S & U PLC

Director's Dealing • Oct 23, 2019

National Storage Mechanism | Additional information

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RNS Number : 9162Q

S & U PLC

23 October 2019

23 October 2019

S & U PLC

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

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

Exercise and Sale of Options

S&U plc announces that it has today received notice of the exercise of 10,000 options granted to Mr Guy Thompson, a director of S&U plc under the Company's 2010 Long Term Incentive Plan ("LTIP"). These options were exercised at an exercise price of 12.5 pence per share and all 10,000 of these Ordinary Shares were sold to Mr Graham Coombs, also a director of S&U, at a price of 2,100 pence per share.

Following these transactions the beneficial shareholding of Mr Guy Thompson is nil ordinary shares and he holds 40,000 ordinary share options which are vested but unexercised. He also holds 6,000 vested shadow share options and 15,000 unvested shadow share options.

Following these transactions the beneficial shareholding of Mr Graham Coombs is 1,591,457 ordinary shares.

10,000 Ordinary Shares were admitted to trading today 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 12,080,093. This figure 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

John Guy Thompson

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	10,000

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

23 October 2019

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 Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)	Date
2,100p	10,000	23 October 2019

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 10,000

Volume weighted average price: 2,100p

e)

Date of the transaction

23 October 2019

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Graham Derek Clifford Coombs

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

Purchase of Ordinary Shares.

c)

Price(s) and volume(s)

Price(s)	Volume(s)	Date
2,100p	10,000	23 October 2019

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 10,000

Volume weighted average price: 2,100p

e)

Date of the transaction

23 October 2019

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, Tom Carnegie, Megan Kovach	Newgate Communications	020 7653 9848
Broker Adrian Trimmings, Andrew Buchanan, Rishi Shah	Peel Hunt LLP	020 7418 8900

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