Director / PDMR Shareholdings

13 January 2021

The Company has been notified that on 8 January 2021, the following nil cost options ("Options") were exercised over ordinary shares of 2.5p each in the Company ("Ordinary Shares") by certain Directors and a further PDMR. Such options were granted on 22 December 2017 pursuant to the Company's Long Term Incentive Plan 2013.

 

NamePositionNumber of Options
Tim DaviesChief Executive Officer (on date of exercise)113,814
Neil AustinChief Financial Officer84,223
Matthew RatcliffeCompany Secretary16,559

 

Following exercise of the Options, the following Ordinary Shares were sold at a price of £1.25 per Ordinary Share to cover the associated tax charges arising, with the balance being transferred to the relevant PDMR.

 

NameOrdinary Shares soldOrdinary Shares transferred to PDMR
Tim Davies53,76360,051
Neil Austin39,87544,348
Matthew Ratcliffe6,9909,569

 

Subsequent to these transactions, Tim Davies has an interest in 443,075 Ordinary Shares, representing 0.48% of the Company's issued share capital, Neil Austin has an interest in 353,931 Ordinary Shares, representing 0.38% of the Company's issued share capital and Matthew Ratcliffe has an interest in 9,569 Ordinary Shares, representing 0.01% of the Company's issued share capital.

The following information is included in accordance with Article 19(3) of the Market Abuse Regulation (No. 596/2014):

 

1.

Details of person discharging managerial responsibilities/person closely associated

a)

Name

Tim Davies

2.

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/amendment

Initial Notification

3.

Details of the issuer

a)

Name

Carr's Group plc

b)

Legal Entity Identifier

213800HTIKPQV98RA653

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 £0.025 each

b)

Identification code of the Financial Instrument

GB00BRK01058

c)

Nature of the transaction

1. Exercise of options over ordinary shares

2. Sale of ordinary shares

d)

Price(s) and volume(s)

Price(s)

Volume(s)

1. Nil

2. £1.25

113,814

53,763

 

e)

Aggregated information

-      volume

-      Price

-      Total

N/A

 

f)

Date of the transaction

8 January 2021

g)

Place of the transaction

1. Outside a trading venue

2. London Stock Exchange

 

1.

Details of person discharging managerial responsibilities/person closely associated

a)

Name

Neil Austin

2.

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/amendment

Initial Notification

3.

Details of the issuer

a)

Name

Carr's Group plc

b)

Legal Entity Identifier

213800HTIKPQV98RA653

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

Ordinary Shares of £0.025 each

b)

Identification code of the Financial Instrument

GB00BRK01058

c)

Nature of the transaction

1. Exercise of options over ordinary shares

2. Sale of ordinary shares

d)

Price(s) and volume(s)

Price(s)

Volume(s)

1. Nil

2. £1.25

84,223

39,875

 

e)

Aggregated information

-      volume

-      Price

-      Total

 

N/A

 

f)

Date of the transaction

8 January 2021

g)

Place of the transaction

1. Outside a trading venue

2. London Stock Exchange

 

1.

Details of person discharging managerial responsibilities/person closely associated

a)

Name

Matthew Ratcliffe

2.

Reason for the notification

a)

Position/status

Company Secretary

b)

Initial notification/amendment

Initial Notification

3.

Details of the issuer

a)

Name

Carr's Group plc

b)

Legal Entity Identifier

213800HTIKPQV98RA653

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

Ordinary Shares of £0.025 each

b)

Identification code of the Financial Instrument

GB00BRK01058

c)

Nature of the transaction

1. Exercise of options over ordinary shares

2. Sale of ordinary shares

d)

Price(s) and volume(s)

Price(s)

Volume(s)

1. Nil

2. £1.25

16,559

6,990

 

e)

Aggregated information

-      volume

-      Price

-      Total

 

N/A

f)

Date of the transaction

8 January 2021

g)

Place of the transaction

1. Outside a trading venue

2. London Stock Exchange


 

Enquiries:

Carr's Group plc
Matthew Ratcliffe (Company Secretary)
 
01228 554 600

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