TPT Topps Tiles Plc

TIDMTPT

RNS Number : 2938Y

Topps Tiles PLC

28 November 2014

Topps Tiles Plc

(the "Company")

Deferred Bonus Long Term Incentive Plan (the "Plan") Award

The Company announces that the Board declared that the performance criteria attached to the award of matching shares made under the Plan to Executive Directors of the Company, other persons discharging managerial responsibilities ("PDMRs") and employees as part of their bonus for the year ended September 2012 have been satisfied. As a result the matching share award has vested.

Under rules of the Plan to Executive Directors of the Company, other persons discharging managerial responsibilities ("PDMRs") and employees became entitled to deal with the Deferred Award

Details of the number of shares vesting in the Executive Directors and PDMR's are set out below:-

 
 Executive Directors    Deferred Award (2012)   Matching Share Award 
 Matthew Williams       55,244                  112,742 
 Rob Parker             32,232                  65,779 
 
 PDMR's 
 Richard Carter         27,422                  55,963 
 

Matthew Williams will now hold 714,817 Ordinary Shares representing 0.37% of the issued share capital of the Company. As a result the combined holding of Matthew Williams and Lucia Williams, spouse of Matthew Williams and a connected person, is 747,817 Ordinary Shares representing 0.39% of the issued share capital of the Company.

Rob Parker will now hold 243,818 Ordinary Shares representing 0.13% of the issued share capital of the Company.

The above notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4.

Stuart Davey

Company Secretary

Topps Tiles plc

Tel 0116 282 8100

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSZMMZMLRDGDZG

Topps Tiles (LSE:TPT)
Historical Stock Chart
From Mar 2024 to Apr 2024

Topps Tiles (LSE:TPT)
Historical Stock Chart
From Apr 2023 to Apr 2024