Topps Tiles PLC PDMR Transaction and Total Voting Rights (5780J)

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RNS Number : 5780J

Topps Tiles PLC

13 December 2022

Topps Tiles plc

(the "Company")

PDMR Transaction and Total Voting Rights

PDMR Transaction

The Company has been notified that, on 12 December 2022, Robert Parker, the Company's Chief Executive Officer and a PDMR, exercised nil-cost share options in respect of 432,693 ordinary shares of 3.33 pence each in the capital of the Company ("Ordinary Shares") in accordance with the rules of the Topps Tiles 2013 Long Term Incentive Plan (the "Exercise"). He has sold on the same date 203,777 Ordinary Shares at a price of GBP 0.472560 per share in order to satisfy associated tax liabilities and dealing costs. He has retained the balance of the Ordinary Shares exercised.

Total Voting Rights

The Company's total issued share capital, at the date of this announcement, is 196,681,818 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in treasury.

To satisfy the above Exercise by Robert Parker, The Topps Tiles Employee Benefit Trust (the "EBT") was requested to transfer 432,693 Ordinary Shares. Following this transfer the EBT holds 356,735 Ordinary Shares and has waived its right to exercise its voting rights and to receive dividends in respect of these Ordinary Shares. Accordingly, the total number of voting rights in the Company will be 196,325,083. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

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                              Robert Parker 
2   Reason for the notification 
a)  Position/status                   Chief Executive Officer (PDMR) 
b)  Initial notification /Amendment   Initial notification 
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      Ordinary shares of 3.33 pence each 
     instrument, type of instrument 
    Identification Code               GB00B18P5K83 
b)  Nature of the transaction         Exercise of nil cost options and sale of shares 
c)  Price(s) and volume(s)                Price                      Volume 
                                         GBP0.00     432,693 
                                                      nil cost options 
                                                    ------------------------ 
                                         GBP         203,777 
                                          0.472560    Shares sold 
                                                    ------------------------ 
    Aggregated information            N/A 
     - Aggregated volume 
     - Price 
e)  Date of the transaction           12 December 2022 
f)  Place of the transaction           Outside a trading venue - nil cost options 
                                        London Stock Exchange - shares sold

Enquiries: Topps Tiles plc

   Helen Evans, Company Secretary                                              0116 282 8000

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END

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December 13, 2022 09:34 ET (14:34 GMT)

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