THEWORKS.CO.UK PLC

Director's Dealing • Sep 1, 2021

National Storage Mechanism | Additional information

RNS Number : 3750K

TheWorks.co.uk PLC

01 September 2021

TheWorks.co.uk plc

(the "Company")

Director/PDMR Shareholding

TheWorks.co.uk plc, the multi-channel value retailer of gifts, arts, crafts, toys, books and stationery, today announces that on 31 August 2021, the Company granted options over ordinary shares of 1 pence each ("Shares") in the Company at an exercise price of 55 pence ("Options") under TheWorks.co.uk 2018 Save As You Earn Plan ("SAYE") to Gavin Peck (Chief Executive Officer) as outlined below.

All eligible employees were invited to apply for Options under the SAYE, a tax advantaged all employee share plan, which become exercisable following the end of a three year savings contract. The exercise price of the Options was set at a discount of c.20% from the average of the closing middle market Share price over the three dealing days prior to the invitation date of 6 August 2021.

Name of individual	Position / status	Options granted
Gavin Peck	Chief Executive Officer	16,363

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail:

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Gavin Peck

2.

Reason for 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

TheWorks.co.uk plc

b)

LEI

894500W7PWBCCWBN9R03

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

Ordinary shares of £0.01 each

ISIN: GB00BF5HBF20

b)

Nature of the transaction

Grant of options over ordinary shares under the Company's Save As You Earn Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.55	16,363

d)

Aggregated information

Aggregated volume

Price

N/A - single transaction

e)

Date of the transaction

2021-08-31

f)

Place of the transaction

Outside a trading venue

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