon Nicholson, Buying Director, exercised 40,000 share options. The exercise price of the options is nil. Simon Nicholson then sold 40,000 ordinary shares of £0.001 each in the Company ("Ordinary Shares"), at a price of 208p per Ordinary Share.

Enquiries:

 

ScS Group PLC

David Knight, Chief Executive Officer

Chris Muir, Chief Financial Officer

 

c/o Buchanan +44 (0)20 7466 5000

Buchanan

Richard Oldworth

Madeleine Seacombe

 

Tel: +44 (0)20 7466 5000

[email protected]

Shore Capital

Patrick Castle

Tel: +44 (0)207 408 4050

 

Dru Danford

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulations.

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name: Simon Nicholson

2.

Reason for the notification

a)

Position/Status:  PDMR

b)

Initial notification/Amendment: Initial notification

3.

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

a)

Name: ScS Group plc

b)

LEI:  213800LOXNVJIB4C7B98

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 of 0.1p Identification code: GB00BRF0TJ56

b)

Nature of the transaction:

(i) Exercise of share options

(ii) Sale of shares following the exercise of share options

c)

Price(s) and volume(s):

Date

Price(s)

Volume(s)

21 May 2018

Nil

40,000

 21 May 2018

208p

40,000

 

 

 

d)

Aggregated information:

Aggregate (volume weighted) Price

Aggregate Volume

n/a


e)

Date of the transaction: 21 May 2018

f)

Place of the transaction: London Stock Exchange

 


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 [email protected] or visit www.rns.com.
 
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