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LORDS GROUP TRADING PLC
Remuneration Information • May 27, 2022
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 9980M
Lords Group Trading PLC
27 May 2022
| For immediate release | 27 May 2022 |
Lords Group Trading plc
('Lords', the 'Company' or the 'Group')
Deferred Bonus Plan Awards Issuance
Director/PDMR Dealing
Lords Group Trading plc, a leading distributor of building materials in the UK, announces that under the Lords Deferred Bonus Plan ('DBP') it has made conditional awards over an aggregate of up to 705,170 new ordinary shares in the capital of the Company ('Ordinary Shares') to a broad number of Group employees ('2022 DBP Shares').
The DBP is part of the Group's incentive arrangements stated at the time of admission to trading on AIM, in line with the recognition of the ongoing efforts of the Group's employees and the importance of ensuring that all employees are well motivated and identify closely with the long-term success of the Group.
The 2022 DBP Shares will vest on 30 January 2024 subject to awardee's continued employment with the Group and the achievement of certain performance criteria in respect of the year ended 31 December 2022.
PDMR Participation in 2022 DBP Shares
Members of Group's senior management considered to be PDMRs of the Company have been awarded 167,474 DBP Shares:
| PDMR | Position | Award |
| Martin Keay | Managing Director, A.W. Lumb | 19,417 |
| Michael Brockman | Managing Director, APP | 46,602 |
| Paul Markham | Managing Director, Weldit | 16,019 |
| Jamie Herd | Manging Director, Lords Builders Merchants and George Lines | 34,951 |
| Steve Bath | Purchasing director, PDMR | 22,330 |
| Tilak Patel | Managing Director, Lords at Home | 13,592 |
| Tim Holton | Group Acquisition and Integration Director | 14,563 |
The notifications below, made in accordance with the UK Market Abuse Regulation, provide further details.
FOR FURTHER ENQUIRIES:
| Lords Group Trading plc | Via Buchanan |
| Shanker Patel, Chief Executive Officer | Tel: +44 (0) 20 7466 5000 |
| Chris Day, Chief Financial Officer | |
| Cenkos Securities plc (Nominated Adviser and Joint Broker) | Tel: +44 (0)20 7397 8900 |
| Ben Jeynes / Max Gould / Dan Hodkinson (Corporate Finance) | |
| Alex Pollen (Sales) | |
| Berenberg (Joint Broker) Matthew Armitt / Richard Bootle / Ciaran Walsh |
Tel: +44 (0)20 3207 7800 |
| Buchanan Communications | Tel: +44 (0) 20 7466 5000 |
| Henry Harrison-Topham / Stephanie Whitmore/ Kim Looringh-van Beeck / Abby Gilchrist | [email protected] |
The following notifications are intended to satisfy the Company's obligations under Article 19(3) of the Market Abuse Regulation.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Martin Keay
2
Reason for notification
a)
Position/Status
Managing Director, A.W. Lumb
b)
Initial notification/amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Lords Group Trading plc
b)
LEI
9845009A4D87F1CE5145
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 and identification code
Ordinary shares of 0.5peach
ISIN: GB00BM9CLS53
b)
Nature of transaction
Conditional award of new ordinary shares pursuant to Lords Group Deferred Bonus Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| n/a | 19,417 |
d)
Aggregated information
n/a
e)
Date of transaction
27 May 2022
f)
Place of transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Michael Brockman
2
Reason for notification
a)
Position/Status
Managing Director, APP
b)
Initial notification/amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Lords Group Trading plc
b)
LEI
9845009A4D87F1CE5145
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 and identification code
Ordinary shares of 0.5peach
ISIN: GB00BM9CLS53
b)
Nature of transaction
Conditional award of new ordinary shares pursuant to Lords Group Deferred Bonus Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| n/a | 46,602 |
d)
Aggregated information
n/a
e)
Date of transaction
27 May 2022
f)
Place of transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Paul Markham
2
Reason for notification
a)
Position/Status
Managing Director, Weldit
b)
Initial notification/amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Lords Group Trading plc
b)
LEI
9845009A4D87F1CE5145
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 and identification code
Ordinary shares of 0.5peach
ISIN: GB00BM9CLS53
b)
Nature of transaction
Conditional award of new ordinary shares pursuant to Lords Group Deferred Bonus Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| n/a | 16,019 |
d)
Aggregated information
n/a
e)
Date of transaction
27 May 2022
f)
Place of transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Jamie Herd
2
Reason for notification
a)
Position/Status
Manging Director, Lords Builders Merchants and George Lines
b)
Initial notification/amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Lords Group Trading plc
b)
LEI
9845009A4D87F1CE5145
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 and identification code
Ordinary shares of 0.5peach
ISIN: GB00BM9CLS53
b)
Nature of transaction
Conditional award of new ordinary shares pursuant to Lords Group Deferred Bonus Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| n/a | 34,951 |
d)
Aggregated information
n/a
e)
Date of transaction
27 May 2022
f)
Place of transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Steve Bath
2
Reason for notification
a)
Position/Status
Purchasing director, PDMR
b)
Initial notification/amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Lords Group Trading plc
b)
LEI
9845009A4D87F1CE5145
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 and identification code
Ordinary shares of 0.5peach
ISIN: GB00BM9CLS53
b)
Nature of transaction
Conditional award of new ordinary shares pursuant to Lords Group Deferred Bonus Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| n/a | 22,330 |
d)
Aggregated information
n/a
e)
Date of transaction
27 May 2022
f)
Place of transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Tilak Patel
2
Reason for notification
a)
Position/Status
Managing Director, Lords at Home
b)
Initial notification/amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Lords Group Trading plc
b)
LEI
9845009A4D87F1CE5145
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 and identification code
Ordinary shares of 0.5peach
ISIN: GB00BM9CLS53
b)
Nature of transaction
Conditional award of new ordinary shares pursuant to Lords Group Deferred Bonus Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| n/a | 13,592 |
d)
Aggregated information
n/a
e)
Date of transaction
27 May 2022
f)
Place of transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Tim Holton
2
Reason for notification
a)
Position/Status
Group Acquisition and Integration Director
b)
Initial notification/amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Lords Group Trading plc
b)
LEI
9845009A4D87F1CE5145
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 and identification code
Ordinary shares of 0.5peach
ISIN: GB00BM9CLS53
b)
Nature of transaction
Conditional award of new ordinary shares pursuant to Lords Group Deferred Bonus Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| n/a | 14,563 |
d)
Aggregated information
n/a
e)
Date of transaction
27 May 2022
f)
Place of transaction
Outside of a trading venue
- Ends -
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