RST.L

Restore Plc
Restore PLC - Director/PDMR Shareholding
5th April 2024, 14:39
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RNS Number : 5585J
Restore PLC
05 April 2024
 

5 April 2024

Restore plc

 ("Restore" or the "Company")

 

Director/PDMR Shareholding

Grant of LTIP Share Options

 

Restore plc (AIM: RST), the UK's leading provider of digital and information management and secure lifecycle services, announces that on 5 April 2024, Charles Skinner, Chief Executive Officer, and Dan Baker, Chief Financial Officer, were granted (respectively) 385,397 and 242,693 nil-cost options over ordinary shares of 5 pence each in the capital of the Company (the "Ordinary Shares") under the existing Restore plc Long Term Incentive Plan (the "LTIP"). These LTIP options will vest on 4 April 2027, subject to the achievement of performance conditions, with the vested awards being subject to a post-vesting holding period of six months for 50% of the vested shares and twelve months for the remaining 50%.

 

Following the above award, Charles Skinner's and Dan Baker's beneficial interests in the Company are set out below:

 

PDMR

Position

Number of LTIPs

Number of vested but unexercised share options

Number of Ordinary Shares

Charles Skinner

Chief Executive Officer

934,529

0

1,546,022

Dan Baker

Chief Financial Officer

501,313

0

50,000

 

 

 

For further information please contact:

 

Restore plc

www.restoreplc.com 

Chris Fussell, Company Secretary

+44 (0) 207 409 2420

 

Investec (Nominated Adviser and Joint Broker)

www.investec.com

Carlton Nelson

James Rudd

 

+44 (0) 207 597 5970

Canaccord Genuity (Joint Broker)

www.canaccordgenuity.com

Max Hartley

Alex Aylen

 

+44 (0) 207 523 8000

FTI Consulting (PR Enquiries)

Nick Hasell

Alex Le May

www.fticonsulting.com/uk

+44 (0) 203 727 1340

 

 

The information below (set out in accordance with the requirements of the EU Market Abuse Regulation) provides further detail:

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Charles Skinner

2

Reason for the 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

Restore plc

b)

LEI

213800CE3EOGYML9AY08

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 5 pence each

Identification code

GB00B5NR1S72

b)

Nature of the transaction

Grant of awards pursuant to the LTIP

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




-

385,397







d)

 

Aggregated information




- Aggregated volume

As above - one transaction



- Price

 

- Total




e)

 

Date of the transaction

 

5 April 2024

f)

 

Place of the transaction

 

Outside of a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dan Baker

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial notification

3

 

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

a)

Name

Restore plc

b)

LEI

213800CE3EOGYML9AY08

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 5 pence each

Identification code

GB00B5NR1S72

b)

Nature of the transaction

Grant of awards pursuant to the LTIP

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




-

242,693







d)

 

Aggregated information




- Aggregated volume

As above - one transaction



- Price

 

- Total




e)

 

Date of the transaction

 

5 April 2024

f)

 

Place of the transaction

 

Outside of a trading venue

 

 

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