TOPPS TILES PLC

Director's Dealing • Dec 15, 2023

National Storage Mechanism | Additional information

RNS Number : 0390X

Topps Tiles PLC

15 December 2023

15 December 2023

Topps Tiles plc

(the "Company")

PDMR Transaction

The Company has received notice that, on 13 December 2023, Robert Parker, Stephen Hopson, and Timothy Tatlock, each a PDMR, were awarded nil-cost share options in respect of ordinary shares of 3.33 pence each in the capital of the Company ("Ordinary Shares") as detailed below, in accordance with the Topps Tiles Plc 2023 Share Plan.  The Vesting of each award is subject to the satisfaction of the performance condition that EPS as stated in the Company's accounts for the 2025/26 financial period excluding exceptional items and subject to such adjustments as the Board in its discretion determines are fair and reasonable, is between 4.35 pence per share for vesting at 10% and 7.65 pence per share for vesting at 100%.

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name 

1.   Robert Parker

2.   Stephen Hopson

3.   Timothy Tatlock

2

Reason for the notification

a)

Position/status

1.   Chief Executive Officer (PDMR)

2.   Chief Financial Officer (PDMR)

3.   Buying Director (PDMR)

b)

Initial notification /Amendment

Initial

3

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

a)

Name

Topps Tiles PLC

b)

LEI

2138009NA4K1NTLN7Q97

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 3.33 pence each

Identification Code

GB00B18P5K83

b)

Nature of the transaction

Grant of nil cost options pursuant to the Topps Tiles 2023 Share Plan

c)

Price(s) and volume(s)

PDMR	Price	Volume
Robert Parker	£0.00	908,300
Stephen Hopson	£0.00	518,732
Timothy Tatlock	£0.00	397,381

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

Wednesday 13 December 2023

f)

Place of the transaction

Outside of a trading venue

PDMR Transaction

The Company has received notice that, on 13 December 2023, Robert Parker and Stephen Hopson, each a PDMR, were awarded nil-cost share options in respect of ordinary shares of 3.33 pence each in the capital of the Company ("Ordinary Shares") as detailed below, in accordance with the Topps Tiles Plc 2023 Share Plan by way of Deferred Bonus Awards.

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name 

1.Robert Parker

2.Stephen Hopson

2

Reason for the notification

a)

Position/status

1.   Chief Executive Officer (PDMR)

2.   Chief Financial Officer (PDMR)

b)

Initial notification /Amendment

Initial

3

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

a)

Name

Topps Tiles PLC

b)

LEI

2138009NA4K1NTLN7Q97

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 3.33 pence each

Identification Code

GB00B18P5K83

b)

Nature of the transaction

Grant of nil cost options pursuant to the Topps Tiles 2023 Share Plan

c)

Price(s) and volume(s)

PDMR	Price	Volume
Robert Parker	£0.00	190,412
Stephen Hopson	£0.00	108,744

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

Wednesday 13 December 2023

f)

Place of the transaction

Outside of a trading venue

For further information please contact:

Joanne Steer, Company Secretary, Topps Tiles Plc

0116 2828000

Joanne.steer@toppstiles.co.uk

Notes to Editors:

Topps Tiles Plc is the UK's largest specialist supplier of tiles and associated products, targeting the UK domestic refurbishment and commercial markets and serving homeowners, trade customers, architects, designers and contractors from 304 nationwide Topps Tiles stores, a commercial showroom in London and seven websites: www.toppstiles.co.uk, www.parkside.co.uk, www.protilertools.co.uk, www.northantstools.co.uk, www.premiumtiletrim.co.uk, www.warmfloorstore.co.uk and www.tilewarehouse.co.uk.

Since opening its first store in 1963, Topps has maintained a simple operating philosophy ‐ inspiring customers with unrivalled product choice and providing exceptional levels of customer service.  For further information on the Group, please visit http://www.toppsgroup.com

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