TOPPS TILES PLC

Transaction in Own Shares • May 27, 2022

National Storage Mechanism | Additional information

RNS Number : 0023N

Topps Tiles PLC

27 May 2022

Topps Tiles plc

(the "Company")

PDMR Transaction

The Company has received notice that, on Thursday, 26 May 2022, Robert Parker, Stephen Hopson, Richard Carter, Timothy Tatlock, Linda Sleath and Daniel Little, each a PDMR, were awarded nil-cost share options in respect of ordinary shares of 3.33 pence each in the capital of the Company ("Ordinary Shares") as detailed below, in accordance with the rules of the Topps Tiles 2013 Long Term Incentive Plan. The Vesting of each award is subject to the satisfaction of the performance condition that EPS as stated in the Company's accounts for the 2023/24 financial period excluding exceptional items and subject to such adjustments as the Board in its discretion determines are fair and reasonable, is between 4.38 pence per share for vesting at 10% and 7.85 pence per share for vesting at 100%.

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name 

1.   Robert Parker

2.   Stephen Hopson

3.   Richard Carter

4.   Timothy Tatlock

5.   Linda Sleath

6.   Daniel Little

2

Reason for the notification

a)

Position/status

1.   Chief Executive Officer (PDMR)

2.   Chief Financial Officer (PDMR)

3.   Retail Managing Director (PDMR)

4.   Buying Director (PDMR)

5.   Director of HR (PDMR)

6.   Commercial Managing Director (PDMR)

b)

Initial notification /Amendment

Initial

3

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

a)

Name

Topps Tiles PLC

b)

LEI

2138009NA4KINTLN7Q97

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 3.33 pence each

Identification Code

GB00B185P5K83

b)

Nature of the transaction

Grant of nil cost options pursuant to the Topps Tiles 2013 Long Term Incentive Plan

c)

Price(s) and volume(s)

PDMR	Price	Volume
Robert Parker	£0.00	675,041
Stephen Hopson	£0.00	360,459
Richard Carter	£0.00	421,901
Timothy Tatlock	£0.00	295,330
Linda Sleath	£0.00	216,857
Daniel Little	£0.00	262,152

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

Thursday, 26 May 2022

f)

Place of the transaction

Outside of a trading venue

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