Restore : 19/9/2017 Exercise of Options (Read More)

19 September 2017

Restore plc ('Restore' or the 'Company')

Exercise of Options

The Company notifies thatNeil Clark, a person discharging managerial responsibilities of the Company, today exercised 80,000 options over ordinary shares of 5 pence each for a price of 32.5 pence per share, which have been net settled at the closing price on 18 September 2017, being 561 pence per share.

Accordingly, application has been made for 75,366 ordinary shares of 5 pence each in the Company ('New Ordinary Shares') to be admitted to trading on AIM. The New Ordinary Shares will rank pari-passu with existing ordinary shares and it is expected that admission will occur at 8.00 a.m. on 25 September 2017.

Following admission of the New Ordinary Shares, the Company's issued ordinary share capital will consist of 112,889,742 ordinary shares. The Company does not hold any shares in treasury. Therefore, the total number of ordinary shares with voting rights in Restore following Admission will be 112,889,742.

The above figure of 112,889,742 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.

Contact:

Restore plc
Charles Skinner, Chief Executive	07966 234 075
Adam Councell, Group Finance Director	07860 402 434
Cenkos Securities plc	020 7397 8900
Nicholas Wells
Elizabeth Bowman
FTI Consulting	020 3727 1340
Nick Hasell

Template for 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	Neil Clark
2	Reason for the notification
a)	Position/status	Managing Director - Restore Storage
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Restore plc
b)	LEI	213800CE3EOGYML9AY08
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	Options over ordinary shares of 5 pence each
	Identification code	GB00B5NR1S72
b)	Nature of the transaction	Exercise of options over Ordinary Shares of 5 pence each
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			-	75,366
d)	Aggregated information	N/A
	- Aggregated volume
	- Price
e)	Date of the transaction	19 September 2017
f)	Place of the transaction	Outside trading venue