RNS Number : 8320Y
Topps Tiles PLC
27 February 2013
 

Topps Tiles PLC

 

27th February 2013

 

Topps Tiles plc. (the "Company")                               

 

Director/PDMR Share Award

 

The Company announces the following dealings by PDMRs in the Company's ordinary shares totalling 2,073,475 shares

 

On 26th February 2013 Topps Tiles plc. granted awards in the form of nil cost options ("Awards") in connection with the Topps Tiles 2013 Long Term Incentive  Plan  ("LTIP") as follows:-

 

Director/PDMR

Number of Shares subject to Awards

Date of Award

Matthew Williams

805,618

26th February 2013

Rob Parker

483,371

26th February 2013

Richard Carter

406,760

26th February 2013

Brian Linnington

377,725

26th February 2013

 

The number of shares under option was determined using a share price of 46.3 pence based on 3 days prior to year end

 

The Awards will vest and become exercisable from the 1st December 2015 but only to the extent that the performance conditions are met.

No consideration is payable on the grant of these Awards.

 

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

 

 

 

 

Rob Parker

Company Secretary

Topps Tiles plc.

 


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