Likewise Group Tony Brewer, Andrew Simpson and Adrian Laffey Increase Holdings in Company

Likewise Group plc

Likewise Group plc (LON:LIKE), the fast growing and progressive UK floor coverings distributor has announced that it has been notified that Chief Executive, Tony Brewer; Non-Executive Director, Andrew Simpson; and PDMR, Adrian Laffey, have purchased an aggregate of 171,782 ordinary shares of 1 pence each in the Company. The Shares were purchased through the reinvestment of the Company’s interim dividend.

Following the Purchases, the PDMRs are beneficially interested in the voting capital of the Company as follows:

ShareholderRoleNumber of Shares purchasedTotal Shares beneficially interested inPercentage of voting rights
Tony BrewerChief Executive96,72429,993,94112.29%
Andrew SimpsonNon-Executive Director33,18519,819,8858.12%
Adrian LaffeyMainstream Residential Director41,8736,914,6462.83%

The Panel on Takeovers and Mergers has agreed with the Company that the concert party of pre-IPO shareholders now consists of Tony Brewer, Andrew Simpson, James Kellett and Adrian Laffey only (the “Concert Party”). As a result of the Purchases, the Concert Party’s aggregate interest in the voting rights of the Company is now 25.49%. 

Likewise Group PLC (LON:LIKE) is a distributor of floorcoverings and matting and has the opportunity to consolidate the domestic and commercial floorcovering markets to become one of the UK’s largest distributors in this sector.

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