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SCS GROUP PLC

Director's Dealing Mar 26, 2021

4925_dirs_2021-03-26_a696efc3-b602-4af0-b6bb-a97d8d41e24e.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 7066T

ScS Group PLC

26 March 2021

For Immediate Release 26 March 2021

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 25 March 2021, Gary Kemp, Logistics Director, exercised 19,861 share options. The exercise price of the options is 175p. Gary Kemp then sold 19,861 ordinary shares of £0.001 each in the Company ("Ordinary Shares"), at an average price of 238p per Ordinary Share.

The options are being satisfied with shares held in the Group's Employee Benefit Trust.

Following the sale, Gary Kemp and persons closely associated with him are interested in 120,277 Ordinary Shares, representing approximately 0.3 per cent. of the issued share capital of the Company.

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

Tilly Abraham

Charlotte Slater
Tel: +44 (0)20 7466 5000

[email protected]
Shore Capital

Patrick Castle

James Thomas

Sarah Mather
Tel: +44 (0)207 408 4050

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

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name: Gary Kemp

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)
25 March 2021 175p 19,861
25 March 2021 238p 19,861

d)

Aggregated information:

Aggregate (volume weighted) Price Aggregate Volume
n/a

e)

Date of the transaction: 25 March 2021

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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