28 June 2019

Safestyle UK PLC

('Safestyle' or the 'Group')

Grant of Options

Safestyle UK plc, the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, announces the granting of awards under the Safestyle UK plc 2017 Performance Share Plan ('PSP'), to Executive Directors of the Company.

On 27 June 2019, the Company granted to Mike Gallacher (Chief Executive Officer) and Rob Neale (Chief Financial Officer) an aggregate of 327,273 nil-cost options over ordinary shares in the Company (the 'Options') pursuant to the PSP, subject to performance criteria, as follows:

Executive Director

Grant of new options over Ordinary Shares

Total number of options over Ordinary Shares

Director's interest in the Company's issued share capital (exc. options)

Mike Gallacher

200,000

933,333

50,000

Rob Neale

127,273

477,273

50,000

The Options are subject to the achievement of performance conditions and vest over a period of three years from the date of grant.

The Options are equivalent to 0.40 per cent. of the Company's current issued share capital. In total 5,447,525 Options are now outstanding, representing approximately 6.6 per cent of the Company's current issued share capital. The total number of Ordinary Shares currently in issue is 82,789,083.

The FCA notification, made in accordance with the requirements of the EU Market Abuse Regulation is appended below.

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

Mike Gallacher

2.

Reason for the Notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Safestyle UK Plc

b)

LEI

213800N1ZQBB3E7P8W75

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

Grant of options over ordinary shares of £0.01

Identification code

ISIN: JE00BGP63272

b)

Nature of the transaction

Grant of nil-cost options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil-cost

200,000

d)

Aggregated information:

·Aggregated volume

·Price

n/a

e)

Date of the transaction

27 June 2019

f)

Place of the transaction

Outside a trading venue

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Robert Neale

2.

Reason for the Notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Safestyle UK Plc

b)

LEI

213800N1ZQBB3E7P8W75

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

Grant of options over ordinary shares of £0.01

Identification code

ISIN: JE00BGP63272

b)

Nature of the transaction

Grant of nil-cost options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil-cost

127,273

d)

Aggregated information:

·Aggregated volume

·Price

n/a

e)

Date of the transaction

27 June 2019

f)

Place of the transaction

Outside a trading venue

Enquiries:

Safestyle UK plc

Mike Gallacher, Chief Executive Officer

Rob Neale, Chief Financial Officer

via FTI Consulting

Zeus Capital(Nominated Adviser & Joint Broker)

Dan Bate / Andrew Jones / Dominic King

Tel: 0203 829 5000

Liberum Capital Limited(Joint Broker)

Neil Patel / Jamie Richards

Tel: 0203 100 2100

FTI Consulting(Financial PR)

Alex Beagley / James Styles

Tel: 0203 727 1000

About Safestyle UK plc

The Group is the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market. For more information please visitwww.safestyleukplc.co.ukorwww.safestyle-windows.co.uk.

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Disclaimer

Safestyle UK plc published this content on 28 June 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2019 06:40:09 UTC