Lookers : Grant Of Share Options

07 May 2019

Lookers plc

Grant of share options under the Lookers plc Long-Term Incentive Plan

The Board of Directors of Lookers plc ('Lookers' or the 'Company') announces that, following approval by the Company's Remuneration Committee, the Company has today granted options to certain directors (the 'Options').

The Options have been granted pursuant to the rules of the Lookers plc Long-Term Incentive Plan.

The Options have been granted over a total of 1,359,888 ordinary shares of £0.05 each in the capital of the Company.

In normal circumstances, the Options are exercisable three years from the date of grant (to the extent to which the performance criteria have been met.

In accordance with Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the grant of the Options is attached to this announcement.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andy Bruce
2	Reason for the notification
a)	Position/status	Chief Executive
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Lookers plc
b)	LEI
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 Identification code	Nil cost options over Ordinary Shares of 5 pence
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil Cost Options 741,758
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	30 April 2019
f)	Place of the transaction	London Stock Exchange, Main Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Robin Gregson
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Lookers plc
b)	LEI
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 Identification code	Nil cost options over Ordinary Shares of 5 pence
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil Cost Options 309,065
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	30 April 2019
f)	Place of the transaction	London Stock Exchange, Main Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nigel McMinn
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Lookers plc
b)	LEI
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 Identification code	Nil cost options over Ordinary Shares of 5 pence
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil Cost Options 309,065
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	30 April 2019
f)	Place of the transaction	London Stock Exchange, Main Market

- Ends -

Enquiries:

Robin Gregson, Chief Financial Officer	Tel: [phone]
Glenda MacGeekie, Company Secretary