S & U PLC

Director's Dealing • May 25, 2018

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RNS Number : 2636P

S & U PLC

25 May 2018

S & U PLC ("S&U" or "the Company")

Exercise and Sale of Options, Director/PDMR Shareholding and Total Voting Rights

25 May 2018

Exercise and Sale of Options

S&U plc announces that it has today received notice of the exercise in respect of options granted to Mr Chris Redford, a director of S&U plc; 2,000 options under the Company's 2010 Long Term Incentive Plan ("LTIP") were exercised at an exercise price of 12.5 pence per share and 600 options under the Company's 2008 Discretionary Share Option Plan ("DSOP") were exercised at an exercise price of 1,892.5 pence per share. These notices for Mr Chris Redford were in respect of a total of 2,600 ordinary shares of 12.5p each ("Ordinary Shares") and these 2,600 Ordinary Shares were sold in the market at an average price of 2,702 pence per share. Following these transactions the beneficial shareholding of Mr Chris Redford is 11,000 ordinary shares, being 0.1% of the Company.

In total, 2,600 Ordinary Shares were admitted to trading this week pursuant to an existing block listing, and will rank pari pasu with existing Ordinary Shares.

Total Voting Rights

Following the issue of these Ordinary Shares, the total number of voting rights in S&U is 12,003,759. This number (12,003,759) should be used by shareholders and other parties subject to disclosure obligations as the denominator for the calculations by which they determine if they are required to notify their interest in or a change to their interest in the share capital of S&U under the FCA's Disclosure and Transparency rules.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Chris Redford

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

S&U PLC

b)

LEI

213800QZ1X2A7J64SQ31

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 12.5p each

ISIN :    GB0007655037

b)

Nature of the transaction

Exercise of options under the Company's 2010 Long Term Incentive and 2008 Discretionary Share Option Plans.

c)

Price(s) and volume(s)

Exercise Price(s)	Volume(s)
12.5p	2,000
1,892.5p	600

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

22nd May 2018

f)

Place of the transaction

London Stock Exchange (XLON)

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 12.5p each

ISIN :    GB0007655037

b)

Nature of the transaction

Sale of Ordinary Shares following an exercise of options under the Company's 2010 Long Term Incentive and 2008 Discretionary Share Option Plans.

c)

Price(s) and volume(s)

Price(s)	Volume(s)	Date
2,700p	536	22-May-18
2,710p	500	22-May-18
2,720p	387	22-May-18
2,690p	827	24-May-18
2,700p	150	24-May-18
2,703.6p	200	24-May-18

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 2,600

Volume weighted average price: 2,702p

e)

Date of the transaction

22nd and 24th May 2018

f)

Place of the transaction

London Stock Exchange (XLON)

Enquiries:

Anthony Coombs	S&U plc	c/c/o Newgate Communications
Financial Public Relations Bob Huxford, James Ash, Imogen Humphreys	Newgate Communications	020 7653 9848
Broker Adrian Trimmings, Rishi Shah	Peel Hunt LLP	020 7418 8900

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