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Ramsdens Holdings PLC implemented a Company Share Option Plan (CSOP) on 23 June 2022, following HMRC approval. This plan allocates a total of 110,000 options to 20 Senior Managers at an exercise price of 200.5 pence per share. IT Director Jason Carr, a PDMR, was granted 5,500 options under this scheme on the same date.
| Date | 24 Jun 2022 |
| Time | 14:12:25 |
| Category | Director/PDMR dealings |
| ID | 1710Q |
24 June 2022
Ramsdens Holdings PLC
("Ramsdens", the Group, or the "Company")
Director/PDMR Shareholding - CSOP scheme update
Ramsdens, the diversified financial services provider and retailer, announced on 17 March 2022, that the Company would implement a Company Share Option Plan (the "CSOP") for 20 Senior Managers within the Group for a total of 110,000 shares.
The CSOP award was subject to HMRC approval which has now been obtained. Accordingly, the CSOP was implemented on 23 June 2022 with an exercise price of 200.5 pence per share. All other aspects of the scheme remain unchanged.
The only PDMR to be granted options under the CSOP is Jason Carr and the details of his award are below.
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name: Jason Carr |
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2. |
Reason for the notification |
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a) |
Position/status: IT Director |
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b) |
Initial notification/Amendment: Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name: Ramsdens Holdings PLC |
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b) |
LEI: 2138009OAUOROKMFPK95 |
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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 |
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a) |
Description of the financial instrument, type of instrument: Options over Ordinary shares of 1p each. Identification code: GB00BDR6V192 |
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b) |
Nature of the transaction: Grant of options pursuant to CSOP |
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c)
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Price(s) and volume(s):
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d) |
Aggregated information: N/A
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e) |
Date of the transaction: 23 June 2022 |
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f) |
Place of the transaction: Outside a trading venue |
Enquiries:
Ramsdens Holdings PLC Tel: +44 (0) 1642 579957
Peter Kenyon, CEO
Martin Clyburn, CFO
Liberum Capital Limited (Nominated Adviser) Tel: +44 (0) 20 3100 2000
Richard Crawley
Lauren Kettle
Hudson Sandler (Financial PR) Tel: +44 (0) 20 7796 4133
Alex Brennan
Lucy Wollam
About Ramsdens
Ramsdens is a growing, diversified, financial services provider and retailer, operating in the four core business segments of foreign currency exchange, pawnbroking loans, precious metals buying and selling and retailing of second hand and new jewellery.
Ramsdens does not offer unsecured high-cost short term credit.
Headquartered in Middlesbrough, the Group operates from 157 stores within the UK (including 3 franchised stores) and has a growing online presence.
Ramsdens is fully FCA authorised for its pawnbroking and credit broking activities.