HEADLAM GROUP PLC

Net Asset Value • Jun 5, 2014

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RNS Number : 8634I

Headlam Group PLC

05 June 2014

5 June 2014

Headlam Group plc

Exercise of share options/ Transfer of Treasury Shares 

Headlam Group plc ('Headlam') announces that on 4 June 2014 Stephen Wilson, Group Finance Director, exercised share options over 7,142 shares granted on 22 August 2005 under the Headlam Group 1998 Approved Executive Share Option Scheme at an option price of £4.20 per share. These options had an exercise period between 22 August 2008 and 22 August 2015.

Steve Wilson retained all 7,142 shares increasing his beneficial shareholding in Headlam to 457,912 shares representing 0.54% of the issued share capital. Details of other share based awards are set out in the Company's annual report.

These shares, together with a further 7,142 shares subject to the same exercise criteria in respect of another employee, a total of 14,284 ordinary shares, have been transferred from treasury stock for the purposes of employee share scheme allotments at £4.20 per share.

Following the above transfer of treasury stock, Headlam held 1,721,850 ordinary shares as treasury shares. 

The total number of ordinary shares in issue (excluding shares held as treasury shares) was 83,641,893.  Therefore, the total number of voting rights in the Company is 83,641,893. The above figure 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 to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

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