CARD FACTORY PLC — Director's Dealing 2021

Jul 12, 2021

National Storage Mechanism | Additional information

RNS Number : 9684E

Card Factory PLC

12 July 2021

12 July 2021

Card Factory plc

("Card Factory" or the "Company")

Notification of Transactions of Directors and Total Voting Rights

Card Factory, the UK's leading specialist retailer of greeting cards, dressings and gifts, today announces that, on 11 July 2021, it allotted 186,961 new ordinary shares of 1 pence each in the capital of the Company ("Shares") following the exercise of nil-cost Restricted Share options granted under the Card Factory plc Long Term Incentive Plan.  The allotment includes the issue of shares in respect of the scaled back vesting to Kris Lee (Chief Financial Officer), as well as issue of Shares to other Group employees.

Kris Lee has exercised his right to acquire, in aggregate, 27,586 Shares and, on 12 July 2021, sold 13,011 Shares to meet income tax and National Insurance liabilities arising from the vesting.  Under the terms of the Restricted Share award, the balance of the vesting shares are subject to a holding period which prohibits sale of such shares before 11 July 2023.

Following the dealings described above, Kris Lee's interests in the Company are set out below:

Director/PDMR	Current holding of Shares	Restricted Shares vesting	No. of shares sold to cover tax liabilities	No. shares held following Restricted Share vesting and sale	% of total voting rights
Kris Lee	20,471	27,586	13,011	35,046	0.01%

Total Voting Rights

In accordance with Disclosure and Transparency Rules 5.6.1R, the Company notifies the market that at the date of this announcement the Company's issued ordinary share capital comprises 341,866,891 ordinary shares with a nominal value of 1p each ("Ordinary Shares") with each share carrying one vote. No shares are held in treasury. 

The number of 341,866,891 ordinary shares above may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the ordinary share capital of the Company under the FCA's Disclosure and Transparency Rules.

This notification is made in accordance with Article 19 of the Market Abuse Regulation (as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018) and the Disclosure and Transparency Rules.

Enquiries:

Ciaran Stone General Counsel and Company Secretary Card Factory plc	Tel: 01924 839150

CARD FACTORY PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Kristian Lee

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Card Factory plc

b)

LEI

213800TTSOPFVCKPFQ11

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

Identification code

Ordinary shares of one pence each 

GB00BLY2F708

b)

Nature of the transaction

(a) Exercise of right to nil cost Restricted Shares and (b) sale of shares to satisfy tax liabilities

c)

Price(s) and volume(s)

	Price(s) per share	Volume
(a) Exercise	Nil	27,586
(b) Sale	£0.59976	13,011

d)

Aggregated information

	Aggregated Price(s)	Volume
(a) Exercise	Nil	27,586
(b) Sale	£7,803.48	13,011

e)

Date of the transaction

(a) 11 July 2021

(b) 12 July 2021

f)

Place of the transaction

(a) Outside a trading venue

(b) London Stock Exchange

Name of officer of issuer responsible for making notification: Ciaran Stone

Date of notification:  12 July 2021

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 rns@lseg.com 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

DSHDKBBQNBKDOOD