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RESTORE PLC
Director's Dealing • May 20, 2024
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 1436P
Restore PLC
20 May 2024
20 May 2024
Restore plc
("Restore" or the "Group" or "Company")
Grant of SAYE Options and PDMR Dealings
Restore (AIM: RST), the UK's leading provider of digital and information management and secure lifecycle services, announces that it has launched a 2024 Save As You Earn Scheme (the "2024 SAYE Scheme") for all eligible employees, offering a saving plan over 3 years.
Employees were invited to subscribe for options ("Options") over the Company's ordinary shares of 5p each in the Company ("Ordinary Shares") which were granted on 16 May 2024 at an exercise price of 175 pence in accordance with the terms of the 2024 SAYE Scheme. This represents a discount of 20% from the average mid-market closing price for an Ordinary Share on the 5 business days from Wednesday 17 April 2024 to Tuesday 23 April 2024 prior to the invitation being made to all eligible employees on Wednesday 24 April 2024.
A total of 337 employees have participated in the scheme and 1,005,409 Options have been granted representing 0.734% of the Company's issued share capital.
The following Persons Discharging Managerial Responsibility ("PDMRs") have chosen to participate in the 2024 SAYE Scheme:
| PDMR | Title | Number of Options granted |
| Charles Skinner | Chief Executive Officer | 5,300 |
| Dan Baker | Chief Financial Officer | 5,300 |
For further information please contact:
| Restore plc | www.restoreplc.com |
| Charles Skinner, CEO | + 44 (0) 207 409 2420 |
| Dan Baker, CFO | |
| Chris Fussell, Company Secretary | |
| Investec (Nominated Adviser and Joint Broker) | www.investec.com |
| Carlton Nelson | + 44 (0) 207 597 5970 |
| James Rudd | |
| Canaccord Genuity (Joint Broker) | www.canaccordgenuity.com |
| Max Hartley Alex Aylen |
+ 44 (0) 207 523 8000 |
| FTI Consulting (PR Enquiries) | www.fticonsulting.com/uk |
| Nick Hasell | + 44 (0) 203 727 1340 |
| Alex Le May |
The information below (set out in accordance with the requirements of the EU Market Abuse Regulation) provides further detail:
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Charles Skinner | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Executive Officer | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Restore plc | |||
| b) | LEI | 213800CE3EOGYML9AY08 | |||
| 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 5 pence each | |||
| Identification code | GB00B5NR1S72 | ||||
| b) | Nature of the transaction | Grant of options under the 2024 Save As You Earn (SAYE) Scheme | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| 175 pence | 5,300 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | As above - one transaction | ||||
| - Price - Total |
|||||
| e) | Date of the transaction | 16 May 2024 | |||
| f) | Place of the transaction | Outside of a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Dan Baker | |||
| 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 | Restore plc | |||
| b) | LEI | 213800CE3EOGYML9AY08 | |||
| 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 5 pence each | |||
| Identification code | GB00B5NR1S72 | ||||
| b) | Nature of the transaction | Grant of options under the 2024 Save As You Earn (SAYE) Scheme | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| 175 pence | 5,300 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | As above - one transaction | ||||
| - Price - Total |
|||||
| e) | Date of the transaction | 16 May 2024 | |||
| f) | Place of the transaction | Outside of a trading venue |
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