Director/PDMR Shareholdings

19 November 2019

The Company has been notified that on 15 November 2019 Tim Davies (Chief Executive Officer) and Neil Austin (Group Finance Director) have each exercised options over 185,159 and 137,018 ordinary shares of 2.5 pence each in the Company ("Ordinary Shares"), respectively.

Following the exercise, Tim Davies sold 87,287 Ordinary Shares and Neil Austin sold 64,593 Ordinary Shares, each at a price of 147p per share, to cover the associated tax charge arising on the exercise of the options.

Subsequent to these transactions, Tim Davies now has an interest in 343,801 Ordinary Shares, representing 0.37% of the Company's issued share capital. Neil Austin now has an interest in 274,479 Ordinary Shares, representing 0.30% 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 the person discharging managerial responsibilities/person closely associated

a) Name

1. Tim Davies

2. Neil Austin

2. Reason for the notification

a) Position/status

1. Chief Executive Officer

2. Group Finance Director

b) Initial notification/Amendment

Initial Notification

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

a) Name

Carr's Group plc

b) LEI


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


c) Nature of transactions

Grant of Award

d) Price(s) and Volume(s)


1. £1.47

2. £1.47




e) Aggregated information:

i. Aggregated volume

ii. price


f) Date of the transaction

15 November 2019

g) Place of the transaction

Outside trading venue



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