Deferred Bonus Plan awards

10 April 2018

Headlam Group plc

(the 'Company') 

Grant of awards under the Company's Deferred Bonus Plan

On 9 April 2018, Headlam Group plc granted awards in the form of nil-cost options over a total of 55,922 ordinary shares of 5 pence each in the Company ('Ordinary Shares') under the Deferred Bonus Plan ('DBP'), as detailed in the 2017 Annual Report and Accounts, to the following Executive Directors in relation to the annual bonus in respect of the 2017 financial year:

Director	Number of Ordinary Shares over which award granted
Steve Wilson (Chief Executive)	29,514
Tony Judge (Chief Operating Officer)	26,408

 

The DBP was adopted at the 2017 Annual General Meeting. Under the DBP one-third of any annual bonus amount earned by Executive Directors is to be deferred into a right to acquire Ordinary Shares at nil cost. These options may not vest until the second anniversary of the date on which the annual bonus pay-out is determined.

Enquiries:

Headlam Group plc		Tel: 01675 433 000
Steve Wilson, Chief Executive Catherine Miles, Director of Communications
Investec Bank plc (Corporate Broker)		Tel: 020 7597 5970
Garry Levin / David Flin / Alex Wright
Buchanan (Financial PR and IR)		Tel: 020 7466 5000
Mark Court / Sophie Wills / Catriona Flint

Notes for Editors:

 

Headlam is Europe's largest distributor of floorcoverings having grown significantly via organic growth and acquisition since 1992.

 

Headlam's core business provides the distribution link between suppliers and customers of floorcoverings, providing suppliers with the greatest coverage and customer penetration for their products across the UK and Continental Europe, and customers with the broadest range of products supported by next day delivery.

 

The Company is engaged with suppliers across 16 primary countries whose products cover a significant proportion of the floorcoverings market including carpet, residential vinyl, engineered wood, laminate, luxury vinyl tiles, ceramic tiles, underlay and commercial flooring. The Company's customers are within both the residential and commercial sectors and comprise principally independent retailers and flooring contractors.

 

The Company comprises 64 wholly-owned businesses in the UK and Continental Europe (UK 60, Continental Europe 4) each operating under their own trade brand and utilising their individual sales team which achieves greater market penetration.

 

Each of the businesses is supported by the Company's centralised and financial resources and extensive distribution network across the UK and Continental Europe.

 

www.headlam.com

 

Notification and public disclosure of transactions by PDMRs and persons closely associated with them

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Steve Wilson
2.	Reason for the notification
a)	Position / status	Chief Executive
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer
a)	Name	Headlam Group plc
b)	LEI	213800I4AZZUJEYX9O90
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 £0.05 each.
b)	Identification code	GB0004170089
c)	Nature of the transaction	Grant of nil-cost options over Ordinary Shares under the Company's Deferred Bonus Plan
d)	Price(s) and volume(s)	Price(s) Volume(s) N/A 29,514
e)	Aggregated information -     Volume -     Price	N/A
f)	Date of the transaction	9 April 2018
g)	Place of the transaction	Outside a trading venue

 

 

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Tony Judge
2.	Reason for the notification
a)	Position / status	Chief Operating Officer
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer
a)	Name	Headlam Group plc
b)	LEI	213800I4AZZUJEYX9O90
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 £0.05 each.
b)	Identification code	GB0004170089
c)	Nature of the transaction	Grant of nil-cost options over Ordinary Shares under the Company's Deferred Bonus Plan
d)	Price(s) and volume(s)	Price(s) Volume(s) N/A 26,408
e)	Aggregated information -     Volume -     Price	N/A
f)	Date of the transaction	9 April 2018
g)	Place of the transaction	Outside a trading venue