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Mark George, Chief Financial Officer of Wickes Group Plc, exercised nil cost options over 110,025 ordinary shares on 14 September 2023. On the same date, 51,895 of these shares were sold at £1.449 per share to cover tax and national insurance liabilities, with the remaining net shares retained by Mr. George.
| Date | 15 Sept 2023 |
| Time | 11:03:09 |
| Category | Director/PDMR dealings |
| ID | 6291M |
Wickes Group Plc (the 'Company')
Notifications of transactions by Persons Discharging Managerial Responsibilities ('PDMRs')
The Company was notified on 14 September 2023 of the exercise of nil cost options over Ordinary Shares of 10 pence each ("Shares") in the Company on 14 September 2023 by Mark George in respect of tranche 1 of the buyout award granted under Listing Rule 9.4.2 as set out below. Sufficient Shares were sold to meet the income tax and national insurance liabilities arising from the exercise. The net shares acquired will be retained by Mark George.
|
Name |
Status |
No. of Shares Under Option Exercised |
Transaction Date |
Number of Shares Sold |
Share Price |
|
Mark George |
PDMR |
110,025 |
14.09.23 |
51,895 |
£1.449 |
This Notification is made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation, the Notification of Dealing Form for the PDMR can be found below.
For further information please contact:
Helen O'Keefe
Company Secretary
Tel: (44) 1923 656600
Notification of Dealing Form
|
1 |
Details of the person discharging managerial responsibilities/ person closely associated |
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|
a) |
Name |
Mark George |
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|
2 |
Reason for the notification |
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|
a) |
Position/Status |
Chief Financial Officer |
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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 |
Wickes Group plc |
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|
b) |
LEI |
213800IEX9ZXJRAOL133 |
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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 transaction have been conducted |
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|
a) |
Description of the financial Instrument, type of instrument Identification code |
Ordinary Shares of 10 pence each ISIN: GB00BL6C2002 |
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|
b) |
Nature of the transaction |
Exercise of share options awarded under Listing Rule 9.4.2 buyout plan
|
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|
c) |
Price(s) and volume (s) |
|
|
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|
Price(s) |
Volume(s) |
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|
£Nil |
110,025 |
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|
d) |
Aggregated information -Aggregated volume -Price |
N/A |
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|
e) |
Date of the transaction |
2023.09.14 |
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|
f) |
Place of the transaction |
Outside a trading venue
|
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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 transaction have been conducted |
||
|
a) |
Description of the financial Instrument, type of instrument Identification code |
Ordinary Shares of 10 pence each ISIN: GB00BL6C2002 |
|
|
b) |
Nature of the transaction |
Sale of shares to cover tax and national insurance liabilities |
|
|
c) |
Price(s) and volume (s) |
|
|
|
Price(s) |
Volume(s) |
||
|
£1.449 |
51,895 |
||
|
d) |
Aggregated information -Aggregated volume -Price |
N/A |
|
|
e) |
Date of the transaction |
2023.09.14 |
|
|
f) |
Place of the transaction |
XLON |
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