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RESTORE PLC — Remuneration Information 2020
Jun 5, 2020
7880_def-14a_2020-06-05_176628aa-5607-4a57-8df0-e4ac4f2a3f4d.html
Remuneration Information
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National Storage Mechanism | Additional information
RNS Number : 0398P
Restore PLC
05 June 2020
5 June 2020
Restore plc
("Restore" or the "Company")
Director/PDMR Shareholding
Grant of LTIP Share Options
Restore (AIM: RST), the UK leader in document management and business relocation services, announces that on 3 June 2020, Charles Bligh, Chief Executive Officer and Neil Ritchie, Chief Financial Officer, were granted 145,917 and 80,000 nil-cost options respectively over ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") under the existing Restore plc Long Term Incentive Plan ("LTIP"). The LTIP options will vest in three years on 2 June 2023, subject to the achievement of performance conditions.
Following the awards set out above, the executive Directors' beneficial interest in the Company is set out below:
| PDMR | Position | Number of 2018 LTIPs | Number of 2019 LTIPs | Number of Ordinary Shares | ||||
| Charles Bligh | Chief Executive Officer | 253,840 | 145,917 | 23,461 | ||||
| Neil Ritchie | Chief Financial Officer | 110,295 | 80,000 | 11,346 |
For further information please contact:
Restore plc www.restoreplc.com
Sarah Waudby, Company Secretary 020 7409 2420
Peel Hunt LLP www.peelhunt.com
Mike Bell 020 7418 8900
Ed Allsopp
Buchanan Communications www.buchanan.uk.com
Charles Ryland 020 7466 5000
Vicky Haynes
Stephanie Watson
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 Bligh | |||
| 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 awards pursuant to the 2019 LTIP | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| - | 145,917 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | As above - one transaction | ||||
| - Price - Total |
|||||
| e) | Date of the transaction | 03 June 2020 | |||
| f) | Place of the transaction | Outside of a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Neil Ritchie | |||
| 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 awards pursuant to the 2019 LTIP | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| - | 80,000 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | As above - one transaction | ||||
| - Price - Total |
|||||
| e) | Date of the transaction | 03 June 2020 | |||
| f) | Place of the transaction | Outside of a trading venue |
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 [email protected] or visit www.rns.com.
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