FLETCHER KING PLC

Transaction in Own Shares • Jan 31, 2025

National Storage Mechanism | Additional information

RNS Number : 3640V

Fletcher King PLC

31 January 2025

​	31 January 2025

Fletcher King plc

("Fletcher King" or the "Company")

Surrender of Existing Options and Director/PDMR Dealings

The Board of Fletcher King PLC (AIM: FLK) announces that certain Directors, a PDMR and employees of the Company have surrendered, in aggregate, 920,000 options over new Ordinary Shares which were granted on 5 October 2021 ("Option Surrender") for nil consideration.

As at the date of this announcement and following the Option Surrender, there is a total of 920,000 options over new Ordinary Shares in the Company, representing approximately 9% of the Company's existing issued share capital. 

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

For further information, please contact:

Fletcher King plc	Tel: +44 (0) 20 7493 8400
David Fletcher, Chairman Peter Bailey, Finance Director
Cairn Financial Advisers LLP	Tel: +44 (0) 20 7213 0880
(Nominated Adviser)
James Caithie Liam Murray

Forward Looking Statements

Certain statements in this announcement are forward-looking statements relating to the Company's operations, performance and financial position based on current expectations of, and assumptions and forecasts made by, management.  They are subject to a number of risks, uncertainties and other factors which could cause actual results, performance or achievements of the Company to differ materially from any outcomes or results expressed or implied by such forward-looking statements.  Undue reliance should not be placed on such forward looking statements.  They are made only as of the date of this announcement and no representation, assurance, guarantee or warranty is given in relation to them including as to their accuracy, completeness, or the basis on which they are made.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

Details of the person discharging managerial responsibilities/person closely associated

Name

a) Robert Dickman

b) Paul Andrews

c) Peter Bailey

d) Paul Morris

Reason for notification

Initial Notification

Position/Status

a) Executive Director

b) Managing Director

c) Finance Director

d) PDMR (Director of subsidiary company)

Initial notification/

Amendment

Initial

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

Name

Fletcher King plc

LEI

	21380047ETCYL7UA8W49

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

Description of the financial instrument, type of instrument

Identification Code

Options over ordinary shares of 10p each 

GB0003425310

Nature of the transaction

Surrender of Options to subscribe for ordinary shares

Price(s) and volume(s)

Price(s)

Volume(s)

a) Nil

b) Nil

c) Nil

d) Nil

a) 250,000

b) 250,000

c) 200,000

d) 100,000

Aggregated information

- Aggregated Volume

- Price

800,000

Nil

Date of the transaction

29 January 2025

Place of the transaction

UK

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