REG - Headlam Group PLC - SAYE Exercise and Total Voting Rights
RNS Number : 9177FHeadlam Group PLC31 October 201831 October 2018
Headlam Group plc
(the "Company")
SAYE Exercise and Total Voting Rights
Headlam Group plc (LSE: HEAD), Europe's largest distributor of floorcoverings, announces that, on 31 October 2018, share options granted under the Headlam Group 2015 Savings Related Share Option Scheme, were exercised at an option price of £3.40 per share, respectively, by certain employees of the Company.
A total of 296 ordinary shares have been transferred from treasury stock for the purpose of satisfying the exercise of the share options.
Following the above transfer of treasury stock, the Company holds 771,606 ordinary shares as treasury shares.
As at 31 October 2018, the Company's total issued share capital consists of 85,363,743 ordinary shares of 5 pence each ("Ordinary Shares"), with one voting right per share. The Company holds 771,606 Ordinary Shares in treasury.
Therefore, the total number of voting rights in the Company is 84,592,137. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
Headlam Group plc
Tel: 01675 433 000
Steve Wilson, Chief Executive
Chris Payne, Chief Financial Officer
Investec Bank plc (Corporate Broker)
Tel: 020 7597 5970
David Flin / Alex Wright
Panmure Gordon (UK) Limited (Corporate Broker)
Tel: 020 7886 2500
Erik Anderson / Andrew Potts / Ailsa MacMaster
Buchanan (Financial PR and IR)
Tel: 020 7466 5000
Mark Court / Sophie Wills / Catriona Flint
Notes for Editors:
Headlam is Europe's largest distributor of floorcoverings having grown significantly via organic growth and acquisition since 1992.
Headlam's core business provides the distribution link between suppliers and customers of floorcoverings, providing suppliers with the greatest coverage and customer penetration for their products across the UK and Continental Europe, and customers with the broadest range of products supported by next day delivery.
The Company is engaged with suppliers across 16 primary countries whose products cover a significant proportion of the floorcoverings market including carpet, residential vinyl, engineered wood, laminate, luxury vinyl tiles, ceramic tiles, underlay and commercial flooring. The Company's customers are within both the residential and commercial sectors and comprise principally independent retailers and flooring contractors.
The Company comprises 65 wholly-owned businesses in the UK and Continental Europe (UK 61, Continental Europe 4) each operating under their own trade brand and utilising their individual sales team which achieves greater market penetration.
Each of the businesses is supported by the Company's centralised and financial resources and extensive distribution network across the UK and Continental Europe.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDMSCLLFIEIVLLVIT
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