4 Dec 2019 10:55
For Immediate Release | 4 December 2019 |
ScS Group plc
("ScS" or the "Company")
Director/PDMR Shareholding
ScS, one of the UK's largest retailers of upholstered furniture and floorings, has been notified that on 3 December 2019, Gary Kemp, Logistics Director, and Rachel Kemp, a person closely associated with Gary Kemp, each sold 5,000 ordinary shares of £0.001 each in the Company ("Ordinary Shares") at an average price of 2.25p per Ordinary Share.
Following the sale, Gary Kemp and persons closely associated with him are interested in 156,277 Ordinary Shares, representing approximately 0.4 per cent. of the issued share capital of the Company.
Enquiries:
ScS Group PLC David Knight, Chief Executive Officer Chris Muir, Chief Financial Officer
| c/o Buchanan +44 (0)20 7466 5000 |
Buchanan Richard Oldworth Tilly Abraham
| Tel: +44 (0)20 7466 5000 scs@buchanan.uk.com |
Shore Capital Patrick Castle | Tel: +44 (0)207 408 4050
|
The notification below is provided in accordance with the requirements of the EU Market Abuse Regulations.
1. | Details of the person discharging managerial responsibilities/person closely associated | ||||||
a) | Name: Gary Kemp | ||||||
2. | Reason for the notification | ||||||
a) | Position/Status: PDMR | ||||||
b) | Initial notification/Amendment: Initial notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
a) | Name: ScS Group plc | ||||||
b) | LEI: 213800LOXNVJIB4C7B98 | ||||||
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 0.1p Identification code: GB00BRF0TJ56 | ||||||
b) | Nature of the transaction: Sale of shares | ||||||
c) | Price(s) and volume(s):
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d) | Aggregated information:
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e) | Date of the transaction: 3 December 2019 | ||||||
f) | Place of the transaction: London Stock Exchange |
1. | Details of the person discharging managerial responsibilities/person closely associated | ||||||
a) | Name: Rachel Kemp | ||||||
2. | Reason for the notification | ||||||
a) | Position/Status: Person closely associated with a PDMR | ||||||
b) | Initial notification/Amendment: Initial notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
a) | Name: ScS Group plc | ||||||
b) | LEI: 213800LOXNVJIB4C7B98 | ||||||
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 0.1p Identification code: GB00BRF0TJ56 | ||||||
b) | Nature of the transaction: Sale of shares | ||||||
c) | Price(s) and volume(s):
| ||||||
d) | Aggregated information:
| ||||||
e) | Date of the transaction: 3 December 2019 | ||||||
f) | Place of the transaction: London Stock Exchange |