TheWorks.co.uk PLC Director/PDMR Shareholding (5548F)
07 Novembre 2022 - 2:00PM
UK Regulatory
TIDMWRKS
RNS Number : 5548F
TheWorks.co.uk PLC
07 November 2022
TheWorks.co.uk plc
(the "Company")
Director/PDMR Shareholding
TheWorks.co.uk plc, the multi-channel value retailer of arts,
crafts, toys, books and stationery, today announces that on 4
November 2022, the Company granted options over ordinary shares of
1 pence each ("Shares") in the Company at an exercise price of 29
pence ("Options") under TheWorks.co.uk 2018 Save As You Earn Plan
("SAYE") to Gavin Peck (Chief Executive Officer) as outlined
below.
All eligible employees were invited to apply for Options under
the SAYE, a tax advantaged all employee share plan, which become
exercisable following the end of a three year savings contract. The
exercise price of the Options was set at a discount of c.20% from
the average of the closing middle market Share price over the three
dealing days prior to the invitation date of 10 October 2022.
Name of individual Position / status Options granted
Chief Executive
Gavin Peck Officer 31,034
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The notification below, made in accordance with the requirements
of the UK Market Abuse Regulation, provide further detail:
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Gavin Peck
------------------------- --------------------------------------------
2. Reason for notification
-----------------------------------------------------------------------
a) Position / status Chief Executive Officer
------------------------- --------------------------------------------
b) Initial notification Initial notification
/ amendment
------------------------- --------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name TheWorks.co.uk plc
------------------------- --------------------------------------------
b) LEI 894500W7PWBCCWBN9R03
------------------------- --------------------------------------------
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 Ordinary shares of GBP0.01 each
the financial
instrument ISIN: GB00BF5HBF20
------------------------- --------------------------------------------
b) Nature of the Grant of options over ordinary shares
transaction under the Company's Save As You Earn Plan.
------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.29 31,034
----------
------------------------- --------------------------------------------
d) Aggregated information
Aggregated volume N/A - single transaction
Price
------------------------- --------------------------------------------
e) Date of the transaction 2022-11-04
------------------------- --------------------------------------------
f) Place of the transaction Outside a trading venue
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END
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November 07, 2022 08:00 ET (13:00 GMT)
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