Director/PDMR Shareholding
Updated : 07:28
TheWorks.co.uk plc
(the "Company")
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons
TheWorks.co.uk plc, the multi-channel value retailer of gifts, arts, crafts, toys, books and stationery, has been notified that Kevin Keaney, Chief Executive Officer of the Company, has transferred 547,300 ordinary shares in the Company (the "Shares"), for nil consideration, to his wife.
As a result of the transfer, Kevin Keaney's beneficial ownership in the Company remains unchanged.
The Shares transferred remain subject to the original lock-up provisions agreed in connection with the Company's IPO on 19 July 2018, details of which are summarised in the Company's prospectus dated 13 July 2018.
Enquiries:
TheWorks.co.uk plc Kevin Keaney, CEO Gavin Peck, CFO
|
via Teneo |
Teneo Ben Ullmann Shona Buchanan | +44 20 7420 3190 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities / persons closely associated with them.
1. | Details of PDMR / person closely associated with them ('PCA') | |||||
a) | Name | Kevin Keaney | ||||
2. | Details of PDMR / person closely associated with them ('PCA') | |||||
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 | TheWorks.co.uk plc | ||||
b) | LEI | 894500W7PWBCCWBN9R03 | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; | |||||
a) | Description of the financial instrument | Ordinary shares of £0.01 each
ISIN: GB00BF5HBF20 | ||||
b) | Nature of the transaction | Transfer of 547,300 Ordinary Shares to spouse for nil consideration.
No change in beneficial ownership. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
Aggregated volume
Price |
n/a (single transaction)
| ||||
e) | Date of the transaction | 2019-02-15
| ||||
f) | Place of the transaction | Outside a trading venue
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3. | Details of PDMR / person closely associated with them ('PCA') | |||||
a) | Name | Melanie Keaney | ||||
4. | Details of PDMR / person closely associated with them ('PCA') | |||||
a) | Position / status | PCA of Kevin Keaney (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 | TheWorks.co.uk plc | ||||
b) | LEI | 894500W7PWBCCWBN9R03 | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; | |||||
a) | Description of the financial instrument | Ordinary shares of £0.01 each
ISIN: GB00BF5HBF20 | ||||
b) | Nature of the transaction | Receipt of 547,300 Ordinary Shares from spouse, Kevin Keaney, for nil consideration.
No change in beneficial ownership. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
Aggregated volume
Price |
n/a (single transaction)
| ||||
e) | Date of the transaction | 2019-02-15
| ||||
f) | Place of the transaction | Outside a trading venue |
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